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New entry idea for SAND! - Keep an eye on this setupHere's a quick Look at SAND daily chart . As we can see, the price has been forming a bigger descending triangle and the price is at the apex of the triangle! The price is very close to a bigger break to the upside. The best entry would be, when the price breaks above the descending triangle 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! ------------------------------------------- The idea is: Buy when the price breaks above the descending triangle and take profits at the levels shown in the chart. Targets: 1. 3.4$ 2. 3.75$ 3. 4.4$ 4. 5.5$ ------------------------------------------- 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." ------------------------------------------- If you like the content, then make sure to comment and like the post :D Follow me for daily profitable trading setups BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
Long
by MBM_Crypto
SAND/USDT - Potential 74% SetupHello Traders! SAND has been moving in a downtrend for a long time. The price has found support near the $2.73 level. RSI on the exit from the bearish zone, the price is approaching the breakdown of the downtrend. Counting on the exit of the asset from the long correction, it is possible to work short-term from purchases, looking for such purchases can be in the price range of $2.72 - $3.00. The targets for such purchases will be price levels of $4.00 and $4.74. Close the deal using stop-loss only in case of price decrease below the price level of $2.05 Good luck and watch out for the market P.S. This is an educational analysis that shall not be considered financial advice
FTX:SANDUSDLong
by UnknownUnicorn10064030
1
Keep an eye on SAND!Here's a quick Look at SAND daily chart . As we can see, the price has been forming a bigger descending triangle and the price is at the apex of the triangle! The price is very close to a bigger break either way. The best entry would be, when the price breaks above the 3.05$ 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! ------------------------------------------- The idea is: Buy when the price breaks above 3.05$ and take profits at the levels shown in the chart. Targets: 1. 3.4$ 2. 3.75$ 3. 4.4$ 4. 5.5$ ------------------------------------------- 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." ------------------------------------------- If you like the content, then make sure to comment and like the post :D Follow me for daily profitable trading setups BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
Long
by MBM_Crypto
Decentraland (MANA) Launches its Desktop Client. How is it?Decentraland recently released its beta version of the desktop client - how does it look in its current state? From egamers.io: "Players will now experience performance enhancement upgrades with cleaner graphics, faster processing speeds, and improved stability by adding the client’s option. The client is only available for Windows in beta, with the developers welcome any feedback while more operating systems will come shortly." egamers.io The client allows for faster processing speeds, lower loading times, and opens up bigger possibilities for content creators to do things on the metaverse in ways that were previously not possible on browser-based platforms.
Long
by RyanTanaka
SANDBOX bullish long-term? Maybe.Disclaimer: This is a Newbie analyses with no past Experience! so please Take it Easy Sandbox has fallen since march to reach important support level. However, end of this month could be bullish due to several factors 1- SAND fell to the important level of support 2.67, then bounced back up strongly. 2- The RSI indicator showing SAND has been oversold by reaching under 30 index twice in a single week. 3- The down trend-line along with the upper trend line of the RSI indicator indicates a possible breakout. 4- Finally, NFTs still on fire! This is not a financial advise! Please comment your ideas about the analyses as I am new and want to learn from your experience and knowledge. Appreciate your constructive comment and feedback in advance.
Long
by ashurbanipalcrypto
The Sandbox (SAND) - April 10hello? Traders, welcome. If you "follow", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (SANDUSDT 1D Chart) (buy) - After confirming the support in 3.0743 (Stop Loss) - When it falls below 2.7 and receives resistance (Sell) - When resistance is received in the section 4.0944-4.3942 - When receiving resistance near 5.4081 A move above 3.0743 is expected to result in a sharp move. ------------------------------------------------------------ ------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume. However, for convenience, we are talking in reverse for the interpretation of the indicator. ** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet. (Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.) ** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) ---------------------------------
by readCrypto
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 Check my other stuff in related ideas. Please like👍, comment🗣️, follow me✒️, enjoy📺! ⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
Long
by bizmark
6