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Sandusdt

SANDUSDT DOWNTREND CONTINUATION OR REVERSAL ? Hello Traders, 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! - Checking our 1D time chart frame we can see that SAND is in bearish mode that began in November 2021, price action has responded to a descending trendline and tumbled 75.4% from the All-Time High of $8.44. The traders are actively selling at this upper trendline, restricting any significant bull run. -On the other hand, the buyers had defended the $2.6 support since last quarter, preventing any excessive loss. Thus, the price action got sandwiched between the descending trendline and stiff support, yet buyers failed to hold this important support level and the price went down to psychological support 2$ , moreover on April 30th the sellers managed a daily candle closing below the $2 support, suggesting another leg down. However, this breakdown was not that significant, and the price jumped above $2 soon after. The $2 support is an important support level ( demand zone ) as well acting as an psychological support . - I suggest 2 scenarios : - Bullish scenario : Buyers will try to push the price again to S/R $2.6 , breaking this level will give us a sign that buyers trying to take control and will push the price higher in order to break the descending trendline which it will be our trigger for bullish reversal uptrend - Bearish Scenario : In attempt for a pullback , buyers are facing a stiff S/R $2.6 and 20 EMA acting as dynamic resistance to this price which will cause the price to dip again to level support $2 then price would accumulate for a certain time or even price can continue its downward move to level support $1.11 . Until now SAND is still trading in bearish mode until a new confirmation from buyers , will be watching 1D candle close above this level support $2 to take an idea where the next move would take in Good Luck Traders!
by Johnny_a88
📊SAND: is huge PUMP coming? Half-year downtrend come to an end!🎯Sandbox (SAND) is one of the top game-fi projectsand has been in a downtrend for 161 days. The price has fallen from the highs by 78%. Traders with margin positions were liquidated on the last DUMP - this is shown by Volumes. 🔶 On the chart I have marked such important zones: support zone - $1.99-$2.20 huge value zone - $2.47-3.35 value zone - $3.97-$4.33 I mark these zones with horizontal volumes. If you don't know how to use them, let me know in comments! I`ll make a education idea for you! The price rebounded from the $1.99-2.20 support zone and broke the trend line. But a local pullback is possible. Globally , it is important to look at the price reaction when the global trend line is tested. If the price starts pushing under it, it is very possible for SAND to reach the zone of $3.96-4.33. After such a long downtrend, many traders and investors closed their positions at a loss or break-even and do not want to buy, although if Bitcoin continues its uptrend, the price may renew its ATH. Friends, press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU. P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.
by Yuriy_Bishko
5
X100 Potential In The Next Cycle!Epik Prime is an epic coin. With more than 300 video gaming clients, Epik is the leading global NFT licensing technology company putting brands into video games to produce premium digital items and experiences for over one billion gamers worldwide with the largest digital ecosystem with hundreds of the world’s most popular entertainment brands. Epik is widely considered to be the blockchain industry leader producing collaborations for premium licensed digital collectables, NFTs and exclusive experiences powered by an interoperable proprietary cross-chain technology. Epik was the first and only NFT company to do any deals with AAA gaming companies for NFTs. Clients include ViacomCBS, Warner Music, Garena, Tencent and Universal. Also Epik Prime is the part of Animoca Brand portfolio which consist many projects that had insane rallies in the previous cycle such as, Sandbox Axie Infinity Flow And now Apecoin! Animoca Brands has insane connections. Couple months ago they got funded by George Soros and their valuation rised to 5b USD! This company will be one of the leading crypto portfolio companies in the future and Epik has a wide range of use. FOr example they are branding NFTs in Sandbox and Axie Infinity for huge companies. Epik have a huge upside potential for the next cycle! Right now 4 cent seems to be bottom and a pretty good buy zone for Epik!
Long
by thegreatwall38
2
SANDUSDTHI guys I'm here with a new analyze of The Sandbox coin Is forming a compound correction and the place of it is Wave 4 The first section of corrective phase is a Zigzag and the second one is a Flat Flat has 3 waves(a,b and c) that are shown in red in the box named Flat on chart The wave C of Flat has made of 5 elliot waves that 3 of it has formed and we will have wave 4 and 5 At the end of the wave 5 we can open a long order we can find the end of the correction(the wave 4) with pitchfork or fibonachi clusters
Long
by Mahsamahdavi_trader
2
SAND DESCENDING TRIANGLE PATTERNSand is looking bullish…. But for now, I want the market to make one last pullback to eat already entered buyers SL’s and then what can happen is that SAND can take support from its demand zone and can continue to go on to break the descending triangle pattern upwards… I am thinking of entering around 2.40 - 2.45 level…. 1st Target → 2.55 If it keeps on going, then I'll think of trailing my stop loss and continue the ride… Hope you like it and plz press the follow button to support my ideas (: (((((NOT A FINANCIAL ADVICE))) BINANCE:SANDUSDT
Long
by angad2797
2
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 :
Short
by Abtin00
2