Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
SAND is sitting around a strong demand zone in green so we will be looking for buy setups.
on DAILY: SAND formed a valid symmetrical triangle but it is not ready to go yet.
Trigger => Waiting for a momentum candle close above the last high in gray to buy.
Meanwhile, until the buy is activated, SAND would be overall bearish and can still trade lower inside or even break the green demand downward.
In this case, we will be looking for buy setups around the blue demand zone.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
SAND is sitting around a strong demand zone in green so we will be looking for buy setups.
on DAILY: SAND formed a valid symmetrical triangle but it is not ready to go yet.
Trigger => Waiting for a momentum candle close above the last high in gray to buy.
Meanwhile, until the buy is activated, SAND would be overall bearish and can still trade lower inside or even break the green demand downward.
In this case, we will be looking for buy setups around the blue demand zone.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
This analysis is done using RichTL
www.RichTL.com
My Telegram Channel
www.t.me/thesignalyst
Buy CRGPT on Uniswap
cutt.ly/CRGPT
www.RichTL.com
My Telegram Channel
www.t.me/thesignalyst
Buy CRGPT on Uniswap
cutt.ly/CRGPT