SANDUSD
Potential Boost coming for SANDOn a higher Time Frame, SAND is moving in a symmetrical triangle and on a lower TIme Frame, it is moving in upward channel.
Also it has found strong support on 1 Day 20 EMA.
So there are two potential scenarios here.
Scenario 1 (Black path) - SAND to move in an upward channel and break above Upper part of the symmetrical triangle
Scenario 2 (Red Path) - SAND to break below current channel and then find support on 1 day EMA before continuing its journey up.
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Note - These are my personal notes and in no way a financial advice. Do your own research and Trade wisely
SAND IS GOING NUTSDamn I have been watching this coin forever since like february but never actually bought any. Look at the beautiful +400% play in just one month. Probably going into support at around .70cents and let's see if it will hold that level and move up again. Something to look at for in the future
Sand back on the road $SAND #SANDSand back on the road. It has broken a long-term downtrend and is now ready to move higher. Price targets and resistance are drawn.
Currently, due to the increase in the bitcoin range and its movements, all altcoins will be affected by it. The analysis is just a series of probabilities.
I hope you find this analysis useful🌹
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The Sandbox (SAND) - July 21Hello?
Welcome, traders.
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Have a good day.
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(SANDUSD 1W Chart)
If the price is maintained above the 0.22077588-0.24697999 range, we expect the uptrend to continue.
(1D chart)
If the price is maintained in the 0.35780143-0.46672461 range, it is expected that the upward trend will continue.
However, it is important to break out of the downtrend line.
If it falls from 0.35780143 point, Stop Loss is required to preserve profit and loss.
However, it is possible to touch the 0.19441666-0.24887825 section and rise, so be prepared for this.
It should move above the 0.52118620 point to accelerate the uptrend.
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(SANDBTC 1W chart)
If the price is maintained above the 605 Satoshi-787 Satoshi range, it is expected that the upward trend will continue.
(1D chart)
It remains to be seen if the 1240 satoshi-1380 satoshi section can support and rise.
If it drops from the 1240 satoshi point, it remains to be seen if the price can be maintained at the 955 satoshi-1240 satoshi district.
If the price holds above the 955 Satoshi point, it is expected to maintain an uptrend.
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We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves.
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** 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 the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** 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.)
** See support, resistance, and abbreviation points.
** 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.
Explanation of abbreviations displayed in the chart
R: A point or section of resistance that requires a response to preserve profits.
S-L: Stop Loss point or section
S: A point or section where you can buy to make a profit as a support point or section
(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.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day.
G1 : Closing price when closed
G2: Opening price
(Example) Gap (G1-G2)
SAND - Daily ChartSAND could not break the last resistance as I mentioned in the last chart.
Now it's getting support like the other coins and looks good for opening long positions.
But take it from me... wait for another resistance and open short positions. Market is still fragile.
Current Market Price: $0.45553
Good Luck
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SAND - A Coin That Isn't Boring. Finally!Finally, a coin that isn't boring...
Look at this guy pumping!
It has pumped 70% on this bearish market and the buy volumes are still very STRONG.
You see the lower resistance on the chart? that's the border. if you're into opening long positions, wait until the price crosses that area and then after the closure of the first 4H candle above that, open your long positions and aim for the TP.
Those two supports can hold the price up but if they fail then I'll update this chart.
Current Market Price: $0.66700
Good Luck
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SAND - StrongNow on the other side, this SANDUSDT is showing a lot of strength.
The buy volumes are still very high and now it's getting a bounce from the middle Bollinger Band and the local fib.
You can open your long positions right after the price crossed the resistance area and then aim for the TP.
if you want to keep it safe, open your long positions right after the closure of the first 4H candle above the 4H area.
Current Market Price: $0.455
Good Luck
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SAND at breakout level ???Will SAND breakout from here???
When we look at the SAND-USDT chart we can see that SAND sits in a symmetrical triangle which most of the time breaks out to the top.
My fist target is the 4h 200 Moving average @ 0.42 and hopefully find support on the .328 fib.
My targets for the long run:
°0.384 (.382 fib)
° 0.449 (.5 fib)
° 0.515 (.618)
° 0.608 (.786)
° 0.664 (.886)
° 0.727 (1)
Don't forget to get profit or set alerts when we hit the next fib levels.
You can always buy it back when it is tracing back to a lower support level. It will not go in one straight line up.
Also keep a close eye on BTC . If BTC starts to pump it is better to move some of your profits into BTC .
Your end goal should always be to increase your BTC amount.
Cheers and have fun.
° Be Patient – Don’t panic – Trade Emotionless.
° Never lose a winning trade. You can always get back in later.