COCOS / USDT 1H - Bull pennant, loading up strong move?COCOS / USDT 1H. Price has been consolidating, ultimately creating a bull pennant pattern. The bull pennant pattern will most likely continue the upside pattern. Also, note that the volume has been steaming off. We will see a significant increase in volume if a breakout should occur. COCOS has been performing like a beast. Will we eventually see a strong move upwards?
If the price breaks the upper line of the pennant - I recommend that you wait for a solid confirmation - then enter a long position.
Take profit ideas:
TG1 - 4$
TG2 - 4.7$
TG3 - 4.77$
TG4 - 5$
TG5 - 5.38$
TG6 - 5.75$
TG7 - 6.1$
TG8 - 6.5$
------------------
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 COCOS:
"Cocos-BCX is a public blockchain platform aiming to create a complete run-time environment for games with multi-game system compatibility, providing game developers a user-friendly platform for blockchain game development. In addition, Cocos-BCX aspires to bring users complete control and transparency over in-game virtual assets.It is building a development environment with gaming experience and game economics in mind. Game developers can easily migrate conventional games to the blockchain without the need to learn blockchain programming languages."
Source: Binance
Sandusdt
sand analysessand usdt analyses
time frame 4 Hours
we can see green uptrend line( short term) between two creme uptrend line (long term)
we can see when price hits green line , price reacts and grows
also we can see when wave is going up in indicator in bottom of chart . when price hit the green line
sorry for my very very bad English but I hope it was useful for you
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
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$
------------------
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 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 .
-------------------------------------------
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$
-------------------------------------------
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."
-------------------------------------------
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!