SANDBTC trade ideas
SAND BTC Fib Ext & Rising ChannelRepetition of the previous pattern to the upside in the channel.
Bullish hammer on the daily, giving indication of a move to the upside.
Can we get a fib level of 1.618 to the upside before a pull back?
Thinking about going long once breaking above the 1227 line.
See it through to 2049 or wait for it to touch the channel?
Either way, with a solid bounce off the lower trend line good % for TP on the way up.
SAND/BTC
SAND/BTC
(SAND 4hr chart) Currently in a healthy retracement bouncing up and down of this downward trend line waiting for it to hit my buy zone and show wick rejections or
show strong signs of it holding Support. Sands been performing very well over the last month still very bullish on it. Need bitcoin to behave it self otherwise we all know what happens to alts once bitcoin starts moving
Waiting on bullish divergence on the RSI
Entering on double bottom patterns in my buy zone
Entering if it breaks the downward trend line and retest
Views on pending patternsLooks like there's some heavy buying as well as selling pressure around 725-760 sats. The .786 might hold but I see a retest at 600 as more likely unless the bull pennant that is taking shape comes to fruition; even then though, to reach beyond 900 with no retests would leave us with a very tired looking chart. Overall, I see plenty of growth here but the profit margins on eager longs might be left without much padding. Time your positions, set your stops, ????, profit.
I've charted 3 possible paths SAND might take along these micro-view patterns; more heavy emphasis was placed on maintaining continuity with more well-established trend lines.
The Sandbox (SAND) Grows 355% In 7 Days, Over 222% in 24 Hours Finally, we have The Sandbox (SANDBTC)...
This type of growth is what I see coming for many of the altcoin charts that I read before.
Here we have over 355% growth in the past 7 days and ever 222% in just under 24 hours... This is massive.
I see many pairs with charts that are pointing to similar bullish action.
Remember, you shouldn't trade these charts... It is better to step back and have a plan in place before trading.
After the action already starts, the risk is higher and the complexity of trading increases...
But, if you buy low and near support, the rest is just waiting and the risk is minimal compared to when we already have massive growth.
Namaste.
SAND looking good hereThis is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info how to study and read charts or just need help with some coin, just write to me here personal message, i will try to answer to everybody... i can help you :) all for free, don't worry, BE HAPPY!
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SAND-BTCSand has 2 strong resistances in front of it, if it closes on top of the first one, I believe it will pursue for the second one. There is also a strong shoulder-head-shoulder formation before it. It could be a great opportunity for a long if it drops on the weekend after closing on top of the first resistance. Drawing is a bit off in terms of time