SANDUSDTSAND ~ 1W
#SAND We think this key support will start to be retested. If this support block is strong enough to hold the price,. then the price will bounce off this support block.
We will update if plans change to this Chart.
Sandusdsignals
SANDUSD 1WSAND ~ 1W
#SAND The H&S pattern is formed from this.
Make purchases in stages with a target of at least 20%+ from here.
SANDUSD Double Bottomed. Dynamics to keep in mind.Sandbox made yesterday a Double Bottom on the January 10 Low. So did the RSI on the 1D time-frame. Last time we saw Double Bottoms both on the price action and the RSI was on September 28 2021. That was the last low before the October-November rally started. A break above the 1D MA50 (blue trend-line) should be the confirmation.
If however SAND breaks lower, it should seek the bottom of the long-term Channel Up that started on January 2021 (Fibonaccis used).
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