📈Should you buy SAND after such PUMP? Only after THIS!The SAND starts to PUMP after the good news about the project making +82%. I will explain to you next entry point which can give you at least +37%.
I marked ont the chart the growing volumes and sellers activity. At SAND peaks someone sold a lot of tockens and the columes confrimed it.
Now we have to see the liquidations volume to open a long trades. But why? This guys who bought at the top will be the fule for potential sall and when they will sell theit tockens it will be our time.
1. Draw the trendline and identify the squeeze.
2. Look for the huge liquidations at the volume. If you see the big volume after dump it will be additionall confirmation to you that retail traders will have been traped.
3. BTC should also rose with the alts. It will add additional strength to SAND.
Of course, if we return to the $0,81-0,88 value area a lot of traders with laverage will be liquidated and it`s a huge support area for the price. It means that price can easily bounce from this area.
The target for this movement is $1.29-1.34 value area (+34%).
If you still have a question write it down!
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P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
