✴️ SAND Will Grow Or More Correction? (200-400% Potential)
The bear-market for SANDUSDT is the clear descending channel you can see drawn on the left side of this chart.
Late December 2022 a low/bottom is hit and this is marked by the TD Sequential and also the bullish breakout that followed.
Notice that in early 2023 we had 3 strong sessions closing green.
In the entire bearish wave from November 2021 to December 2022 we never had this happen, maximum 2 sessions closing green and then off to new lows.
SANDUSDT produced 3 green weeks in January and the March correction ended in a perfect hammer candlestick pattern right above the 0.786 Fib. retracement level, bullish signals all across.
These signals can make a strong case for additional growth.
Invalidation only happens on a break and close below the Dec. 2022 low, any trading above this level and we can expect higher highs and higher lows.
Namaste.
Late December 2022 a low/bottom is hit and this is marked by the TD Sequential and also the bullish breakout that followed.
Notice that in early 2023 we had 3 strong sessions closing green.
In the entire bearish wave from November 2021 to December 2022 we never had this happen, maximum 2 sessions closing green and then off to new lows.
SANDUSDT produced 3 green weeks in January and the March correction ended in a perfect hammer candlestick pattern right above the 0.786 Fib. retracement level, bullish signals all across.
These signals can make a strong case for additional growth.
Invalidation only happens on a break and close below the Dec. 2022 low, any trading above this level and we can expect higher highs and higher lows.
Namaste.
🔥 PREMIUM Trade-Numbers (6-In-1 Offer Live!)
lamatrades.com (Since 2017)
🔝 Daily Cryptocurrency Technical Analysis
followalan.com
🚨 Free PREMIUM Trade-Numbers
alansantanatrades.com
lamatrades.com (Since 2017)
🔝 Daily Cryptocurrency Technical Analysis
followalan.com
🚨 Free PREMIUM Trade-Numbers
alansantanatrades.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.