$SANUSDT POSSIBLE BREAKOUTKUCOIN:SANDUSDT
0.40 zone needs to hold as support and a possible breakout would provide interesting targets as marked. 0.40 could Fake Out so it's important to watch for these signals - and price tells you everything - just be patient. When you have a confirmation now you can pull the trigger on your planned move.
When planning moves we must consider the possibility of failure and you must manage risk and remember that CRYPTOCAP:BTC rules the show. Currently, CRYPTOCAP:BTC is sitting in a Bull Flag but price is in the pattern until it isn't so in the event of a pullback, we would look for a discounted entry on $SANDUSDT.
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SANDUSDT trade ideas
Next move!Salaam
We are below local resistance on the daily basis after the sell-off on the 13th of April.
Also, there is a triangle pattern broken to the downside, we could consider some rise as a pullback.
If the triangle works, expect 20-30% down on some altcoins.
By the way, as triangle patterns are subjective, local resistance is mostly important.
close daily candle above the resistance will discard this scenario.
I'm bullish now, even going for the downside move and waiting for the move to refill my bags.
and saw many broken patterns on the macro view on many coins. so, I'm not telling you to go for a sale.
good luck
📈SAND Futures: Short-Term Trading Analysis⚡️🔍Exploring SAND, a metaverse venture with long-term potential, we shift our lens to short-term trading prospects within SAND futures, scrutinizing a 4-hour timeframe.
📈Beginning with candlestick analysis, SAND witnessed a notable decline post-breaking the 0.5629 support, settling near 0.382, thereby forming a consolidation zone between 0 and 0.382. The duration of this range remains uncertain.
💥RSI, after touching a support level at 13, now stabilizes around 50, signaling a reset amid price stabilization. Await RSI's confirmation as it forms a new structure. Meanwhile, volume diminishes post-reaching the 0.4050 floor, synchronizing with the consolidation phase, implying reduced activity during price correction.
📉For potential short positions, monitor a breach below 0.4050, presenting potential entry points, with an initial target set at 0.3647. Conversely, exercise patience for long positions, awaiting confirmation near 0.4710 or a bullish move followed by a correction.
📝Stay vigilant as SAND's short-term trajectory unfolds, capitalizing on emerging opportunities while navigating market dynamics.
🧠💼It's important to acknowledge the inherent risks in futures trading, with the potential for margin calls if risk management is neglected. Always adhere to strict capital management principles and utilize stop-loss orders, ensuring that the initial target offers a risk-to-reward ratio of 2
SAND LONG SETUP ALL trading ideas have entry point + stop loss + take profit + Risk level.
hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
Disclaimer
SAND/USDT Shows a bouncing from the support, Back to upward ??💎 Paradisers, #SAND has recently exhibited notable market dynamics, demonstrating resilience with a bounce from the support area.
💎 The historical pattern suggests that when SAND reaches this level, it tends to bounce, indicating strong support. If SAND also manages to break out of the bullish pennant pattern, it could signal a continuation of the upward movement toward the strong resistance area.
💎 However, if SAND breaks below the support area, it could signify a bearish momentum, potentially leading to further downward movement towards the next support level at $0.464.
💎 It's crucial for SAND to bounce from the support area and reclaim the price above this level to maintain its upward trajectory. Failure to do so could result in continued downward movement.
MyCryptoParadise
iFeel the success🌴
Alikze »» SAND | Pullback to broken structureThe Sandbox is a blockchain-based platform that offers creative and decentralized gaming experiences. SAND combines DAO, Metaverse, and NFTs to usher in a new era of gaming.
🔰 In the weekly time, it has made a mixed correction, which after 50% correction of the previous wave has faced demand in the range of 0.27, and now with the failure of the dynamic trigger and a correction and a pullback, it has a growth up to the supply area and neck line. Therefore, I expect that after completing the corrective lag, it will face demand and advance towards the target.
⚠️ The invalidity zone of the analysis is the range of 0.39, and penetration and stabilization below that analysis will be invalidated.
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Bearish SANDUSDT confirmed with a strong bear daily stickSince there was a big bullish rally for the recent month crypto market is in a starting of bearish trend, the first clue for bear run is given and the retest of the same is happened this bear run will be shorter than the last time. Entry point is between 6900-7000 and Take profit is at 5600-5700. This can be taken as a swing trade or day trade as ur wish.
$Sand SAND rounded bottom Formation....NYSE:SAND price action is currently forming a rounded bottom
Current price: 0.71
Sand Price is currently at a major resistance btw 0.71 - 0.8 (not broken since 2022!)
A break above this key resistances will lead to up resistances: 1.1, 1.4, 1.7, 2.0, 2.3, 2.6, 3.0, 3.4
Continuous rejection at this major resistance will make for buy the dip levels at support 0.42
#sand #2sydes