Short
Short trade on SANUSD, short for a H&S in the making
Updated
A little risky short trade on SAN.
I believe a right sholder is in the make. Buying power and volume seems to be missing the last 2 days. Volume seems to be dropping as you can see. I think that's why the ones that were in this one a week ago will start to take profits. This correction should be quite fast, and a big chance it will pump up again after it has hit it's target.
I am short at 1.32
my stop is at 1.41
target around 1.0/0.9
I believe a right sholder is in the make. Buying power and volume seems to be missing the last 2 days. Volume seems to be dropping as you can see. I think that's why the ones that were in this one a week ago will start to take profits. This correction should be quite fast, and a big chance it will pump up again after it has hit it's target.
I am short at 1.32
my stop is at 1.41
target around 1.0/0.9
Note
Already a nice profit, but it looks like it starting to turn again. I have lowered my stop to that black horizontal line around 1.26. To ensure at least some profit. But even more because it will probably move higher if it breaks through that level
Note
And i am out at 1.26. Small profit. Looks like it is turning now. Like all the other coins, seems like market cap is just a word :)
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