SAM has recently seen a decline in price from the $1300s down to the $650s. It’s starting to look like it may have found it’s general floor area and would be looking to bounce.Looking at the 4hr, we may be able to expect a tiny bit lower off the bat at opening allowing for an entrance coming at $654. With the increased volume recently and further partnership news and product release we may be able to expect upwards of 61.8% if not 100% retracement, but it would be advised to take profits & adjust your stops along the way. On the daily momentum is about to flip bullish and RSI is near bottom, which bot support the bullish claim.
* This Content is for informational purposes only, you should not construe any such information or other material as investment, financial, or other advice.
Trade attivo
Got picked up @ 653.18 as the 4hr candle came back up through the target line.
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.