#Sandbox #SAND and the $2.70 mark - Doctor, how bad is it?Sandbox (SAND) and the $2.70 mark - Doctor, how bad is it?
SAND lost the important volume mark and might now fall with huge speed since we miss volume below this mark until the $1 level.
All bulls must hope for a fakeout followed by re-entering above $2.70.
What do you think?
Drop me a nice comment if you'd like me to analyze any other cryptocurrency.
*not financial advice
do your own research before investing
SANDUSD
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 :
SAND/USDT : Huge sell signal is about to trigger !BINANCE:SANDUSDT
Hello everyone 😃
Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it!
$SAND has formed a Flat bottom triangle and now it has reached the bottom's support zone.
The formed demand here has held the pair four times and now it's the fifth attempt of break.
Based on five break-out attempts; There's a high chance for bears to take the lead below the local demand.
- Also two bullish trendlines are located right below the current rate of market price:
Based on the chart above, If we get the closings below the demand zone, Then it's more likely for bulls to lose their bullish trendlines neither...
This can become a great opportunity to locate our Short on a proper retest of the broken demand zone or the broken trend zone/line!
This idea comes with a clear Short Setup :
Trading setup :
🔻 Entry Pointes : $2.562 ( On Retest after daily closings below )
📍Targets : $2.25 - $2.00 - $1.75 - $1.44
🟥 Overall stop-loss : $2.9 ( Daily closing above )
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@Helical_Trades
SANDUSD ❕ downtrend testingAfter the previous SAND idea, the price has come to a level beyond which there is not much liquidity, but there is also no increase in volume when falling, and volatility is decreasing. I expect a false breakout of the support level, fixing above it and maintaining changes in volatility and volumes, and after reaching the resistance level.
SAND - Wait For The Trigger!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
SAND is sitting around a strong demand zone in green so we will be looking for buy setups.
on DAILY: SAND formed a valid symmetrical triangle but it is not ready to go yet.
Trigger => Waiting for a momentum candle close above the last high in gray to buy.
Meanwhile, until the buy is activated, SAND would be overall bearish and can still trade lower inside or even break the green demand downward.
In this case, we will be looking for buy setups around the blue demand zone.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
SANDUSD ❕ range tradingAfter the correction, price began trading in a range between 100MA and 50MA on the 4H Timeframe. The trading volume has decreased and there is a large liquidity above the price, so I expect a retest of the resistance level, fixing under it and reaching the target indicated on the chart.
New entry idea for SAND! - Keep an eye on this setupHere's a quick Look at SAND daily chart . As we can see, the price has been forming a bigger descending triangle and the price is at the apex of the triangle! The price is very close to a bigger break to the upside. The best entry would be, when the price breaks above the descending triangle with good amount of volume . Definitely one to keep an eye on.
The market might shift soon, and big gains could be coming our way!
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The idea is: Buy when the price breaks above the descending triangle and take profits at the levels shown in the chart.
Targets:
1. 3.4$
2. 3.75$
3. 4.4$
4. 5.5$
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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/USDT - Potential 74% SetupHello Traders!
SAND has been moving in a downtrend for a long time. The price has found support near the $2.73 level. RSI on the exit from the bearish zone, the price is approaching the breakdown of the downtrend.
Counting on the exit of the asset from the long correction, it is possible to work short-term from purchases, looking for such purchases can be in the price range of $2.72 - $3.00.
The targets for such purchases will be price levels of $4.00 and $4.74.
Close the deal using stop-loss only in case of price decrease below the price level of $2.05
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
Sandbox (SAND) and the $2.70 markSandbox (SAND) and the $2.70 mark
At this price level the volume in the first half of November 2021 was by far the biggest.
See how the price reacted so far at this level.
Good accumulation point on the one hand... bad if we loose this support on the other hand.
Who would buy here dear Crypto Nation?
Drop me a nice comment if you'd like me to analyze any other cryptocurrency.
*not financial advice
do your own research before investing
Keep an eye on SAND!Here's a quick Look at SAND daily chart . As we can see, the price has been forming a bigger descending triangle and the price is at the apex of the triangle! The price is very close to a bigger break either way. The best entry would be, when the price breaks above the 3.05$ with good amount of volume . Definitely one to keep an eye on.
The market might shift soon, and big gains could be coming our way!
-------------------------------------------
The idea is: Buy when the price breaks above 3.05$ and take profits at the levels shown in the chart.
Targets:
1. 3.4$
2. 3.75$
3. 4.4$
4. 5.5$
-------------------------------------------
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."
-------------------------------------------
If you like the content, then make sure to comment and like the post :D
Follow me for daily profitable trading setups
BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
The Sandbox (SAND) - April 10hello?
Traders, welcome.
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Have a nice day.
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(SANDUSDT 1D Chart)
(buy)
- After confirming the support in 3.0743
(Stop Loss)
- When it falls below 2.7 and receives resistance
(Sell)
- When resistance is received in the section 4.0944-4.3942
- When receiving resistance near 5.4081
A move above 3.0743 is expected to result in a sharp move.
------------------------------------------------------------ -------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet.
(Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** 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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SAND🏖️ out of the box📦Sandbox seems to be breaking up out of this triangle 📐 and if successful I think there is chance for run to 5.4 and even higher.
ENTRY : local high @ 3.362
STOPLOSS (SL) : local low @ 2.99
TARGET (TP) : height of the triangle projected from midpoint of the local range (BUY STOP-LIMIT - SL) @ 5.4
REWARD RISK RATIO (RRR) : 5.0
INVALIDATION : when SL level hit
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⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.