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PhilosophersStone

SAND descending channel possible?

SAND / TetherUS (BINANCE:SANDUSDT)  
PhilosophersStone  
BINANCE:SANDUSDT   SAND / TetherUS
Parallel Channel Moving Averages SAND sandusdt trade scalp Descending Channel 20sma 200sma
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parallelchannel movingaverage sand sandusdt trade scalp descendingchannel 20sma 200sma
Will we see a breakout from this descending channel? Broke above 20sma and now we have horizontal resistance at 0,7501 and a second big and important one at 0,7795. Between them is now 200sma. So even if we can see volume increasing since 20sma breakout, it could take some time to break these resistance levels. Long entry under any of them is recommended only for scalp traders. SRSI is high and pullback is possible soon. Good luck traders
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