Crypto SAND SANDUSDTView on Crypto SAND SANDUSDT (5 Sept 2022)
SAND is in the range bound play recently and we are some value in the long term perspective.
For the near term, I'd say it shall retest the recent resistant of 1.35~1.40 region.
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" "Comment".
Thank You!
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Sandusdt
SANDUSDT.P trade idea - 4H Ichimoku levelsHere we trade SANDUSDT using 4H Ichimoku levels/zones.
What do we see?
- price made a higher high
- RSI appears to remain bullish (higher high)
It further looks like we did not yet reach our take profit area. We might therefore expect a higher push, towards zone 1.
For our entry, we identified what looks like a gap in the 4H Ichimku conversion line (Tenkan sen, bleu line). Indicated by the arrows left on the chart. We draw a zone and yes, it looks like we did find support on that level. We enter for a long position with 25% of our budget, 1x leverage. Take profit on zone 1. Stop loss below the next support level underneath our zone.
Remember: this is just an idea, NOT financial advice. Please do NOT take this trade, as it may run into a loss. Only take trades that fit YOUR plan and/or risk tolerance. Happy trading!
The Sandbox | Same As Polkadot (65%+ Potential Target)This is the second one of the two Altcoins, Polkadot (DOTUSDT) and The Sandbox (SANDUSDT).
The charts are very similar, almost identical.
For SANDUSDT, we do not have a bullish divergence on the RSI but the RSI is above 57, which is strong/bullish, even while a new low has been hit just days ago.
This is a strong bullish signal.
EMA21 is being challenged now as resistance while on the 30th of November SANDUSDT managed to break and stay above EMA10.
The law of alternation comes into play here when looking at the bottom pattern and the coming upwards correction.
The June/July low was V shapped, while this time it is rounded.
These signals can lead to higher prices.
The support level, light blue, can be used as the stop-loss.
The target is set above 65%.
Namaste.
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 sell short idea . Greetings from Team : Trading The Tides.
Lets discuss a short sell oportunity on (SAND)
Target area for initiating short :0.617
DCA Limits : ,0.65 , 0.67
TP : 0.565
SL : Not gonna end up with stop loss , its a risky trade use less margin and lev (2x max )
Hold Time : swing
Technical Chart Pattern: Descending triangle
Posible liquidity area : mentioned on chart
Rules :
We use big capital with less leverage .
Max leverage : 3x
Better take trades with 1x.
We only post the exact setup we are following for the trades .
But DYOR .
Not a Financial Advice !
From Team :
Trading The Tides
Like , Share ,Follow
Thanks a lot and see you soon on the next trade .
SANDBOX the last chance (bottom) and the range market 📖🚀Hello 🐋
Based on the chart, the price is close to the major support (bottom) or better to say the previous zone that started its amazing pump to the upside ✔️
we
expect to see gain besides the range market is acceptable scenario too 📖💡🚀
and
if the price break the rang area to the upside, we will see more gain 🚀
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
SAND dropping down to below $0.88A clear Descending Triangle Pattern had shown up and breakout clearly.
Stop loss 2.88
Entry 2.51
Take profit $0.88
Risk Reward Ratio 4.74
We are in a bear cycle in both Crypto and Equity market, I'm going to stick to the plan and see if we can reach the target.
#NOT FINANCIAL ADVICE#
SANDUSDT Analysis (potential Inverse H&S)Hello friends.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you!
Everything on the chart.
Entry: market and lower
Target: 1.2 and ~1.4
after first target reached move ur stop to breakeven
Stop: ~0.715 (depending of ur risk). ALWAYS follow ur RM .
Risk/Reward: 1 to 3
risk is justified
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.