SAND COIN PRICE ANALYSIS AND POSSIBLE TRADE SETUPS !!NYSE:SAND Coin Short term Updates and Possible Move!!
• Right now price testing its strong weekly resistant and with indicators its look in over bought zone✅
1st scenerio : Direct drop expected 🩸
2nd scenerio : price will test 0.95$-1$ and then get rejected.. If its happen i will look for future short trade✅
Both scenario will be invalid if its successfully break its weekly resistance✅
Sandcrypto
$SAND What's Next?Morning Everyone! 😃
I decided to post some Alt Coins to show you some of the stronger ones that I'm personally trading.
The first Alt Coin I would like to look at is The Sandbox $SAND .
In case you are not familiar with it, on the left you can find some basic fundamentals .
Bitcoin Influence:
Here we see BITCOIN and the local support/resistance areas:
As you can see I marked some levels (A,B,C) those are the support levels that could dictate where SAND is headed to next.
For example if BTC loses the support in area A, SAND will likely also lose support A, etc.
Resistance:
As far as Resistance levels go, if BTC can clear the 39K-40k area we can see SAND go to our first targets (1,2) at around 5,2$-5.5$.
I would like to add that this is only for educational purpose and in no way a guarantee that it will play out this way, nor is this or are any of my posts financial advice.
As always, A BIG THANK YOU for stopping by, I hope you liked my post! If you did, please take a second to drop a like or comment, every engagement puts a smile on my face, but also helps me to get my ideas out to many more of you guys! 😃🙏
Happy Trading ✌♥📈