SAND Technical Analysis: The Chance Of The Fall Continuation Remains High

Fall by 65%, broken global growth trend, test of $1 mark.- the three major SAND sellers achievements in just one month. Interestingly, all these global strategic victories were realized by sellers with low trading volumes. The trigger for a powerful fall wave was breaking the $2.54 mark. In the previous article we talked about this mark. However, the positive mood of the cryptocurrency market allowed us to see only the probability of a false break of $2.54 and a return of the price within the consolidation limits. https://www.tradingview.com/x/6gFWt74e/ The BTC price fall below local lows in June 2021 played an important role in SAND pricing. However, the main question is if there is a great prospect of SANDUSDT price fall without local corrections. The main range from which you can try to buy SAND is $0.8. It is in this mark that you can place limit purchase orders and watch closely as the SAND price jumps up. It is by the nature of the rebound and yoga magnitude, you can decide whether to keep gained position. Technical Analysis Of SAND On The Daily Timeframe https://www.tradingview.com/x/WOcOUdB4/ Analyzing the movement of the SAND price on the daily timeframes, you can see that buyers are busy. During the daily candle from 13 May, buyers were able to absorb the previous daily candle. This is a remarkable achievement, given that trade on 12 May was abnormally high. Absorption of the entire offer of sellers indicates the wil...