kingthies

SAND Outlook: Short term outlook and Support Levels in Play

Short
BINANCE:SANDUSD   SAND
SANDUSD
Keeping it short and simple for this analysis - SANDUSD currently experiencing bearish expansion on Bollinger bands through the lower TFs and appears to be re-testing bottom support @ the $4.30 in the coming days. Right now, price is sitting @ $4.60 and is bleeding down to lower levels with rest of crypto for the time being. If the $4.30 level does not hold, I'd be looking for sub $3.50 as the next potential entry level, and will plan accordingly in the event we see this.

ET

Eric Thies
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.