SANDUSD
SAND new price levelSAND after a few days, wakes up and we see a new price level, the next few days will show if this level will be defended, the situation on the chart looks very good
SAND sideways trend and slow stabilizationSAND looks stable at the moment, the support line has not been broken, we will see how strong the impact of BTC will be on the situation of SAND on the chart
SAND - Trend-Following Buy Setup!Hello everyone, if you like the idea, do not forget to support with a like and follow.
SAND is overall bullish and now approaching a strong demand zone in green so we will be looking for buy setups.
on H4: SAND is forming an inverse head and shoulders pattern, but it is still an idea.
Trigger => Waiting for the right shoulder to form then buy after a momentum candle close above the gray neckline.
Meanwhile, until the buy is activated, SAND would be overall bearish can still dive inside the demand zone before going up.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
SAND - Possible Cup and Handle, and TP/SL BYBIT:SANDUSDT
1H trend chart
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SAND is forming a potential cup and handle pattern on 1H
We can see accumulated volume are gathered around the orange zone.
If price can take it out (Fib 1), we can have a great risk-reward ratio with trading strategy as below.
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Profit Targets:
a) 5.4476~5.5155----Fib(1.272~1.382)
b) 5.6616----Fib(1.618)
c) 5.8969----Fib(2)
Stop losses:
a) 5.0535-----Red horizontal ray
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SAND Talked about it the end of November 🤯🍕🍣Good morning to all traders,
we had discussed sand towards the end of November when I was expecting a good retracement to enter below $5.
I think that moment has arrived since we are in a descending channel with various support zones, the first of which is around 4.60 usd but it is not certain that it will hold. As always I will behave accordingly waiting for a confirmation or the reaching of my areas of interest (Support and the POC).
Falling Wedge Breakout for SAND/USDTSAND/USDT just broke above the very clear falling wedge in the 4H , which started its formation around the 29th of November.
Currently waiting for a retest on the trend line to enter a LONG position.
My SL will be set a little bit below the base of the triangle and my TPs as seen on the chart.
SANDBOX, Huge Reversal-Pattern Indicates PARAMOUNT BREAKOUT!Hi,
Welcome to this analysis about SAND/SANDBOX and the 4-hour timeframe perspective. When looking at my chart we can watch there how SAND has initiated this main descending-channel-formation marked with the blue boundaries and the wave-count reaching from A to C to the downside. Now SANDBOX also established an important support base within the 4.855 level from where several bounces occurred also matching coherently with the lower boundary of the descending-channel and the ascending-trend-line marked in dashed grey. Now as SAND bounced off the 4.855 USD Level marked in orange SAND continued to develop a main double-bottom-formation with the first bottom and the second bottom already completed. If SAND now manages to hold the structure appropriately and bounce off within the range this can be an appropriate origin for a breakout to the upside which will offer the first descending-channel-breakout-setup and once this happened when SAND continues with further bullish-demand-increasing it will show up with the second confirmation above the neckline of the double-bottom. Both confirmations will activate the main upper-target-projection as a target-zone and once this zone has been reached the situation needs to be elevated anew, it will be an important development ahead.
In this manner, thank you for watching the analysis, it will be great when you support it with a like, follow and comment for more upcoming market analysis, all the best!
"Good fortune is when opportunity meets preparation."
Information provided is only educational and should not be used to take action in the markets.
Keep an eye on SAND - We could see a break to the upside soon!Here's a quick Look at SAND 4 hr chart. As we can see, the price has been forming a bigger descending triangle and we could see a break to the upside soon. The best entry would be, when the price breaks above 5.8$ with good amount of volume. Definitely one to keep an eye on.
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The idea is: Buy when the price breaks above 5.8$ and take profits at the levels shown in the chart.
Targets:
1. 6.2$
2. 6.7$
3. 7.6$
4. 8.4$
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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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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
SAND can fly from this zone! Buy just in this caseSAND Short term Analysis
SAND is near a strong support zone, So this can be a good opportunity for buying this strong project's coin here.
4.5$ is a strong support zone, so you can buy one step near that area, The safest buy is when breakout has completed. So you can buy in retest.
If we lose this strong support zone, The next target will be 3.5$ zone.
🔔SAND/USDT Long opportunitySAND is trying to break out, volume isn't convincing but still there is a lot of potential upward movement to be made. If we manage to break out and re-test in order to make confirmation then it shall fly or it can fly without retest. There is a GC on 1hr timeframe on MACD which allso suggest upward movement, RSI is in bullish zone.
Always manage your risk well. Don't risk more than you can afford to lose.
It is not a financial advice, I'm just sharing my personal view.
SAND Short 200 DEMA denial I am calling a short term short on SAND based on the recent 200 DEMA denial coming on strong volume on my one hour chart. As pointed out in my chart this is the second strong denial of the 200 DEMA in the last handful of days.
SAND just does not simply look ready for a breakout, I believe it will continue to trade in this current channel until the fear/greed index starts moving out of "extreme fear" and towards neutral/greedy.