SAN. Consolidation in the triangle and fall

By P_S_trade
Updated
In order for the SUN to start to grow as the ETP needs to break through the black trend line and strong price zone 1.15-1.20. This is the key zone for this coin. In the history it is visible, what were the volumes when this zone was punched by buyers or sellers. Looking at the current volumes, it is more likely that the SAN will break the triangle down and continue moving in the wedge.
If I am wrong - then when breaking the price zone of 1.15-1.20 there should be high volumes and buyers should keep the zone test by sellers. So far the wide range of trading in the triangle.
Comment
snapshot
consolidation is narrowing. It is better not to trade SUN now.
Comment
snapshot
SAN tried to break the bottom trend line. Let's look at the end of the day, as the day- candle will close. If the weekly candle closes below 0.9 - I'll wait for a san up to $ 0.6
Comment
snapshot
great short. San struck 0.9 $. I'm waiting 0.6 $
Comment
snapshot
SAN. After breaking the trend down the price will go down more aggressively.
Comment
snapshot
San falls on the plan. If someone in shorts - it is better to close part of the position.
Trade closed: target reached
Beyond Technical AnalysisChart PatternsSANsantimentSANUSDTrend Analysis
P_S_trade
🎁 -20% on ALL trading fees OKX
okx.com/join/20PSTRADE

🔥V-I-P cutt.ly/PwkLhT56

👍Daily bitcoin reviews here💲 cutt.ly/3wnaaG4s

🔵Telegram t.me/pstrade_eng

Related publications

Disclaimer