#SAND/USDT SAND broke out from falling wedge pattern, and have a sideways move between support zone around $0.76 and resistance zone around $1.5.
now price is at support zone which is the same with long-term ascending trend line.
🐮 holding this zone as support will increase price to resistance zone which is the same with descending trend line and breaking out this zone will increase price toward +$3.
👌🏻 so current price has a great R/R to enter.
🐻 break down from support zone will drop price to descending trend line and I think it will take time to survive from this drowning.
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.