SAND Short/Mid Term Potentiali think that after it spent some time back down in the accumulation zone, it has the potential for a much greater upside. The LANDSALE is tomorrow, which adds to the fundamental reason for the recent rise, but i believe that there are some good technicals at play here as well. The measured move of the possible Inverted H.A.S. has most likely already been hit, but if we're able to break above the Red Zone and "flip" it, I see the project going much, much higher. I'm an investor in the actual project, And also a token holder since lower accumulation levels, and I believe this project, and the token itself, will do very well in the upcoming months and year.
SANUSD trade ideas
SANDUSD 25-200% Hi fellow traders.
Please check the original post on SANDBTC for detailed explanations
Looking at the hourly pattern there is a potential Bullish flag . Within this flag the next support line are RF-0.38 or 0.5. If the top of the channel breaks then it will try RF-0.23 again and head for RF-0.0 the historical peak (target1, 25% profit), and possibly Fibo- 1.27 (target 2, 60%).
WHAT ABOUT LONG TERM THEN?
If it manages to break the last historical peak then the targets are target 2 (60%) to target 5 (200%) depending on the future movments.