Sand is incredibly bearish. There is nothing about this chart that suggests this asset will gain value any time soon.
Reasons why it's bearish
- In a downward channel for over 2 months with no threat of breaking it.
- Just broke 80c support and backtested it as resistance.
- Both the RSI and MACD look set for negative growth.
The short will be active until the channel is broken to the upside and it leads to a break back above 80c and holds it as support.
I will not exit the trade if the SL hits unless I see this^.
Reasons why it's bearish
- In a downward channel for over 2 months with no threat of breaking it.
- Just broke 80c support and backtested it as resistance.
- Both the RSI and MACD look set for negative growth.
The short will be active until the channel is broken to the upside and it leads to a break back above 80c and holds it as support.
I will not exit the trade if the SL hits unless I see this^.
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免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。