SAND
$SAND Trade Idea & Possible Targets! Hi Traders,
This is my analysis for $Sand in the next few days, I think that #TheSandBox will visit the mentioned area at 2.9~3$ and than we bounce to the mentioned Targets!
Entry will be at the 2.9~3$ area and a StopLoss after a Daily Close Below 2.5$.
If not activated, entry will be with a Stop Limit at 3.4$. ( I Prefer Using an OCO Order)
NFA, DYOR, and Good Luck.
Let me know what do you think in the comments, show support and press that like button.
Good Luck.
SAND DAILY CHART ANALYSIS! POINTS TO WATCH AT!Hey everyone
Today i show you my SAND Daily Chart Analysis
SAND did breakout of the big downtrend we had since the all time high. Currently its retesting the breakout as support and if this confirms to hold i expect a big pump within next months!
How much will SAND go up?
- My targets are 3.45$ / 4.40$ / 4.90$ / 5.60$ / 7.00$
How to enter and exit the trade?
- DCA. Enter in parts and exit the trade in parts.
I hope you guys like this idea
Bitcoin Corrects Lower, Will 37,000 Be Tested?Weekly Time-frame
About to close now the weekly candle. We can expect a beginning of the dump. Strong resistance in $41,934.Awesome Oscillator (AO) might continue the trend to the downside.
1D Time-frame
1D TF is now correcting next support waiting $40,856, $40,019, $38,001. We are still bullish if the support holds. Will see what the market will do today.
4H Time-frame
We are still in correction area, we will see if the AO prints a Green Volume or print a drop volume of red. Then we can know where it is going. We have been expecting a drop and it seems its gonna happen today.
1H Time-frame
We are in the last support of Ichimoku Cloud we drop already but we are able to enter the cloud again. We will see if we can bounce or dropping soon.
We will discuss more on the possibility on our Live. Stay tune and check with us!
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Disclaimer: Above Technical Analysis is pure educational information, not Investment Advice. The information provided on this post does not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the website's content as such. Do conduct your own due diligence and consult your financial advisor before making any investment decisions.
SANDBOX - $SANDI'm looking to accumulate Sand into my portfolio, so i'm posting this to see if i can see any patterns forming in how $Sand does in this current market state.
Short Term - I see Sand retracing a bit from today's HSBC news pump back to retest the previous support; the news helped break out of the current down trend. I'm expecting to see sideways action for the next month leading into the summer.
Long term - DCA during the dips and if it dips into the green area of support, then i will be buying more to lower my average.
Not financial advice - always do your own research.
This chart is for speculation purposes only.
SANDUSDTSand has broken above the falling trendline and formed a Marubozu close candlestick pattern, which is a bullish sign. It has a bullish divergence on the daily chart as well (the divergence is a bit weak). It needs to attract some volume which, in my opinion, will increase once it closes a daily candle above 3.38. You can either enter now (a bit-risky although) or after it closes above 3.38 for the target of 4.43 and 4.82.
Time to get excited?Here's a quick Look at SAND daily chart. As we can see, the price has been forming a bigger descending triangle and a break to the upside could be around the corner! The price is very close to a bigger break to the upside. The best entry would be, when the price breaks above the 3.45$ with good amount of volume . Definitely one to keep an eye on.
The market might shift soon, and big gains could be coming our way!
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The idea is: Buy when the price breaks above 3.45$ and take profits at the levels shown in the chart.
Targets:
1. 3.85$
2. 4.4$
3. 5.7$
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What are triangles when it comes to trading?
Key points:
"1. In technical analysis , a triangle is a continuation pattern on a chart that forms a triangle-like shape.
2. Triangles are similar to wedges and pennants and can be either a continuation pattern, if validated, or a powerful reversal pattern, in the event of failure.
3. There are three potential triangle variations that can develop as price action carves out a holding pattern, namely ascending, descending, and symmetrical triangles."
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