The#SATSchart highlights a descending triangle pattern with a solid horizontal green support area – a critical level where price has repeatedly bounced. While this pattern often signals continuation, an upside break above the descending resistance trendline could mark the beginning of a trend reversal.
Aggressive Entry: Buy at the Current Price.
Conservative Entry: Buy into the green support zone to maximize potential or enter on a confirmed breakout of the downtrend line to resistance.
Often indicates continuation, and an upward break above a descending resistance trend line may mark the beginning of a trend reversal.
Aggressive Entry: Buy at the Current Price.
Conservatives entry:
buy green
Support area for maximum potential or entry after a confirmed breakout to the downside.