Get started

SAND / UST

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals Markets

SANDUST trade ideas

✴️ SAND Will Grow Or More Correction? (200-400% Potential)The bear-market for SANDUSDT is the clear descending channel you can see drawn on the left side of this chart. Late December 2022 a low/bottom is hit and this is marked by the TD Sequential and also the bullish breakout that followed. Notice that in early 2023 we had 3 strong sessions closing green. In the entire bearish wave from November 2021 to December 2022 we never had this happen, maximum 2 sessions closing green and then off to new lows. SANDUSDT produced 3 green weeks in January and the March correction ended in a perfect hammer candlestick pattern right above the 0.786 Fib. retracement level, bullish signals all across. These signals can make a strong case for additional growth. Invalidation only happens on a break and close below the Dec. 2022 low, any trading above this level and we can expect higher highs and higher lows. Namaste.
Long
by MasterAnanda
2
Crunching the Numbers!Sandbox is currently trading at 0.65, which is down by 6.29% in the past 24 hours. The good news is that the coin seems to be finding some support at the 0.5 Fibonacci level in the 4-hour timeframe. This could be a sign that the price won't drop much further in the short term. However, there is some resistance to watch out for at the upper Bollinger band of 0.71. The Relative Strength Index (RSI) for SAND is currently at 47.5. This suggests that the coin is not oversold or overbought at the moment. However, the stochastic oscillators are at 28.5, which does suggest that the coin is currently oversold. Looking at the MACD, which measures the momentum of the coin, it's currently at 0.0033. This is a bullish signal that suggests that the coin could see a potential uptrend in the near future. The hourly Exponential Moving Average (EMA) 50 for SAND is at 0.64, meaning the coin is currently trading below its moving average. This could indicate a bearish trend for the currency. However, the On-Balance-Volume (OBV) is currently at 6B, suggesting that trading volume has increased over the past few hours. This could be a bullish signal for the coin. The trading volume for SAND has decreased by 13.2% recently, which is something to keep an eye on. The 24-hour high for the coin is at 0.6882, while the 24-hour low is at 0.6251. This indicates that the coin has been quite volatile over the past day. Overall, it seems that SAND is in a bit of a bearish trend right now. However, there are some positive indicators to keep in mind, such as the MACD and OBV. It's important to keep a close eye on the resistance levels and the trading volume to get a sense of where the coin is headed next.
by MonoCoinSignal
5