$SAND : BULLISH MARKET ON THE WAY!!
HELLO GUYS
SAND trend shifted from a downtrend to a sideways trend about a month ago, swinging within a sideways channel.
Today it is trading at the bottom of the channel at the support area, and if it fluctuates, it is likely to breach the descending trend line, heading towards the resistance line of the channel, and then we have a DOUBLE BOTTOM!!!, a pattern that predicts a strong rise in most cases.
RIGHT?
SAND trend shifted from a downtrend to a sideways trend about a month ago, swinging within a sideways channel.
Today it is trading at the bottom of the channel at the support area, and if it fluctuates, it is likely to breach the descending trend line, heading towards the resistance line of the channel, and then we have a DOUBLE BOTTOM!!!, a pattern that predicts a strong rise in most cases.
RIGHT?
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.