SAND/USDT : Huge sell signal is about to trigger !

26 Nis 2022

SANDUSDT
Hello everyone 😃
Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it!

SAND has formed a Flat bottom triangle and now it has reached the bottom's support zone.
The formed demand here has held the pair four times and now it's the fifth attempt of break.
Based on five break-out attempts; There's a high chance for bears to take the lead below the local demand.

- Also two bullish trendlines are located right below the current rate of market price:

Based on the chart above, If we get the closings below the demand zone, Then it's more likely for bulls to lose their bullish trendlines neither...

This can become a great opportunity to locate our Short on a proper retest of the broken demand zone or the broken trend zone/line!
This idea comes with a clear Short Setup :

Trading setup :
🔻 Entry Pointes : $2.562 ( On Retest after daily closings below )
📍Targets : $2.25 - $2.00 - $1.75 - $1.44
🟥 Overall stop-loss : $2.9 ( Daily closing above )

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Attention: this isn't financial advice we are just trying to help people with their vision.

Have a good day!
Helical_Trades