Good morning to all traders,
we had discussed sand towards the end of November when I was expecting a good retracement to enter below $5.
I think that moment has arrived since we are in a descending channel with various support zones, the first of which is around 4.60 usd but it is not certain that it will hold. As always I will behave accordingly waiting for a...
In weekly Price its showing bearish momentum
IN 4H Price its stuck in a Ranging market for almost 3 weeks.
If price can broke the strong support (1,5250)
Then structure its confirmed for a downtrend
price target (1,48000).
We broke the Last structure of uptrend LL (27 March)
We Also we've formed a Head n' Shoulder
Now we're still in a downtrend price did a pullback (1,08160)
In monthly , weekly , daily , We're in a bearish structure.
