SAND, double bottom support.
The following are machine translations:
In the 4-hour chart, on September 7, it stopped falling and rebounded at 0.85 and fell back after being blocked. It reached the previous stop at 0.85 yesterday and was supported. It is currently rebounding, and the current resistance is 0.9.
Indicators macd and RSI indicators for the rebound trend.
Summary: The pattern forms a double-bottom support, the indicator sees a rebound, and breaks through the 0.9 resistance to see 0.95. Grasp the long position near 0.85, and effectively fall below the 0.85 stop loss.
In the 4-hour chart, on September 7, it stopped falling and rebounded at 0.85 and fell back after being blocked. It reached the previous stop at 0.85 yesterday and was supported. It is currently rebounding, and the current resistance is 0.9.
Indicators macd and RSI indicators for the rebound trend.
Summary: The pattern forms a double-bottom support, the indicator sees a rebound, and breaks through the 0.9 resistance to see 0.95. Grasp the long position near 0.85, and effectively fall below the 0.85 stop loss.
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