SAND/USDT Elliott Wave count 45min TFSAND may move to the upside with a Head and Shoulders pattern.
Wait for a clear breakout at 0.8984 to entry long with take profit at next resistance if this upisde move is a corrective pattern WXY.
It also may move more to the upside if this is an 12 12.
Good luck!
SANDUSD
SANDUSDT - Descending Broadening Wedge Pattern!SANDUSDT (4h Chart) Technical analysis
SANDUSDT (4h Chart) Currently trading at $0.947
Buy level: Buy after Breakout
Stop loss: Below $0.844
Target 1: $0.985
Target 2: $1
Target 3: $1.2
Target 4: $1.4
Max Leverage 3x
Always keep Stop loss
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SANDUSDT | BREAKOUT LEVELDecentraland and SandBox could offer another breakout from the horizontal level.
Sandbox looks like it can offer huge spike to more than 2.5$ if it manages to close above 1.5240 level.
We have seen a clean breakout from the falling resistance previosuly on 25th june but since then price remain in the range and unable to break 1.5240$
What do you think of the idea?
SAND - Buying signalBYBIT:SANDUSDT
4 Hours chart
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SAND is consolidating with lower highs and higher lows in a triangle.
Currently it is approaching to the downtrend again, we can open partial position at 1.315, 1.245 or wait for breakout.
If it can take out the downtrend line and close above it, targets as below.
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Targets:
1) 1.4313
2) 1.5136
3) 1.5468
Stop:
1) Breakout uptrend
✅TS ❕ SANDUSD: resistance✅✅SAND has reached the resistance level. The price was already falling below the level. I'm expecting a bounce down.✅
🚀 SELL scenario: short to 1.1482.🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
SANDUSDT 1h Retest TradingWe always have to trade on grounds.
There are two points of view from the current position: retesting and descending in the sky blue upward trend line and retesting and descending in the red downward trend line.
The upward view is to test the sky blue upward trend after breaking through the red downward trend.
We can implement a response strategy at the test point.
SAND/USDT - Potential Short ScenarioHello Traders!
The SAND price is moving within the descending trend. At the moment, the price is testing the lower boundary of the resistance zone - the level of $1.41. It can be assumed that the purpose of the current price rebound within the framework of the downtrend will be a partial or complete collection of liquidity in the resistance zone of $1.41 - $2.00.
Based on the analysis of senior timeframes it is possible to assume that after liquidity gathering downward pricing on the asset will continue.
It is interesting to connect to medium-term purchases in a range of $0.33 - $0.55
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
SAND/USDT Secondary trend. Wedge.Deadline 1 day. Logo diagram. Secondary trend forming a wedge. The price of his resistance.
The percentage for medium-term work until August 4 is shown in the chart.
Coin in the coin market: SAND
The reversal zones and the main levels on which the development of the trend will depend, I showed on the chart.
Everything is the same, but on a line chart (trend direction).
I want to note that the price of excess profits has been in the main trend since the beginning of trading, the coin is quite fresh.
If the mirror level of the “wedge support” (gray zone) is broken, then a huge potential for short-term work opens up. But at the moment I'm working with a wedge.
Observe risk management in your work, and it is very important - limit potential losses with the help of a stop loss, this is very important for such excess profits. But, do not be greedy, take into account the intraday volatility of the trading instrument.
The main trend of this cryptocurrency.
SAND/USDT Main trend.
SANDUSD ❕ local correctionIn general the SAND is now positioned for a bullish setups, BUT its current position is more disposed to a local correction.
The token is near the upper boundary of the range.
On the 1H Timeframe price and RSI have formed a bearish divergence.
TD Sequential has formed a reversal signal down at 30m Timeframe.
I expect a correction after fixing under the support level.
SAND Swing trade opp$SAND Short opp with potential Triple top(TT) around daily supply zone.. As long as price doesn’t break $1.35 I expect Bears selloff to retest June lows at $0.95 and $0.73, first target $1.05..
If Today Closes below $1.19 it’ll trigger the TT short..
Break above $1.35 will invalidate TT and instead trigger Bull flag long opp with measured move target at $1.82..
Eyes on the Charts..