$SANDUSDT potential Short

We all know that this crypto bounce came from nowhere and its way down to the bottom is not over yet.
The question is where will start the next leg down ?
I personally choose to trade ALT coins BASED 100 % on bitcoin chart. I repeat, I do not take any important decision on any alt coin before I check bitcoin.
I prefer metaverse and gaming alts because they are very hyped lately.
I believe the last leg down will be around 27-30k for bitcoin.

See my potential SHORT setup for SAND, 1/6 RR trade.

تعليق:

Reasons to short there : 4 hour supply, 50 % of the weekly candle (which acts as support and resistance) / daily resistance as SL , downtrend resistance.

TP : weekly support since last year.