SAND
SANDBOX ⌛🦜 - Breakout Inbound 🏴☠️☠Potential Breakout...it Could be.
Professor is Bullish at the moment but with care.
Check our other posts today for more info:
FEDS have spoken and our sentiment is that a rebound could now continue.
Powell mentioned recession a bit more than i expected but the statement is more Dovish and i hope that the markets can see this in a positive way.
I am going Long with care and SANDBOX is one of the assets I like to Buy.
One Love,
the FXPROFESSOR
SAND long ideaIve been grappling as to what is happening with SAND today.
It is higher up on coinmarketcap, so i feel that when we do get a breakout it won't be as volatile.
Im suggesting two overhead resistance (diagonals). One is from more recent price action and the other goes further back, more macro. Im thinking that recent price action is more important, and therefore its actually the resistance line to the right (that we are yet to encounter, that is more important).
Looking to take longs in the box below, expecting some consolidation in price action before we see a break of the horizontal resistance and a rally to the overhead diagonal resistance line.
SAND/USDT: Direct recovery expected---- Mid-term Analysis for the next coming 4 weeks to 3 months - Daily on Daily Chart (LOG)-------
SAND/USDT: Direct recovery expected
Context
- The Global Crypto market leads by BTC and ETH is still evolving within a bearish market configuration. Like the others digital assets SAND suffered about negative global market situation
- SNX is expected to bounce from the current bottom area and triggered the bullish divergence on RSI
Market configuration
- Graphical Elements :
Graphical Resistance = 2,57 & 8,50
Graphical Support = 0,68
- Mathematical Indicators:
EMA ( Exp Moving averages) are still capping the market = Bearish
RSI indicator (below) is on going divergence but still below 50% = Neutre
- Elliot & Harmonic Wave (Fibonacci):
Fibonacci Target (C) B is set at = 0,83
Fibonacci resistance of the wave in progress = 1,67
Fibonacci support of the wave (C) B(max extension) = 0,68
Fibonacci Bullish Target = 2,57
Conclusion
Preferred case => Regarding the mid-term element, SAND is expecting to do a bullish reversal from the area we are now. We are bullish above 0,68 towards 2,57 with an intermediate level at 1,67. the ATH is set at 8,50
Alternative cases => Breaking 0,68 a significant drop will open the door towards 0,26
$SAND/USDT 2h (#BinanceFutures) Ascending triangle on supportThe Sandbox is pulling back to descending TL / 200MA which is about to golden cross with 50MA!
Current Price= 1.3503
Buy Entry = 1.3472 - 1.2470
Take Profit= 1.6099 | 1.8454 | 2.1595
Stop Loss= 1.0354
Risk/Reward= 1:1.2 | 1:2.1 | 1:3.3
Expected Profit= +24.12% | +42.27% | +66.49%
Possible Loss= -20.18%
Fib. Retracement= 0.559 | 0.702 | 0.883
Margin Leverage= 1x
Estimated Gain-time= 10 days
Tags: #SAND #SANDUSDT #NFT #Metaverse #P2E #Gaming #Creation #Launchpad #DeFi #SolEco
Website: www.sandbox.game
Contracts:
#ERC20 0x3845badAde8e6dFF049820680d1F14bD3903a5d0
#SPL 49c7WuCZkQgc3M4qH8WuEUNXfgwupZf1xqWkDQ7gjRGt
mmmmm SandLooks like Sand is on a pivot point... holding on last Septembers support levels.... if it drops I expect a rebound hard at .2usd for next support.....
at that point a nice big impulse D will get painted at the next bump..... lets see... Please comment any suggestions on my point of view, YOU GUYS ROCK
SANDBOX ⌛🦜 - Time for a Relief Rebound 🏴☠️☠SANDBOX at support and we have an entry for a relief rebound to hopefully 1,43
Market (BTC chart is key) is expected to go sideways as we have informed you a few times before:
Unlike MANA Decentraland, SANDBOX is alive and will deliver great things in the future: www.sandbox.game
Not sure if this could be the end of the dip and an amazing time to buy Spot SAND, But technically we see support so we use stop losses here at 1.14... and will take partial profits at 1,40
One Love,
the FXPROFESSOR
SAND - Trade setupDownward breakout through the descending triangle pattern, Looking at the market conditions there will be retest towards the breakout point which is my entry range. It needed to be observed that the retest must take place with low volume therefore indicating weak retracement so that we can enter short side. I'll update once my trade entry got triggered in the update section.
Disclaimer : Anything provided here is not a financial advice.
SANDUSDT🔥 LONG?!!!!💡#sand the price got into the supply zone, but I think it's not worth waiting much, they can still shed about 1.1850$ Can happen against the background of the #BTC spill. Now the chart looks bearish.
▫️You can also consider SHORT for a countertrend breakdown, I'll just watch, if I see a breakdown, I'll consider LONG🔥
✅Do not forget to visit the channel there is a lot of useful information about trading.
SAND DESCENDING TRIANGLE PATTERNSAND BINANCE:SANDUSDT is forming a Descenidng Triangle pattern....
I know that in Technical terms, it is mostly regarded as a sign of bearish pattern.... But sometimes it can be powerfully Bullish too!!
I think it might fool sellers when it make a pullback near Demand zone and might continue back to the 1st Target area...
If you can relate.... then please like and ask any comment you guyzz have!! (:
Trading opportunity for SANDUSDTBased on technical factors there is a short position in :
📊 SANDUSDT
🔴 Short Now 1.2824
🧯 Stop loss 1.5400
🏹 Target 1 1.1100
🏹 Target 2 0.9000
🏹 Target 3 0.5700
💸Capital : 1%
We hope it is profitable for you ❤️
Please support our activity with your likes👍 and comments📝
SANDBOX/USD TRADE SETUP.Hello traders, here's a trade setup to SAND in 4 hours TF. SAND is trending under a triangle that looks like an ascending triangle. Currently, the price got rejected from the upper trendline ($1.5) and possibly it will drop towards the $1.3 support range.
Perfect entry: $1.3 to $1.36
Stop Loss: $1.23
Target: $1.5+
The strategy will be to accumulate the bottom, sell 50% at the resistance and if SAND breaks out the resistance then re-enter at the retest ($1.5 to $1.54). If SAND gets rejected from the resistance ($1.5) then wait for the re-entry between $1.3 to $1.36)
This chart will get invalid if it breaks down below the $1.23 level.
Trade safely.
sand/usdtTesting/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice.
With the recent events on cryptocurrency; I think we will start seeing less coins getting pumped and more of the solid coins getting attention. By solid, I mean coins that actually has a project and some kind of revenue coming in. Currently a lot of coins are back to prices of last year, if not, then lower. This makes it a great entry point for those that wanted to get in a few months ago, but thought prices were too high. Sand's (4th) wave count has retraced to the peak of wave (1) and bounced nicely. This is usually a good indication that the bottom is in. We don't normally enter wave 1 territory unless btc does something drastic. The market sentiment is still uncertain and people are fearful, which makes it a perfect opportunity for institutional investors to start investing.
SANDUSD Buy Above Downtrend LineThis chart shows periods of sharp growth followed by a down period
So far the pattern has repeated twice
A third up move is up coming next if the pattern repeats again
This will most likely occur once price breaks the orange downtrend line
Price once upward break out will most likely reclaim the weak yellow uptrend
Weekly Chart
[ALTCOIN] SANDUSDT CRYPTO SIGNALS TREND LINE ANALYSISHello, everyone
We're a team that specializes in chart analysis
We will always analyze and provide you with charts to help you sell
There are so many trading laws and there are so many good technologies that come with them, but I'm confident that the trend line is really strong.
If you read the point of view and get to know the line, every line will adjust
Thank you.
------------------------------------------------------------------------------------------------
Chart Analysis Content -
The rebound came from the thick white upward trend, and like PEOPLEUSDT, the candle is rising after checking the bottom once more.
It will break through the downward trend of bold red and cross the downward trend of bold yellow after crossing the downward trend of bold yellow.
And if we go up to the upward trend of thick sky blue, we can go up to the position we expect.
The most important point is to test it after breaking through the thick red downward trend line and what kind of movement it shows.