In our last analysis on Snowflake, we were focused around the MOAT level, which was lost after the analysis. However, we respected the HVN edge low quite well, and since then, we haven't seen any significant new lows.
If Snowflake can hold its current level and avoid retesting lower zones, we could potentially see a flip in the market structure toward a bullish trend. If this scenario plays out, we’ll be actively looking for long setups for SNOW.
We'll keep you informed on whether this bullish scenario materializes or if lower prices prevail.
If Snowflake can hold its current level and avoid retesting lower zones, we could potentially see a flip in the market structure toward a bullish trend. If this scenario plays out, we’ll be actively looking for long setups for SNOW.
We'll keep you informed on whether this bullish scenario materializes or if lower prices prevail.
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Exclusive Trading & Investing Group for Crypto & Stocks! 💎📈
Daily Stocks & Crypto Analysis | Daily Bitcoin ETF Updates | Trading Challenges & more
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Daily Stocks & Crypto Analysis | Daily Bitcoin ETF Updates | Trading Challenges & more
Join us:👇
🔗 wavemarketcapital.com/
Related publications
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.