Santiment
SAN has broken out of the descending triangle.
With a strong movement it has also broken the resistance at fib retracement 100% (3.44$).
It is now in a consolidation phase.
If it breaks through the red line I see chances up to the next fib retracement 161.8% (5.41$).
Stop at fib 100 (3.44$).
MACD: positiv - but turning!
RSI: not strong (now 64 but falling); triggering long trend (4h - candle)
Good buy opportunity IF trend turns to positive!!!!
With a strong movement it has also broken the resistance at fib retracement 100% (3.44$).
It is now in a consolidation phase.
If it breaks through the red line I see chances up to the next fib retracement 161.8% (5.41$).
Stop at fib 100 (3.44$).
MACD: positiv - but turning!
RSI: not strong (now 64 but falling); triggering long trend (4h - candle)
Good buy opportunity IF trend turns to positive!!!!
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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.