Sand Forms clear Flag formation target $9,61*Descend trend broken on 4H daily frame
*forms nice flag formation , target $9,61
* price got support from 55 EMA then pullback
*Also, Sandbox game has Alpha Raffle starting from November 29 to December 20. They can create nice volume these days
Please read this first !
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
Regards
Sandusdt
SAND TO $8After the long rally, SANDUSDT fall for correction and now formed a Falling wedge which is a bullish continuation pattern. If we see the break of the falling wedge, and the candlestick close above/outside the falling wedge pattern, then the rally is about to continue.
Remember, this is not a financial advice, always do your own research.
SAND / USDT 1HHere is how I would trade SAND / USDT 1H, symmetrical triangle pattern.
If the price breaks the upper line of the triangle - I recommend that you wait for a solid confirmation - then enter a long position.
Take profit ideas:
TG1 - 6.69$
TG2 - 7$
TG3 - 7.34$
TG4 - 7.6$
TG5 - 7.84$
TG6 - 8$
TG7 - 8.3$
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I keep it simple and clean!
Likes, comments, and follows are dearly appreciated.
Let me know what you think and which ones you would like for me to analyze next.
Trade safely!
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About The Sandbox:
"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."
Source: Coinmarketcap.com
SANDUSDT , We are going to ...Hello everyone
SAND is one the most powerful token that is working in metavers and gaming base .
According to the chart you can see and our last analysis of SAND , We shown that the price was in upward channel and is going up after pullback and correction was completed , the price break the channel and went more up than channel , Now at this time we have break wave and according to that we need correction , we shown 2 zone that is the best price to buy and hodl it for the new ATH target , When the price come to our buy zone area and buy activate , the first target is that shown on chart
We try to analysing and updating the more target for the price in future
If you have any question just ask us and send us messages
Good Luck
Abtin
SAND is so close to breaking out! Keep an eye on this setup!Here's a quick Look at SAND 1 hr chart. As we can see, the price has been forming a falling wedge and we could see a break to the upside soon! Keep an eye on this falling wedge!
The best entry would be, when the price breaks above 6.8$ with good amount of volume .
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The idea is: Buy when the price breaks above 6.8$ and take profits at the levels shown in the chart.
Targets:
1. 7.1$
2. 7.4$
3. 7.75$
4. 8.5$
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What Is a Wedge in the context of trading?:
"A wedge is a price pattern marked by converging trend lines on a price chart. The two trend lines are drawn to connect the respective highs and lows of a price series over the course of 10 to 50 periods. The lines show that the highs and the lows are either rising or falling and differing rates, giving the appearance of a wedge as the lines approach a convergence. Wedge shaped trend lines are considered useful indicators of a potential reversal in price action by technical analysts.
Key Takeaways for Falling wedges:
1. Wedge patterns are usually characterized by converging trend lines over 10 to 50 trading periods.
2. The patterns may be considered rising or falling wedges depending on their direction.
3. These patterns have an unusually good track record for forecasting price reversals."
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
SANDUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in a 4-hour time frame.
As you can see, the price is fluctuating inside a rising flag and below the resistance line. If it can break that up, it can move towards our target.
It is also possible that it will start moving upwards after hitting the first support line. We have drawn a third support line, which can be a good area to buy for long-term.
Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position.
Wish you luck
What do EPIK, SAND, AXS, MANA, WAX, ONE & FLOW have in common???The answer is easy! Animoca Brands!!
Animoca Brands is a leader in the field of digital entertainment, specializing in blockchain, gamification, and artificial intelligence technologies to develop and publish a broad portfolio of mobile products including games such as The Sandbox, Crazy Kings, and Crazy Defense Heroes as well as products utilizing popular intellectual properties such as Formula 1, Marvel, Garfield, Snoopy, Thomas & Friends, Power Rangers, MotoGP, and Doraemon.
Animoca Brands' portfolio of blockchain investments and partnerships includes Lucid Sight, Dapper Labs (creators of CryptoKitties), WAX, Harmony, and Decentraland.
“Animoca Brands’ investment into Epik is part of an ongoing and powerful synergistic partnership,” said Animoca Brands co-founder and chairman Yat Siu. “Together we are stronger. We look forward to expanding our presence in brand licensing, gaming, and metaverse ecosystems.”
Animoca Brands was recently valued at over one billion USD!
now lets' look at the Market Cap of the cryptos above!
SAND: $5,80Bil
AXS: $7,85Bil
MANA: $8,81Bil
WAX: $1,31Bil
ONE: $2,88Bil
FLOW: $3,75Bil
EPIK: $63Mil you got that wright! 63 Million, while all of the above are in the Billion range!
So what is the upside for EPIK Prime in your opinion???
TWT / USDT Daily chartHad to come back and do another analysis on TWT / USDT, this time on the daily time frame.
Big Symmetrical triangle pattern.
I recommend that you wait for a solid confirmation - then enter a long position.
Take profit ideas:
TG1 - 1.25$
TG2 - 1.30$
TG3 - $1.36$
TG4 - 1.42$
TG5 - 1.51$
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I keep it simple and clean!
Likes, comments, and follows are dearly appreciated.
Let me know what you think and which ones you would like for me to analyze next.
Trade safely!
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About Trust Wallet Token:
"Trust Wallet Token, or TWT, is a simple BEP-20 utility token that provides a range of benefits and incentives to Trust Wallet users. Trust Wallet itself is a mobile cryptocurrency wallet that supports dozens of popular native assets, in addition to popular tokens on the Ethereum , Binance and TRON blockchains.
Holders of TWT tokens unlock a variety of benefits when using Trust Wallet, including discounts on in-app cryptocurrency purchases and on the use of decentralized exchange (DEX) services. TWT holders can also participate in the governance of Trust Wallet and can vote on Trust Wallet update proposals, helping to shape the development of the app."
Source: Coinmarketcap
GALA 1H Symmetrical TriangleHere is how I would trade GALA / USDT 1H.
If the price breaks the upper line of the triangle - I recommend that you wait for a solid confirmation - then enter a long position.
Take profit ideas:
TG1 - 0.71$
TG2 - 0.73
TG3 - 0.75$
TG4 - 0.78$
TG5 - 0.81$
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I keep it simple and clean!
Likes, comments, and follows are dearly appreciated.
Let me know what you think and which ones you would like for me to analyze next.
Trade safely!
------------------
About Gala Games:
"Gala Games aims to take the gaming industry in a different direction by giving players back control over their games. Gala Games mission is to make “blockchain games you’ll actually want to play.” The project wants to change the fact that players can spend hundreds of dollars on in-game assets, and countless hours spent playing the game, which could be taken away from them with the click of a button. It plans to reintroduce creative thinking into games by giving players control of the games and in-game assets with the help of blockchain technology.
Players can own non-fungible tokens (NFTs) and influence the governance of games within the Gala Games ecosystem. The Founder’s Nodes voting mechanism allows players to influence what games Gala should develop and what games should get funding. Besides buying NFTs for specific games, Gala Games also utilizes GALA – its own utility token. So far, Gala Games has released one playable game – Town Star and an NFT collectible series – VOX. It plans to release more games in the future, such as a fantasy RPG game, a sci-fi strategy game and a tower defense game."
Source: Coinmarketcap.com