SANDBTC
✅ SAND (Analysis)SAND recorded a good growth of 16% among other altcoins yesterday. With the support of buyers, it has managed to break a significant resistance in the range of $ 1.18 to $ 1.26; if the price stabilizes above this range, given that a downtrend is also breaking, then move The uptrend can continue up to the resistance level of $ 1.5.
SAND long ideaIve been grappling as to what is happening with SAND today.
It is higher up on coinmarketcap, so i feel that when we do get a breakout it won't be as volatile.
Im suggesting two overhead resistance (diagonals). One is from more recent price action and the other goes further back, more macro. Im thinking that recent price action is more important, and therefore its actually the resistance line to the right (that we are yet to encounter, that is more important).
Looking to take longs in the box below, expecting some consolidation in price action before we see a break of the horizontal resistance and a rally to the overhead diagonal resistance line.
The Sandbox (SAND) - June 17hello?
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(SANDUSDT 1W Chart)
Below 1.5294 is likely to be a mid- to long-term investment area.
So, whether it can move higher than 1.5294 is the key.
(1D chart)
In the short-term and medium-term perspective, it needs to rise above the 1.2907-1.5294 section to turn into an uptrend.
So, we need to see if we can find support and move higher above 0.7189.
An important volume profile section is formed around 0.2204.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move accordingly as price and volume move.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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SANDUSD Buy Above Downtrend LineThis chart shows periods of sharp growth followed by a down period
So far the pattern has repeated twice
A third up move is up coming next if the pattern repeats again
This will most likely occur once price breaks the orange downtrend line
Price once upward break out will most likely reclaim the weak yellow uptrend
Weekly Chart
SAND/USDT Technical Analysis overview#SAND Chart Analysis:-
- $SAND trying to bounce from support because now holding $1 support levle.
- If hold $1 Support then we can see $2.10 ( 100% Move from here
- Below $1 is super bearish and expect to Test $0.5 and $0.2 ( we can expect more then -50% dump below $1
- Placed Stop Loss after opening any trade because Market is very volatile.
thnak you
SAND DESCENDING TRIANGLE PATTERNSand is looking bullish…. But for now, I want the market to make one last pullback to eat already entered buyers SL’s and then what can happen is that SAND can take support from its demand zone and can continue to go on to break the descending triangle pattern upwards…
I am thinking of entering around 2.40 - 2.45 level….
1st Target → 2.55
If it keeps on going, then I'll think of trailing my stop loss and continue the ride…
Hope you like it and plz press the follow button to support my ideas (:
(((((NOT A FINANCIAL ADVICE)))
BINANCE:SANDUSDT
SANDUSDT SETUPSANDUSDT price has reached a confluence zone of Fib level and EMA 400. This area is critical for bulls to retain as on breaking there is no major support available. So, we are expecting the triangle squeezing and support may attain some accumulation and an upward surge will start soon.
SANDUSDT, The price has consolidate below the resistanceHello everybody
Im sure that anyone know about what is sandbox in crypto ? and what do they do in metaverse ?
If you dont know or dont hear about SAND, go and learn at first then investing in crypto
According to the chart and last analysis that we published, the price is moving until now in upward channel from the begining of making.
As you can see the price broke the support level and it changed to resistance and now the price is doing to consolidate itself to accept the level and its ready to continue move downwards.
The trend is going in downward and it better to take short position.
The price can drop to the pivot main support level that we shown it on chart, if you wanna take in position please dont forget use stop loss and observe to capital management.
Good Luck
Abtin
Previous analysis :
I GUESS IT IS QUICKSAND? - METAVERSEIt's been a while since our last idea.
We're looking at SAND/USDT today.
In our previous SAND analysis, we predicted a drop down to these current levels and potentially further down, and we've been spot on so far as shown below:
Question is will we drop further down?
Well, as you can see from today's analysis in the chart above, SAND is currently trading at strong support zone, also in line with the bottom of the ascending channel. Should we close below this, a drop down to the blue zone is very much likely with 0.9 being our worst case scenario(provided the First Wave Extension Scenario confirms).
In our last update we also showed that price action was forming a bullish pennant, but failed to get anything out of it. Now this support region is the last go for the bulls to make a comeback.
Whilst we should average down at this level, we want to see a drop further down to preferably 1.5-1.2 region for large buys.
When we see price trading within the purple zone, we will have confirmation of a breakout and ATH's imminent as seen in past price action.
June 15 & July 7 dates are potential dates to watch for a bottom or for price to enter the purple consolidation zone depending on how the market responds.(Don't depend on the dates)
If you agree pls like and share and comment your thoughts below.
Feedback is always appreciated!😉
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.
SAND swing trade setupA little go at a swing trade.
SAND has been consolidating at this fib retracement level or the macro up trend for a while now. It hasnt gone lower which is a good sign.
On the lower time frame we can see this swing trade setup with a higher high, and potential higher low.
Stop will be below the lower low.
If it feels too risky here, you could go long on the break and retest of the resistance (sort of neckline here). (Option 2 that is)
Or you could even go long here, take any immediate profit and then sit on the neckline for re-entry.
One of my first goes at reading a swing trade so fingers crossed.
Just double checking the SAND/BTC pairing for good measure. It too looks like it has been consolidating without going lower. There seems to be a bullish divergence on the 1 day chart. Nice to see a bit of confluence as always with the BTC pairing.
SANDUSDT Can Bullish?Sand in 1d; The price is in a triangular pattern, which according to the support range and trend line that I drew, we have the possibility of the price jumping to one of the two sides of the pattern. If the pattern breaks upwards, we will be able to climb to the $ 3.8 and $ 4.5 ranges. It is recommended to enter if the template is broken up.
It is also updated with loss of analysis support.
its not Buy or Sell SIGNAL
DYOR
BY : Mohamad Teriz - @AtonicShark