Double H&S? SAN/USD
Updated
Double H&S formation after a bull. Indicators confirm.
it could break 1.38 down (0.618 FB). A huge correction is expected. On the day chart: a) It has been raising outside BB for the past 4 days, b) RSI overbought and sell c) MACD sell d) ichimoku DOWN!!!!!!!!! anyway I just read the chart and I am probably wrong !!!!. At least I have put my money!!! I am crazy..... I can send you the screen shoot of my bitfinex positions
SANUSD
it could break 1.38 down (0.618 FB). A huge correction is expected. On the day chart: a) It has been raising outside BB for the past 4 days, b) RSI overbought and sell c) MACD sell d) ichimoku DOWN!!!!!!!!! anyway I just read the chart and I am probably wrong !!!!. At least I have put my money!!! I am crazy..... I can send you the screen shoot of my bitfinex positions
SANUSDTrade active
Confirmation to enter when touches ascending line around 2.55. It is also confirm the exit downwards of the triangle is in.ENTER: 2.55 $ (SL: 2.64 $)
TP1: 2.03 $ (5:1)
TP2: 1.36 $
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Wait to confirm to enter when it touches again around 2.55!!!!!!!Trade active
Confirmation when touches ascending line again.Trade active
In addition DOUBLE TOP!!!!!!!!!!Note
Descending to touch the ascending line so it will be confirmed!!!!.Trade active
Probably it is going to go to ATH instead of touching ascending support line!!!!Note
About to touch the ascending line to confirm!!!!!! It cold also go up to ATH but indicators are now showing downwards movement.We have:
- Outside BB for the last days
- Overbought
- H&S
- Double Top
What else is needed!!! In addition what the hell is SAN??? No news no nothing on their web or twitter. What is being nothing however it climbed 200% and it is more than 400 Million now for nothing.. Amazing TA and amazing life.
Note
If this goes to another ATH instead of going down drastically and correct more than 50%... then live is strange (I knew it already) on this crypto world!Note
It touched supported ascending line!! I hope that it will go down soon. Cross fingers !!! Common sense is not an option in the cryptoTrade active
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