$SANTOS 3 possible Long scenarios for next week!
(Just to clarify: I don't know what will happen, but I'm preparing for different scenarios.)
Scenario #1: Simple Correction
In previous messages, I indicated that the range of $3.2 - $3.6 is appropriate.
This means that entering this range will achieve the market maker's targets, leading to a continuation of the downward movement to $2.2 - $2.0 for support confirmation.
(Reminder: on futures, there are $800k open buy orders in the range of $2.1 - $2.0.)
Scenario #2: Moderately Optimistic
- Level $3.5 — the nearest strong resistance.
- Level $5 — the next important resistance.
- A pump to $4.4 and $5.9 is possible, respectively.
This means that upon reaching these levels, a price drop of 50-60% is likely, approximately to $3.5 - $3.0.
Scenario #3: Excessively Optimistic
#ToTheMoon🌕 at $10 - $12. However, such scenarios are rare and require a major event.
This means that while I hope for a miracle, the probability is low.
In conclusion
What will actually happen, I of course do not know. However, if there is a pump next week, I am prepared for 3 scenarios of events.
What prices do you expect next week?
Write in the comments!
