A long term analysis of SATSUSDSATSUSD is clearly in a down trend. The last uptrend line has been broken. Currently, the SATSUSD is consolidating in this channel and soon price is likely to go down more. Wait for the breakout of the channel in the red zone. Look at the SATSUSD on the Pine table containing more indicators for further analysis.
SATSUSD
Trend analysis of SATSUSD by Dow theoryFor SATSUSD, as the last Higher Low has been broken on the weekly timeframe, we can say that it is a clear sign of the trend reversal. I am expecting that there will be more downward pressure for the price action at important Fib levels, creating new Lower Highs and Lower Lows.