AlanSantana

The Sandbox | Same As Polkadot (65%+ Potential Target)

Long
BINANCE:SANDUSDT   SAND / TetherUS
This is the second one of the two Altcoins, Polkadot (DOTUSDT) and The Sandbox (SANDUSDT).

The charts are very similar, almost identical.

For SANDUSDT, we do not have a bullish divergence on the RSI but the RSI is above 57, which is strong/bullish, even while a new low has been hit just days ago.
This is a strong bullish signal.

EMA21 is being challenged now as resistance while on the 30th of November SANDUSDT managed to break and stay above EMA10.

The law of alternation comes into play here when looking at the bottom pattern and the coming upwards correction.

The June/July low was V shapped, while this time it is rounded.

These signals can lead to higher prices.

The support level, light blue, can be used as the stop-loss.
The target is set above 65%.

Namaste.

🔝 Altcoins & Bitcoin Charts!
followalan.com

🚨 Free PREMIUM Trade-Numbers
alansantanatrades.com

🔥 New Lowest Pricing Ever ➖ Easy PREMIUM LIFETIME Access
lamatrades.com (Since 2017)
Disclaimer

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.