SATS took Liquidity from previous daily swing low and went into consolidation for weeks…
It’s currently showing signs of a Bullish move, after grabbing liquidity and Changing character… we could see a potential Buy pressure for a short while, and for SATS to flip completely Bullish, it has to break a major resistance zone
It’s currently showing signs of a Bullish move, after grabbing liquidity and Changing character… we could see a potential Buy pressure for a short while, and for SATS to flip completely Bullish, it has to break a major resistance zone
Note
analysis stated above has played out.. buying fora short while and failed to break above major resistance... hence the massive dump.
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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.