SAND/USDT : Huge sell signal is about to trigger !BINANCE:SANDUSDT
Hello everyone 😃
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$SAND has formed a Flat bottom triangle and now it has reached the bottom's support zone.
The formed demand here has held the pair four times and now it's the fifth attempt of break.
Based on five break-out attempts; There's a high chance for bears to take the lead below the local demand.
- Also two bullish trendlines are located right below the current rate of market price:
Based on the chart above, If we get the closings below the demand zone, Then it's more likely for bulls to lose their bullish trendlines neither...
This can become a great opportunity to locate our Short on a proper retest of the broken demand zone or the broken trend zone/line!
This idea comes with a clear Short Setup :
Trading setup :
🔻 Entry Pointes : $2.562 ( On Retest after daily closings below )
📍Targets : $2.25 - $2.00 - $1.75 - $1.44
🟥 Overall stop-loss : $2.9 ( Daily closing above )
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Attention: this isn't financial advice we are just trying to help people with their vision.
Have a good day!
@Helical_Trades
Sandbox
SandBox ( SAND/USDT ) 1000% Potential from here... Read Detail#SAND/USDT TA Update:-
$SAND currently trading at $2.69
Overall Chart is in an Uptrend on a Long Term basis , But Still need a Breakout for the confirmation of Further Bullishness .
Breakout Point = $3.30 Level .
( Need a Breakout of this level for Bullish momentum )
According to Price Action , and what I'm also expecting is $SAND can Bounce from this Support levels.
So , Let’s hope Price not break This support levels.
After Breakout ,✅ Target = $29 ( 1000% )
Exit Point = if Candle close below $2.10
Risk = Low
Reward = High
But keep in mind for Bear Scenario , if happen and Candle close below $2.10 then We can see $SAND price at $0.85 level .
But $SAND holds huge potential for Long term.
Especially #Metaverse
✅Targets:- $4.71/$7.26/$29
I hope I explained very well and you also Learn and Understand very well.
Virtual vs Real-Estate: The US Housing Slowdown vs the MetaverseRising interest rates by the Federal Reserve has people concerned of a potential slow-down in the housing market (worse-case scenario, a recession, or even a depression).
How would this affect crypto - and metaverse assets in particular? A closer and updated look at what's been going on in virtual vs. real-estate, especially in China (still down by 60%+).
New entry idea for SAND! - Keep an eye on this setupHere's a quick Look at SAND daily chart . As we can see, the price has been forming a bigger descending triangle and the price is at the apex of the triangle! The price is very close to a bigger break to the upside. The best entry would be, when the price breaks above the descending triangle with good amount of volume . Definitely one to keep an eye on.
The market might shift soon, and big gains could be coming our way!
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The idea is: Buy when the price breaks above the descending triangle and take profits at the levels shown in the chart.
Targets:
1. 3.4$
2. 3.75$
3. 4.4$
4. 5.5$
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What are triangles when it comes to trading?
Key points:
"1. In technical analysis , a triangle is a continuation pattern on a chart that forms a triangle-like shape.
2. Triangles are similar to wedges and pennants and can be either a continuation pattern, if validated, or a powerful reversal pattern, in the event of failure.
3. There are three potential triangle variations that can develop as price action carves out a holding pattern, namely ascending, descending, and symmetrical triangles."
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If you like the content, then make sure to comment and like the post :D
Follow me for daily profitable trading setups
BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
SAND/USDT - Potential 74% SetupHello Traders!
SAND has been moving in a downtrend for a long time. The price has found support near the $2.73 level. RSI on the exit from the bearish zone, the price is approaching the breakdown of the downtrend.
Counting on the exit of the asset from the long correction, it is possible to work short-term from purchases, looking for such purchases can be in the price range of $2.72 - $3.00.
The targets for such purchases will be price levels of $4.00 and $4.74.
Close the deal using stop-loss only in case of price decrease below the price level of $2.05
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
Sandbox (SAND) and the $2.70 markSandbox (SAND) and the $2.70 mark
At this price level the volume in the first half of November 2021 was by far the biggest.
See how the price reacted so far at this level.
Good accumulation point on the one hand... bad if we loose this support on the other hand.
Who would buy here dear Crypto Nation?
Drop me a nice comment if you'd like me to analyze any other cryptocurrency.
*not financial advice
do your own research before investing
Keep an eye on SAND!Here's a quick Look at SAND daily chart . As we can see, the price has been forming a bigger descending triangle and the price is at the apex of the triangle! The price is very close to a bigger break either way. The best entry would be, when the price breaks above the 3.05$ with good amount of volume . Definitely one to keep an eye on.
The market might shift soon, and big gains could be coming our way!
-------------------------------------------
The idea is: Buy when the price breaks above 3.05$ and take profits at the levels shown in the chart.
Targets:
1. 3.4$
2. 3.75$
3. 4.4$
4. 5.5$
-------------------------------------------
What are triangles when it comes to trading?
Key points:
"1. In technical analysis , a triangle is a continuation pattern on a chart that forms a triangle-like shape.
2. Triangles are similar to wedges and pennants and can be either a continuation pattern, if validated, or a powerful reversal pattern, in the event of failure.
3. There are three potential triangle variations that can develop as price action carves out a holding pattern, namely ascending, descending, and symmetrical triangles."
-------------------------------------------
If you like the content, then make sure to comment and like the post :D
Follow me for daily profitable trading setups
BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
Decentraland (MANA) Launches its Desktop Client. How is it?Decentraland recently released its beta version of the desktop client - how does it look in its current state?
From egamers.io:
"Players will now experience performance enhancement upgrades with cleaner graphics, faster processing speeds, and improved stability by adding the client’s option.
The client is only available for Windows in beta, with the developers welcome any feedback while more operating systems will come shortly."
egamers.io
The client allows for faster processing speeds, lower loading times, and opens up bigger possibilities for content creators to do things on the metaverse in ways that were previously not possible on browser-based platforms.
SANDBOX bullish long-term? Maybe.Disclaimer: This is a Newbie analyses with no past Experience! so please Take it Easy
Sandbox has fallen since march to reach important support level. However, end of this month could be bullish due to several factors
1- SAND fell to the important level of support 2.67, then bounced back up strongly.
2- The RSI indicator showing SAND has been oversold by reaching under 30 index twice in a single week.
3- The down trend-line along with the upper trend line of the RSI indicator indicates a possible breakout.
4- Finally, NFTs still on fire!
This is not a financial advise!
Please comment your ideas about the analyses as I am new and want to learn from your experience and knowledge.
Appreciate your constructive comment and feedback in advance.
SANDBOX Bearish?!Disclaimer: This is a Newbie analyses with no past Experience! so please Take it Easy
The candles have almost formed a bearish head and shoulder pattern suggesting a bearish rally to 2.65 strong support level.
This is not a financial advise!
Please comment your ideas about the analyses as I am new and want to learn from your experience and knowledge.
Appreciate your constructive comment and feedback in advance.