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^.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.