SAND
SAND🏖️ out of the box📦Sandbox seems to be breaking up out of this triangle 📐 and if successful I think there is chance for run to 5.4 and even higher.
ENTRY : local high @ 3.362
STOPLOSS (SL) : local low @ 2.99
TARGET (TP) : height of the triangle projected from midpoint of the local range (BUY STOP-LIMIT - SL) @ 5.4
REWARD RISK RATIO (RRR) : 5.0
INVALIDATION : when SL level hit
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⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
Sand needs more volume to move upSand is out of triangle and it’s in an important price range right now. 3.5 could be new resistance or support.
New resistance for bullish move would be 3.77
And if it goes down (hope not) new resistance would be 3.5 and support would be 3.14
Current volume is not sufficient for bullish move. Watch it in the hours ahead.
SAND | Getting Ready for Another Bullish Wave..!!
#SAND (Update)
Getting Ready for Another Bullish Wave..!!
Falling Wedge Formation in Daily timeframe Chart.
Looks Promising for Breakout 👊
In Case of Breakout, Target Would be 20$..
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SAND up to 480%, $22On daily chart
BINANCE:SANDUSD has done the fourth wave at 2.5 and has been happening the fifth wave, which target is at 22.
That level is a cluster Fib:
- 1.618 Fib the first wave at 1.2
- 1.382 Fib lower level the third wave at 8.4
Besides, we have a invalidation level at 2.3
Wait and see
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Metaverse tokens like The Sandbox The shift seen the past couple of days are a trend where metaverse tokens are trending and the biggest one is the Sandbox metaverse where quite a few celebrities like Snoop Dogg and Steve Aoki have invested.
In this chart can we see the Sandbox breaking the downtrend and the price is in the higher KC as well as a stable upward trending RSI with a lot of gas left until the token is overbought. MACD is also showing signs of opening upwards as well and the signal line is crossing the MACD line.
On the four hourly chart can we also see that volume is increasing which pushes the price upwards.
Not financial advice.