Hi dear traders
SAND With fluctuations in the downward channel, it can reach the support range of 0.35 to 0.4 again, and if it maintains this area, it can reach the target of 1$ and above.
Let's see what happens
This is not financial advice ( DYOR )
Good luck
SAND With fluctuations in the downward channel, it can reach the support range of 0.35 to 0.4 again, and if it maintains this area, it can reach the target of 1$ and above.
Let's see what happens
This is not financial advice ( DYOR )
Good luck
Note
Attention :
The daily price has formed a W pattern.
It turned back to test the neckline at the 0.54 area as support.
If it maintains this area, the price can go up to the resistance of 0.608 and break the descending channel.
There is a possibility of false breakout
be careful
Let's see what happens
Good luck
Note
After the formation of the w pattern, the price has reached the ceiling of the descending channel.A bearish divergence can be seen in the 4H time frame.
We expect the return of the price.
Let's see what happens
Note
The price touched the target specified in the w pattern.
It is possible to test the ceiling of the descending channel as support.
If the failure is complete, the price will rise to the resistance area of 0.8033 and 0.8382
Otherwise, the first daily support zone is near 0.54
Let's see what happens
Note
As expected, the price bounced back to test the ceiling of the descending channel as support.
We are waiting for a response to this area
Note
Tp 0.5407 hit 🎯Note
Tp 0.4950 hit 🎯Trade closed: target reached
Full Target 🎯Good luck 🤗
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.