SAND LONG Cup and Handle

25 Nov 2023

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.

25 Nov 2023

Catatan

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

6 Des 2023

Catatan

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

6 Des 2023

Catatan

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.

7 Des 2023

Catatan

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

8 Des 2023

Catatan

it's broken the neckline and live

13 Des 2023

Catatan

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