SAND S&R IN SHORT TERM>>>>>Hello EveryOne
I Have Tried My Best to Bring the best Possible outcome in this Chart.
SAND moving in long term downtrend channal,But in short term can continues rising price,
In case of more supported market
sand can hit to 0.80-0.95usdt price.
short term support & resistance's are in 0.65-0.75usdt,
dou to the more support market We can set buy position in daily correction.
Market can be so tuff if we don't careful.
It's just an analyze,
Not a financial advise.
PLZ DYOR
With hopping success>>>>>>>>>
SANDUSDT trade ideas
We can expect a stronger positive reactionSAND's price, which had a negative reaction in the resistance range of $0.805, pulled back to its support in the range of $0.657 to $0.750. If this area has a positive reaction, SAND can grow to the targets of the $1 range this week or next. The strength of the bullish wave is enough to change the trend in the daily time frame. But a bottom pivot and the formation of a corrective wave are needed, which with more probability, we can expect a stronger positive reaction in the second support range, i.e., the price of $0.584 to $0.641. So, if the support area of $0.67 is broken, the decline can continue to the level of $0.584, and in this area, we can expect the formation of reversal patterns.
SandThese are his resistances for a month ago, when we said he would reach them, and they have just reached them
Now we have a green box in 5 minutes as support and one hour time for those lines
For ease of work, we drew a channel in 15 minutes, which will probably go to the midline of the channel, and then we will see if it goes to attack the roof again or not.
SAND (Y23.P1.E1).The big picture and short term plans\setupsHi Traders,
If your familiar with the Stan Weinstein approach or just know the significance of the 200 daily ema. well we are close to it and its likely a good reversal position and likely a micro wave 5 position.
The push back might be a little or also I will be looking for a shorting structure in the smaller time to enter.
All the best,
S.SAri
SANDUSDT Potential Reversal Waiting for a Reversal in SAND/USDT chart. Here is why,
There are both fundamental and technical reasons.
Fundamental reasons,
12.4% of tokens were unlocked on 14 FebruaryFrom my point of view, this is the main reason. normally Anyone can tell there can be a 10-13% price devaluation at that time. But I'm hoping there can be more than price drop. 🔎 (Token Unlock - Google it )
* Another thing is that I have difficulty identifying the bitcoin movement. That’s why I marked two accumulating periods.
Technical reasons.
We can see two resistance areas on the chart. The chart has failed to break these levels only a few times.Keep an eye on these resistance areas .If there is more than >300M volume. The resistance can break easily. Personally, I would not enter into any trades at that time. Because my whole structure was wrong.
In cases where there was low volume and a high RSI value + a down tread. I consider entering a short position. Thanks . #NFA #DYOR
Buyers' support allowed the price to continue movingSAND continued its strong uptrend over the past week, and buyers' support allowed the price to continue moving without a pullback after breaking through the $0.56-$0.59 resistance range. This 102% growth, which started from the floor area of $0.38, stopped at $0.75. A weekly resistance was considered in the $0.65-$0.74 area, which was broken in the past due to heavy selling pressure.
In the past few days, the price hitting this range has been accompanied by reactions, and in the 4-hour timeframe, we see the formation of a complete range area. More likely, the price can break the bottom of the range channel and enter a deeper corrective wave. The supports that can again create signs of positive reaction, and are considered the range of demand, are at the prices of $0.6423 and the range of $0.5600. But if the current resistance is broken, the next target for buyers after the pullback will be in the range of $1.0742 resistance.
SANDUSDT time to retrace?SAND had a huge breakout as I mentioned in my previous idea () where the price printed a clear 66% after breakout and after satisfying our Plancton's Rules.
Not the price is over extended and it's testing the 1.618 Fibonacci level exactly on the supply zone.
We can see how the price formed a clear falling wedge exactly on the weekly support on 0.38$ area and after the false breakout, the market started with the bullish movement.
What's next?
The price could have a retracement until the 0.618 Fibonacci level (the 0.6$ area) if the price is going to lose the current support (0.7$) area, so According to Plancton's strategy , we can set a nice order
–––––
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ black structure -> <= 1h structure.
–––––
Follow the Shrimp 🦐
🔥 SAND 15-Month Downtrend Broken!Ever since SAND topped out in November 2021, the token has been selling off very hard, losing over 95% of its value in the process.
However, SAND seemingly has broken out of the perpetual downtrend during Bitcoin's rally of last week.
The move was violent, so we will likely retest the resistance as support. Overall, I'm still looking for a long position.
Targets in blue.
SAND CANGO UPPER AGAINHi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the SAND symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
SANDUSDT Analysis (potential Inverse H&S)Hello friends.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you!
Everything on the chart.
Entry: market and lower(i bought by 0.63 and place buy limit order at 0.52)
Target: 0.9 - 1.2 and ~1.4
after first target reached move ur stop to breakeven
Stop: (depending of ur risk). ALWAYS follow ur RM .
Risk/Reward:
risk is justified
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
Sand Next Buy Area in dailyas you can see sand is in a downtrend channel and it can go more.
actually, we are in the demand zone now but I think we will touch lower support its better to wait more.
best buy zones are mentioned in the chart and my preferred option is buying in lower support. I am sure it can support perfect from our demand zones,
around 0.60 is good for the midterm, but the perfect buy zone will be around 0.36 - 0.40 if the price reaches here
I will share the best opportunity when it happens
always i am trying to make the chart so simple for you. hope to be useful