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SAND

SAND - Daily Chart ✅Let's see how SAND is behaving. This is a 1H chart. (Valid for 24 hours) The Fib retracement shows that the price has pumped and now is retesting a resistance level. The market is showing SELL volumes for SAND. Two resistance levels push down on value, and two support levels hold the price high and show strength. The higher band can work as resistance. The upper Bollinger Band can push down the value, and the middle band pushes the price up. If the price crosses the local resistance and stays above it for confirmation, we can open our long positions, aim for the next resistance, and use it as a TP point. The RSI shows that SAND is above the 50 levels, the center. If you want to know how the RSI indicator works, take a look at this Educational Idea. It'll help you have better readings: Current Market Price: $4.90867 Let me know your ideas. Good luck.
by ShawnMCR
1
SAND - Daily Chart ✅Let's see how SAND is behaving. This is a 1D chart. The Fib retracement shows that the price had a dump and got corrected to a new support area. The market is showing NEUTRAL volumes for SAND. We might see more consolidations coming for now. Two resistance levels push down on value, and two support levels hold the price high and show strength. The higher band can work as resistance. The middle Bollinger Band can push down the value, and the lower band pushes the price up. If the price crosses the local resistance and stays above it for confirmation, we can open our long positions, aim for the next resistance, and use it as a TP point. The RSI shows that SAND is below the 50 levels, the center. If you want to know how the RSI indicator works, take a look at this Educational Idea. It'll help you have better readings: Current Market Price: $4.62 Let me know your ideas. Good luck.
by ShawnMCR
1
SAND looks interesting hereSAND is currently holding on to it's bull trend against BTC. We're currently testing support at the 50 EMA and we just had bullish divergence on the 4-hour chart. This makes me moderately confident that the bullishness will continue, at least in the short run. Will it have enough momentum to break resistance? I think there's a decent chance. This isn't my ideal entry, but I'm considering a small long here. ---------------------------------------------------------------- These are my personal views and not financial advice. Please do your own research before investing. I'd love to hear your thoughts, ideas and feedback. Feel free to Comment and I'll try and get back to you quickly. If you appreciated this analysis, consider Liking or Following . Thanks!
Long
by mercury_rising
SAND - Daily Chart ✅Let's see how SAND is behaving. This is a 1H chart. (Valid for 24 hours) The Fib retracement shows that the price had a dump and got corrected to a new support area, and now it's retesting the local resistance. The market is showing SELL volumes for SAND. Two resistance levels push down on value, and two support levels hold the price high and show strength. The higher band can work as resistance. The middle Bollinger Band can push down the value, and the lower band pushes the price up. If the price crosses the local resistance and stays above it for confirmation, we can open our long positions, aim for the next resistance, and use it as a TP point. The RSI shows that SAND is below the 50 levels, the center. If you want to know how the RSI indicator works, take a look at this Educational Idea. It'll help you have better readings: Current Market Price: $4.8548 Let me know your ideas. Good luck.
by ShawnMCR
1
SAND - Daily Chart ✅Let's see how SAND is behaving. This is a 1H chart. (Valid for 24 hours) The Fib retracement shows that the price is getting rejected by the local resistance area. The market is showing SELL/NEUTRAL volumes for SAND. Two resistance levels push down on value, and two support levels hold the price high and show strength. The higher band can work as resistance. The middle Bollinger Band can push down the value, and the lower band pushes the price up. If the price crosses the local resistance and stays above it for confirmation, we can open our long positions, aim for the next resistance, and use it as a TP point. The RSI shows that SAND is below the 50 levels, the center. If you want to know how the RSI indicator works, take a look at this Educational Idea. It'll help you have better readings: Current Market Price: $5.48926 Let me know your ideas. Good luck.
by ShawnMCR
2