SAND accumulation and head and shoulders inversion
SAND appears to be showing a inverted head and shoulder pattern this could suggest that we are done the accumulation after the last ATH / breakout test.
The last time that SAND show a significant pattern that was easily identified it did produce a very dramatic break out. Could the market now be satisfied with their holding in sand or will sand further push upwards.
with news of the possibilities of more growth in the gaming sector for meta based games, there is a possibility that sand will climb upwards to 10.00 and then exhaust again, I will look at further TA when the break out starts establishing to see if I can find a reasonable exit price range.
The last time that SAND show a significant pattern that was easily identified it did produce a very dramatic break out. Could the market now be satisfied with their holding in sand or will sand further push upwards.
with news of the possibilities of more growth in the gaming sector for meta based games, there is a possibility that sand will climb upwards to 10.00 and then exhaust again, I will look at further TA when the break out starts establishing to see if I can find a reasonable exit price range.
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