SANDBOX ⌛🦜 - Breakout is Promising 🏴☠️☠The market volatility is On.
For some, the worse has already happened, for others the dip is not over yet.
For us it's all about Technical Analysis so here we go:
Breakout for SANDBOX is promising and the price has consolidated enough.
We see support at 1.345 and 1,25 and a target of 1.71 resistance.
One Love,
the FXPROFESSOR
SANDUSDT trade ideas
[ALTCOIN]SANDUSDT FALLING WEDGEHello, everyone
We're a team that specializes in chart analysis
We will always analyze and provide you with charts to help you sell
There are so many trading laws and there are so many good technologies that come with them, but I'm confident that the trend line is really strong.
If you read the point of view and get to know the line, every line will adjust
Thank you.
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Chart Analysis Content -
#SANDUSDT FALLING WEDGE
It's a coin that our team is keeping a close eye on in the market now.
It has not gone down to a place that should never be broken, and the angle is low, but it is one of the few coins that still has an upward trend.
It is forming a downward wedge based on the 4h and I think it is almost at the end.
So I'm thinking about the painting that I'm raising, and first of all, I have to put it up through the resistance at the top of the most important wedge.
#SANDUSDT 4H Chart
Price successfully filled the FVG (fair value gap) and tapped perfectly into the 4h demand zone from where it got heavily rejected from. MACD is not showing clear indications, RSI is sold and EMAs are bearish. Price should be able to continue moving up from here and i don't expect the 4h supply to hold as a lot of liquidity is resting above it and price should reach the 2h breaker zone.
#SANDUSDT 4H Chart
Price is currently consolidating with no major movements and is showing very ugly price action lately. MAFD us showing bullish weakness, RSI and EMAs are neutral. Price should fill the FVG (fair value gap) and tap into the 4h demand before moving up again towards the 2h breaker zone.
SANDBOX ⌛🦜 - Breakout Inbound? 🏴☠️☠As mentioned before in our previous ideas here and here , market is Bullish and attempting to recover some losses:
Bitcoin dominance is at resistance now and it should ease:
SANDBOX has had a major correction but it could now be time to focus on it again.
awesome news:
Dubai’s crypto regulator to launch metaverse headquarters in The Sandbox
One Love,
the FXPROFESSOR
SANDBOX = Winner 🏴☠️☠
SAND - Falling Wedge bullish pattern?💎Throughout this year SAND has been trending down, but perhaps this was only a corrective pattern of a major bullish trend?
💎The pattern, started back in November 2021, is identical to a Falling Wedge pattern, which most of is bullish. Wave five could be ending any time, and once completed, we are likely to see a price rally. Still, Paradise Team is waiting for a few more confirmations .................
🔥 SAND Follows EXACT Bitcoin 2018 Bear Fractal: Final DumpA couple of weeks ago I made an analysis where I made a comprehensive analysis of SAND's market structure versus the Bitcoin 2018 bear market fractal. See the post below.
As seen on the chart, the above analysis was pretty spot-on. Furthermore, looking at the current chart and state of the market, I think there's still more pain ahead for SAND and crypto as a whole.
Since SAND is following the BTC fractal pretty closely, I think we are now in a dead-cat bounce and will see more bearish pressure soon. BTC bottomed out around $3500, which was the support which triggered the late 2017 parabolic move. If the fractal holds, we can expect SAND to fall all the way towards the $0.75 area, which was also the support area which triggered the parabolic move back in November. This would indicate that we can fall another ~50% from the current level before bottoming.
The above is also in line with my most recent BTC analysis, where I state that we're likely going to make a move towards the 200-week SMA.
Be aware; no one can predict the future , and price patterns/fractals are valid until they aren't, take them with a grain of salt. However, try to keep an open mind.
SAND/USDT LONG SCALP SETUP!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this SAND/USDT TRADE setup. SAND looks good here.
SAND is breaking out from the cup and handle pattern in 1hr time frame. After the breakout retest is also done. Long some now and add more in the dip.
Entry range:- $1.34-$1.38
Target1:- $1.46
Target2:- $1.58
Target3:- $1.76
Target4:- $1.90
SL:- $1.28
Use low leverage (4x-6x)
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Thank You!