SNT - newly listed on Bitfinex - is gaining strength & looks like it's ready to start testing resistance levels. This is a good time to accumulate for an upcoming pump. New Bitfinex coins tend to do this & this shouldn't be any different unless Bitcoin really starts having some problems. For now, all systems go.
And is the volume as important as Fibonacci? Well according to your chart did not have big sales, so is it time to sell maybe be along with the large sales volumes?
marcosfelipecfbr1
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very good, how should I calculate my targets in situations like this?
llywellyn
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@marcosfelipecfbr1, the timeframe you want to trade will affect your targets, but you can draw a fib retracement from the previous swing high to swing low to get some reliable profit levels.