A while ago I made an analysis on SAND where I argued that SAND was likely to see a period of bullish recovery after dumping for several months.
The bearish target was reached at $0.75, congratulations if you took the trade.
With my first target at $1.2 reached, we've confirmed a higher low and are on our way of making a new local high. If we can close the day above $1.2 I'd reckon we're going to continue the bullish trend and will soon see the $1.5 area reached.
What will happen after $1.5 will depend on Bitcoin. Ideally BTC will move back to >22k so SAND can make a move to $2.
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.