FieryTrading

🔥 SAND Bearish Target Reached: Bounce Expected?

Длинная
BINANCE:SANDUSDT   SAND / TetherUS
Around a month ago I made an analysis on SAND where I discussed how the SAND chart made me think of the Bitcoin bear-market fractal in 2018-2019, see below for more info.


After making that analysis, SAND dumped well over 40%. In my view, this could potentially be the bottom for a while. We've been dumping for 6 months straight, with most alts losing 90%-95% of their values in the process. A bounce is due.

Short-term targets are placed at recent highs and lows.

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