Sandbox
SANDBOX- Probably a Great way to Buy this DipAfter roughly falling about 20% from the weekly high of $ 5.20, SANDBOX seems to be taking support at the level of $ 4.10. A strong buying opportunity is created by two support levels at this price range and it is very likely to bounce to the next resistance level of $ 4.75 – $ 4.85 in a rapid move. The price is expected to face strong selling pressure owing to the confluence 100 period moving averages along with the traditional resistance. If the bullish momentum is strong enough to give a close above $ 4.80 in a 4 hr candlestick chart SANDBOX would head for the previous $ 5.25 high, translating into a 28% upside movement from the current price level.
While there is a bullish outlook for the Sandbox price, a breakdown below the 100-day moving averages at $ 4.10 would point towards increased selling activities. A daily candlestick close below the demand zone’s lower limit at $3.85 may lead to a further decline and in that case, the price may take support at the crucial level of $3.00.
$BTC Weekly Analysis : ⚠️ Important ⚠️Let's reviewing our latest weekly analysis pf $BTC and see what is was expected and what is happening just right now ... Pls be patient and stay with me to the end .
12.26.21 Analysis :
A pessimistic but still probable analysis of Bitcoin (I try to explain it very simply and understandably): Well friends, as you can see, 4 weeks ago the support price of the important 20-week Exponential Moving Average EMA20W lost and has stabilized below this range. It is interesting to know that this week the price hit this moving average by reaching to $ 51700 and showed a negative reaction to it, the optimistic scenario is the same as the previous analysis we talked about . The pessimistic analysis begins with the fact that if we consider the drop from 69K to 42K as a spike and a complete bearish wave, in the last 3 weeks the price is just preparing and building a base to drop more and start The next wave , if this analysis is confirmed, the descending targets are marked on the chart in order that if we want to consider an AB = CD pattern to fall again, the target will be $ 25,000. Note that this is one of the most pessimistic analyzes available, and I just thought it's my duty to share my analysis with you, and that if the price can break the EMA20W and stabilize above it (especially above 57K) this analysis will fail.
NOW :
There's a Potential Reversal Zone (PRZ) from $ 34,400 to $ 35,500, I expect the price to react positively to this range , otherwise the next bearish targets are $ 31,800, $ 28,800 and $ 26,300 , Respectilvely ...
Follow our other analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 22.Jan.22
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
SAND - Weekly Outlook ✅Let's see how SAND is behaving.
This is a Weekly chart.
The Fib retracement shows that the price dumped on the support level. If the price falls, even more, the support level might be around the $1.85-$3.2 area.
The market is showing SELL volumes for SAND.
Two resistance levels push down on value, and one support level holds the price high and shows strength. The higher band can work as resistance.
The Upper Bollinger Band can push down the value, and the Middle band pushes the price up.
If the price crosses the local resistance and stays above it for confirmation, we can open our long positions, aim for the next resistance, and use it as a TP point.
The RSI shows that SAND is above the 50 levels, the center.
If you want to know how the RSI indicator works, take a look at this Educational Idea. It'll help you have better readings:
Current Market Price: $3.6
Let me know your ideas.
Good luck.
VEMPUSDT to the LONG vEmpire is the largest decentralized Metaverse & GameFi investor. Combat game set in ancient Rome within The Sandbox virtual world platform. NFT investors, virtual lands, civilized marketplaces with items like foodstuffs, weapons, animals atc..
Great time to buy at a discounted price, even before the expected pump.
SANDUSD Double Bottomed. Dynamics to keep in mind.Sandbox made yesterday a Double Bottom on the January 10 Low. So did the RSI on the 1D time-frame. Last time we saw Double Bottoms both on the price action and the RSI was on September 28 2021. That was the last low before the October-November rally started. A break above the 1D MA50 (blue trend-line) should be the confirmation.
If however SAND breaks lower, it should seek the bottom of the long-term Channel Up that started on January 2021 (Fibonaccis used).
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SAND - Daily Chart ✅Let's see how SAND is behaving.
This is a 1H chart. (Valid for 24 hours)
The Fib retracement shows that the price has passed a resistance level, and now it's turned into support. Now it's retesting another resistance level.
The market is showing massive SELL volumes for SAND.
Two resistance levels push down on value, and one support level holds the price high and shows strength. The higher band can work as resistance.
The Upper Bollinger Band can push down the value, and the Middle band pushes the price up.
If the price crosses the local resistance and stays above it for confirmation, we can open our long positions, aim for the next resistance, and use it as a TP point.
The RSI shows that SAND is above the 50 levels, the center.
If you want to know how the RSI indicator works, take a look at this Educational Idea. It'll help you have better readings:
Current Market Price: $4.43326
Let me know your ideas.
Good luck.
SANDBOX | Good Time to Buy?Entering the year 2022, the market sellers took an upper hand over the SAND price. The pair was rejected from the $7 mark and lost 34% of its value by dropping to the $4.48 mark. The price has recently plunged below the 0.5 FIB level, indicating the token could extend the correction phase.
Previously when we covered an article on Sandbox token, this pair was riding its 2021 Christmas rally. However, the price couldn’t pass the $7 mark, and by experiencing a strong supply, the token was immediately rejected with an evening star pattern.
The recent bloodbath in the crypto market added to the ongoing selling and dropped the price even below the 0.5 Fibonacci retracement level.
𝐓𝐡𝐞 𝐜𝐨𝐫𝐫𝐞𝐜𝐭𝐢𝐨𝐧 𝐩𝐡𝐚𝐬𝐞 𝐢𝐬 𝐭𝐡𝐞 𝐒𝐀𝐍𝐃 𝐩𝐫𝐢𝐜𝐞 𝐡𝐚𝐬 𝐞𝐧𝐠𝐮𝐥𝐟𝐞𝐝 𝐭𝐡𝐞 𝟐𝟎 𝐚𝐧𝐝 𝟓𝟎 𝐃𝐌𝐀 𝐥𝐢𝐧𝐞𝐬. 𝐇𝐨𝐰𝐞𝐯𝐞𝐫, 𝐭𝐡𝐞 𝐨𝐯𝐞𝐫𝐚𝐥𝐥 𝐭𝐫𝐞𝐧𝐝 𝐟𝐨𝐫 𝐭𝐡𝐢𝐬 𝐭𝐨𝐤𝐞𝐧 𝐢𝐬 𝐬𝐭𝐢𝐥𝐥 𝐛𝐮𝐥𝐥𝐢𝐬𝐡 𝐚𝐬 𝐢𝐭 𝐢𝐬 𝐭𝐫𝐚𝐝𝐢𝐧𝐠 𝐚𝐛𝐨𝐯𝐞 𝐭𝐡𝐞 𝟏𝟎𝟎 𝐚𝐧𝐝 𝟐𝟎𝟎 𝐃𝐌𝐀.
The Moving average convergence divergence indicator projects the MACD and signal lines have just dropped below the neutral zone(0.00), indicating the increasing bearish momentum.
The Sandbox token is currently in a retest phase. If the price manages to sustain below this level, the coin could drop to its lower support level of $3.7. Moreover, the chart also shows a falling parallel channel pattern, leading this downfall.
he Relative Strength Index ( 40 ) in the 4-hour time frame chart is steadily recovering from the oversold region. Moreover, a bullish divergence in RSI supports a bullish breakout from the falling channel .
- 𝐓𝐡𝐞 𝐒𝐀𝐍𝐃 𝐩𝐫𝐢𝐜𝐞 𝐑𝐒𝐈 𝐜𝐡𝐚𝐫𝐭 𝐬𝐡𝐨𝐰𝐬 𝐚 𝐛𝐮𝐥𝐥𝐢𝐬𝐡 𝐝𝐢𝐯𝐞𝐫𝐠𝐞𝐧𝐜𝐞 𝐢𝐧 𝐭𝐡𝐞 𝟒-𝐡𝐨𝐮𝐫 𝐭𝐢𝐦𝐞 𝐟𝐫𝐚𝐦𝐞 𝐜𝐡𝐚𝐫𝐭
- 𝐓𝐡𝐞 𝐝𝐚𝐢𝐥𝐲-𝐌𝐀𝐂𝐃 𝐢𝐧𝐝𝐢𝐜𝐚𝐭𝐨𝐫’𝐬 𝐥𝐢𝐧𝐞𝐬 𝐬𝐥𝐢𝐩 𝐛𝐞𝐥𝐨𝐰 𝐭𝐡𝐞 𝐧𝐞𝐮𝐭𝐫𝐚𝐥 𝐳𝐨𝐧𝐞
- 𝐓𝐡𝐞 𝟐𝟒-𝐡𝐨𝐮𝐫 𝐭𝐫𝐚𝐝𝐢𝐧𝐠 𝐯𝐨𝐥𝐮𝐦𝐞 𝐢𝐧 𝐭𝐡𝐞 𝐒𝐚𝐧𝐝𝐛𝐨𝐱 𝐭𝐨𝐤𝐞𝐧 𝐢𝐬 $𝟑.𝟏 𝐛𝐢𝐥𝐥𝐢𝐨𝐧, 𝐢𝐧𝐝𝐢𝐜𝐚𝐭𝐢𝐧𝐠 𝐚 𝟎.𝟖𝟑% 𝐥𝐨𝐬𝐬.
- 𝗜𝘁’𝘀 𝗶𝗺𝗽𝗼𝗿𝘁𝗮𝗻𝘁 to keep in mind that cryptocurrency markets are extremely volatile, making it difficult to accurately predict what a coin’s price will be in a few hours or a few days and even harder to give long-term estimates. As such, analysts and online forecasting sites can get their predictions wrong. We recommend that you always do your own research and consider the latest market trends, news, technical and fundamental analysis , and expert opinion before making any investment decisions. Be patient and look long term wisely and never invest more than you can afford to lose.
Trading & Investing both are the master of RISK.
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Thank you for your time.
Have a profitable day.
| Review and analysis by Samadi.Finance |
$BTC Daily Analysis : 01.19.22 As we can see the price is trading in the range of $ 42000 , and if the daily candle closes below $ 41700 , we expect the price to fall to the range of $ 40,500, and if dynamic support is lost, The next bearish target will be the $ 37,700 to $ 38,000 range! (Targets will be updated) ...
Follow our other analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 19.Jan.22
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
SAND - Daily Chart ✅Let's see how SAND is behaving.
This is a 1H chart. (Valid for 24 hours)
The Fib retracement shows that the price is now rejected by resistance and, it's going to consolidate around the support area.
The market is showing massive SELL volumes for SAND.
Two resistance levels push down on value, and one support level holds the price high and shows strength. The higher band can work as resistance.
The Middle Bollinger Band can push down the value, and the Lower band pushes the price up.
If the price crosses the local resistance and stays above it for confirmation, we can open our long positions, aim for the next resistance, and use it as a TP point.
The RSI shows that SAND is below the 50 levels, the center.
If you want to know how the RSI indicator works, take a look at this Educational Idea. It'll help you have better readings:
Current Market Price: $4.3886
Let me know your ideas.
Good luck.
$COTI : What a bullish move! 😍All supports and resistances are marked on the chart. As we can see, the price is in an important range and recommended to keep an eye on it ...
Follow our other analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 17.Jan.22
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
SAND - Daily Chart ✅Let's see how SAND is behaving.
This is a 1H chart. (Valid for 24 hours)
The Fib Retracement shows that the price is consolidating and correcting.
The market is showing SELL volumes for SAND.
Two resistance levels push down on value, and two support levels hold the price high and show strength. The higher band can work as resistance.
The Middle Bollinger Band can push down the value, and the Lower band pushes the price up.
If the price crosses the local resistance and stays above it for confirmation, we can open our long positions, aim for the next resistance, and use it as a TP point.
The RSI shows that SAND is below the 50 levels, the center.
If you want to know how the RSI indicator works, take a look at this Educational Idea. It'll help you have better readings:
Current Market Price: $4.625
Let me know your ideas.
Good luck.
SAND/USDT - Potential 96% SetupHello Traders!
After the rapid growth SAND went to the correction.
The price is near the upper range of the buyers' interest zone $4.00 - $4.74. A "descending wedge" trend continuation pattern is forming on the chart. MA100 on the daily timeframe is near the level of $4.00
It is possible to look for purchases in the range of $4.00 - $4.40, relying on the repeated decrease of the instrument to the level of $4.00.
It is worth closing the position using a stop-loss if the price goes under $2.78
The targets will be the following price levels
$6,42
$7,52
$7,94
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
SAND above middle line of parallel channel#SAND/USDT
#metaverse token
$SAND price is above middle line of parallel channel, break out from upper line of channel will increase it toward $8 and in long term it can reach $10.
break down from support zone and middle line of channel will drop price to support zone between $2.75 and $3.35
SAND - Daily Chart ✅Let's see how SAND is behaving.
This is a 1H chart. (Valid for 24 hours)
The Fib retracement shows that the price has pumped and now is retesting a resistance level.
The market is showing SELL volumes for SAND.
Two resistance levels push down on value, and two support levels hold the price high and show strength. The higher band can work as resistance.
The upper Bollinger Band can push down the value, and the middle band pushes the price up.
If the price crosses the local resistance and stays above it for confirmation, we can open our long positions, aim for the next resistance, and use it as a TP point.
The RSI shows that SAND is above the 50 levels, the center.
If you want to know how the RSI indicator works, take a look at this Educational Idea. It'll help you have better readings:
Current Market Price: $4.90867
Let me know your ideas.
Good luck.
BITCOIN 2H TA : 01.15.22 : $BTC Well, as you can see in the bitcoin chart in 2H time frame, we see that the price is in an important range, and we will still have the important resistances range of $ 44,400 and $ 45,500 in front of the price . The scenario is still Bearish unless the price breaks these levels and the strength of the break is also very important.
Follow our other analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 15.Jan.22
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️