SAND (Sandbox) and altcoins analysisExample 2
💰ETH (COVID dump )
-70% ➡️ peak volumes at the bottom ➡️ gradual recovery and bull run further
💰SAND (now)
-56% ➡️ Big volumes at the bottom ➡️ projecting gradual recovery
Similar price action was on most of altcoins during Covid.
So now we should expect similar price action on most of altcoins too. But the main thing is to decide which Example it could be. Of course, there are other scenarios that you could draw.
Sandboxanalysis
Theta coin formed a bullish Gartley | A good buy opportunityHi dear friends, hope you are well and welcome to the new trade setup of The Sandbox (SAND).
Previously I shared a long-term trade setup for SAND, which is still in play as below:
Now on a 4-hry time frame, SAND with BTC pair has formed a bullish Gartley pattern for another pump soon.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
The Sandbox SANDUSDT price has a chance to form "Inverted H & S"It is very likely that the SAND token price of the once quite popular The Sandbox project is now close to the low of this protracted downtrend.
Looking at the global chart of SANDUSDT, it is safe to say that the price range of $0.38 - $0.45 is a tasty zone for placing buy orders with a grid. Of course, if you believe in this project and see future prospects in it and in the gaming crypto world in general.
The first target for the possible growth of the SANDUSD price is $1-1.20 (x3-x4 growth)
In the longer term, if and when the crypto market comes to life, we can think about the SAND price in the range of $2.50-3.50.
It is in this liquidity zone that the target of the probable "Inverted Head and Shoulders" pattern falls.
More precisely, the final growth target can be calculated when the formation of this pattern is finally confirmed.
Then we will update the idea of SANDUSDT with more specific targets for the final growth.
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SANDBOX the last chance (bottom) and the range market 📖🚀Hello 🐋
Based on the chart, the price is close to the major support (bottom) or better to say the previous zone that started its amazing pump to the upside ✔️
we
expect to see gain besides the range market is acceptable scenario too 📖💡🚀
and
if the price break the rang area to the upside, we will see more gain 🚀
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
SANDBOX/USD TRADE SETUP.Hello traders, here's a trade setup to SAND in 4 hours TF. SAND is trending under a triangle that looks like an ascending triangle. Currently, the price got rejected from the upper trendline ($1.5) and possibly it will drop towards the $1.3 support range.
Perfect entry: $1.3 to $1.36
Stop Loss: $1.23
Target: $1.5+
The strategy will be to accumulate the bottom, sell 50% at the resistance and if SAND breaks out the resistance then re-enter at the retest ($1.5 to $1.54). If SAND gets rejected from the resistance ($1.5) then wait for the re-entry between $1.3 to $1.36)
This chart will get invalid if it breaks down below the $1.23 level.
Trade safely.
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.
SANDBOX Bearish?!Disclaimer: This is a Newbie analyses with no past Experience! so please Take it Easy
The candles have almost formed a bearish head and shoulder pattern suggesting a bearish rally to 2.65 strong support level.
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.
SANDUSDTHello Traders,
Sandbox pushed up to it's upper daily zone and continuously moving up.
Now we're consolidating our hourly resistance and ready to push even higher.
Our next target it big supply zone around 3.44. If we successfully break supply zone it's gonna retest and price will push even higher.
Since Sandbox game and Metaverse is a big trend this year It's possible to get new all time high :)
(Non financial advice)
The Sandbox: Short-term price targets reached, New Target @$34Our current Target for Sandbox is at the full fib extension @ $34. To put this in perspective, If The Sandbox had a market cap of $30.3B, 1 SAND would be worth $34.00, an upside of 337% from the current price level. This move may not be so straight forward as we haven't experienced any huge profit taking since the start of this parabolic run on the 26th October. From the current price level we have an extremely overbought RSI looking at the technical indicators suggesting a small cool off period could be on the cards. If The Sandbox retraced to previous lower levels, this will in-fact be very healthy for the structure as we have previously seen some resistance around $5, $4 & $2.45 at the Buy Zone if you are looking to DCA after taking some profits from the top. This scenario here is valid if The Sandbox breaks below the 50% fibonacci retracement level @ $4.08 to retest the 50SMA. Otherwise, from the current price we can expect a weak retracement to the 61.80% fibs @ $5.04 before we start pushing again for the next leg up on SAND. This area around the 61.80% fibs is another great area for to enter and ladder up your buys if you missed this great gem earlier in the year.
Our current price Targets for SAND from the current price:
127.20% Fibs at $10 (42% Gain)
161.80% Fibs at $13.15 (80% Gain)
227.20% Fibs at $18.45 (153% Gain)
461.80% Fibs at $34.37 (371% Gain)
Happy Trading. Please see previous analysis below :)
The Sandbox (SAND) Update 17/11/21: New ATH @ $3.63. The Sandbox (SAND) is one of our portfolio picks from early January, from our entry on the 24th January, SAND has grown 4050% ($1000 investment from January will now be worth $40,500 portfolio value). Launched in 2011 by Pixowl, The Sandbox is a blockchain-based virtual world allowing users to create, build, buy and sell digital assets in the form of a game. By combining the powers of decentralised autonomous organisations (DAO) and non-fungible tokens (NFTs), the Sandbox creates a decentralised platform for a thriving gaming community.
This was one of our January Picks exclusive to our members , Click Link in Bio to Join
⌛🦜SANDBOX - Breakout and next TargetTold you that SANDBOX will outperform MANA and AXS and it is now happening:
Price has broken over reisistance and is storming to the next target prices. Metaverse is coming fast.
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 🏴☠️