Sandbox
SAND continued its price growth last weekSAND continued its price growth last week. The support of the buyers caused the breaking of an important resistance in the range of $0.47-0.48. The increase in the price of the sandbox continued to the resistance range of 0.56 to 0.59 dollars. The bullish wave was corrected by hitting this resistance. The first hit of the $0.50 support area has given a positive reaction. But this quick return has increased the possibility of the price entering the range trend. Therefore, we expect to see a short-term range trend between the current resistance and support of this currency. Another support is considered in the range of $0.47-0.48, which, if the first high does not react positively and is broken, the price decline can continue to this level. According to the upward trend line, we can expect a stronger reaction from this range.
The Sandbox SANDUSDT price has a chance to form "Inverted H & S"It is very likely that the SAND token price of the once quite popular The Sandbox project is now close to the low of this protracted downtrend.
Looking at the global chart of SANDUSDT, it is safe to say that the price range of $0.38 - $0.45 is a tasty zone for placing buy orders with a grid. Of course, if you believe in this project and see future prospects in it and in the gaming crypto world in general.
The first target for the possible growth of the SANDUSD price is $1-1.20 (x3-x4 growth)
In the longer term, if and when the crypto market comes to life, we can think about the SAND price in the range of $2.50-3.50.
It is in this liquidity zone that the target of the probable "Inverted Head and Shoulders" pattern falls.
More precisely, the final growth target can be calculated when the formation of this pattern is finally confirmed.
Then we will update the idea of SANDUSDT with more specific targets for the final growth.
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✳️ The Sandbox vs Bitcoin | Prepare For Bull MarketOk, this is the last one for this session... I wanted to show you the difference between BTC and USDT pairs.
Might look like something irrelevant but this information can be useful for life... Trading/chart reading life.
The RSI hit is lowest level ever entering the oversold territory on the 3D timeframe.
The marked date on the chart represents the low/potential bottom.
The bottom is a process and is only confirmed after the trend changes and prices move up.
For now the low is just that, a low and we can call it bottom once the bullish trend is confirmed.
SANDBTC just hit bottom 😜, what follows is growth.
We can see a huge correction from the ATH, a massive -84.71% and there we go again... The correction is smaller on the altcoins vs bitcoin (ALTSBTC) pairs.
With that said, let's focus on the targets next.
87% potential short-term... Up to 250% mid-term.
Enjoy your weekend.
Sending you love and positive vibes.
Enjoy the full moon.
Namaste.
SAND recorded good growth during the last weekSAND recorded good growth during the last week, from $0.35 to $0.39. The support that took place on this monthly range has caused the price to exit the downward channel in the 4-hour time frame. Four ascending candles, all of which closed above the previous candle, can be a sign of buying pressure to maintain support and a possible trend change in the future. Of course, this is because the SAND currency weekly candle forms a bullish pattern. Otherwise, we will reduce the price again. In the weekly timeframe, bearish candles are very powerful, and the current support level in the minimum conditions should be able to create a positive swing in the weekly timeframe.
In the 4-hour time frame, a definite sign of a trend change can be seen with the last strong upward movement. The price has hit an important resistance in the range of $0.47-0.48, and due to the high angle of the collision, there is a possibility of breaking this resistance and hitting the resistance of $0.49-0.50. We expect a stronger negative reaction from the second resistance. But due to the possibility of negative divergence in 4 hours and below this resistance, if a negative reaction is observed, the price can enter a corrective wave. So, the support we can consider for it is in the range of $0.44 to $0.43, which can cause the price to bounce back in the coming days.
SAND Price predictions -Sand needs to get above the resistance zone of .4063 to .4141 in order to go up.
-if we break above this zone the next target will be .4415 and then .4768
-if we break the .4768 Level we will likely go up to test the .5190 level.
If we fail to break these resistance zones, SAND will most likely fall down and test the previous lows and possibly set new lower lows.
SAND The Sandbox Price PredictionIf you haven`t sold SAND here:
Then you should know that Grayscale expressed concerns over the potential impact on the Ethereum Merge, especially on tokens that run natively on Ethereum:
The Merge may lead to a fork that might have unexpected and unfavorable outcomes and a scenario where stablecoins and tokens locked in smart contracts might not be redeemable.
Token and stablecoin holders might panic and start liquidating their holdings.
In this context, price target for SAND The Sandbox is $0.70.
Looking forward to read your opinion about it.
The Sandbox (SAND) forming bullish Shark| A good buy opportunityHi friends, hope you are well and welcome to the new trade setup of The Sandbox (SAND) with US Dollar pair.
Previously I shared a long-term trade setup for SAND, which is still in play.
Now on a 4-hr time frame, SAND is completing the final leg of a bullish Shark pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
🔥🚀BINANCE INVEST IN NFT: BRIGHT FUTURE FOR SAND AND CO.?🔥 Hi friends! NFT have a great future, Binance is investing in the industry, Binance CEO CZ⚡️ said. CZ made this statement during his AMA. This is a green light for the NFT projects such as SANDBOX.
I will publish the list of NFT altcoins ant the end, but now more details about SAND technical situation.
Now the price consolidate inside the HUGE accumulation area of $0.5-0.6 where the whales buy a lot of coins. Take a loof on volume indicator. 4 huge candle spikes! This is a bullish sign for this altcoin.
📊 THE PRECONDITIONS TO OPEN A LONG ON SANDBOX:
1. breakout and test the trendline as the support
2. huge volume to buy on SAND. I use DOM and Footrpint to see the real whales oders to buy or sell, so this will not be a huge problem
3. bullish BTC
✅ THE 3 TARGETS FOR SANDBOX:
🔥 $0.64 - key level and local high
🔥 $0.69 - important mirror level
🔥 $0.76-0.8 - value area
🚩 I make the list of NFT or related to NFT projects on Binance for you: APE , FLOW , XTZ , SAND , CHZ , THETA , AXS , MANA , CAKE , IMX , SUSHI , STEPN, GALA , TLM , BSW , DAR. Traders, take a more detailed look at these altcoins.
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
Bearflag - MANA-USDT (Decentraland) please read
Above, there is a bearflag that has formed over the last few months📆⏳
we are currently testing the bottom of this structure, if we break down↘, I have some targets listed above on chart📉🆗
Mana (currency of Decentraland ,)💧👨🦰👧👦🏬 is a token that is used to buy and sell virtual land in this metaverse much like Sandbox .
Decentraland current marketcap rank is #54 , with 734million dollar valuation and only about 8,000 DAU (daily active users) 👇👇
This is not a lot compared to other metaverse worlds like Sandbox 🛕🏝🏟 with almost 40,000 users a day and Alienworlds 🖖👽🛸 well into the millions of registered users...
This has concerned some holders and users as of recent, and we are looking for more traction around this metaverse to manifest.
As for now, the fear in the market being high and prices at record lows, we can expect to see further decrease in price before a recovery.
3HR view ☃⭐
Weekly view 👀👋
Related article⏩ futurism.com
🛑This is not financial advice🛑 Above are approximate targets based on fibs and major trend-lines etc. I always recommend looking at multiple charts when making a big investment, thank you!
Jazerbay ☯
Thank you so much!
$SAND - The Sandbox Road Map : Beyond Technical Analysis$SAND - THE SANDBOX
On a Weekly Chart
LONG POSITION -MOMENTUM STRATEGY - SWING
12.11.22
1221H +8 SINGAPORE
Disclaimer:
The findings of the following analysis are the sole opinions of the publisher of this idea and should not be taken as a piece of investment advice.
My Published Ideas are not 100% Accurate. Many given factors at a given time can change the forecast.
ALERT:
Forecast Entries for a BULL SWING. Long-Term Entries Only
Smart money wants a REBOOT of 2018 and all is possible for the forecasted entries based on the character of the market Let us see how price action reacts on a DAILY chart to our BOXES.
INSTRUCTIONS:
HOW TO USE THIS MINIMALIST CHART (Bento Box)
"Follow the white rabbit!"
Just Follow the TOPS and BOTTOMS of the BOXES as a GUIDE to where the MARKET will take you.
If it cannot break a TOP or BOTTOM of a BOX, It signifies a reversal of a trend.
TARGET ZONE IDENTIFICATION:
The LARGE BOXES (Tops and Bottoms) are MAJOR turning points that will occur sometime in the future. While the SMALL BOXES (Tops and Bottoms) are MINOR turning points. These can be entries to a BUY/ SELL POSITION, EXIT/PARTIAL EXIT/TOP-UP AREAS, as well as Support and resistance levels
Also includes the MAXIMUM TARGET EXIT AREA OF VALUE (Conservative) If price action and conditions are right at that given moment.
NOTE:
1. That PRICE TARGETS for ENTRY and EXITS are DYNAMIC and can CHANGE from time to time.
2. Created using data on a MONTHLY, WEEKLY & DAILY Analysis of a MARKET'S CHARACTER.
3. My BENTO BOXES are designed for SWING TRADES at the LOWEST or START of a SWING CYCLE.
4. At times I will include a WAY BEYOND PARABOLIC PRICE TARGET, depending on The Character of the Market (CRYPTOS ONLY).
5. DYOR for your Fundamentals, Volume, Chart Patterns, Candlestick Math, FIB COILS ( ABC ), Price Action, FIB LEVELS, Market Dynamics, AB=CD Pattern especially institutional and retailer trading psychology.
Hoping that this BENTO BOX CHART ANALYSIS will efficiently help you with your DYOR as we Enter a NEW SWING CYCLE for LONG positions, either short, mid, or long term.
Wishing you all The Best Trades and Thank you for your Appreciation and Support of My Work.
Many thanks to My 3 Mentors. They are so much of a Blessing that I also wish to share my knowledge.
Vive Le Autist!
SANDBOX ⌛🦜 Time for a Rebound 🏴☠️☠Time to look at Sandbox again as the price is breaking higher
0.59 is now solid support and we will remain Long (my stop loss at 0.584)
4 Main Targets to be hit:
0.788
1.006
1.435 and eventually even 1.711
NEWS:
For Playboy’s 69th birthday, the lifestyle brand, in collaboration with The Sandbox Metaverse, is releasing its first original NFT collection, The Playboy Party People. On December 2022, 1,969 NFT Avatars will launch on The Sandbox Metaverse. Let’s dive into the collection and the future utility of Playboy Party People.
Sounds like fun. Especially if Rate Hikes will be eased and we can jump back on the Metvarse fun.
One Love,
The FXPROFESSOR
This trend can remain bearish!SAND had a weak downtrend during the past week. After breaking the support range of $0.65-0.75, its price has hit more important support in the range of $0.48-0.54. Although the encounters were associated with a positive reaction, strong rebound power was not observed. Also, we are still in the descending channel and near the midline of this channel. So, according to the dynamic midline support, if the selling pressure increases again in the market, the possibility of breaking this support and falling to the range of 0.33 to 0.39 dollars will increase.
Also, strong support in the range of $0.197-$0.160 is considered for SANDBOX, which can hit this range momentarily and react positively if the strongest selling pressure is created. A downward trend is clearly observed in the 4-hour period. Therefore, until buyers attempt to break the resistance of $0.60 and test the resistance of $0.70, this trend can remain bearish.
SAND/USDT - LONG----- Welcome, dear followers! -----
- Here is my trading methodology. I trade with a normal system and analysis of resistance and support, as well as price reversal patterns.
- For the record, I do not place a stop loss within my trades. So that I only risk 1.5% of my total capital in order to support the loss due to a price reversal against me.
- If a price reversed against my expectation and touched the drawn line r3, then I transferred targets to the entry point and waited for the price to close at it with a loss equal to almost zero.
- Today's deal is shown in the chart, and here are the entry and exit points below.
-- Support me with numbers and follow up on my account for other deals in the future. Thank you for coming to this part. --
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⚡️⚡️ SAND/USDT ⚡️⚡️
Exchange: ByBit USDT
Trade Type: Breakout (Long)
Leverage: Cross (3.0X)
Entry Orders:
1) 0.8519 - 100.0%
Take-Profit Orders:
1) 0.8792 - 60.0%
2) 0.9017 - 30.0%
3) 0.9353 - 10.0%
Trailing Configuration:
Stop: Breakeven -
Trigger: Target (1)
SAND | Descending Channel Breakout..!!
#SAND (Update)
Finally, Historical Descending Channel Breakout/Retest done after Long Consolidation.
Looks Very Solid for Midterm Hold, Expecting +250-320% Bullish Rally.
Please like the idea for Support & Subscribe for More ideas like this and share your ideas and charts in Comments Section..!!
Thanks for Your Love & Support..!!
No Lambo but maybe...Gucci? 👜👠🇮🇹In February, Gucci announced it bought land in The Sandbox metaverse , and last week it launched its first event. The Gucci Vault Land event will be available for two weeks until November 9.
At the same time, Gucci has launched eight voxel digital collectible clothing items available in The Sandbox. Or, as Gucci put it, “Within the experience, Vault will present a selection of digital collectibles to portray its ongoing pursuit of precious wonders.”
Plus, existing owners of Gucci Vault NFTs, such as the SUPERGUCCI, will receive a special Aura NFT wearable.
The fashion business opportunity in the metaverse
Stepping back, the ongoing experimentation of fashion brands in the metaverse is hardly surprising. Fashion, and especially luxury fashion, is a status symbol. While some might wear it for themselves, most want to dress to impress. For now, nobody sees you when you use social media. But over time, social media is likely to migrate into the metaverse. So how you dress your avatar will matter.
The latest research shows that people spend almost two and a half hours a day on social media. That’s considerably more time than they spend IRL socializing. Logically, in the future, people may choose to spend more money dressing their avatars than themselves.
Morgan Stanley estimate that by 2030 luxury goods in gaming, the metaverse and NFTs could be 10% of the market or a €50 billion ($50bn) revenue opportunity. It’s also a high-margin one because there’s no need to produce and ship the goods physically.
Toe in the waters
But for now, two things impact fashion brands engaging in the metaverse. First off, there are only a few people in the metaverse. For now. So Gucci doesn’t want you wandering into their Gucci Vault when it’s mainly empty. Instead, it’s exploring the metaverse with events, gathering people together at the same time. And The Sandbox is running quests in the game which earn Gucci Vault Boxes to keep people engaged.
This isn’t Gucci’s first metaverse experience. Last year it ran a two-week Gucci Garden event in Roblox. It also partnered with the Tennis Clash game and the Korean Zepeto chat app and virtual worlds.
That leads to the second challenge. Luxury fashion brands are notoriously fussy about production values and details. The Sandbox is currently a voxel format – those pixelated characters. In contrast, the production values of Zepeto and Roblox were far higher. To its credit, Gucci has managed to overlook that and is willing to experiment.
And it’s not the only one. During New York Fashion Week, the Council of Fashion Designers of America (CFDA) announced a collaboration with The Sandbox. In December, it’s planning a metaverse showcase that will include Ralph Lauren, Donna Karan, Oscar de la Renta, and several other famous labels.
Meanwhile, these incumbents face competition. Web3 is notoriously a major disruptor. If they’re willing, fashion brands should easily be able to embrace the metaverse and profit from it. But they most certainly are encountering web3 competition. For example, The Fabricant is a new web3 fashion brand that boasts Vogue as a client, and Nike snapped up RTFKT. Where the incumbents have millions of existing customers, the challengers are experts at building online communities and tapping into web3 culture.
So, brands like Gucci must be willing to experiment as it has. The luxury house already has multiple non-fungible token (NFT) collections under its belt, including a collaboration with SuperPlastic for SUPERGUCCIs.