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Sandbox

Will Bears Continue Hodl Gas Peddle? Weekly Time-frame Filling the previous candle up to $44,206. We are about to test the demand zone and pump from there. We are still in the bearish market. 1D Time-frame Bearish engulfing pattern is a super bearish candle. We can expect more to the downside from here. High Volume Node in VPVR is the only thing that prevents the drop at the moment. but it will break soon. We touch the EMA Ribbon Support Area which bounce us for a while. We will see if we can break this Support Area. AO is still in correction retracement area. 4H Time-frame We are now below EMA Ribbon and also bellow the Ichimoku Cloud which is Bearish. Awesome Oscillator (AO) just printed a negative volume which is also bearish. Supply Zone is waiting at $45,500 to $45,137 after a retest then goes down again. 1H Time-frame BTC Short Position entry within this range $45,722-$45,137 leverage 10x stop loss 1-5% whole portfolio $48359 use 1% portfolio per trade only risky trade. TP 1 $44,567 TP 2 $44,190 TP 3 $43,548 TAYOR DYOR NFA We will discuss more on the possibility on our Live. Stay tune and check with us! Want more insights before US market open? Hit Like, Share, and Subscribe for more daily trading tutorial & cryptocurrency news Trade Scholar, the best cryptocurrency educational community online! Find the content above difficult to understand? Feeling lost about how to trade? Want to learn how to do your Own Price Prediction? We endeavour to share you our investment knowledge & experience in order to help you starting your path to financial freedom. Follow, Subscribe & Join our Community to trade together! Disclaimer: Above Technical Analysis is pure educational information, not Investment Advice. The information provided on this post does not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the website's content as such. Do conduct your own due diligence and consult your financial advisor before making any investment decisions.
Short
by Trade_Scholar
Metaverse tokens like The Sandbox The shift seen the past couple of days are a trend where metaverse tokens are trending and the biggest one is the Sandbox metaverse where quite a few celebrities like Snoop Dogg and Steve Aoki have invested. In this chart can we see the Sandbox breaking the downtrend and the price is in the higher KC as well as a stable upward trending RSI with a lot of gas left until the token is overbought. MACD is also showing signs of opening upwards as well and the signal line is crossing the MACD line. On the four hourly chart can we also see that volume is increasing which pushes the price upwards. Not financial advice.
Long
by vf_investment
Trading Idea - #SANDMy BUY Mindset for #SANDUSDT Entry: 3.45 USD Target 1: 5.00 USD (+46%) Target 2: 5.48 USD (+60%) Stop: 2.28 USD #SAND is the native token for a very unique platform that combines blockchain technology and #NFTs with the gaming world and aims to revolutionize the #gaming industry. Therefore, it is possible that the SAND token will increase in value if the Sandbox platform grows. Currently, there are a little less than 1 billion tokens, while the maximum offer is 3 billion tokens. There is definitely a possibility for a LONG trade. The main reason is that the price has bounced off the support line ($2.60) several times. Furthermore, the token has a real application on the Sandbox platform. The past #NFT hype should have already attracted both long-term investors and gamblers to buy SAND coin. #HODLers determine support levels. It is quite possible that this has set in at USD 2.60. The stoploss is a bit generous in this case, as we have already moved a decent distance away from the support line.
Long
by Traderherz-Analytics