SAND Multi-Timeframe AnalysisHello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
SAND
Keep an eye on SAND - we will se a bigger move soon!Here's a quick Look at SAND 1 hr chart. As we can see, the price has been forming a falling wedge and we could see a break the upside soon! Keep an eye on this falling wedge!
The best entry would be, when the price breaks above 4.15$ with good amount of volume .
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The idea is: Buy when the price breaks above 4.15$ and take profits at the levels shown in the chart.
Targets:
1. 4.28$
2. 4.45$
3. 4.68$
4. 5$
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What Is a Wedge in the context of trading?:
"A wedge is a price pattern marked by converging trend lines on a price chart. The two trend lines are drawn to connect the respective highs and lows of a price series over the course of 10 to 50 periods. The lines show that the highs and the lows are either rising or falling and differing rates, giving the appearance of a wedge as the lines approach a convergence. Wedge shaped trend lines are considered useful indicators of a potential reversal in price action by technical analysts.
Key Takeaways for Falling wedges:
1. Wedge patterns are usually characterized by converging trend lines over 10 to 50 trading periods.
2. The patterns may be considered rising or falling wedges depending on their direction.
3. These patterns have an unusually good track record for forecasting price reversals."
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
SAND / METAVERSE / Middle of the BULL Cycle?I'm looking closely at the METAVERSE Phenomenon.
We have to take into consideration the project and also the development of this DIGITAL world which is far from the mass adoption yet.
It's good to keep an eye on it and look for potential investment opportunity in the NEAR future.
#Sand | 1D Bearish Divergence | #MetaverseHello Padawans,
First of all, do not take this as a piece of financial advice.
I'm planning to bring quick signals like this in the future.
Okay, let's get into the topic.
Sand is a developing under metaverse projects. In so shorting this in this time is highly risky.
But I see a 1D bearish divergence in the chart. But the fundamentals are bullish.
let's see what's gonna happen.
cheers.
May the force be with you.
The Sandbox PennantThe Sandbox after the Bears did their best for a few days last weekend. Have the bulls managed to bring the price up quite a bit.
A price increase of 100% in 2 days. Of course, this also means that the market has to take a breather.
So we see on the 2 hour chart that the price reached a low of $2.30 last weekend after which a so-called Scallop (which looks like a half umbrella) appeared and gave the price an explosive upward run. Now we are in a pennant and I have mapped out various target targets based on the flagstick. Since the "scallop" causes an interruption in the flagstick on the 2H but on the day can be regarded as 1 whole stick, I will include this long version in a series of target points/targets. You can project the flagstick as a price target, and if you take a little more certainty about that, you measure it from the bottom pennant and with a little more risk at the top, with the idea that the measurement from the bottom can achieve its goal sooner. In addition to the long stick, I also measured the stick from the "scallop" and plotted it in the target point series. So you can say that from T1 to T5 the chance of success gets smaller and smaller.
Not to forget to always keep the bears in mind. Because if the price breaks out, I will first look at the $3.40 as support, but also take into account a return to the golden pocket region that will soon move towards the psychological 3 dollar.
Keep calm, trade safe and manage your risk.
(Disclaimer: This is not financial advice)
Bitcoin (BTC) - BULLISH. The LAST Dip before takeoff! Moon time!This is my final technical analysis on Bitcoin in this area. It was fun hanging out down here, but time to get back to business. This is the lowest we go. Moon time! See you again at $76-86K for our first possible correction. If not, then $100K will be our first possible correction area. Road to $250k+…
SAND Road map ! Very strong crypto currency Launched in 2011 by Pixowl, The Sandbox is a blockchain-based virtual world allowing users to create, build, buy and sell digital assets in the form of a game. By combining the powers of decentralized autonomous organizations (DAO) and non-fungible tokens (NFTs), the Sandbox creates a decentralized platform for a thriving gaming community.
According to the official whitepaper, the Sandbox platform’s main mission is to introduce blockchain technology in mainstream gaming successfully. The platform focuses on facilitating a creative “play-to-earn” model, which allows users to be both creators and gamers simultaneously. The Sandbox employs the powers of blockchain technology by introducing the SAND utility token, which facilitates transactions on the platform.
Target - $ 6.5 - $ 8
Thank You !
#DoYourOwnResearch#
#IamNotaFinancialAdvisor#
SANDBOX Metaverse Alpha to launch Nov. 29Greeting from IRAN to whole trading community 💙
SANDBOX is moving through an ascending channel since 25 October
SANDBOX has started a bullish move from bottom of the channel and has achieved to make a new ATH (2.3$ to 4.7$)
After that price started its retracement move
There is a strong support zone in 3.5$ which is exactly at Fibonacci retracement 0.5 level
If SANDBOX could retrace to this level it would be a great chance to buy the DIPS
And this level would be strong enough to shoot the price to the higher ATH
Good luck and KEEP IT SIMPLE :)
⌛🦜SANDBOX- Resistance now, then off to 7,3$ 🏴☠️We were expecting to post this sometime next week but SAND had a different opinion!
Despite the blood bath in the crypto market (BTC 6% lower today), Sand decided to explode and hit our target of 4,6$ which acted as resistance exactly as we expected! Check our previous idea here :
In other words, resistance now, price might drop a bit before it storms over this level and off to 7,3$
Technical analysis is simpler than you think..when married with the right fundamentals..pure magic!
One Love,
the FXPROFESSOR
Bitcoin [ BTC ] - Whales Holding @ The LAST Line of Defense!!!Bitcoin has fallen all the way to my LAST significant Support Level. If Bitcoin falls below this point, I will have to go back to the drawing board and conditions may have changed for Bitcoin and crypto overall. I don't believe we will fall any lower. As long as we hold at this final Line of Defense... we should turn around from here and be back on our way TO THE MOON!!!
Will be watching this area like a hawk!
SAND-USDT Completes 3rd Wave Correction on EW ImpulseSandbox appears to have just finished correcting from wave 3 impulse, of 5 wave Elliot Wave sequence. Also, confirmed by rising MACD momentum, surpassing point b in sequence, as well as retracement of wave 2 correction to at least 50 percent, but no more than 66.4 percent.
SAND FORECASTHi,
Sand broke previous all time high and going to set new ATH
the momentum is very good.
as per Feb Retracement targets have been marked.
200 percent profit is expected
this idea is for educational purpose only.
please feel free to share your feedback in comments.
Regards,