BringTheFingerBack

Don't get caught playing in the sandbox

Short
KRAKEN:SANDBTC   SAND / Bitcoin
Descending channel on the daily chart with 50 day MA touching top of channel just as trend entering the ichimoku cloud. If you look back along the channel both times the ich cloud has been entered it has lead to a further move downwards. With the macro looking pretty bad with the SEC going after the whole crypto market except bitcoin. No resistance plus a rising BTC dominance may mean sand has a low way to drop over the next few months. As always not financial advise, so its not.
Comment:
Looking good so far, bounce of the top of the channel before dropping through the ICH cloud. Expect to see it fall further in the coming weeks and bitcoin dominance starts to rise. SEC just decalred everything in the crypto world as a security minus bitcoin.
Comment:
looks to be playing out well so far.
Comment:
Genius mode activated, now i just have to market myself as the latest crypto guru and shill a bunch of pump and dump shitcoins for a low fee. PDF coming soon on how to guess right 50% of the time, all of the time
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