The Sandbox (SANDUSDT) hit its All-Time High back in November 2021. From this high so far we've seen pure red and a total of -95.58%... Isn't that enough?
Well I did mention that altcoins vs tether (ALTSUSDT) pairs tend to correct 93, 95 and to up 98%... But the 98% happen for the unknown altcoins.
Big projects such as this one tend to stop at around what we see now!
The BTC pair, which we will look at next, will have less than 90% as mentioned in the MANABTC trade idea.
The TD Sequential is giving us a signal... Lovely I know. The perfect negative 8 and 9, shows up when a trend is about to reach its end.
Can you see the magic green arrow?
That's what we can expect in the weeks and months to come.
But what about the FED, Covid, FTX and all the rest?
They will continue living. The press will continue printing negative headlines. When it is very late in the cycle, they will start to change their tune.
We are a bit ahead because we are reading charts. They are reading what other people have to say.
Do not worry about such things as headlines and news from commentators... The charts have all the information you need and we use them to trade.
- If SANDBTC goes below 0.3750, we close whatever buy at a loss. ❌ - If SANDBTC stays above this level, we wait for prices to move up. ✅ - As SANDBTC moves up, we sell and collect profits, that's all. 🏆
If it goes down, it is a loss. If it goes up, we won.
Low limited/calculated risk (17%) with high potential for rewards (380-620%+).
Disclaimer: This is not financial advice. For this to be financial advice you have to pay me and I would have to be a financial advisor. Unless you pay me for advising you financially, I cannot be providing you with financial advice.
I am just reading the chart and sharing what I see, together with my opinion and experience and I hope you enjoy it! 😅😄