If you've followed my analyses for a while, you've most certainly seen that I've been watching this bullish channel for a while.
Last week, we saw a big green candle on SAND's chart once it touched the lower bound of the pattern. With BTC and stocks seeming more bullish, SAND might've very well bottomed. This would mean that the only way to go is up.
For the coming months, I'm expecting SAND to keep trading inside the bullish channel. Unsure if we can shoot up towards the top of the channel, but another shot at the all-time high is definitely in the cards.
Happy trading!
Last week, we saw a big green candle on SAND's chart once it touched the lower bound of the pattern. With BTC and stocks seeming more bullish, SAND might've very well bottomed. This would mean that the only way to go is up.
For the coming months, I'm expecting SAND to keep trading inside the bullish channel. Unsure if we can shoot up towards the top of the channel, but another shot at the all-time high is definitely in the cards.
Happy trading!
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