Sandbox (SAND)
Updated
After completing its 5th upward impulse wave, Sand entered a corrective phase and now it seems finished. Price broke the downtrend line; have to wait and see if price can break the horizontal resistance area too or not. Let's see what happens.
Note
It seems SAND has started an upward wave after breaking the downtrend line.
Note
So, SAND on its way up. It seems a Head and Shoulders pattern is formed; breaking the neckline confirm the reversal. Let's see what happens.
Note
So, it seems SAND is moving in a descending channel, a gentle one. SAND went down and touched the channel's bottom, and now trying to break the minor downtrend line. Let's see if SAND can reach the channel's upper line or not.
Note
So, SAND broke the minor downtrend line and is going up. Let's see what happens.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.