Sandusdt
SANDUSDTSand has broken above the falling trendline and formed a Marubozu close candlestick pattern, which is a bullish sign. It has a bullish divergence on the daily chart as well (the divergence is a bit weak). It needs to attract some volume which, in my opinion, will increase once it closes a daily candle above 3.38. You can either enter now (a bit-risky although) or after it closes above 3.38 for the target of 4.43 and 4.82.
Time to get excited?Here's a quick Look at SAND daily chart. As we can see, the price has been forming a bigger descending triangle and a break to the upside could be around the corner! The price is very close to a bigger break to the upside. The best entry would be, when the price breaks above the 3.45$ 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 3.45$ and take profits at the levels shown in the chart.
Targets:
1. 3.85$
2. 4.4$
3. 5.7$
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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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SANDUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the daily time frame. The price has moved down to the support zone. There are two scenarios. The price can go up to the first resistance and if rejected, it will move back down and if broken, it will move up to the next resistances where you can save profit. If the support zone is broken, it will fall further.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
SANDUSDT Analysis (LOCAL VISION)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: 3.9 and 4.3
Stop: under 2.8 (depending of ur risk). ALWAYS follow ur RM .
after first target reached move ur stop to breakeven
Risk/Reward: 1 to 2
risk is justified
Good luck everyone!
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It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
SAND Potential Swing Long Set UpThe first and second green fib retracement lines will be the entry zones. Depending on the market in the following weeks and months, Sand could potentially come back down to retrace the 0.5 level or even the 0.618 in which new entries could be placed.
The purple fib levels will be your take profit. Take note, in the scenario in which price actions of sand goes up without hitting the purple take profits fib levels, take some profits.
A SHORT TRADE FORMING IN SAND FOR INTRADAY LEVELSBy the looks of it, SANDUSDT is forming a good trap for buyers. If everyhting goes my way, then I think that we might see a false breakout of the current resistance level at 30 min timeframe, makes a bullish candle in order to trap buyers to enter a LONG position.But the problem is that there is a continuing resistance trendline which started from 9th March. What I think is that SAND will take resistance from there and I am planning of entering a short trade whenever the right time comes and with a decent Stop Loss.
If u can relate to my planning, then please Like, share and follow my channel. (NOT A FINANCIAL ADVISOR)
THANKS (:
IS THE SANDBOX MADE UP OF QUICK SAND? (BUY ZONES!!!) METAVERSEGreetings Investors!
Today we consider the trading pair SAND/USDT
Alright, Lets begin!
Sand has seen impressive price growth since it's listing back in August last year, forming an Ascending Channel that price has continued to respect each time it has been tested.
Question is, will it respect it this time?
Taking a Look at our RSI, a bottom formation started to form while also creating an accumulation range in price action, and confirming with a second bounce on rsi support before a breakout from the range. Growth was 1537% from above the range.
Soon after, Sand will go on to form Resistance for it's current channel (both on price and RSI) marking a top and confirming it with a mini acuumulation in Price and RSI(blue circle), before getting rejected bact to the channel's support, breaking below the 50 level rsi as well as it's trendline and confirming a bottom with multiple bounces in the oversold region.
Finding a bottom on wave 2 correction, Price seems to be replicating the same pattern on the RSI and price action after a wave 3 top.
Each accumulation range from breakout to top had diminishig returns, hence multiple range forecasts shown depending on if it's time to go down or if we test resistance one more time.
ENDGAME:
Wait for price to either return to RSI oversold region or Channel support for Buying action.
ATR Bands suggest a sharp move is incoming as well.
Should the two not sync this time around, do not rule out Fifth Wave Extension Bottom Scenario.
If you agree with this idea, Please leave a like & share🙏 as well as your thoughts in the comments section.
As always, feedback is appreciated🙏
NOTE: DURATION OF WAVE FORECAST MAY BE INACCURATE!
#SANDUSDT looks prime for 250% Rally!Welcome to this quick SAND/USDT 1day analysis in the chart.
I have tried my best to bring the best possible outcome in this chart.
Reason of trade:-#SAND/USDT looks triangle pattern create and 250% Rally confirm and long term hold!
Entry:-$2.6470
$3.1290
Target:-250%
Stoploss:-$2.2614
With leverage 3x to 5x
And long term hold and good profit 😉🙂😊✈️✈️
Q:-What do you think about this?
Do you think we will see a new ATH of SAND in the next quarter?
Share your views in the comment section.
Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
Thank you...
SAND into a descending wedgeI don't own SAND, I just checked it as it's an important metaverse token and I've noticed this descending wedge. I think this is a spot where those interested could start accumulating. I'd buy something now (20-30%) and then I'd wait to see how market reacts and if price pierces over EMA 200, if price creates a support on EMA 200 there you can buy more.
BB is showing a contraption which indicates a possible move in the next days, probably before starting buying you can even wait another day or two to see what happens as the contraption is happening at daily timeframe and doesn't look imminent.
Ah, indicators show a bullish DIV.
Good luck