EVALUATED THE POTENTIAL FOR #SAND TO CONTINUE REBOUNDING AND IT HAPPENED!
SAND has rebounded from the yearly lows that it has revisited unto. This further signifies its intention to continue keeping this key level. Although, we're also looking at the probability that it may move below this major support. Having this in mind, we have already took profit with the long position that we've made at 0.2310. Initially, we've thought the profit would just stay at around 10%-15% but SAND has went beyond our expectations and made us benefit an increase of 29.26% with a risk-reward ratio of 2.49. As more buyers keep their eye on this altcoin, we can expect a potential markup phase to ensue after the accumulation is done.
These posts are for educational purposes. To guide the people who might still be struggling within the crypto market, those who are new to the environment and volatility and everyone else who needs it.
Stay wise, trade cautiously.
