Triangle formed, this can go either way.Descending triangle is normally bearish indicator. But I am open to this going both ways. Will have to wait - not too long.
SANDUSD trade ideas
SAND LONG FINISHING PATTERNSand bounced off of a support 3 times, and is at the end of a flag pattern, after break out we should see retracement to the 50% fib zone.
Aroon: On a daily time frame we see orange line crossed a blue one which shows start of a bullish trend.
MACD: We are already seeing light red candles which indicates bullish movement gain.
Bollinger band: We just bounced off of a bottom Bollinger band which indicates bullish trends start.
Entry: 2.97
Invalidation: 1.95
Target: 5.38
SAND UPDATE: A 70% RALLY, SOON.Welcome folks to my new update on SAND/USD.
If you are viewing my post for the first time then do hit the like button and graciously follow as well. I share updates on the crypto market including margin trading, futures, spot, and scalping. All ideas are my biased opinion and I invest in my own risk. I don't force anyone to buy or sell, I simply share my ideas absolutely for free and it is your sole decision whether to trade on it or use it to understand the market.
Talking about SAND/USD, the current position is close to the lower trendline and for your information, the last time when SAND hit this trendline, it bounced back and rallied up to 78%. This time SAND can make a similar move only if it manages to hold the $2.65 support level. I am expecting a 70% rally if the market gets bullish. We have a lot of events coming up for SAND which is huge.
So, let's keep an eye on this. I am gonna buy some on spot for now and in futures after confirmation.
What do you think about SAND? Will it rally 70% or get rejected?
Let me know your views in the comment box.
I'll see you guys on my next update until then trade safely.
Thank you.
SANDUSD: Long term movementHello Traders, here is the full analysis for this pair , I suggest you keep this pair on your watch-list and see if the rules of your strategy are satisfied.
If you enjoyed this free analysis and it was useful for you, like it and share it with your friends.
Please leave your comments below this post
2nd Bottom at 200day MA; Bullish Divergence In Falling WedgeWe have Bullish Divergence on both the RSI and MACD with a Double Bottom at the 200 day Simple Moving Average inside a Falling Wedge.
$SAND LONGAnother great setup.
Double bottom at fib level
Risk, targets and RR marked on chart
Long term project to get to all targets
SAND potential Buy#SAND 1D @harmonictrader #Bat TBar + TYPE-II. Would like to see price close above PRZ resistance @ 3.70 before entering Bullish position. Happy Trading Everyone!!
How MM's work..How MM's work.. Manipulating and buying dips (=investing) to sell with giant profits.
SANDSAND bullish TA from technical + fundamental TA
Find entry, sl n tp in TA
Trade safe...
NB: Patience + risk management is key to winning trades.
Sand short setupSand short setup
30 % gain in sand short setup
Sand short setup
30 % gain in sand short setup
Sand OutlookSand chart is simple. As long as it is in this descending trendline, it will not go up. It is also way lower than LSMA crossover 4H! In order to exit from this descending trendline, it should first break this trendline and then stay ahead of LSMA crossover line. Good lock.
SANDUSD | A final correction before the pump Hi everyone,
I would like to show you how SAND could evolve to my own opinion based on waves analysis.
First, as we can see we probably have reached our bottom on SAND around $2.55. If you have reloaded your positions during this last correction you have made a very good decision ! However, if you haven't done so, don't worry, you will have the opportunity to place again in our wave 2 correction.
Then, we are currently on the formation of our minor wave 5 which will complete wave 1 in order to start our correction phase on our wave 2. This one should approximately reach the 0.618 Fibonacci retracement before starting the big rebound.
Next, if this scenario is validated we can turn to our $10 goal during our wave 3 but we must be patient.
Finally, a quick update on the fundamentals of The Sandbox project. The adoption of the metaverse proposed by Sébastien Borget's team is progressing steadily. Indeed, several large companies are already starting to invest in plots like Ubisoft, Carrefour or Gucci and many others. The future of The Sandbox promises to be much brighter than we had hoped.
So we remain focused and above all we remain cautious.
Let's give SAND time to validate this analysis.
If you agree with this scenario let me know with a like.
Otherwise let me know your point of view with a comment, thank you !
(This is my own hypothesis and in no way suggests a buy or sell advice.)
SANDUSD Bull FlagSANDUSD seems to be forming a bull flag with the ABC correction pattern forming. We might be able to see a breakout soon or the price will break down which signals an ABCDE correction.
SANDUSD (4H Timeframe) Bearish reversalHi Traders
SANDUSD (4H Timeframe)
Waiting for the downward break of 4.31 support level which will complete a bearish trend reversal pattern to go SHORT. Only the upward break of 4.87 would cancel the bearish scenario.
Trade details
Entry: 4.31
Stop loss: 4.87
Take profit 1: 3.96
Take profit 2: 3.39
Score: 6
Strategy: Bearish reversal
SAND Bullish Price Action Outlook
Hello traders:
Beginning to see many of the crypto pairs are having good bullish price action on the lower time frames that could lead to more upside move in the weeks to come.
Here on SAND, after the strong bullish impulse up, price naturally form into a bullish continuation correction.
With a few swing highs and lows to create the current flag structure we are seeing here, and within, a descending channel which reverse the price up.
Now that we are at the top of structure, best to wait for the impulse move pushing price out of the flag structure,
and form continuation correction as a confirmation to look for entry.
Alternatively, if price doesn't right away push up, one more move down to the lows of the structure is still possible,
and if there is bullish reversal price action at the bottom of the flag structure, it can still validate the potential buy if reversals form.
Thank you
DISCLAIMER:
-My forecast and analysis are NOT trading signals nor financial advice, you should not enter trades and invest solely on this information.
Sandbox could move close to $5 soon.🎯 Sandbox nicely reacted on the weekly zone, Broke thru the daily trendline.
As well it's creating higher highs and higher lows. I see the potential for moving the big POC (point of control)
This is a pre-plan M, W, D, H4 Time-frames trends and Parallel Channels. I will execute on the M30 at the institutional level if all conditions are met.
✅ Traders, you are welcome to share your charts, thoughts, and questions let's discuss it.
Wish you a good hunt !!
Dave FX Hunter ⚔
----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
❗❗ This is Pre-plan
That means my view can change, depending on how the price will arrive at the level and what will be happening on the M30 in my level of interest for entry. Then I will decide if I will enter or not. So please don't just blindly follow this. The FX market is a quickly changing environment and it requires full focus on the levels for the precise entry with low risk.
❗❗ DISCLAIMER
We are the only one person who is responsible for our health, relationships, success, and money in our lives. So taking a risk on the markets based on this idea is only and only your decision. You deserve the profit and you are responsible for your potential loss. Any opinions, news, research, analyses, prices, or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice. The author of the analysis does not accept liability for any loss or damage.
❗❗ Legal Risk Disclosure
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
BREAKOUT IMMINENT ON SAND/USDT BULLISHSand has been on a major downtrend since its 8.48usdt ATH price level on November 25 2021, with a steady decline in volume. A potential breakout looks imminent once we are able to break out of the major downtrend and with the entire crypto market looking bullish again.
SAND - Long- Make a Quick BuckGreat BUY opportunity....Buy Low and Sell High.
30 days forecast = TP1
Like this idea ? Please do a thumbs up.
Thank you for watching.
WATCHOUT FOR A RETRACEMENT. POSSIBLY $4 TO $4.2Sand has rallied and currently sitting at the top of the ascending channel. retracement for correction to happen soon
Sand may see a retracement soon. Watch out $4 - $4.2 target.
KINDLY LIKE AND COMMENT.... HELP ME GROW HERE
SANDbox Beauty and perfectionIt is impossible to ask for more perfection to SANDbox. It has waves 1 and 2 (yellow) in place and is now at the heart of wave 3 (yellow). Wave 3 itself has 5 waves, of which wave 1 and 2 (white) have been built. Wave 3 of 3 (white) is in progress nad touched extension 1,236 and retraced to the 0,764 extension. This is textbook behavior. Now SAND is going to continue the upside movement to end wave 3, 4. and 5, which will complete all of wave 3 (yellow.). Ideal target is at 150. This is the region of confluence of 2,618 extension and 2,00 extension.
Update: #Sandbox #SAND 's 6 tasks on the daily chart ...Sandbox´s 6 tasks on the daily chart ...
1. break the FIB golden pocket (done)
2. break the RSI resistance (done)
3. hold the OBV support (done)
4. hold the FIB 0.786 and volume support (done)
5. flip the MA Ribbon bullish
6. confirm breakout(s) and have fun 😎
What do you think? 😎
Drop me a nice comment if you'd like me to analyze any other cryptocurrency.
*not financial advice
do your own research before investing
DigitalSurf: SANDUSDRecently just hearing of the Metaverse and deciding to take a look closer at SANDUSD (thanks for the idea, Big Dave). The all-time structure suggests that this NFT based virtual asset is currently in a diagonal wave for its Wave 5 move. Considering the present build of the said diagonal, it appears that it may develop in very volatile and aggressively bullish fashion.
I anticipate an upcoming test near the range of $10.
I also expect this test to find initial failure.
Upside pattern becomes immediately invalidated if the red line becomes broken.
For more analytical coverage of SANDUSD, BTCUSD and other promising cryptocurrencies, grab a board :)
