SAND in danger !Hello traders, welcome back.
* This is not a financial advice, use the idea with your own strategy and risk management *
I published an analysis on Sand few days ago, explaining what has happened and what is probably going to happen, you can read it here :
anyways, I explained that we would probably hit ATH once again, as we did so, its time to decide;
Currently price is forming a doji candle stick on daily chart and an engulfing bar on 4h chart, for daily we need confirmation of todays close and tomorrow.
but as we hit ath we might form a double top which is a bearish pattern.
I wouldn't recommend any buy or sell order here, all I wanted to warn is that this thing might go down so save some profit and put your sl on breakeven to prevent from any loss.
* This is not a financial advice, use the idea with your own strategy and risk management *
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SAND
💡Don't miss the great buy opportunity in SANDUSDTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (3.3250).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. SANUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 64.
Take Profits:
TP1= @ 3.6397
TP2= @ 3.9962
TP3= @ 4.3251
TP4= @ 4.9970
SL= Break below S2
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💡Don't miss the great buy opportunity in SANDUSDTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (3.3250).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. SANUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 64.
Take Profits:
TP1= @ 3.6397
TP2= @ 3.9962
TP3= @ 4.3251
TP4= @ 4.9970
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
⌛🦜SANDBOX- Will Bury Both MANA and AXS (under the sand) 🏴☠️☠️It's coming and it's coming STRONG!
SANDBOX is our Top of the List selection for the 'Metaverse/Game'' category.
Unlike our general disappointment with the Decentraland (MANA) experience which is 'Up but not Running well'.
There is a map to the treasure and you can check it out here: www.sandbox.game
You can check our view on MANA as well as AXS in our previous posts below.
MAJOR NEWS:
Sandbox Metaverse Alpha to launch Nov. 29 after four years in development and our information (which is usually right as we like to go deep into research) is that it is AWESOME!!!
Then again that's a personal opinion, now you know ours.
One Love,
the FXPROFESSOR 🏴☠️
PS. As you might have noticed we were not posting a lot the last few days because a correction was kinda expected. We wanted to post after that would happen... Sandbox has been flying already the last couple of days despite the dip. I wish we had the balls to share this with you a bit earlier but better late than too late!
Clear Long for MANA ?We are expecting the bars to touch our long term support and when we touched (We get a pump in the price)
Our pattern is Flag (Bullish one)
Or break down and retest our support line 2.48 ... (that will get us to figure out what pattern we will use in the chart)
About my predection i think that MANA will pump when we touch the long term support !
P lease Follow and Comment your favourite coin and i will do my research about it
SAND printing a nice Falling Wedge - Keep an eye on this!Here's a quick Look at SAND 2 hr chart. As we can see, the price has been forming a falling wedge and we could see a break either way soon! Keep an eye on this falling wedge!
The best entry would be, when the price breaks above falling wedge with good amount of volume .
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The idea is: Buy when the price breaks above falling wedge and take profits at the levels shown in the chart.
Targets:
1. 2.77$
2. 2.99$
3. 3.19$
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What Is a Wedge in the context of trading?:
"A wedge is a price pattern marked by converging trend lines on a price chart. The two trend lines are drawn to connect the respective highs and lows of a price series over the course of 10 to 50 periods. The lines show that the highs and the lows are either rising or falling and differing rates, giving the appearance of a wedge as the lines approach a convergence. Wedge shaped trend lines are considered useful indicators of a potential reversal in price action by technical analysts.
Key Takeaways for Falling wedges:
1. Wedge patterns are usually characterized by converging trend lines over 10 to 50 trading periods.
2. The patterns may be considered rising or falling wedges depending on their direction.
3. These patterns have an unusually good track record for forecasting price reversals."
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
SAND's bullish Movement is not over yet!Hi every one
SAND/USDT
SAND has done a Pretty Bullish Movement recently, But This seems to be only the Beginning! as you can see The Price has Created a Bullish flag Pattern! this pattern is Gonna Increase the Price as much as the flag Pole! when the break out happens, we shall see SAND fly!
🟢Summery:
-SAND is in a Bullish Flag
-No break out yet!
-we shall see It Fly soon!
💎Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Thank you for seeing idea .
Have a nice day and Good luck
MANA IS GOING TO RIP!This is as good as it gets fellas! MAJOR move incoming after a break of this flag. NFT projects have been pumping recently, esp. this one, expecting a rip thru this consolidation flag and a move the the 3.618 fib level with little drawdown in between
- note: flag could break downwards and form a channel, that is the only other option I see with this coin. I will be playing a breakout of a channel as well