Panjang
Sonm testing bullish support lines, possible cup & handle
Sonm, which I'm personally very bullish on from a tech perspective, has recently broken a major support line (A.) but did bounce off a second (B.)
My best bullish prediction would be that we are forming a massive cup and handle , this is further support if you view the daily where the recent mini-crash failed to close any candles above the cup line.
As usual, i will look for a fresh influx of volume ALONG with a bearish break from the handle as an indicator to pull out.
Here's the handle on the daily
My best bullish prediction would be that we are forming a massive cup and handle , this is further support if you view the daily where the recent mini-crash failed to close any candles above the cup line.
As usual, i will look for a fresh influx of volume ALONG with a bearish break from the handle as an indicator to pull out.
Here's the handle on the daily
Nota
A slight re-draw of the handle may show we're still on track
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.