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 .................
SANDUSDT trade ideas
🔥 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:- $1.28
Use low leverage (4x-6x)
If you like this idea then do support it with like and follow.
Also, share your views in the comment section.
Thank You!
SANDBOX - The Storm Could Still not be overOur updated Sandbox chart: resistance 1t 1.68 and 1.54 are a concern and in case of a third storm (watch the video coming up and you will understand) we should be prepared for a further drop.
We find this chart off balance and with the next support level very far away at 35 cents.
The 1$ mark will also play the role of support (in case we are going even South-er).
So..let's be careful
One Love,
the FXPROFESSOR
PS. SANDBOX IS AVERY PROMISING PROJECT, YES, THAT DOES NOT CHANGE. bUT TECHNICALLY WE PREFER TO BUY OVER RESISTANCE (1.68$) OR MUCH LOWER
SANDUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for SANDUSDT
After experiencing severe declines, now the price is fluctuating over this long-term support line and we expect it to be fixed. Therefore, the price will have no more fall and even it start its movement toward the first resistance line.
Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position.
Wish you luck
SAND/USDT is ready to moveHey Traders
We made a quick analysis for SAND/USDT which is looking good to buy in our opinion. We would take out that position if BTC closes daily candle below $30K.
If you like ideas provided by our team you can show us your support by liking and commenting.
Yours Sincerely,
Swallow Team.
Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.