Long SANDUSDTBased on Elliot wave the 4th wave came down lower than wave 2 which voids the pattern, the next Elliot wave has taken place again and the second wave has retraced to fib 0.786 which happens to be EMA 100 as well, looking as a strong support specially that RSI is hitting 40 and is acting as a support from here on we expect the price to bounce back and ideally reach to fib extension 1.
NOT FINANCIAL ADVISE
Feel free to suggest or correct my TAs with your thoughts in the comments. and if you'd like more TAs please upvote.
Sandusdtlong
SANDUSDT Has Broken Above the Bearish Flag
Welcome back Traders, Investors, and Community!
Hi Traders, SANDUSDT on H1 has formed a Bearish Flag in an Uptrend and has broken above the Flag by large green candle, it might go down to 0.45756 before it continues higher.
⬆️Buy now or Buy at 0.45756
⭕️SL @ 0.38533
✅TP1 @ 0.54012
✅TP2 @ 0.58292
We will have more FREE forecasts in TradingView soon
❤️ Your Support is really appreciated!❤️
Have a Profitable Day
SANDUSDT Falling Wedge#SANDUSDT (4H CHART) Technical Analysis Update
Falling Wedge
SAND/USDT currently trading at $0.686
Buy-level: $0.67 -$0.70
Stop loss: Below $0.62
Target 1: $0.78
Target 2: $0.85
Target 3: $1.00
Target 4: $1.25
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts.