SANDBOX HOLD ON WAIT FOR ME!!!
Folks,
This sandbox/usdt chart I expect a lot from today..
We must manage to hold this support level and prices above 50 day MA --> than we are bullish and expect higher prices..
This decline is purely profit taking from yesterday..
The bearish engulfing pattern is not something to become scared by.. While writing this a DOJI is getting formed at a low price area/Support.. that's good if it closes like this. That CAN be the 1st sign of reversal.
The half of the black candle of the bearish engulfing pattern becomes resistance and I want to see a price close above this middle.. that is an confirmation of higher probabilities of higher prices..
Read the rest in the chart..
Have a good trading day..
See my other charts/opinions in my list.. Like my opinions style of technical analysis make sure you follow for lots more to come!!
Want me to analyze a chart for you??
Leave a comment below or dm..
Like the content and follow. LOVE!!
This sandbox/usdt chart I expect a lot from today..
We must manage to hold this support level and prices above 50 day MA --> than we are bullish and expect higher prices..
This decline is purely profit taking from yesterday..
The bearish engulfing pattern is not something to become scared by.. While writing this a DOJI is getting formed at a low price area/Support.. that's good if it closes like this. That CAN be the 1st sign of reversal.
The half of the black candle of the bearish engulfing pattern becomes resistance and I want to see a price close above this middle.. that is an confirmation of higher probabilities of higher prices..
Read the rest in the chart..
Have a good trading day..
See my other charts/opinions in my list.. Like my opinions style of technical analysis make sure you follow for lots more to come!!
Want me to analyze a chart for you??
Leave a comment below or dm..
Like the content and follow. LOVE!!
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