Sandlong
Falling Wedge Breakout for SAND/USDTSAND/USDT just broke above the very clear falling wedge in the 4H , which started its formation around the 29th of November.
Currently waiting for a retest on the trend line to enter a LONG position.
My SL will be set a little bit below the base of the triangle and my TPs as seen on the chart.
#SAND UNSTOPPABLE Are we about to test $7 SAND is unstoppable since we have reached out Targets as posted earlier of $5.5, it seems we have now pierced FIB 1.618 without any upper wicks seems there is little or no selling pressure so far,
if it keep going like this we are going to test the centre of fib between 1.618 and 2.618 which takes us to approx. 7.10$.
SAND/USDT (WHAT'S NEXT)Good Morning, I'll try to make it simple this morning!
-First, we can see that we would have completed our 5 wave at 0.618 extension, we can see that the RSI and the STOCH on the daily we are in a big overbought zone
-The plan ? : A possible retracement at our 4.68 so I went into position at the 0.618 extension, with a short for the retracement.
- I would take our retracement from 0.618 to the level of 4.68-4.8
There is nothing else to add. We must keep in mind that we have just made our 5th wave and a retracement is necessary
SAND/USDT (WE MAY GO FOR A PULLBACK)
Sand/usdt outperformed btc in the last 4 days as i predicted, but wait a minute a cryptocurrency can't to the moon without some pullback or correction we can see that rsi 4h 1 days are in overbought .
Sand/usdt have been in a parallele channel , what we can see ( the most probability things is to see a break down to complete our 4 wave , we know that the RSI , STOCH are in overbought we are also in the end of wave 3 )
-What can we do now ? When we are going to see a breakdown of the channel we can enter in a short position with a sl in the middle of the channel to avoid any fakeout ....
-if we broke the channel to the upside the simple answer is that the 3th wave is not finish and we can see more upside in the next hour.
Thanks you for reading , have a good trading session on our thursday !
The Sandbox SAND next levels SANDUSDT has made some correction after making big move previously. On hourly time frame if candle closes above 2.665 level we can see a move above 3 as smaller time frame downward trend line is also broken. on the downside support levels are at 2.4175 and 2.16. With the stop losses at support levels on can attempt a long on it
The Sand Box (SAND) Update 30/10/21: New ATHs 200% Gain from Buy30/10/21 Update: All short-term price targets reached. SANDBOX has gained over 200% from $0.78 to $2.45 since we had the 13 EMA cross over the 50 SMA on the 24th October. We will update the chart with new targets after we cool off. Please see previous analysis below. Happy Trading :)
28/10/21 Update: SAND is currently 10% away from the new ATH set on 31st August. From here we can expect a retest of the ATH and our price targets at the 127.20% fibs @ $1.45 (35% away) and the 161.80% fibs $1.80 (68% away)
Please see previous analysis below :)
The Sand Box (SAND) Update 10/ 05 /21: $2 SAND Price Target...282% gain from $0.53 to $2 at the 261.80% Fibonacci level when it really starts to move. We hit $0.91 on March 28th and have since been in a accumulation phase between the 50% and 78.60% Fibonacci level signalling a weak retracement and a break above the 200SMA will signal further bullish market sentiment for SAND. We can expect $1.33 next few weeks.
Update 03/ 05 /21 The Sand Box (SAND) New ATHs $1 dollar very very soon. 47% gained from Buy Zone 1. 49% Gain from here ($0.63 to $0.96) to the 127.20% Fibonacci level! See previous analysis below :)
The Sand Box (SAND) Update 25/03/2021
Since reaching a new ATH @ $0.79 on 13/03/21 SAND has been consolidating after retracing down 36% from this ATH to $0.50 in just 4 days from this new ATH . It has been sitting in this beautiful range between 78.60% to 61.80% showing us signs of a weak retracement as we wait for the Bulls to come back into the market to push the price higher. Although some selling pressure has been present, a triple bottom has formed giving us confidence of a bullish sentiment at this key resistance level and we expect the price to continue to climb and the Bulls to take control as we search for a new ATH @ 127.20% Fibonacci level. Be patient, use the Buy Zones to map out your buys or DCA to accumulate. There is very high probability of setting a new ATH @ $0.96 after testing the previous high @ $ 0.79. A potential 69% Gain from the 61.80% Fibonacci level here. Happy trading :)
*Update from March 15th 2021
Buy zone or use the 78.60% Fibonacci level as a buy limit @ $0.579. The Sand Box (SAND) is still looking parabolic and is still in search of new ATHs. Since the 13 EMA crossed up the 50 SMA signalling a buy signal, the price of SAND has gone up by 190% from $0.20 to $0.68 in just over 2 weeks. Since this huge move towards the upside we have still not had a big correction in price, so if you would like to buy in, use the buy zones to map out your buys. Potential 50+% gain to the 127.20 Fibonacci level. Our next price target at the 161.80% Fibs is $0.99 (70% Gain), we could see $1 SAND before the end of the month with the current momentum to the upside.
Buy zone 1 @ 78.60% Fibonacci level, enter here.
Key Notes:
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 decentralized autonomous organizations (DAO) and non-fungible tokens (NFTs), the Sandbox creates a decentralized platform for a thriving gaming community. *