$SANTOS — the Bollinger Bands indicator measures volatility and helps determine support and resistance levels.
Timeframes:
* 5m — the price is right at the lower boundary;
* 15m — the price barely broke the lower boundary;
* 30m — the price broke the lower boundary by about -1%;
* 1h — the price is right at the lower boundary;
* 2h — the price is above the lower boundary by about 5%;
* 4h — the price is above the lower boundary by about 10%;
* 12h — the price is above the lower boundary by about 20%;
* 1D — the price is above the lower boundary by about 12%.
If we look at #SANTOS/USDT through Bollinger Bands on the 4h and 1D timeframes, in a negative scenario
(such as a sharp sell-off of a large volume or a prolonged downward movement)
the price could drop at least -10% / -12% from the current level.
At the same time, small timeframes (5m / 15m / 30m / 1h) currently act as support.
If the price holds at the support line, there are prospects for growth of +7% to +30% — depending on the timeframe.
(This message means absolutely nothing, it just complements that part of the analysis I wrote earlier and highlights opportunities and risks).