Let’s talk about the SNDK big-level triangular pattern.
Last month, I mentioned the logic behind a large triangle consolidation, and now the chart pattern is becoming increasingly complete. The three probes’ positions are right in front of us—this often means the short-term trading range is about to come to an end.
In structures at this big level, the first round of rebounds and the subsequent shakeout are usually the most intense; then volatility gradually tightens. Since the bigger direction is still taking shape, don’t churn your chips away inside the range.
Stay patient, put risk control first, and wait for the market to choose a direction.
Wishing everyone smooth trades today.
#SNDK #personal review #crypto market #trading thoughts $SNDK
Last month, I mentioned the logic behind a large triangle consolidation, and now the chart pattern is becoming increasingly complete. The three probes’ positions are right in front of us—this often means the short-term trading range is about to come to an end.
In structures at this big level, the first round of rebounds and the subsequent shakeout are usually the most intense; then volatility gradually tightens. Since the bigger direction is still taking shape, don’t churn your chips away inside the range.
Stay patient, put risk control first, and wait for the market to choose a direction.
Wishing everyone smooth trades today.
#SNDK #personal review #crypto market #trading thoughts $SNDK