Lalafell

Lalafell

Correction after a pretty long run for SAND. It is at 4th wave (Correction wave) of Elliot Impulse Pattern currently at wave A of this correction wave. I think it can go lower 5.5 USDT in case of panic sell but it can go back up to as high as 9.0 - 11.8 USDT before the run is actually over.

Lalafell Updated 

After the FOMO in Nov 2017 it seem like the price will be going down to run in these old trendlines again. Anyway, it will be really strong bounce if it really hit 8000.

Lalafell

This is daily chart. As you can see that we have never break that upper trendline before and we barely have any volume right now I'm pretty sure that the price will drop after we hit that trendline. Anyway, without any bad news it is unlikely that the price will hit the bottom most trendline again. If you are long term holder you can just keep holding it but...

Lalafell

If it can stay above this trendline for some more hours and MACD cross each other the price should go to around 3850-3950 before challenge another trendline which the price target will be 4200-4400 after breaking that trendline. If thing goes wrong stop loss is at 3500.