SAND is currently holding on to it's bull trend against BTC. We're currently testing support at the 50 EMA and we just had bullish divergence on the 4-hour chart. This makes me moderately confident that the bullishness will continue, at least in the short run. Will it have enough momentum to break resistance? I think there's a decent chance. This isn't my ideal entry, but I'm considering a small long here.
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These are my personal views and not financial advice. Please do your own research before investing.
I'd love to hear your thoughts, ideas and feedback. Feel free to Comment and I'll try and get back to you quickly.
If you appreciated this analysis, consider Liking or Following. Thanks!