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)
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Sandusdt
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
Time to short Sand - again?In this post, a quick look at the SANDBTC pair, price action seems to show little to no effort to try and get past the Tenkan sen. In the past days it's found temporary support (dark blue line) while making lower highs, in a descending triangle fashion although I won't consider it as such because I prefer starting to count the lower highs within the triangle after the price has first found support, so just consider the orange dotted line as a simple resistance; nonetheless, the message conveyed by the price action stays the same, and I see no will to fight back from buyers. One thing that could argue for a reversal is that we've traded quite far away from the Kumo cloud for a while now, and the current price is a "fairly big but not huge" 12% away from the 25D MA: nothing really meaningful though until we get a clear sign of reversal from the PA, I believe. Ultimately, bias seems to be bearish for now. I probably won't be taking any trade myself for the moment, this post is for an information purpose mainly.
SAND Short SetupSAND Short Setup
Sell Momentum
Please noted this setup is HIGH RISK because its already hit fibo 1,68 (Take profit of sell momentum area)
Entry:
Sell market high risk
Sell limit 4.2082 - 4.3809
Target:
TP1 4.0355
TP2 3.7561
TP3 3.3040
Stoploss:
You decide
Always do your own research!
SAND UPDATE: A 70% RALLY, SOON.Welcome folks to my new update on SAND/USD.
If you are viewing my post for the first time then do hit the like button and graciously follow as well. I share updates on the crypto market including margin trading, futures, spot, and scalping. All ideas are my biased opinion and I invest in my own risk. I don't force anyone to buy or sell, I simply share my ideas absolutely for free and it is your sole decision whether to trade on it or use it to understand the market.
Talking about SAND/USD, the current position is close to the lower trendline and for your information, the last time when SAND hit this trendline, it bounced back and rallied up to 78%. This time SAND can make a similar move only if it manages to hold the $2.65 support level. I am expecting a 70% rally if the market gets bullish. We have a lot of events coming up for SAND which is huge.
So, let's keep an eye on this. I am gonna buy some on spot for now and in futures after confirmation.
What do you think about SAND? Will it rally 70% or get rejected?
Let me know your views in the comment box.
I'll see you guys on my next update until then trade safely.
Thank you.
The Sandbox Analyze (Road Map)!!!🗺️What Is The Sandbox (SAND) ❗️❓
Launched in 2011 by Pixowl, The Sandbox is a blockchain-based virtual world allowing users to create, build, buy and sell digital assets in the form of a game. By combining the powers of decentralized autonomous organizations (DAO) and non-fungible tokens (NFTs), the Sandbox creates a decentralized platform for a thriving gaming community.
According to the official whitepaper, the Sandbox platform’s main mission is to introduce blockchain technology in mainstream gaming successfully. The platform focuses on facilitating a creative “play-to-earn” model, which allows users to be both creators and gamers simultaneously. The Sandbox employs the powers of blockchain technology by introducing the SAND utility token, which facilitates transactions on the platform.
The Sandbox Analyze ( LUNAUSDT ) Timeframe Daily ⏰ ( Log Scale )
Location 🌊: The Sandbox has passed the main wave 3 at 8.48$ . And then it started the main wave 4 In the form of Falling Wedge Pattern . I tried to show the end of the main wave 4 on my chart. So if you want to add The Sandbox to your portfolio , you can wait for it to break the Important Downtrend Line .
Where is the end of Main wave 4 ❗️❓
🎯 Target 🎯: Around 2.22$ probably at my TRZ ( Time Reversal Zone )
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy , this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
⌛🦜 SANDBOX Targets: 3,8$ and 5,4$ 🏴☠️☠Our updated chart on SANDBOX.
3,8$ and 5,40$ are our targets for the next months.
The project is great. here are some news about it:
Snoop Dogg Drops 10,000 Playable Sandbox Avatar NFTs – Mint a Unique Doggie and Explore the Metaverse in Style
Gucci is doubling down on its commitment to the metaverse.
The designer clothing brand announced on Wednesday that it’s bought an undisclosed amount of virtual land on the decentralized blockchain game The Sandbox.
Sounds and looks good to me, fundamentally and also on the chart. Time to go higher again? Why now!
One Love,
the FXPROFESSOR
SANDUSD: Long term movementHello Traders, here is the full analysis for this pair , I suggest you keep this pair on your watch-list and see if the rules of your strategy are satisfied.
If you enjoyed this free analysis and it was useful for you, like it and share it with your friends.
Please leave your comments below this post
SAND on a free fall but there is hope to hit the moon.The market fall has affected many assets.
SAND has retraced to FIB 78.6 level from its recent high that happened 9th Feburary 2022.
SAND is rested on the trend line and Fib78.6 are both. Hence the level is an important one to watch out for.
MY TAKE:
1. Break through the support level to $3.1 - $3.0 zone. Of if the sell off continues, I will add acquire some more of this asset at $2.6 zone.
2. The bull run will come back and ride this asset back to the lower TL, break through and push to $3.5 zone and beyond. With this, the assets I bought today will be in good profit.
Remember, fundamentals can turn the ball around.
🙏🙏🙏 Thanks for coming around, YOUR LIKES, FOLLOW, COMMENTS AND CRITIQUES will be appreciated
SAND, squeeze and breakout as a good buying opportunity. A key level of $3.28 can be highlighted on the SAND chart. At the moment, this level acts as resistance. The price has already tested this level several times, with each test the resistance is weakening. This means that a breakout might occur soon.
A squeeze and breakout could be a good buying opportunity.
Write in the comments all your questions and the instruments you want to see analyzed.
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.
(dashusdt) T.F(4h) TA (2/24/22) Which scenario?📈📉 As you can see, the short trend occurred according to the previous forecast
Now two more scenarios
1. Bull: Price return to 100
2-Bear: Continue the trend to Fibo 78 in price (63)
⚠️ This Analysis will be updated ...
📊 #dashusdt(DASH)
💹 Time Frame : 4H
👤 hosein alizadeh
📅 2/24/22
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️