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SAND / TetherUS

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SANDUSDT trade ideas

SANDUSDTHello Crypto Lovers, Mars Signals team wishes you high profits. This is a one-day-time frame analysis for SANDUSDT In this chart, R3 and R2 are our resistance areas in which the unsuccessful triumphs of price is clearly seen. R1 used to be a support area. And at the bottom of the chart, we have S1 that is the long-term support line and expresses the support of price at different points. Presently, the price is fluctuating below R1 after being rejected several time by this area and we believe the price would give us two options. Either by giving us some rising signs after falling to S1, the expectation of an increase up to R1 and R2 is probable. These are the good points for saving your profits. Or the price is not supported and falls below S1 and faces a decline to lower amounts via receiving some confirmation candles in order to fall. Note that it is recommended to wait for the price to reach S1 and then put their trade orders; for those who are seeking higher risks. In case you are interested in experiencing profitable trades and wise actions in your analyses, we have several points and tips in our updates. Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Wish you luck
Long
by MarsSignals
10
✴️ SAND Will Grow Or More Correction? (200-400% Potential)The bear-market for SANDUSDT is the clear descending channel you can see drawn on the left side of this chart. Late December 2022 a low/bottom is hit and this is marked by the TD Sequential and also the bullish breakout that followed. Notice that in early 2023 we had 3 strong sessions closing green. In the entire bearish wave from November 2021 to December 2022 we never had this happen, maximum 2 sessions closing green and then off to new lows. SANDUSDT produced 3 green weeks in January and the March correction ended in a perfect hammer candlestick pattern right above the 0.786 Fib. retracement level, bullish signals all across. These signals can make a strong case for additional growth. Invalidation only happens on a break and close below the Dec. 2022 low, any trading above this level and we can expect higher highs and higher lows. Namaste.
Long
by AlanSantana
2