It took a little over 3 months for savvy investors or just traders of the SANDUSDT pair to increase the value of the SAND token tenfold
Our previous idea indicated the ideal buy zone of $0.33-0.35 (the low was $0.36) After that there was a long position accumulation, and a pamp for the last week, where our target was $2.30 was only intermediate.
This has already happened, the other question is, what can expect us in the future?
We assume there will be a final sell-off in the $3.30-3.77 area and now is not the best time to buy token of the Sandbox platform
Ideally, sellers and buyers need to compete again in the $0.80-0.90 zone — who is stronger. Earlier, the sellers in this zone held off the buyers' upward attacks 5 times. Now it's the buyers' turn to show their strength and to show willingness to continue growing.
Maybe, the corrective fall will finish a little earlier, around $1.20 and a new upside wave will start from there.
And the targets for growth of SANDUSD are still smeared, but high enough — $7.60-12. _____________________ Since 2016, we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
@P_S_trade,When a new coin reach ATH; How do you predict the highest price point that people plan to sell. Because we don't have historical data on All time high. Example in here you predicted 3.3. Thank you