Is the fall of the digital currency Sand near?
By examining the trend in the one-hour time frame, the SAND cryptocurrency has hit the resistance of the ceiling of the ascending channel in the range of $0.55, and if it is maintained, there is a possibility of the price falling to the support of the floor of the ascending channel in the range of $0.50, in the meantime, Support will be seen at $0.52.
SAND
SAND/USDT Success Break the resistance, Bullish Momentum !!💎 SAND has recently demonstrated significant market dynamics. After successfully breaking out and reclaiming the price above the resistance area, SAND is now consolidating around the support area.
💎 There's a probability that the price will resume its upward movement and retest the strong resistance area.
💎 However, if SAND retraces back to the support and breaks below this level, it could signify a false breakout, leading to a downward movement towards the Bullish OB area.
💎 SAND must bounce from the Bullish OB area and reclaim the price above the support to sustain the upward movement. Failure to do so may result in further downward movement for SAND.
#SAND #SANDUSD #SANDUSDT #Short #ShortSetup #Eddy#SAND #SANDUSD #SANDUSDT #Short #ShortSetup #Eddy
Its my "ARB/USDT" short setup <3
Enjoy Guys ;-)
(("All the relevant areas and explanations on the chart are clear and clear, the trading setups need to get confirmation to enter, if you don't know how to get a trigger and confirm entering into transactions, this analysis is not suitable for you, the above analysis is for professionals. and if you are a beginner, my suggestion is that you don't destroy your capital and first learn technical analysis and basic trading along with psychology and risk and capital management from reputable sources and courses, and then enter the financial markets."))
(("The above analysis and setups and points and areas are combined with most of the combined styles such as price action, supply and demand, RTM, ICT and also with the analysis of important indicators such as Dominance Tether and Bitcoin.
If you are familiar with the mentioned styles and know how to get approval to enter the above styles, use the above analysis.
This is not an investment proposal and only my opinion, please act based on your experience and decisions."))
Related Bitcoin Analysis : (( BTC/USD )) : Check Link :
#SAND/USDT #SAND
The price is moving in a descending triangle on the 4-hour frame
We are now at the lower border of the channel from which the price has rebounded more than once, and this is also the support area
A rebound is expected to the upside
We also have support from the RSI indicator
Current price is 0.4300
First target 0.4400
Second target 0.04535
Third goal 0.4673
SAND/USDT Perfect bounce retesting. Ready Continue Upward ??💎 SAND has been a significant point of focus in the market, showing a strong rebound from the demand area, which previously acted as resistance. This bounce suggests a probability for a substantial upward movement, with a likelihood of reaching our targeted strong resistance area.
💎 However, if SAND retraces back to the support area and fails to maintain it, breaking through the support level, this could be a cause for concern. Such a scenario would likely lead SAND towards the next lower stop, which is the demand area.
💎 At the demand level, a robust response is crucial for SAND. The asset needs to demonstrate either a strong bounce or maintain its level at this area. Failure to do so, particularly if SAND breaks down below the demand level, could signal a reversal to a bearish trend. This would potentially lead SAND to descend further towards a more substantial support area.
SANDUSD - An Interesting PossibilityThe possibility of two shoulders forming on each side one larger should accompanied with a smaller one all joined together by a larger head structure
Using this we can assume a movement down creating the next right shoulder.
From there I would expect price to move up from the horizontal line in green.
LS = Left Shoulder
RS = Right Shoulder
Wiggle range: 0.6418-1.0030Hello traders!
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(SANDUSDT chart)
(1M charts)
In order to switch to an upward trend, the price must be maintained above the MS-Signal indicator.
Additionally, in order to show a major upward trend, the price must be maintained above the HA-High indicator.
Accordingly, after rising above the MS-Signal indicator, it is necessary to test support near the MS-Signal indicator and check whether the HA-High indicator is generated by falling.
However, there is a possibility that the price will continue to rise and rise above the HA-High indicator, so it is necessary to check the movement after it rises above the MS-Signal indicator.
(1W chart)
The HA-Low indicator is an indicator created during the low point.
Accordingly, if the HA-Low indicator is supported and rises, it is likely to start an upward trend.
If the price rises above 0.6418 and holds, it is expected to turn into an upward trend.
Before touching the HA-High indicator on the 1M chart, you need to make sure that you can touch the HA-High indicator on the 1W chart.
Since the RSI indicator appears to have entered the overbought zone, if there is a shake in the 0.6418-1.0030 range, the HA-High indicator is expected to fall and be created.
If it shows support near the HA-High indicator, it is time to buy.
The HA-High indicator is an indicator created during the high point, so if it encounters resistance at the HA-High indicator, it may fall to touch the HA-Low indicator, so caution is required.
(1D chart)
Where to look for the bottom can be viewed differently depending on the investment period.
The bottom section I see is below 1.0030.
Therefore, I think full-fledged buying will occur when the price appears to be maintained above 1.0030.
Aggressive buying is possible when support is found in the 0.6418-1.0030 range.
If the price holds above 1.0030, I think there is a good chance that a sharp rise will begin.
When the rise begins,
1st: 1.3628
2nd: 2.6887-2.8152
It is necessary to check whether there is resistance around the first and second stages above.
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- The big picture
The full-fledged upward trend is expected to begin when the price rises above 29K.
This is the section expected to be touched in the next bull market, 81K-95K.
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** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
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SANDUSDT.1DBased on the market data provided, the SAND/USDT pair shows a bullish trend in the short term, as indicated by the Relative Strength Index (RSI) of 80.65 on the 4-hour chart and 73.08 on the 1-day chart, both of which are above the overbought level of 70. This suggests that the pair is currently overbought and could potentially face a price correction in the near future.
The Moving Average Convergence Divergence (MACD) on the 4-hour, 1-day and 7-day charts are all positive, indicating a bullish momentum. The Bollinger Bands (Bb) on all three time frames are above the current price, which could suggest a potential upward movement.
The support levels are at 0.5567, 0.4980, and 0.4599 on the 4-hour chart, and 0.5141, 0.4541, and 0.3647 on the 1-day chart. If the price drops, these levels could serve as potential bounce-back points. On the other hand, the resistance levels are at 0.6174, 0.6274, and 0.6563 on the 4-hour chart, and 0.6221, 0.6791, and 0.7136 on the 1-day chart. These levels could be the target points for the price to break through in the coming period.
Despite the bullish indicators, it's important to note that the market is highly volatile and unpredictable. Therefore, it's crucial to use stop losses and take profits at appropriate levels to manage your risk.
Overall, it would be prudent to monitor the market closely and make decisions based on any changes in the trend. It's also essential to consider other factors, such as news events and overall market sentiment, when making trading decisions.
Forecast for a long SAND position for a good profitEntry into the position at the level $ 0.445 -0.41. This can bring you great profit. I place a limit order. I set up the chart and indicators. I follow the movement of the crypto market and will publish further instructions as exchange prices for cryptocurrencies change.
I expect SAND to move towards the 0.382 Fibonacci level.Hello everyone!
I suggest considering entering positions based on the current values on Sandbox.
Recently, the asset managed to break and sustain above the 200-day moving average EMA, and then break the global resistance level in the ~$0.49 range.
The following targets are in place:
$0.7 - +36%
$0.8 - +56%
$1.01 - +99%
Please note that this is not financial advice, and any actions you take are at your own risk!
SAND/USDT Trading IdeaBelow is a trading idea for the SAND/USDT pair.
Since the beginning of October, this asset has shown a consistent upward trend. Starting at $0.2739 and reaching a current high of $0.5970 , it has grown by more than 114% . The trend line, acting as support, confirms continued interest from buyers in this coin, having held up through three significant approaches. Currently, the asset is undergoing a correction after hitting a local price peak.
The idea is to consider buying the asset if the price drops below the Value Area High and approaches the level close to the support trend line.
The trend's stability is confirmed by the continuation of the upward movement after the correction from the local peak, accompanied by noticeable increases in trading volumes. After entering a position, the first target is considered to be $0.5992, with the second target at $0.7178.
Sandbox (SAND): Metaverse with Biggie's LegacyDec 9
Hello Virtual World Explorers!
👋 The FXProfessor here, bringing you the latest buzz from Sandbox (SAND), an Ethereum-based metaverse game making waves with its innovative collaborations.
The Notorious B.I.G. Experience in The Sandbox:
🎤 A tribute to the legendary rapper, Notorious B.I.G., is now live in The Sandbox. This collaboration brings a unique Brooklyn, New York-inspired area to the metaverse.
🕹️ Dubbed “Breakin’ B.I.G.,” this experience allows players to interact with Biggie’s avatar in a 2D, arcade-style world, engaging in quests that reflect the rapper's iconic legacy.
New NFT Avatar Collection:
🖼️ Alongside the B.I.G. experience, Sandbox is set to release a new NFT avatar collection, further bridging the gap between the crypto world and popular culture.
🌉 This update marks a significant expansion of Warner Music Group’s social hub within the game, offering a rich, interactive Brooklyn environment for players.
Sandbox's Metaverse Vision:
🚀 The Sandbox continues to push the boundaries of what's possible in virtual worlds, integrating elements of music, culture, and gaming.
🌐 These collaborations exemplify how blockchain technology can merge with entertainment, creating immersive experiences that redefine user interaction in the digital realm.
My personal Take:
🌟 Sandbox's ability to blend iconic cultural elements with cutting-edge blockchain technology showcases its potential as a leader in the metaverse sector.
💭 Imagine the possibilities as we witness more such innovative collaborations in the metaverse, transforming how we interact, play, and commemorate legends.
Stay curious, dive into the metaverse, and let's explore the endless possibilities that Sandbox (SAND) has to offer!
One Love,
The FXProfessor 💙
Link: decrypt.co
SAND/USDT Bracing for a Bullish Reversal? 👀 🚀Thesandbox💎 Paradisers, spotlight on #SANDUSDT as it crafts a compelling narrative in the current market landscape. Recently rebounding from resistance, it is now fortifying its position at a pivotal support level, signaling a potential upswing in its market journey.
💎 #TheSandbox, in its recent market dance, has elegantly maneuvered through descending channels, breaking upwards with notable momentum. After conquering the resistance at $.4759,it is now navigating the $.5978 level, retesting what seems to be transforming from resistance into a strategic support zone. This shift could potentially catapult NYSE:SAND into an upward trajectory, targeting higher resistance echelons.
💎 However, as we chart these digital sands, #SAND traders must remain astutely prepared for the market's dynamic tides. In the event that it encounters resistance headwinds and starts to waver, a pivot to a strategic rebound from the support level of $.3640 might be imperative.
💎 Should #SAND descend beneath this critical support threshold, a strategic recalibration becomes paramount. This situation would demand a nuanced reassessment of the bullish stance, requiring a savvy adaptation of trading strategies to the evolving contours of the market. 🌴💰
#SAND/USDT#SAND
The price has broken out of the large descending triangle since last March
The trend was retested and returned upward, supported by the rise of Bitcoin
Looking at the previous triangle patterns, each breakout is strongly bullish
We expect a strong rise after breaching the current triangle
With an initial goal of 170%
After that, we expect a second goal of 250%.
All of this is due to the rise of Bitcoin to reach strong areas soon
SAND/USDT Break out the Bullish pattern. Ready to continue UP ??💎 SAND is currently in the spotlight within the market, achieving a breakout from a bullish flag pattern. It is now approaching a local resistance point at $0.425. Should SAND successfully break through this resistance, it could pave the way for a continued ascent towards a stronger resistance area.
💎 However, if SAND struggles to surpass this resistance, it may face a downturn, leading to a retesting phase at the demand zone between $0.4 and $0.41.
💎 In this demand area, it's crucial for SAND to exhibit a strong bounce. Failure to do so could result in the loss of this zone. If such a scenario unfolds, SAND could then be heading towards a test at the support level around $0.357.
💎 A particularly concerning situation would arise if SAND also breaks down from this support level, which could lead to a continued downward trajectory towards a more substantial demand area.
SAND/USDT Had a Good Run | 👀🚀What's Next for the SAND?💎 Paradisers, turn your attention to SANDUSDT, which is currently showing a promising setup in the demand zone, enhanced by a recent Market Structure Shift (MSS). This configuration indicates a considerable potential for a bullish trend.
💎 In examining SAND's pattern, Sandbox has a notable track record of breaking above its descending trendline, a clear signal of bullish trends. Presently, it's confronting a significant Bearish Order Block (OB) challenge, with ongoing momentum above the EMA100, aiming for supply targets at $0.61 and $0.70.
💎 Given the ever-changing nature of the crypto market, SAND traders should be ready to adapt to different scenarios. Should the anticipated bullish breakout not materialize, shifting to a rebound strategy from the support level at $0.38 will become crucial.
💎 If SAND falls below this support level, a change in strategy will be imperative, signaling the need to rethink the bullish perspective and adjust trading strategies to align with the new market conditions.
💎 Stay alert and tactically prepared, Paradisers. Your ParadiseTeam is dedicated to providing you with insightful analysis and guidance, ensuring you make well-informed trading decisions in these dynamic market scenarios.