Cardano : KEY SUPPORT ZONE : $ADAThe price is currently fluctuating in the very important range of $ 1.2 .
If this key support is not lost , with the break of the downtrend , we can expect growth to the levels has shown on the chart .
Follow our other analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 20.DEC.2021
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
Sandusdt
SAND is not sand, SAND is diamond Seem BINANCE:SANDUSDT is in the correction wave.
It has done wave A at $4.2
Next, wave B is happening after that wave C will turn down to $3.15, perhaps.
Because wave C = 1.618 Fib wave A.
Finally, the final impulse wave is going up to $15 up to $20. WHY???
I figured out Fibo Clusters in range $15-20. Need to patient!!!
Time will tell
SAND - Possible Cup and Handle, and TP/SL BYBIT:SANDUSDT
1H trend chart
-
SAND is forming a potential cup and handle pattern on 1H
We can see accumulated volume are gathered around the orange zone.
If price can take it out (Fib 1), we can have a great risk-reward ratio with trading strategy as below.
-
Profit Targets:
a) 5.4476~5.5155----Fib(1.272~1.382)
b) 5.6616----Fib(1.618)
c) 5.8969----Fib(2)
Stop losses:
a) 5.0535-----Red horizontal ray
-
If you like this analysis, smash the "like button" and leave a comment below to share your thoughts
or let me know what crypto you want to see!
Trading is a reflection of yourself. Learn more daily and be ready for every opportunity.
Have a nice trading!
Get Sand Ready Goooo!Potential upward trend identified for SAND, based on few indicators:
1. Manage to hold onto the support level of $4.60
2. Selling pressure is diminishing
Great time to enter SAND at the moment, and if the correction is done at this level, we are ready to thrust $9 price level.
Entry: $4.8 to $5.1
SL: $4.3
Target: $9 (mid to long term)
Please show your support by giving a like and follow. If you have different opinion, appreciate for your constructive view.
I may do charting upon request
$SAND HOLDING ON TO THE UPTREND- Although SAND continues its movement within the falling channel, it seems to hold on to the uptrend drawn in black. I think that with the upward break of the channel (which is my expectation), the price will see 8 again, and then 10. In an opposite scenario, the price may go to the 3.50 - 3.70 range under the channel.
- SAND düşen kanal içerisinde hareketine devam etse de siyah ile çizilmiş yükseliş trendine tutunmuş gözüküyor. Kanalın yukarı kırılması ile ( ki benim beklentim o yönde ) fiyat tekrar 8 dolar, sonrasında ise 10 dolar seviyelerini görecektir diye düşünüyorum. Aksi bir senaryoda ise fiyat kanal altında 3.50 - 3.70 aralığına gidebilir.
SAND Talked about it the end of November 🤯🍕🍣Good morning to all traders,
we had discussed sand towards the end of November when I was expecting a good retracement to enter below $5.
I think that moment has arrived since we are in a descending channel with various support zones, the first of which is around 4.60 usd but it is not certain that it will hold. As always I will behave accordingly waiting for a confirmation or the reaching of my areas of interest (Support and the POC).
SANDBOX- Updated ChartSANDBOX updated chart after the storm.
Chart shows support but mind the resistances ahead.
Interesting article:
Metaverse Investors Compare Decentraland and the Sandbox to Manhattan in the 1800s :
“We think the Fashion District purchase is like buying on Fifth Avenue back in the 1800s … or the creation of Rodeo Drive…”
good stuff,
the FXPROFESSOR
Falling Wedge Breakout for SAND/USDTSAND/USDT just broke above the very clear falling wedge in the 4H , which started its formation around the 29th of November.
Currently waiting for a retest on the trend line to enter a LONG position.
My SL will be set a little bit below the base of the triangle and my TPs as seen on the chart.
Keep an eye on SAND - We could see a break to the upside soon!Here's a quick Look at SAND 4 hr chart. As we can see, the price has been forming a bigger descending triangle and we could see a break to the upside soon. The best entry would be, when the price breaks above 5.8$ with good amount of volume. Definitely one to keep an eye on.
-------------------------------------------
The idea is: Buy when the price breaks above 5.8$ and take profits at the levels shown in the chart.
Targets:
1. 6.2$
2. 6.7$
3. 7.6$
4. 8.4$
-------------------------------------------
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."
-------------------------------------------
If you like the content, then make sure to comment and like the post :D
Follow me for daily profitable trading setups
BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!