SNC is a new one, and after a first spike and a period of no interest it has started to climb steadily. SNC got the Hurry up and wait syndrome of altcoins, going up fast, and long triangle formed corrections.
As you can see on the SNC/USD pair we are finishing up an ABCDE correction, just one more dip to form the E wave, and I expect the 1. blue wave to form quickly!
The SNC/BTC pair is looking bullish too, but forming a deeper bowl than USD pair.
(Hitbtc charts don't have ABCDE corrections, substituted with an EW subminor, hence the i,ii,iii,iv,v labeling of those.)
Comments are highly appreciated, and if you profit from this chart, or enjoy my post, please upvote, resteem and follow!
I have learned this profitable EW charting by @haejin btw!
If you feel like buying me a beer:
ETH: 0x478c06b33f2b03892dcbb03cd353defba356bc26
LTC: LQ3Jc2bq46Dc8FBkdDoDKtAtYp6mNdLDSa
BTC: 1NXnrq9WcF2BoL2dwAgNg85MZ2qiwN5e1j
BCH: 1GTzQYiTn2EqNt3YVp9LoCbzVvouHiHJAD
Two days later and these charts were fulfilled and price went even higher. Expecting a correction to form a handle for our bowl. If so happens SNC price could easily make a 10X jump!
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