SAND/BTC (Trading at Major Support Area)

BINANCE: SANDBTC


-SAND retest previous support a 379 sat, a reaction bounce but rejected by trendline resistance
-The Bulls must defend the major support around 380 sat in the short term
-Falling wedges are reversal patterns most of the time
-SAND is showing some interest on the Buyers side as the price is back at the demand zone
-But until the pattern is broken to the upside, it can see go lower
-So I recommend to Buy the breakout confirmation or wait for a pullback
-If you are looking for an aggressive entry, please make sure you have a tight stop loss in place




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