Sandusdt
SANDUSDT |Today's Review|Hello trader Today I prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
The last deal worked as planned, now you can roll over to long
My plan for a trade entry from the local trend line $1.2791
Stop-loss, as always, hid behind the trend line $ 1.2345
Take profit will be removed according to the situation, approximately $ 1.43
Profit to all, do not forget about your risk management!
SAND - Trade setupHey Guys,
Update on Market
No one knows what's going to happen. Trading is all about being able to read between the numbers, it's an art which empowers us to be able to make decision upon understanding the market. This world works on patterns, everything you come across will have a pattern, they say world is full of randomness, yes it is until we actually figure it out, the one who make good decisions are the one's who observe first. Try to understand what's going on in the market and take action accordingly.
Today Trade Setup
Falling wedge pattern, Sand had been trading in this pattern from past 5 days, In technical study of the market falling wedge concludes only one thing - "The trend is weak" therefore it's been moving with the decreasing volume or relatively low volume which results in trend reversal soon. Now we are at that phase where upward breakout is likely in favour, until and unless any external factor effects the market sentiment. So this is my trade setup for SAND against USDT, once i got breakout confirmation I'll dive into the market. Plan your trade accordingly.
Disclaimer : Make note that anything provided here is not a financial advice, trade accordingly.
SAND - Think Outside The SANDbox!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
SAND rejected a strong demand zone and round number 1.0 so we will be looking for buy setups on lower timeframes.
on DAILY: SAND formed a valid inverse head and shoulders but it is not ready to go yet.
For the bulls to take over, we need a momentum daily candle close above the gray neckline and red trendline.
🎯Targets => Our first resistance / target would be around 2.65 so I will be monitoring price action there.
If we break it upward (purple projection) then a movement till 4.7 would be expected.
Meanwhile, until the buy is activated, SAND can still trade lower inside the demand zone.
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
SANDBOX- Updated ChartMy updated SANDBOX Chart shows support at 1,31
Most likely i forsee a rise to 1.36 or even 1.43 targets.
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One Love,
The FXPROFESSOR
Fake Breakout 1.You can diagnosis fake break outs with RSI divergence 2.One of good setups is wedge setup. Don't forget you can open position on third touch to trend line when you have divergence in RSI 3.Trend is your friend until it don't finish but here I didn't open position because I didn't have good r\r
SANDUSDT Breakout could be very profitableHey Traders, Hope your'e well. Sand has spent several months in an accumulation range. Within the range we have seen a deviation through support and back above. We have confluence with trendline support below price action supporting the move. It still needs to break out above the sloping trendline. Im watching it on the daily and H4 charts. Dont jump in to trade too early and make sure you use good trade management. gl
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.
-
Targets:
1) 1.4313
2) 1.5136
3) 1.5468
Stop:
1) Breakout uptrend
SANDBOX - Market Feels Like Sand at this stage againGreek song for everyone:
'It's bad to build palaces on (with) sand'
Lyrics:
Everything that starts nice ends in pain
Broken hearts know that well
It is bad to build palaces in the sand
The tide will make it pieces
We start life with a thousand dreams
They are broken by pain and jealousy
It is bad to build palaces in the sand
The tide will make it pieces
We both bitterly cry our misfortune
The lost love, our gone first joy
It is bad to build palaces in the sand
The tide will make it pieces
Technical Analysis:
Support lost and now resistance at 1.30$
Unlike yesterday the price seems unable to fight it's way back up.
A test of 1.17 support should be in place.
In the meantime the markets could turn Red again on raised geopolitical concerns as well as fears about the global economic slowdown.
Take it easy today, we are choosing some extra shorts positions this week.
One Love,
the FXPROFESSOR
SAND/USDT - Cup&handle Pattern - perfect buy zone for LONG!We're gonna get seemingly a Cup&Handle Pattern soon.
Now we're in a perfect buy zone, for both shorter- and longer- term in my opinion.
If we can defeat the previous high later, my target would be around 1,06 USDT, as marked on the chart.
Good luck!
LONG
SANDUSDT Coin Reviewhello trader Today I prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
- There is a possibility that against the backdrop of Bitcoin correction, SAND will be able to test the ascending channel support zone again with a subsequent rebound.
Write your comments and put likes
Sand - Short after riseReasons to take short:
⭐️ BTC rose a lot, pullback is needed
⭐️ Slowly squeezing to the level
⭐️ Impulse is too sharp
⭐️ No power to update local high
⭐️ Volume left the coin
⭐️ Under VWAP
Will enter when price squeezes to the level on 5m timeframe, the base will form and the tape will get faster.
If you don't understand the previous sentence, just use swing stop-loss 3-5%
Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
What's left, hold to the maximum
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
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