Over the course of two months now, SAND has created a massive triangle.
During the most recent BTC sell-off, SAND has hit the support line of the channel and bounced off from it, potentially signaling a continuation of the pattern.
Be aware that this pattern is susceptible to BTC's performance. If BTC decides to drop sharply, SAND will naturally follow.
Happy trading!
During the most recent BTC sell-off, SAND has hit the support line of the channel and bounced off from it, potentially signaling a continuation of the pattern.
Be aware that this pattern is susceptible to BTC's performance. If BTC decides to drop sharply, SAND will naturally follow.
Happy trading!