I expect a local rebound to the 190-192 area and further decline to two liquid zones.
Perhaps there will be a rebound from 0.618, the first zone is about $ 100. But I also admit that there may be a squeeze to the second zone in the area of 67-75. This, in my opinion, would be the ideal buying area.
I think this or next week will be decisive for the asset. If this week we do not gain a foothold above the previous red candlestick (0.13253), then there is a high probability of going down to the liquid zone of about 0.094-0.083. If we can't hold out even there, we'll go even lower.
If we go up, then we need to watch the third top, if we break the rising wedge...
These target points on TOTAL3 appeared back in October and have not disappeared since then. I didn't believe that this could happen.
But given the latest dumps, I'm starting to believe it. I think we still have a shake-up.
I believe in Target1 by TOTAL3, I don’t believe in Target2. 🥶
Domination shows growth.
Be careful and take risks.
It is likely that BINANCE:SANDUSDT will follow the example of BINANCE:AXSUSDT . Will touch levels (-0.618 - 2.618)
Check out the attached idea for BINANCE:AXSUSDT .
There are also interesting observations from the previous growth in the number of bars and a roughly similar percentage.
Perhaps the next week will be corrective, and then we will go to the target...
AXSUSDT stopped near the levels of -0.618 and 2.618.
Check out the related idea for AXS attached below.
I assume that SAND intends to go to the same levels. The project is very cool!
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