SAND LONG Cup and Handle

٢٥ نوفمبر ٢٠٢٣

Please see trade for information. Potential cup and handle pattern and breaking downtrend. Would trade after confirmation of the broken downtrend on re-test and for more conservative trade on break of neckline for cup and handle formation. Would love some feedback as I'm new to TA, thanks.

٢٥ نوفمبر ٢٠٢٣

ملاحظة

Should slightly re-trace to test downward trendline. Also, if it break downward trendline and continues down, it looks like support around .32 - .33 with potential for inverse head and shoulders. I am only buying on downward trendline re-test and support, thanks

٦ ديسمبر ٢٠٢٣

ملاحظة

Almost at the neckline, already tested resistance there, get ready!

٦ ديسمبر ٢٠٢٣

ملاحظة

I would be going by daily, so we could be ranging for a while, it's not like this would happen in minutes or hours, but you never know. Last candle looks like it will retrace a bit on the daily.

٧ ديسمبر ٢٠٢٣

ملاحظة

Really this is an inverse head and shoulder/cup and handle, check out chiliz too, same things, both at neckline now

٨ ديسمبر ٢٠٢٣

ملاحظة

it's broken the neckline and live

١٣ ديسمبر ٢٠٢٣

ملاحظة

broke back down below neckline, but didn't close, it will go with BTC like so many other alts, which IMO is down