#SAND/USDT#SAND
The price is moving in a bearish channel on the 12-hour frame, and it adheres to it well, and the price rebounded from the green zone
After rebounding from a significant decline, it is expected that the downward gap will be filled
We have a tendency to stabilize above the Moving Average 100
We have a downtrend on the RSI indicator that is expected to break higher to support the rise
Entry price is 0.4430
The first target is 0.5300
The second target is 0.6094
The third goal is 0.7113
Sandboxusdt
The Sandbox Launches 100M SAND Game Maker FundThe Sandbox recently hosted its first-ever Global Creators Day in Hong Kong, making significant announcements that promise to reshape the landscape of user-generated content (UGC). The platform revealed plans for open publishing and introduced the impressive 100M SAND Game Maker Fund, signaling a bold move to empower creators within its ecosystem.
In a strategic move to further bolster its commitment to creators, The Sandbox unveiled the 100M SAND Game Maker Fund. This substantial fund is dedicated to supporting innovative projects within the platform’s ecosystem. Creators can apply for funding to bring their visions to life, marking a significant step towards a more collaborative and dynamic metaverse.
The Sandbox’s native cryptocurrency, the SAND token, will play a pivotal role in the new initiatives. Creators will be able to utilize SAND tokens for transactions within the platform, adding a layer of decentralization and security to the creator economy. This integration aims to provide creators with a fair and transparent way to monetize their creations.
One of the major highlights of The Sandbox’s Global Creators Day was the announcement of open publishing. This new feature aims to provide creators with a more streamlined and accessible way to share their content with the world. By enabling open publishing, The Sandbox is fostering an environment where creativity knows no bounds, allowing a diverse range of creators to showcase their talents on a global scale.
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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SAND/USDT - LONG----- Welcome, dear followers! -----
- Here is my trading methodology. I trade with a normal system and analysis of resistance and support, as well as price reversal patterns.
- For the record, I do not place a stop loss within my trades. So that I only risk 1.5% of my total capital in order to support the loss due to a price reversal against me.
- If a price reversed against my expectation and touched the drawn line r3, then I transferred targets to the entry point and waited for the price to close at it with a loss equal to almost zero.
- Today's deal is shown in the chart, and here are the entry and exit points below.
-- Support me with numbers and follow up on my account for other deals in the future. Thank you for coming to this part. --
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⚡️⚡️ SAND/USDT ⚡️⚡️
Exchange: ByBit USDT
Trade Type: Breakout (Long)
Leverage: Cross (3.0X)
Entry Orders:
1) 0.8519 - 100.0%
Take-Profit Orders:
1) 0.8792 - 60.0%
2) 0.9017 - 30.0%
3) 0.9353 - 10.0%
Trailing Configuration:
Stop: Breakeven -
Trigger: Target (1)
SANDUSDT 1D Is it time to play in The Sandbox again?)During the strong fall of the crypto market in May-June 2022, the SANDUSDT price reached a liquidity level around $0.70
Around this level that the liquidity position was gathered in October 2021 before the upcoming 1100% upward pumping.
In June 2022, the rebound from the bottom was +84%, but the price of SANDUSD, despite two attempts, at this moment could not get a foothold in the upper part of the downtrend channel.
The message of this idea is simple: if you believe that game tokens still have a future in the crypto market, then The Sandbox is worth your attention. At least on the chart we see activity and the struggle of buyers and sellers.
Ideally, wait for the Sand price to fix above $1.10-1.20.
The first target from above is $2
Large positions will begin to sell off no faster than in the liquid zone of $2.50-3.50
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Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
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.
SANDUSD Buy Above Downtrend LineThis chart shows periods of sharp growth followed by a down period
So far the pattern has repeated twice
A third up move is up coming next if the pattern repeats again
This will most likely occur once price breaks the orange downtrend line
Price once upward break out will most likely reclaim the weak yellow uptrend
Weekly Chart
SAND DESCENDING TRIANGLE PATTERNSand is looking bullish…. But for now, I want the market to make one last pullback to eat already entered buyers SL’s and then what can happen is that SAND can take support from its demand zone and can continue to go on to break the descending triangle pattern upwards…
I am thinking of entering around 2.40 - 2.45 level….
1st Target → 2.55
If it keeps on going, then I'll think of trailing my stop loss and continue the ride…
Hope you like it and plz press the follow button to support my ideas (:
(((((NOT A FINANCIAL ADVICE)))
BINANCE:SANDUSDT