SANDUSDT - pump May 10th?🚀🚀🚀The position needs to be gained in parts, you must understand that a stick up can happen, and after a sharp rollback to the same values and the formation of a global bucket
SANDUSDT trade ideas
$SAND where is it going ?what about now ?
well, there's still more room for $SAND to fall
it's either the price does a double bottom now and goes back up in a healthy way (meaning reversal to the upside)
or it could dive (or slow bleed) to 1.20$ ~ 0.79$
nfa dyor
I could be wrong, u know :)...
SANDUSDT DOWNTREND CONTINUATION OR REVERSAL ?
Hello Traders,
Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it!
- Checking our 1D time chart frame we can see that SAND is in bearish mode that began in November 2021, price action has responded to a descending trendline and tumbled 75.4% from the All-Time High of $8.44. The traders are
actively selling at this upper trendline, restricting any significant bull run.
-On the other hand, the buyers had defended the $2.6 support since last quarter, preventing any excessive loss. Thus, the price action got sandwiched between the descending trendline and stiff support, yet buyers failed to hold this
important support level and the price went down to psychological support 2$ , moreover on April 30th the sellers managed a daily candle closing below the $2 support, suggesting another leg down. However, this breakdown was not
that significant, and the price jumped above $2 soon after. The $2 support is an important support level ( demand zone ) as well acting as an psychological support .
- I suggest 2 scenarios :
- Bullish scenario : Buyers will try to push the price again to S/R $2.6 , breaking this level will give us a sign that buyers trying to take control and will push the price higher in order to break the descending trendline which it will be our
trigger for bullish reversal uptrend
- Bearish Scenario : In attempt for a pullback , buyers are facing a stiff S/R $2.6 and 20 EMA acting as dynamic resistance to this price which will cause the price to dip again to level support $2 then price would accumulate for a certain
time or even price can continue its downward move to level support $1.11 .
Until now SAND is still trading in bearish mode until a new confirmation from buyers , will be watching 1D candle close above this level support $2 to take an idea where the next move would take in
Good Luck Traders!
SANDBOXSAND already breakout from descending channel, but i think sand will retest to strong support at $2.2 - $2.4
NOT FINANCIAL ADVICE
DYOR
#SANDUSDT 3H Chart
Price recently broke below the support line taking out liquidity and it is currently bouncing off the 3h demand zone. MACD is showing bearish weakness, RSI is sold and EMAs are bearish. I expect price to reach the 4h supply at $3.4 coming into next week however we shall wait for more confirmation.
The Sandbox shortThe Sandbox broke trough off the lower boundary of ascending channel. Asset broke trough off the support level. Bearish movement to support level at 1.8355 is expected to happen.
upIt is Time to get up
First Target------ 2.50334
Second Target--- 2.77628
Third Target----- 3.10541
SAND NEW UP TRENDHere is SAND on a great demand zone whit a huge potential to swing to following targets. this is a 10% portfolio worthy for a 3x or 4x leverage.
entry : 1.84 2.04
targets : 2.12 2.26 2.36 2.5 2.8 3.4 4.5 6
stop loss : 1.62
worthy for 3x leverage
2022-05-2 (356)
📊SAND: is huge PUMP coming? Half-year downtrend come to an end!🎯Sandbox (SAND) is one of the top game-fi projectsand has been in a downtrend for 161 days. The price has fallen from the highs by 78%. Traders with margin positions were liquidated on the last DUMP - this is shown by Volumes.
🔶 On the chart I have marked such important zones:
support zone - $1.99-$2.20
huge value zone - $2.47-3.35
value zone - $3.97-$4.33
I mark these zones with horizontal volumes. If you don't know how to use them, let me know in comments! I`ll make a education idea for you!
The price rebounded from the $1.99-2.20 support zone and broke the trend line. But a local pullback is possible.
Globally , it is important to look at the price reaction when the global trend line is tested. If the price starts pushing under it, it is very possible for SAND to reach the zone of $3.96-4.33.
After such a long downtrend, many traders and investors closed their positions at a loss or break-even and do not want to buy, although if Bitcoin continues its uptrend, the price may renew its ATH.
Friends, press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
sandbox pennantvery intersting price to recharge, looking for the price to hit all time high after this pennant break
SANDUSDTHI guys
I'm here with a new analyze of The Sandbox coin
Is forming a compound correction and the place of it is Wave 4
The first section of corrective phase is a Zigzag and the second one is a Flat
Flat has 3 waves(a,b and c) that are shown in red in the box named Flat on chart
The wave C of Flat has made of 5 elliot waves that 3 of it has formed and we will have wave 4 and 5
At the end of the wave 5 we can open a long order
we can find the end of the correction(the wave 4) with pitchfork or fibonachi clusters
SAND looks like it will go down more but time is running outThis is now the third move down, the first two moves had similar lenth and distance, so be the short trend on SAND might end soon
SANDUSDT Falling wedge daily timeframesand is the metaverse driver.
if btc cooperates we can expect a nice upside rally out of sand.
Keep sandusdt on your watch list.
ALWAYS USE STOPLOSS........
Sand To infinity...and beyond!sand is rdy for the next pump and its gonna be huge! it has good funda and good looking chart jump in the bus so u dont miss this opportunity!
comment ur idia im happy to hear them <3
SANDUSDT is on the thin iceSANDUSDT might prepare to slide below the support of 2.6 and reach 2.00 soon
Sand | EW | We hit 1.618 for a wave 3 wich rejected perfectly , we are now expecting a wave 4 and wave 5 for this C wave.
Wave 4 1st target - 2.44 ( most common )
wave 4 second target - 2.5
-------------------------------------------------
Wave 5 target where this C wave corection ends is at 2.12 $ , we have confluence measuring the abc and measuring the C wave . So 2.12 $ where we should have a pump and continue dump after . Updates will come as we see the chart unravels .
SellWe are witnessing the market of sellers' hands. Low ceilings and fixed floors and downward failure. From here, I give the possibility of sharp downward movements
SAND DESCENDING TRIANGLE PATTERNSand is looking bullish…. But for now, I want the market to make one last pullback to eat already entered buyers SL’s and then what can happen is that SAND can take support from its demand zone and can continue to go on to break the descending triangle pattern upwards…
I am thinking of entering around 2.40 - 2.45 level….
1st Target → 2.55
If it keeps on going, then I'll think of trailing my stop loss and continue the ride…
Hope you like it and plz press the follow button to support my ideas (:
(((((NOT A FINANCIAL ADVICE)))
BINANCE:SANDUSDT
Sand | ew | short term movement |I'm watching this triangle for a wave 4 of minor degree into wave 5 , i want to trade this wave D to E from 2.52 to 2.61 , after this a retrace to the 2.33 to complete the wave 5 of minor degree.
