SANDUSDTSAND ~ 1W
#SAND If you still have Conviction on this coin,. This support block would be a very good buy for now.
Sandusdttrade
SANDUSDT 1WSAND ~ 1W
#SAND Double Bottom-up will be formed here. all you need to pay attention to is that BITSTAMP:BTCUSD is not decreasing again. then this pattern will be a continuous increase.
SAND/USDT AnalysisSAND has recently surged, breaking free from its weekly downward trend and presenting a significant growth potential in the upcoming period. There is an opportunity for a potential 5x increase. Key targets include $0.7, $1.3, and $2.6.
SAND target 0.564h time frame
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SAND is creating a potential bottom head and shoulders, the right shoulder hasn't been formed yet. Currently, 0.37 achieve the condition of HS, but shall notice another possibility that SAND go back to 0.35 to make the low of right shoulder.
I will provide another trading plan if SAND reach 0.35, and now we can follow this plan which targets as below.
TP: 0.56 / 0.66
SL: 0.381
SANDUSDT relevant support and resistance levelsThe price bounced from weekly support WS1 and head towards 4h resistance 4HR1. From there it was rejected and pulled back. It seems logical that the price will visit the daily support again before attempting the 4h resistance 4HR1 again. Anyways, a long is favorable from daily support if the price reaches there. Overall all the relevant supports and resistances are marked and the principle remains same: long the support and short the resistance.
