Long
Shiden Network (SDN): ALERT - "Calm before the Storm"?

SDN is forming a bullish falling wedge in an uptrend. The end of the consolidation phase is near. We can expect a break of the wedge to the upside, but still requires confirmation by a daily close above the wedge. You can enter as soon as the close occurs or wait for a potential pull back for the price action to retest the broken resistance.
I'm trading more aggresive within the wedge, but a more safe option goes as follows: Entry - $7.130, SL - $5.978 and TP - $10.321.
-If you agree with this, like and share.
Cheers.
I'm trading more aggresive within the wedge, but a more safe option goes as follows: Entry - $7.130, SL - $5.978 and TP - $10.321.
-If you agree with this, like and share.
Cheers.
Order cancelled
BTC threw a spanner in the works. Idea invalid.Disclaimer
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.
Disclaimer
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.