SAND price has come back to the lower trend of this ascending channel.
showing 2 possible scenarios based on the daily chart.
Bearish scenario if Sand has done it's run and will complete this larger ABC correction.
Bullish scenario if price is only at the beginning of wave 3 of 5.
As always, good opportunity here for a long provided risk is managed with an appropriate invalidation point.
showing 2 possible scenarios based on the daily chart.
Bearish scenario if Sand has done it's run and will complete this larger ABC correction.
Bullish scenario if price is only at the beginning of wave 3 of 5.
As always, good opportunity here for a long provided risk is managed with an appropriate invalidation point.
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Telegram: t.me/theNinjasDojo
TV Referral link: tradingview.com/pricing/?share_your_love=jod45m
TV Referral link: tradingview.com/pricing/?share_your_love=jod45m
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.