The Sandbox (SAND) - July 5Hello?
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(SANDUSDT 1W Chart)
It is important to be able to rise above the 1.2898-1.5294 section.
(1D chart)
Resistance: around 1.5294
The key is to find support above 1.0829 and move above 1.2898.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move accordingly as price and volume move.
However, for convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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Sandusdt
Forecast for a long SAND position for a good profitEntry into the position at the level $ 0.445 -0.41. This can bring you great profit. I place a limit order. I set up the chart and indicators. I follow the movement of the crypto market and will publish further instructions as exchange prices for cryptocurrencies change.
sandusdtFrom the apparent and new data, the price is currently forming a corrective flat action only, not a new real rise, and that the decline is continuing again for another support area that will be stronger, and all the data has been clarified on the chart.
Note: I am only sharing my point of view and what I see, and it may be wrong or right, so make your own analysis
Good luck
I expect SAND to move towards the 0.382 Fibonacci level.Hello everyone!
I suggest considering entering positions based on the current values on Sandbox.
Recently, the asset managed to break and sustain above the 200-day moving average EMA, and then break the global resistance level in the ~$0.49 range.
The following targets are in place:
$0.7 - +36%
$0.8 - +56%
$1.01 - +99%
Please note that this is not financial advice, and any actions you take are at your own risk!
SAND/USDT Trading IdeaBelow is a trading idea for the SAND/USDT pair.
Since the beginning of October, this asset has shown a consistent upward trend. Starting at $0.2739 and reaching a current high of $0.5970 , it has grown by more than 114% . The trend line, acting as support, confirms continued interest from buyers in this coin, having held up through three significant approaches. Currently, the asset is undergoing a correction after hitting a local price peak.
The idea is to consider buying the asset if the price drops below the Value Area High and approaches the level close to the support trend line.
The trend's stability is confirmed by the continuation of the upward movement after the correction from the local peak, accompanied by noticeable increases in trading volumes. After entering a position, the first target is considered to be $0.5992, with the second target at $0.7178.
Sandbox (SAND): Metaverse with Biggie's LegacyDec 9
Hello Virtual World Explorers!
👋 The FXProfessor here, bringing you the latest buzz from Sandbox (SAND), an Ethereum-based metaverse game making waves with its innovative collaborations.
The Notorious B.I.G. Experience in The Sandbox:
🎤 A tribute to the legendary rapper, Notorious B.I.G., is now live in The Sandbox. This collaboration brings a unique Brooklyn, New York-inspired area to the metaverse.
🕹️ Dubbed “Breakin’ B.I.G.,” this experience allows players to interact with Biggie’s avatar in a 2D, arcade-style world, engaging in quests that reflect the rapper's iconic legacy.
New NFT Avatar Collection:
🖼️ Alongside the B.I.G. experience, Sandbox is set to release a new NFT avatar collection, further bridging the gap between the crypto world and popular culture.
🌉 This update marks a significant expansion of Warner Music Group’s social hub within the game, offering a rich, interactive Brooklyn environment for players.
Sandbox's Metaverse Vision:
🚀 The Sandbox continues to push the boundaries of what's possible in virtual worlds, integrating elements of music, culture, and gaming.
🌐 These collaborations exemplify how blockchain technology can merge with entertainment, creating immersive experiences that redefine user interaction in the digital realm.
My personal Take:
🌟 Sandbox's ability to blend iconic cultural elements with cutting-edge blockchain technology showcases its potential as a leader in the metaverse sector.
💭 Imagine the possibilities as we witness more such innovative collaborations in the metaverse, transforming how we interact, play, and commemorate legends.
Stay curious, dive into the metaverse, and let's explore the endless possibilities that Sandbox (SAND) has to offer!
One Love,
The FXProfessor 💙
Link: decrypt.co
#SAND/USDT#SAND
The price has broken out of the large descending triangle since last March
The trend was retested and returned upward, supported by the rise of Bitcoin
Looking at the previous triangle patterns, each breakout is strongly bullish
We expect a strong rise after breaching the current triangle
With an initial goal of 170%
After that, we expect a second goal of 250%.
All of this is due to the rise of Bitcoin to reach strong areas soon
SAND/USDT Break out the Bullish pattern. Ready to continue UP ??💎 SAND is currently in the spotlight within the market, achieving a breakout from a bullish flag pattern. It is now approaching a local resistance point at $0.425. Should SAND successfully break through this resistance, it could pave the way for a continued ascent towards a stronger resistance area.
💎 However, if SAND struggles to surpass this resistance, it may face a downturn, leading to a retesting phase at the demand zone between $0.4 and $0.41.
💎 In this demand area, it's crucial for SAND to exhibit a strong bounce. Failure to do so could result in the loss of this zone. If such a scenario unfolds, SAND could then be heading towards a test at the support level around $0.357.
💎 A particularly concerning situation would arise if SAND also breaks down from this support level, which could lead to a continued downward trajectory towards a more substantial demand area.
SAND/USDT Had a Good Run | 👀🚀What's Next for the SAND?💎 Paradisers, turn your attention to SANDUSDT, which is currently showing a promising setup in the demand zone, enhanced by a recent Market Structure Shift (MSS). This configuration indicates a considerable potential for a bullish trend.
💎 In examining SAND's pattern, Sandbox has a notable track record of breaking above its descending trendline, a clear signal of bullish trends. Presently, it's confronting a significant Bearish Order Block (OB) challenge, with ongoing momentum above the EMA100, aiming for supply targets at $0.61 and $0.70.
💎 Given the ever-changing nature of the crypto market, SAND traders should be ready to adapt to different scenarios. Should the anticipated bullish breakout not materialize, shifting to a rebound strategy from the support level at $0.38 will become crucial.
💎 If SAND falls below this support level, a change in strategy will be imperative, signaling the need to rethink the bullish perspective and adjust trading strategies to align with the new market conditions.
💎 Stay alert and tactically prepared, Paradisers. Your ParadiseTeam is dedicated to providing you with insightful analysis and guidance, ensuring you make well-informed trading decisions in these dynamic market scenarios.
🏖️ SAND's Bullish : Descending Wedge BreakoutThe crypto seas are witnessing the rise of Sandbox's native token, SAND, as it navigates a bullish pattern amidst market dynamics. In this exploration, we dive into SAND's chart, unveiling a compelling narrative of a descending wedge and a strategic reaction to a weekly imbalance.
Chart Analysis: The SAND Dunes Unveiled
SAND's recent price action has painted a fascinating picture on the charts, with the formation of a descending wedge—a classic bullish pattern signaling potential upward momentum.
Key Observations:
Descending Wedge Overview:
SAND's price movement has been confined within the walls of a descending wedge.
This pattern, characterized by lower highs and lower lows, often precedes a bullish breakout.
Strategic Response to Weekly Imbalance:
SAND has exhibited a noteworthy reaction to a weekly imbalance point.
Imbalance zones often act as catalysts for price reactions, serving as pivotal levels for traders.
Critical Levels: SAND's Journey to $1.6
Wedge Breakout and Liquid Pool at $1.6:
The breakout from the descending wedge is a crucial milestone for SAND.
The $1.6 level marks a significant zone where a liquidity pool has congregated.
Potential Scenarios: SAND's Expedition to $1.6 and Beyond
Wedge Breakout and Momentum Surge:
A confirmed breakout from the descending wedge could trigger a surge in bullish momentum.
Traders are keenly eyeing the $1.6 level for potential liquidity-driven movements.
Validation through Imbalance Response:
SAND's acknowledgment of the weekly imbalance further validates the bullish narrative.
A combination of technical patterns and strategic reactions enhances the confidence in potential upside movements.
Trading Strategy: Navigating the SAND Dunes
For traders considering SAND in their portfolio:
Wedge Breakout Confirmation: Wait for a clear breakout from the descending wedge before entering positions.
Targeting $1.6: Identify strategic entry and exit points around the $1.6 level, considering the liquidity pool dynamics.
Risk Management: Implement effective risk management strategies, given the inherent volatility in crypto markets.
Conclusion: SAND's Ascent and the $1.6 Oasis
As SAND charts its course within the bullish descending wedge, the $1.6 level emerges as a potential oasis—a liquidity-filled pool awaiting exploration. Traders and enthusiasts are watching closely as SAND seeks to transcend its current patterns and dance to the rhythm of a potential bullish symphony.
🏖️ SAND Analysis | 📉 Descending Wedge Breakout | 🎯 $1.6 Liquidity Oasis
❗See related ideas below❗
Have your grains of SAND ready for the bullish tide? Share your thoughts, analyses, and predictions in the comments, contributing to the collective wisdom of the crypto community. The journey through descending dunes brings forth the promise of upward momentum for SAND enthusiasts. 🚀🏝️💚
SAND is ready for a deep correctionAltcoins that have a large market cap indicate that a correction is coming soon.
The SAND chart also seems to have completed its diametric wave F and we will soon see a drop for wave G.
We have a very large liquidity pool on the lower left side, which we marked with an arrow. It seems that the goal is to hunt this pool and then change the trend.
SAND target 0.564h time frame
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SAND is creating a potential bottom head and shoulders, the right shoulder hasn't been formed yet. Currently, 0.37 achieve the condition of HS, but shall notice another possibility that SAND go back to 0.35 to make the low of right shoulder.
I will provide another trading plan if SAND reach 0.35, and now we can follow this plan which targets as below.
TP: 0.56 / 0.66
SL: 0.381
SAND/USDT It required Break to continue Upward movement !!💎 SAND has indeed caught the market's attention with its remarkable ascent. It is currently facing a challenge in breaking through the supply area at $0.4, and there are clear signs of bearish rejection in this area.
💎 If it fails to break through this resistance in the near future, there's a possibility that SAND could decline and retest the demand area around $0.339 to gather new momentum. However, if SAND successfully breaks the supply area, it opens the door for further upward movement and the probability to reach our target in the supply area.
💎 In the bad scenario, if SAND retraces to the demand area at $0.339 and doesn't show signs of a bounce, it suggests a potential breakdown of the demand level. If this occurs, it indicates a bearish momentum, and there's a possibility that SAND may continue its descent, possibly returning to the strong support area.
SAND/USDT Had a Good Run 🚀| What's Next for SAND?💎Yello, Paradisers! turn your focus to SAND/USDT. We've spotted some compelling price dynamics. A standout observation is the rejection from the bearish OB, shedding light on the asset's potential direction.
💎From our latest analysis, SAND has successfully broken away from a descending trendline, setting its sights upward. We're currently anticipating two possible scenarios:
💎The Sandbox might undergo a slight retracement, finding support and bullish drive from the demand level at 0.3386, with an aim to challenge the bearish OB once more.
💎If SAND faces challenges in holding its ground above the .3936 demand mark, it's likely to seek bullish support from the .3386 demand zone. Yet, if it drops below this level, bearish movements could be on the horizon.
💎Always stay alert and craft your strategies based on these potential outcomes. Refine your trading decisions for SAND with ParadiseFamilyVIP.