SAND has decreased by 57% since its all-time highs and now the first thing that we can see is a breakout from a descending resistance line.
If the upwards movement continues, we think the next resistances are between the $4.7 and $6 levels. Indicated by our Fibonacci retracement readings on the daily chart from the ATH to the bottom of the trend.
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00:00 Intro
00:20 Long-term movement
02:00 Indicator readings
02:50 Short-term Movement
03:40 Wave count
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