"SANDUSDT: Rising Wedge, Another Short Opportunity on Altcoins?"
Updated
Hello Fellow Stock Global Trader/Investor! Here's Technical Outlook on SANDUSDT
Chart Perspective
SANDUSDT has retested the multiple rejection area and formed a rising wedge. The breakout of the rising wedge pattern indicated a possible bearish bias ahead. The MACD Indicator made a death cross signifying a possible downside movement shortly.
All other explanations are presented on the chart.
The roadmap will be invalid after reaching the target/resistance area.
"Disclaimer: The outlook is only for educational purposes, not a recommendation to put a long or short position on the SANDUSDT"
Chart Perspective
SANDUSDT has retested the multiple rejection area and formed a rising wedge. The breakout of the rising wedge pattern indicated a possible bearish bias ahead. The MACD Indicator made a death cross signifying a possible downside movement shortly.
All other explanations are presented on the chart.
The roadmap will be invalid after reaching the target/resistance area.
"Disclaimer: The outlook is only for educational purposes, not a recommendation to put a long or short position on the SANDUSDT"
Note
Support The Channel by Smashing The Rocket Button and Follow Button!Note
Done Target 1, Will it hit the next target?Trade closed: target reached
Done Target 2, See ya in the next roadmap!
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