A couple of weeks ago I made an analysis where I made a comprehensive analysis of SAND's market structure versus the Bitcoin 2018 bear market fractal. See the post below.
As seen on the chart, the above analysis was pretty spot-on. Furthermore, looking at the current chart and state of the market, I think there's still more pain ahead for SAND and crypto as a whole.
Since SAND is following the BTC fractal pretty closely, I think we are now in a dead-cat bounce and will see more bearish pressure soon. BTC bottomed out around $3500, which was the support which triggered the late 2017 parabolic move. If the fractal holds, we can expect SAND to fall all the way towards the $0.75 area, which was also the support area which triggered the parabolic move back in November. This would indicate that we can fall another ~50% from the current level before bottoming.
The above is also in line with my most recent BTC analysis, where I state that we're likely going to make a move towards the 200-week SMA.
Be aware; no one can predict the future , and price patterns/fractals are valid until they aren't, take them with a grain of salt. However, try to keep an open mind.
As seen on the chart, the above analysis was pretty spot-on. Furthermore, looking at the current chart and state of the market, I think there's still more pain ahead for SAND and crypto as a whole.
Since SAND is following the BTC fractal pretty closely, I think we are now in a dead-cat bounce and will see more bearish pressure soon. BTC bottomed out around $3500, which was the support which triggered the late 2017 parabolic move. If the fractal holds, we can expect SAND to fall all the way towards the $0.75 area, which was also the support area which triggered the parabolic move back in November. This would indicate that we can fall another ~50% from the current level before bottoming.
The above is also in line with my most recent BTC analysis, where I state that we're likely going to make a move towards the 200-week SMA.
Be aware; no one can predict the future , and price patterns/fractals are valid until they aren't, take them with a grain of salt. However, try to keep an open mind.
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๊ด๋ จ ๋ฐํ๋ฌผ
๋ฉด์ฑ ์ฌํญ
ํด๋น ์ ๋ณด์ ๊ฒ์๋ฌผ์ ๊ธ์ต, ํฌ์, ํธ๋ ์ด๋ฉ ๋๋ ๊ธฐํ ์ ํ์ ์กฐ์ธ์ด๋ ๊ถ์ฅ ์ฌํญ์ผ๋ก ๊ฐ์ฃผ๋์ง ์์ผ๋ฉฐ, ํธ๋ ์ด๋ฉ๋ทฐ์์ ์ ๊ณตํ๊ฑฐ๋ ๋ณด์ฆํ๋ ๊ฒ์ด ์๋๋๋ค. ์์ธํ ๋ด์ฉ์ ์ด์ฉ ์ฝ๊ด์ ์ฐธ์กฐํ์ธ์.
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๐Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
โ Monster Signals: t.me/monster_cryptosignals
๐ฅPremium Signals: fierytrading.com
๐Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
โ Monster Signals: t.me/monster_cryptosignals
๐ฅPremium Signals: fierytrading.com
๊ด๋ จ ๋ฐํ๋ฌผ
๋ฉด์ฑ ์ฌํญ
ํด๋น ์ ๋ณด์ ๊ฒ์๋ฌผ์ ๊ธ์ต, ํฌ์, ํธ๋ ์ด๋ฉ ๋๋ ๊ธฐํ ์ ํ์ ์กฐ์ธ์ด๋ ๊ถ์ฅ ์ฌํญ์ผ๋ก ๊ฐ์ฃผ๋์ง ์์ผ๋ฉฐ, ํธ๋ ์ด๋ฉ๋ทฐ์์ ์ ๊ณตํ๊ฑฐ๋ ๋ณด์ฆํ๋ ๊ฒ์ด ์๋๋๋ค. ์์ธํ ๋ด์ฉ์ ์ด์ฉ ์ฝ๊ด์ ์ฐธ์กฐํ์ธ์.