SANDUSDT trade ideas
SANDUSDT...buy and hold on this price..hello guys
sand in long-term formed in ascending parallel channel that once break down and move as wide as last channel.
in mid-term formed on descending parallel channel that move between top trend and middle line of channel.
in yellow triangle both of that approach match with each other and make that area very potential for long position.
always do your own research.
If you have any questions, you can write it in comments below, and I will answer them.
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BE PROFITABLE
SAND/USDT looking goodHey guys
We are back with SAND/USDT. From previous time one of scenarios activated where price fell to $0.94 zone from where we are setting our buys as well. This time it is a little bit hard to get the best entry as we still might see a correction towards another support so that why we are entering with ladder entries!
Our Yellow lines are Take-profit zones)) This is just an idea of what could happen with Sandbox.
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SANDBOX - Snoop, pass pass passRejection at 1,43 was harsh and persistent, Powell brought SAND and the market lower and unfortunately this is not a dip to buy (yet)
With Mt Gox fears being valid (nobody knows for sure how and when the event will take place) and after Powel's gloomy projections/tone we need to be worried.
I would be Long over 0.99or at 0,75 again. Grand support very far away at 59 cents.... can't guarantee nor wish that we can see this level again but reality says we could.
Let's keep our cool and be aware that markets opening in Asia tonight (Sunday midnight hours for Europe) could add to worries.
We be careful and hedged here. SANDBOX is a crypto I like to Buy.
One Love,
the FXPROFESSOR
The last bastion of supportHello, dear TradingView members.
SAND has hit a support range at $1.13 to $1.185 over the past week as it continues its downward trend. Due to the strong selling pressure, the support strength was not enough to hold the price, and after breaking this support, we saw a further drop to the $1 range. In the past few days, the price trend of the sandbox has ranged, and the previous day, the $1 support of the sandbox was also broken due to negative news that had a negative impact on the entire market.
The price has now hit support in the $0.94 range, and if this range holds, another bearish trend is expected for the currency. But if the selling pressure increases, by breaking this support, the price can continue the downward trend to the previous floor in the range of 0.69 to 0.76 dollars. In the weekly time frame, the main support is the floor of its last rising wave, and if it is broken, the $0.61-$0.65 range will be its last support level for the medium term.
Good luck!
SANDUSDT | SUPPORT ZONESANDUSDT has been in downtrend and price is making lower lows and lower highs. The price has been now trading within a range. The price has approached to horizontal support zone . The bulls can show some strength from here. The bullish candles formation on support will only confirm the holding of support.
We are watching out the price action on support.
The bulls need to hold the support. While break below support zone will bring bears in party.
Trade your levels accordingly.
#SAND long ideaHello dear Traders,
Here is my idea for #SAND
Price finds support at monthly pivot S1 line – we had the same scenario at the June S1 pivot line.
Daily inside bar has been formed and we will wait for a close above the yellow trigger line (1.067$) in the 4h chart to enter the trade.
Profit target 1.65$ and stop 0.99$ .
Risk Reward ratio 6.3
Please feel free to ask any question in comments. I will try to answer all! Thank you.
About #SAND
Rank 38 by marked cap
Launched in 2011 by Pixowl, 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: The Sandbox price today, SAND to USD live, marketcap and chart | CoinMarketCap
About Pivot Lines
The term monthly indicates that the pivot levels are calculated using the prior month’s high, low and closing price. The basic formulas are now well-known and pivot calculators are readily available on Tradingview.
If a market closes above the monthly pivot, then the trend is positive, and closing below the pivot is negative. In a positive market, you look for prices to pause, or maybe even reverse, at the first pivot resistance level (R1). If that level is exceeded, then the R2 is the next level to watch. Conversely, when a market drops below the monthly pivot, then the first downside target is the first pivot support (S1), and the second support is S2.
Source: Learn How To Use Monthly Pivot Analysis (forbes.com)
Sand/USDT Long📈N.B. When price makes higher high move your Stoploss to recent swing high
Previous important support and resistance zones:
***s1: 1.0538
**s2: 1.0127
***s3: 1.1316
Conditions for Long:
1.Descending triangle breakout
2.trendline breakout
3.momentum indicator trendline breakout
4.support from previous support ***s1 zone
6.Money flow index turned green from red
7.volatility has increased
8.di+ is above the di-
9.adx line is above the 20 level
Stoploss:
1.below the previous support zone of ***s1
Take profit:
1.take profit is dynamic,trailing stop loss/take profit
Exit point:
1.will be updated later in the comments box only if someone asks
P. S. THIS IS NOT A FINANCIAL ADVICE And only follow my official ideas like this not like below
SANDUSDTSANDUSDT(08.21.2022 updated)
Wait until price touches the trend lines then look for signal bar and key bar /Breakout and pullback to recognize direction of price movement.
Money Management must be obeyed.
Open position without setting the proper stop loss (1% or 2% of total balance ) soon or late will cause to lose all your money ( call margin )
Majority of trades is done via computer trading (forex / cryptocurrency)
priority in analyzing charts:
1- Price Action
2- Market structure
3- Chart patterns
4- Candlestick patterns
5-Divergence
6-Indicators
SAND3SUSDT BEST BUY SETUPSOn a long term, we are looking to see a 300% move. However, we are in a resistance zone and we are looking to see either a breakout or reversal from the supply zone.