Hi!
posting again after a long time. wanted to share this SAND/USD weekly chart, all time.
Big opportunity here:
SAND is currently struggling with main weekly MAs.
At a price of 0.3590$ at the time of writing, we have some outstanding targets:
Seems a solid investment for medium term. Also trading it is great, consider main MAs and listed targets as a reference.
Cheers,
And100
posting again after a long time. wanted to share this SAND/USD weekly chart, all time.
Big opportunity here:
- 3 years long descending wedge
- breakout with huge volume
- retest of the wedge and bounce (current week)
- RSI printing a higher low while price printing a double bottom
- MACD cross
SAND is currently struggling with main weekly MAs.
At a price of 0.3590$ at the time of writing, we have some outstanding targets:
- 1.00$ first big resistance (around 200% profit)
- 2.50$ second main resistance (600%+ profit)
- 8.00$ crazy target of the multi-year wedge (needs some months, in case we are looking at the previous ATH - 2200% profit).
Seems a solid investment for medium term. Also trading it is great, consider main MAs and listed targets as a reference.
Cheers,
And100
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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.