Hello friends. Someone asked us to analyze the Sand token. It it some form of metaverse token which has been punished badly by the market for not having any real profit production. However the lack of profit production is also a strength for trading this token based on EWT since it will be a very emotionally volatile asset. Anyway, we expect that the prices of this token might consolidate until the 13th inside a flat pattern and then once the 13th rolls around, we could see prices start to rise.
Keep in mind that the longer term trend is still down, and this is only a pullback.
Keep in mind that the longer term trend is still down, and this is only a pullback.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.