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mapes2751
Nov 25, 2023 3:06 AM

SAND LONG Cup and Handle Long

The Sandbox / United States DollarCoinbase

Description

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.

Comment

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

Comment

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

Comment

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.

Comment

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

Comment

it's broken the neckline and live

Comment

broke back down below neckline, but didn't close, it will go with BTC like so many other alts, which IMO is down
Comments
spiritedMagpie48995
as predicted = 99 %
mapes2751
a
mapes2751
Almost at the neckline, already tested resistance there, get ready!
mapes2751
btc dumps, this does too
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