The bear-market for SANDUSDT is the clear descending channel you can see drawn on the left side of this chart.
Late December 2022 a low/bottom is hit and this is marked by the TD Sequential and also the bullish breakout that followed.
Notice that in early 2023 we had 3 strong sessions closing green.
In the entire bearish wave from November 2021 to December 2022 we never had this happen, maximum 2 sessions closing green and then off to new lows.
SANDUSDT produced 3 green weeks in January and the March correction ended in a perfect hammer candlestick pattern right above the 0.786 Fib. retracement level, bullish signals all across.
These signals can make a strong case for additional growth.
Invalidation only happens on a break and close below the Dec. 2022 low, any trading above this level and we can expect higher highs and higher lows.
Namaste.
Late December 2022 a low/bottom is hit and this is marked by the TD Sequential and also the bullish breakout that followed.
Notice that in early 2023 we had 3 strong sessions closing green.
In the entire bearish wave from November 2021 to December 2022 we never had this happen, maximum 2 sessions closing green and then off to new lows.
SANDUSDT produced 3 green weeks in January and the March correction ended in a perfect hammer candlestick pattern right above the 0.786 Fib. retracement level, bullish signals all across.
These signals can make a strong case for additional growth.
Invalidation only happens on a break and close below the Dec. 2022 low, any trading above this level and we can expect higher highs and higher lows.
Namaste.
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💥💥💥 Early 2025 Results (NEW)
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🏆 FREE Trade-Numbers
anandatrades.com
💥💥💥 Early 2025 Results (NEW)
t.me/masteranandatrades/6132
🏆 FREE Trade-Numbers
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🚨 You need PREMIUM trade-numbers to profit from Cryptocurrencies —Best timing & amazing results! 👉 lamatrades.com (Since 2017)
💥💥💥 Early 2025 Results (NEW)
t.me/masteranandatrades/6132
🏆 FREE Trade-Numbers
anandatrades.com
💥💥💥 Early 2025 Results (NEW)
t.me/masteranandatrades/6132
🏆 FREE Trade-Numbers
anandatrades.com
Powiązane publikacje
Wyłączenie odpowiedzialności
Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.