The Sandbox SANDUSDT price has a chance to form "Inverted H & S"

P_S_trade Updated   
WHITEBIT:SANDUSDT   The Sandbox / Tether US
It is very likely that the SAND token price of the once quite popular The Sandbox project is now close to the low of this protracted downtrend.

Looking at the global chart of SANDUSDT, it is safe to say that the price range of $0.38 - $0.45 is a tasty zone for placing buy orders with a grid. Of course, if you believe in this project and see future prospects in it and in the gaming crypto world in general.

The first target for the possible growth of the SANDUSD price is $1-1.20 (x3-x4 growth)
In the longer term, if and when the crypto market comes to life, we can think about the SAND price in the range of $2.50-3.50.
It is in this liquidity zone that the target of the probable "Inverted Head and Shoulders" pattern falls.

More precisely, the final growth target can be calculated when the formation of this pattern is finally confirmed.
Then we will update the idea of SANDUSDT with more specific targets for the final growth.

Did you like our analysis? Leave a comment, like, and follow to get more
Trade active

Register on a European crypto exchange WhiteBIT - bit.ly/3DwPCKk 🔥

💲Copy trading:💲
🔥BINANCE - cutt.ly/gN2rb9S
🔥Bybit - cutt.ly/MN2rPPM

❗️❗️❗️Telegram: cutt.ly/3N2rB4K

🔥YOUTUBE: cutt.ly/J02cNFC 🔥

Related Ideas


The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.