There is a possibility for the beginning of an uptrend in SNMETHTechnical analysis:
. SONM/ETHEREUM is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 66.
. The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the resumption of an uptrend is increased.
Trade Setup:
We opened 8 BUY trade(s) @ 0.00023921 based on ' Hammer ' entry method at 09.10.2018.
Trading suggestion:
. There is still a possibility of temporar
SLong
