HansTradeAdvisory

Volumes building up on SAN

BITFINEX:SANUSD   None
As you guys will see from my preovious analysis when SAN was at 0.44c we are now awaiting the key market trend moving forwards as to wether to remain long or short on SAN.

Modest traders gave the ETF decision a miss and sold into fiat and few have filled their portfolios to gain the potential upside due to the amount of times these ETFs have been declined.

I will be glad to see the back of them quite frankly either way, lets all remember that BTC the main leader in the market cannot be tamed by any human or group of governement bodies, so I am still doubtfull they will allow it purely because its out of their complete control.

With that being said for the time being my outlook is to keep funds in fiat value and trade the options exposure based on the market news.

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.