TradingView
poplach
Dec 2, 2021 5:11 PM

Sand is weak, a huge chance of going down Short

SAND / TetherUSBinance

Description

Sand recently was pumped a lot, which means it needs a good healthy correction.
On the daily it's about to start correction, which shows with a huge volume at high.

The main targets are shown at the chart, Sand could bounce from each of them, creating correction.

I expect it to go at least -60% from this point.

However best entry is at squeezing down the trendline.

Comment

Sand will continue falling.
The weakness is on its volume - recently high volume at highs and almost no volume while falling down.
That means it should go deeper to find support with bigger volume.
Comments
ca2vid
sl hahaha
poplach
@ca2vid,Yup, SL hunt is hard to predict. But as I wrote in the description, the best entry is at squeezing down the trendline
cicada021
Sand is Weak ?? 😳
X1nf0o
@cicada021, yah its a joke
poplach
@cicada021, yes, it is
Arjf_z
Realy?😂
poplach
@Arjf_z, Why not? you think it makes another x200 ?
Hyper420
@poplach believe in meta
poplach
@Hyper420, I believe in Doge :)
bashirgalir
@poplach, I believe in Elliott :)
More