SpartaBTC

SAND/USDT Secondary trend. Wedge.

SpartaBTC Updated   
BINANCE:SANDUSDT   SAND / TetherUS
Deadline 1 day. Logo diagram. Secondary trend forming a wedge. The price of his resistance.
The percentage for medium-term work until August 4 is shown in the chart.

Coin in the coin market: SAND

The reversal zones and the main levels on which the development of the trend will depend, I showed on the chart.

Everything is the same, but on a line chart (trend direction).


I want to note that the price of excess profits has been in the main trend since the beginning of trading, the coin is quite fresh.
If the mirror level of the “wedge support” (gray zone) is broken, then a huge potential for short-term work opens up. But at the moment I'm working with a wedge.


Observe risk management in your work, and it is very important - limit potential losses with the help of a stop loss, this is very important for such excess profits. But, do not be greedy, take into account the intraday volatility of the trading instrument.

The main trend of this cryptocurrency.
SAND/USDT Main trend.
Comment:
The price is further held at the wedge resistance.

You need to be aware of this when trading SAND—Pre-Exchange sell-offs:

There were token safeties (pre-exchange placements) of 3 pieces.
Profits on token seals to the current price (rounded for easy understanding):

1) 0,0083$ 15 000%
2) 0,0050$ 25 000%
3) 0,0036$ 35 000%

$1.18 Now Price.

Unlocking coins every 6 months.

When the market “shuts down” this coin at super profits can give tremendous potential in shorts. Including fantastic, judging by the entry price of early investors. You probably realize that every coin unblock drains into the market no matter the price, since any price is a super profit.

The timing and number of coins (the whole point) are designed so that there is no significant impact on price when the market is stable.

As I described and showed earlier, at this point it is possible to work locally and pull out movements, necessarily limiting losses. Right now, the price is under the resistance of the wedge. I have shown a local potential work.
Comment:
A local ascending triangle has formed in the resistance zone of the level of 1.3144. There is a breakdown of its resistance. Target zones and important local support/resistance levels on the chart.

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