The Sand Box (SAND) New ATHs $1.45 very very soonSAND is currently 10% away from the new ATH set on 31st August. From here we can expect a retest of the ATH and our price targets at the 127.20% fibs @ $1.45 (35% away) and the 161.80% fibs $1.80 (68% away)
Please see previous analysis below :)
The Sand Box (SAND) Update 10/ 05 /21: $2 SAND Price Target...282% gain from $0.53 to $2 at the 261.80% Fibonacci level when it really starts to move. We hit $0.91 on March 28th and have since been in a accumulation phase between the 50% and 78.60% Fibonacci level signalling a weak retracement and a break above the 200SMA will signal further bullish market sentiment for SAND. We can expect $1.33 next few weeks.
Update 03/ 05 /21 The Sand Box (SAND) New ATHs $1 dollar very very soon. 47% gained from Buy Zone 1. 49% Gain from here ($0.63 to $0.96) to the 127.20% Fibonacci level! See previous analysis below :)
The Sand Box (SAND) Update 25/03/2021
Since reaching a new ATH @ $0.79 on 13/03/21 SAND has been consolidating after retracing down 36% from this ATH to $0.50 in just 4 days from this new ATH . It has been sitting in this beautiful range between 78.60% to 61.80% showing us signs of a weak retracement as we wait for the Bulls to come back into the market to push the price higher. Although some selling pressure has been present, a triple bottom has formed giving us confidence of a bullish sentiment at this key resistance level and we expect the price to continue to climb and the Bulls to take control as we search for a new ATH @ 127.20% Fibonacci level. Be patient, use the Buy Zones to map out your buys or DCA to accumulate. There is very high probability of setting a new ATH @ $0.96 after testing the previous high @ $ 0.79. A potential 69% Gain from the 61.80% Fibonacci level here. Happy trading :)
*Update from March 15th 2021
Buy zone or use the 78.60% Fibonacci level as a buy limit @ $0.579. The Sand Box (SAND) is still looking parabolic and is still in search of new ATHs. Since the 13 EMA crossed up the 50 SMA signalling a buy signal, the price of SAND has gone up by 190% from $0.20 to $0.68 in just over 2 weeks. Since this huge move towards the upside we have still not had a big correction in price, so if you would like to buy in, use the buy zones to map out your buys. Potential 50+% gain to the 127.20 Fibonacci level. Our next price target at the 161.80% Fibs is $0.99 (70% Gain), we could see $1 SAND before the end of the month with the current momentum to the upside.
Buy zone 1 @ 78.60% Fibonacci level, enter here.
Key Notes:
Launched in 2011 by Pixowl, The Sandbox is a blockchain-based virtual world allowing users to create, build, buy and sell digital assets in the form of a game. By combining the powers of decentralized autonomous organizations (DAO) and non-fungible tokens (NFTs), the Sandbox creates a decentralized platform for a thriving gaming community. *
Sandbox
SAND ab=cd pattern#SANDUSDT
$SAND broke out from descending resistance and stayed above support zone and long term ascending support line.
now price head up toward resistance zone around $0.825, break out from $0.875 will lead price to $1.
also if price going to complete AB=CD pattern the target is around $1.4 and $1.5.
SANDUSDT Daily TimeframeSNIPER STRATEGY (new version)
It works ALMOST ON ANY CHART.
It produces Weak, Medium and Strong signals based on consisting elements.
NOT ALL TARGETS CAN BE ACHIEVED, let's make that clear.
TARGETS OR ENTRY PRICES ARE STRONG SUPPORT AND RESISTANCE LEVELS SO THEY CAN ACT LIKE PIVOT POINTS AND REVERSE THE WAVE (or act like a mirror that can reflects light) BASED ON STRENGTH OF THAT LEVEL.
ENTRY PRICE BLACK COLOR
MOST PROBABLE SCENARIOS TARGETS GREEN COLOR
LEAST PROBABLE SCENARIOS TARGETS RED COLOR
DO NOT USE THIS STROTEGY FOR LEVERAGED TRADING.
It will not give you the whole wave like any other strategy out there but it will give you a huge part of the wave.
The BEST TIMEFRAMES for this strategy are Daily, Weekly and Monthly however it can work on any timeframe.
Consider those points and you will have a huge advantage in the market.
There is a lot more about this strategy.
It can predict possible target and also give you almost exact buy or sell time on the spot.
I am developing it even more so stay tuned and start to follow me for more signals and forecasts.
START BELIEVING AND GOOD LUCK
HADIMOZAYAN
SAND falling wedge breakoutSAND broke out of this 16-day long falling wedge. Trying to catch this small pullback right there.
Entry: buy 0.79 -- 0.765 (or as long as it holds)
TP1: 0.868
TP2: 0.9218
TP3: 0.989
TP4: 1.071
TP5: 1.171 (~53%)
TP6: OPEN++
Suggested SL:
0.7482 (~4%)
0.7034 (~9%)
note: this really feels like bottoming but SL is close, if I get stopped out I will look for second entry later on. (BETTER SAFE THEN SORRY!!)
All given values are approximate.
Remember about risk management, especially that BTC has been quite volatile lately.
SAND Forms Symmetrical Triangle As Bulls Attempt A Bullish Break-SAND has fallen nearly -20% over the last week
-Price has formed a symmetrical triangle
-45 MA is acting as resistance
The Sandbox (SAND) has exploded in popularity & users over the last year thanks to the ongoing NFT boom. Virtual artwork, game figures, documents, & much more has grown in great amounts over the last year as more and more people show their interest in the rapidly growing metaverse. The Sandbox is a blockchain based virtual world that allows users to create, build and sell digital assets in the form of a game. SAND effectively combines the power of decentralized autonomous organizations (DAO) and NFTs which creates a decentralized gaming platform.
Over the last few weeks, SAND has formed a wild rainbow-like structure as price pushed over a dollar & then fell to around $0.60. This movement has also formed a symmetrical triangle (shown in blue). Each time price has attempted a breakout of the top trend, it has failed as bears pulled price back into the triangle. Just over the last 4 hours, SAND has managed to break to the upside of its triangle as it heads towards the major resistance of $0.793. If bulls manage to hold this mark, expect price to head towards the next minor resistance of $0.846.
If SAND manages to hold this bullish breakout, price may be on its way back to $1.00. There are many resistance along the way but judging off the movements of other altcoins, SAND may be in position to break towards a new all time high. Although, we must take note of the potential scenario where this is a false break similar to what happened back on September 4th. If bears assert more control & pull SAND back into its triangle, it must hold its bottom trend or it may be in for another fall to the downside. SAND must hold its major support of $0.719 or its in for a major fall.
While looking at the Stochastic RSI, we can see that strength is heading towards the overbought region above the 80 value. If strength continues within this zone, we should expect SAND to continue this bullish breakout. The MACD has been coiling below the 0 value & is primed for a bullish breakout to the upside.
SAND Intraday Analysis
Spot rate: $0.77
Trend: Neutral
Volatility: Medium
Support: $0.756
Resistance: $0.793
SANDUSDT New All Time High!SANDUSDT (DAY CHART) Technical Analysis Update
New All time High
SAND/USDT currently trading at $1.035
Buy-level: Above $1.00 (Wait for the small retracement)
Stop loss: Below $0.750
Target 1: $1.25
Target 2: $1.50
Target 3: $1.75
target 4: $2.00
Target 5: $2.50
Max Leverage: 1X or buy it on spot
ALWAYS KEEP STOP LOSS...
SANDUSDT { THE SANDBOX } - BULLISH SETUPANALYSIS 🔎
- SANDUSDT is on an uptrend supported by the ascending trendline support.
- The market hit a swing high and retraced.
- Price is retesting the flip horizontal support, the ascending trendline support and the key fibonacci retracement zone (0.5 - 0.618 - 0.786).
- There's a relatively high concentration of buyers at this zone.
- The retracement is resisted by the descending trendline resistance.
- Breakout above this descending trendline resistance could be an uptrend continuation signal.
BUY ENTRY ⬆️
- Aggressive entry: the key fibonacci retracement zone.
- Conservative entry: breakout above the descending trendline resistance.
TARGETS 🎯
- Horizontal resistance level (@0.6522).
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Breakdown below the ascending trendline support and the 0.786 fibonacci retracement level.
SANDUSDT { THE SANDBOX } - BULLISH UPDATEANALYSIS 🔎
- SANDUSDT was bounded in the descending triangle pattern.
- Price brokeout above the descending triangle's inclined resistance.
- This is a bullish signal.
- Price action is printing a pennant pattern.
- There's a breakout potential.
BUY ENTRY ⬆️
- Market entry: current market price.
- Stop limit entry: breakout above the pennant pattern's inclined resistance.
- limit entry: test of the pennant pattern's inclined support.
TARGETS 🎯
- Horizontal resistance level (@0.64583).
- Horizontal resistance level (@0.66488).
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Breakdown below the pennant pattern's inclined support.
DESCENDING TRIANGLE SANDBOX 4 HOUR!! Folks,
We can analyze a lot how we want and try to understand as much as we can... but ' sometimes' trading can be unfair.. But that are all lessons..
We see here SANDBOX on its way to construct a Descending triangle. Most often than not this is a bearish pattern. It doesn't mean that prices are going to decline. NO.
But there is a high probability..
Still have a good feeling in Sandbox. We just have to be patience. I see it positive because if prices drop we have opportunity to buy in lower.
Make sure you have set your stop loss and be patient.
Sandbox 30% retracement WATCH OUTHi Folks,
As I have learned a lot lately one thing always crabs my mind in how special it really is.. The symmetricals in Technical Analysis and what happened in the past often re-happens in the future..
So If you want to know what the future may hold look back in the past..
With this lesson in mind I reviewed The Sandbox/USDT pair.. I am very interested in buying (as I missed the early opportunity).. I now wait for a nice price to step in..
The price has already retraced many times before and that is normal.. Do you know that a normal % of retracement/correction lays between 33-66 % of the price that rallied..
Thereby we see some HIGH WAVE candles forming at the top..
You see the pink rectangle area where I expect the price to drop to. It can even go lower or maybe it will stop just above the rectangle area. At least that's is the price target..
Like the content and follow for more to come..
Together we can become better traders.
After Bullish Engulfing don't buy!!Hi Folks,
How are you doing?
When you see a bullish engulfing pattern emerging on a low price area on the daily chart, what is going on in you then ?
Do you want to buy immediately? Before I educated myself I have made this mistake very often and it cost me a lot of money.
Instead of buying after a bullish engulfing I use it as a support indicator.
On the daily chart you see a bullish engulfing pattern. That is bullish.
But when you look at the 4 hour chart and the 3 hour chart you see divergence.
First of all the uptrend is constructing and these 3 candlesticks come with a high and low shadows.
This tells that the market has lost direction.. at the top at resistance level the candle comes in the form of a shooting start (bearish).
2 rules for a shooting star to be valid are;
* there must be a trend to reverse. There is.
* the shadow must be 2 times the length of the body. It is.
Now I think it will reverse.. there is a good possibility. The 1st support level is at the half of the length of the bullish engulfing pattern (daily chart).
That is at price level $0.41/0.42.- When it breaks here it will come down to $0.38/0.39.- $0.37/0.35.-
I'll be interested to jump in around one of these levels. When it hits level 1 I will look back in to the chart to analyse it.
SANDBOX/ $SAND cryptocurrency predictionThe Sandbox is a virtual world built on the Ethereum blockchain, where players can build, own, and monetize their gaming experiences.
The SAND token is an ERC-20 utility token that is used for value transfers as well as staking and governance.
Key metrics (as of August 5th 2020)
Ticker SAND
Circulating Supply 705,000,000 SAND (23.50%)
Total Token Supply 3,000,000,000 SAND
With the growth of NFT's and the gaming community over the past few years it only makes sense in my mind to invest in virtual real estate in a few of these ecosystems.
Here is my current analysis on $SAND and the current position I am taking as of July 6th 2021
Position: Long
Open price: $.30313
Stoploss: .26351
Target 1: $.35785 (Risk/reward ratio of 1.38
Target 2: $.40253 (Risk/Reward ratio of 2.58)
Timeframe: 2-6 weeks.
NEAR Protocol Sandbox (June-2021) Technical The explanation for a short-term trade:
We can see 2 clear action prize zones (white) based on pure price action analysis we have 2 possible outcomes:
Buy (green path) : the safer way to trade that price action zone is to wait for a pullback to the zone and the buy long when the price goes above the previous daily green (bull) candle close.
Targets: first TP point will be the restructure breaking point (yellow line) second TP will be the l-hight point and the last TP will be the previous H-hight point.
Be careful and know that you are trading against the tendency so adjust your risk-reward ratio accordingly
IN MY OPINION, THIS IS THE LESS LIKELY SCENARIO DUE TO THE OVERALL CURREN CRYPTO MARKET TENDENCY AND FUNDAMENTALS.
Sell (red path): The plan for this trade is to wait for the price to break down the l-low point (under the price action zone) and go short after the breakdown or wait for a test to the price action zone and then go short. This can open an opportunity for a long-term trade aiming for the 1,25 - 0,87 area.
The risk-reward ratio in this scenario can be greater.
IN MY OPINION, THIS IS THE MOST LIKELY SCENARIO CONSIDERING THE CURRENT BEARISH TENDENCY AND THE OVERALL CRYPTO MARKET