Short
SDAO - Weak 0.382 Ratio = Continued Bearish Action

I dont have time to remember and update all my altcoin threads, TradingView is too disjointed for that.
But it does look like many altcoins such as SDAO are heading into another wave down and crypto as a whole; heading into a deeper correction.
Here it has printed a weak rally topping at the 0.382 retracement ratio of continuation.
There is a long term 0.618 that matches a 1:1 extension down at $0.36 and I think it might get there.
Not advice
But it does look like many altcoins such as SDAO are heading into another wave down and crypto as a whole; heading into a deeper correction.
Here it has printed a weak rally topping at the 0.382 retracement ratio of continuation.
There is a long term 0.618 that matches a 1:1 extension down at $0.36 and I think it might get there.
Not advice
Note
Heading to $0.35 in a hurry.Your FA guru can't read a chart💭
I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
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I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
Better than all the rest? My record speaks for itself 💡.
Telegram Group: $50 per month✨.
Contact: t.me/dRends35
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Your FA guru can't read a chart💭
I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
Better than all the rest? My record speaks for itself 💡.
Telegram Group: $50 per month✨.
Contact: t.me/dRends35
I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
Better than all the rest? My record speaks for itself 💡.
Telegram Group: $50 per month✨.
Contact: t.me/dRends35
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.