angad2797

A SHORT TRADE FORMING IN SAND FOR INTRADAY LEVELS

Short
BINANCE:SANDUSDT   SAND / TetherUS
By the looks of it, SANDUSDT is forming a good trap for buyers. If everyhting goes my way, then I think that we might see a false breakout of the current resistance level at 30 min timeframe, makes a bullish candle in order to trap buyers to enter a LONG position.But the problem is that there is a continuing resistance trendline which started from 9th March. What I think is that SAND will take resistance from there and I am planning of entering a short trade whenever the right time comes and with a decent Stop Loss.

If u can relate to my planning, then please Like, share and follow my channel. (NOT A FINANCIAL ADVISOR)
THANKS (:
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