SANDUSDT long with huge potential
Just a great trade with A LOT of future POSSIBLE profit.
We can see a FALLING WEDGE that we have already BROKEN. Price is trying to settle above the MA 50. Also we have small trend line that probably will help SAND to settle above MA and than we will have TWO really strong supports and just as strong pattern behind.
Here is info about preferable POSITION:
SANDUSDT LONG
ENTRY: 1.162 (+- 0.01)
SL: 0.942
TP1: 1.99 (40% of position)
~AFTER reaching TP1 move SL slightly beyond entry point~
TP2: 3.69 (35% of position)
TP3: 6.25 (25% of position)
Personally I am performing this position using leverage 3x. But it DOESN'T MATTER as long as you follow PM and RM (if you don't know what does this mean. I strongly recommend you to read and learn topics of risk and portfolio management)
We can see a FALLING WEDGE that we have already BROKEN. Price is trying to settle above the MA 50. Also we have small trend line that probably will help SAND to settle above MA and than we will have TWO really strong supports and just as strong pattern behind.
Here is info about preferable POSITION:
SANDUSDT LONG
ENTRY: 1.162 (+- 0.01)
SL: 0.942
TP1: 1.99 (40% of position)
~AFTER reaching TP1 move SL slightly beyond entry point~
TP2: 3.69 (35% of position)
TP3: 6.25 (25% of position)
Personally I am performing this position using leverage 3x. But it DOESN'T MATTER as long as you follow PM and RM (if you don't know what does this mean. I strongly recommend you to read and learn topics of risk and portfolio management)
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