This is my first post on TV, just trying to figure out where the price will go next.
I'm a big fan of SunContract and have been following this project for a long time now. Since there is a lot of noise in the price for shorter time frames, I chose the weekly chart to do my analysis. In this chart we can see a bullish divergence forming, meaning there is a high chance of a trend reversal. Also Stoch indicator in the oversold area, signalling a good zone for long entry.
DISCLAIMER: I'm not a professional trader, so don't blame me if this doesn't work out as planned.
I'm a big fan of SunContract and have been following this project for a long time now. Since there is a lot of noise in the price for shorter time frames, I chose the weekly chart to do my analysis. In this chart we can see a bullish divergence forming, meaning there is a high chance of a trend reversal. Also Stoch indicator in the oversold area, signalling a good zone for long entry.
DISCLAIMER: I'm not a professional trader, so don't blame me if this doesn't work out as planned.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.