SunContract is a pretty new coin. It is made to empower home owners to freely buy, sell or trade electricity.
A great idea IMO!
Here is SNC/BTC in a quite bullish cup and handle formation.
If the corrective part of the handle is fulfilled, this can bring a spike in price soon.
We could get a lower low, but volume decreasing and MACD turning up indicate a turn in sentiment. Few weak hands left now.
But if new buyers don't arrive building volume the price could also go sideways a while.
If you have another view on this charts your welcome to discuss and post your charts in the comments.
Comments are highly appreciated, and please upvote, resteem and follow me if you profit from this chart, or enjoy my posts !
These charts are done at Hitbtc exchange
If you feel like buying me a beer:
ETH: 0x478c06b33f2b03892dcbb03cd353defba356bc26
LTC: LQ3Jc2bq46Dc8FBkdDoDKtAtYp6mNdLDSa
BTC: 1NXnrq9WcF2BoL2dwAgNg85MZ2qiwN5e1j
BCH: 1GTzQYiTn2EqNt3YVp9LoCbzVvouHiHJAD