petro90

SAN. Consolidation in the triangle and fall

BITFINEX:SANUSD   Santiment / Dollar
In order for the SUN to start to grow as the ETP needs to break through the black trend line and strong price zone 1.15-1.20. This is the key zone for this coin. In the history it is visible, what were the volumes when this zone was punched by buyers or sellers. Looking at the current volumes, it is more likely that the SAN will break the triangle down and continue moving in the wedge .
If I am wrong - then when breaking the price zone of 1.15-1.20 there should be high volumes and buyers should keep the zone test by sellers. So far the wide range of trading in the triangle.
Comment:
consolidation is narrowing. It is better not to trade SUN now.
Comment:
SAN tried to break the bottom trend line. Let's look at the end of the day, as the day- candle will close. If the weekly candle closes below 0.9 - I'll wait for a san up to $ 0.6
Comment:
great short. San struck 0.9 $. I'm waiting 0.6 $
Comment:
SAN. After breaking the trend down the price will go down more aggressively.
Comment:
San falls on the plan. If someone in shorts - it is better to close part of the position.
Trade closed: target reached

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