Overall market trend is bullish for SAND, and we should soon see a break above the daily high, however I have two set ups in mind that I am targetting. So I wont long from this point at the moment, I want to see price retrace into the 0.70 area of POI before I attempt to make a LONG position. However, I will see how it reacts to the 0.70 as around 0.58 area we have liquidity resting below the support line, so if we do reach around thoses areas I would expect price to break that support line before a big push up to 0.87+. Overall however; bullish.
Note
We could potentially go 87 first and then 70, however either way long-term very bullish.Note
Currently in accumulation zone around 0.78, may start looking for entries soon.Note
POI hit - looking to long from here.Note
THIS WENT INSANE!
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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.