SANDLong
SANDUSD
Watching the daily chart on SANDUSD I can see that it broke out of a bullish pennant and the 1.618 level of fib.
Currently the price is retracing from the big green break out candle. It's possible that price comes back below the 1.618 fib or lower to retest the previous resistance.
2.618 of fib or $1.035 is the next major resistance level to look at. If that breaks it can reach the flagpole target of $1.24.
If it crashes. We can see price go back to $0.63-$0.53 levels.
Waiting to see if this bullish pennant plays out.
Currently the price is retracing from the big green break out candle. It's possible that price comes back below the 1.618 fib or lower to retest the previous resistance.
2.618 of fib or $1.035 is the next major resistance level to look at. If that breaks it can reach the flagpole target of $1.24.
If it crashes. We can see price go back to $0.63-$0.53 levels.
Waiting to see if this bullish pennant plays out.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.