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SANDUSD

SAND/USDT Technical Analysis - Potential Bullish OpportunitySAND/USDT has exhibited a notable XABCD harmonic pattern formation, coinciding with a pivotal support level. This suggests a potential bullish reversal from point D, indicating favorable trading opportunities for discerning investors. Harmonic Pattern Analysis: The XABCD harmonic pattern observed in SAND/USDT signals a systematic price structure characterized by precise Fibonacci relationships. The completion of this pattern at point D suggests a high probability of trend reversal, presenting an optimal entry point for bullish positions. Key Support Area: The convergence of the XABCD pattern with a key support area strengthens the bullish bias, reinforcing the significance of the anticipated price movement. This confluence enhances the reliability of our analysis and underscores the importance of the identified entry level. Entry Strategy: We recommend initiating long positions near the price level of 0.5053, strategically aligning with the completion of the harmonic pattern and the established support region. This entry point offers favorable risk-reward dynamics and positions traders advantageously for potential upside movements. Risk Management: To mitigate downside risks, it is prudent to implement a stop-loss order near 0.3532. This predefined exit point safeguards capital and preserves trading discipline, ensuring minimal losses in the event of adverse price fluctuations. Profit Targets: Our profit-taking strategy encompasses two distinct targets to capitalize on the anticipated bullish momentum. The initial profit target (TP-1) is set at 0.6584, representing a conservative approach to securing gains. Subsequently, the secondary profit target (TP-2) is identified at 0.8115, offering the potential for extended profitability as the uptrend unfolds. Conclusion: In conclusion, the technical analysis of SAND/USDT reveals a compelling bullish outlook, characterized by the formation of a XABCD harmonic pattern and the confluence with a key support area. By adhering to the suggested entry, stop-loss, and profit-taking levels, traders can optimize their trading strategy and capitalize on the anticipated price appreciation. Disclaimer: This analysis is based solely on technical indicators and historical price data. It is imperative to conduct thorough risk assessments and exercise prudent risk management practices when executing trades in the financial markets.*
BINANCE:SANDUSDLong
by trading_jupiter
SAND/USD - Bullish Potential Identified at Key Support ZoneKey Support Area Analysis: SAND/USD is currently positioned at a critical support level, historically significant as a former resistance zone. This level also coincides with the 4-hour trendline, reinforcing its importance in our analysis. Bullish Outlook: Considering the convergence of support factors, our analysis suggests a bullish bias for SAND/USD from this juncture. Trade Recommendations: Entry Point: We recommend taking entry near 0.59085, aligning with the support zone and anticipating the initiation of a bullish move. Stop Loss: To mitigate potential downside risk, it is prudent to set a Stop Loss near 0.5350, strategically placed below the support level. Take Profit Targets: We propose the following Take Profit levels: - TP-1: 0.6487 - TP-2: 0.7038 - TP-3: 0.7600 These targets are derived from technical analysis and represent potential areas of resistance where profit-taking could be considered. Risk Management: It is essential to adhere to sound risk management principles, including proper position sizing and adherence to the predetermined Stop Loss level. Conclusion: In conclusion, the technical analysis suggests a favorable risk-reward opportunity for a bullish move in SAND/USD, with clear entry, exit, and risk management parameters outlined. Traders should monitor price action closely and adjust their positions accordingly as the market evolves.
BINANCE:SANDUSDLong
by trading_jupiter
SAND LONG OPPORTUNITY | +$1 SAND SOONSAND has formed a year-long cup and handle pattern. Traditionally, this pattern is a bullish indicator of continued upward movement. The cup and handle have played out perfectly, and we are getting further confirmation by going back upwards to retest the resistance in this pattern. If this resistance is broken, I expect a 57% increase in the price of SAND in the short term, which would put the price above $1 (~$1.085). This is potentially a great entry to a long or large spot position before a swift upward movement. The altcoin market cap, including ETH ( CRYPTOCAP:TOTAL2 ), is already front-running the altcoin market cap, excluding ETH ( CRYPTOCAP:TOTAL3 ). This is another bullish indicator that the alt coin market may be ready for another leg up, helping out patterns play out.  I am personally adding to a spot position here, but if I were going to wait too long, I would wait for confirmation of the breakout above the resistance by 5–10%. DYOR and bring home those gains.
BINANCE:SANDUSDLong
by altsandislands
4
sand → you can hold it on 0.37$hello guys... as you can see this coin broke up the descending channel and made a head and shoulders pattern on the breaking area! so we can expect the price is going to touch the 0.37 area as a pattern's target and then it will start an upward movement toward 0.74$ and 0.99$! ______________________ always do your research. If you have any questions, you can write them in the comments below, and I will answer them. And please don't forget to support this idea with your likes and comment
by melikatrader94
4
#SAND #SANDUSD #SANDUSDT #Short #ShortSetup #Eddy#SAND #SANDUSD #SANDUSDT #Short #ShortSetup #Eddy Its my "ARB/USDT" short setup <3 Enjoy Guys ;-) (("All the relevant areas and explanations on the chart are clear and clear, the trading setups need to get confirmation to enter, if you don't know how to get a trigger and confirm entering into transactions, this analysis is not suitable for you, the above analysis is for professionals. and if you are a beginner, my suggestion is that you don't destroy your capital and first learn technical analysis and basic trading along with psychology and risk and capital management from reputable sources and courses, and then enter the financial markets.")) (("The above analysis and setups and points and areas are combined with most of the combined styles such as price action, supply and demand, RTM, ICT and also with the analysis of important indicators such as Dominance Tether and Bitcoin. If you are familiar with the mentioned styles and know how to get approval to enter the above styles, use the above analysis. This is not an investment proposal and only my opinion, please act based on your experience and decisions.")) Related Bitcoin Analysis : (( BTC/USD )) : Check Link :
Short
by Eddy_Trade_
Wiggle range: 0.6418-1.0030Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (SANDUSDT chart) (1M charts) In order to switch to an upward trend, the price must be maintained above the MS-Signal indicator. Additionally, in order to show a major upward trend, the price must be maintained above the HA-High indicator. Accordingly, after rising above the MS-Signal indicator, it is necessary to test support near the MS-Signal indicator and check whether the HA-High indicator is generated by falling. However, there is a possibility that the price will continue to rise and rise above the HA-High indicator, so it is necessary to check the movement after it rises above the MS-Signal indicator. (1W chart) The HA-Low indicator is an indicator created during the low point. Accordingly, if the HA-Low indicator is supported and rises, it is likely to start an upward trend. If the price rises above 0.6418 and holds, it is expected to turn into an upward trend. Before touching the HA-High indicator on the 1M chart, you need to make sure that you can touch the HA-High indicator on the 1W chart. Since the RSI indicator appears to have entered the overbought zone, if there is a shake in the 0.6418-1.0030 range, the HA-High indicator is expected to fall and be created. If it shows support near the HA-High indicator, it is time to buy. The HA-High indicator is an indicator created during the high point, so if it encounters resistance at the HA-High indicator, it may fall to touch the HA-Low indicator, so caution is required. (1D chart) Where to look for the bottom can be viewed differently depending on the investment period. The bottom section I see is below 1.0030. Therefore, I think full-fledged buying will occur when the price appears to be maintained above 1.0030. Aggressive buying is possible when support is found in the 0.6418-1.0030 range. If the price holds above 1.0030, I think there is a good chance that a sharp rise will begin. When the rise begins, 1st: 1.3628 2nd: 2.6887-2.8152 It is necessary to check whether there is resistance around the first and second stages above. -------------------------------------------------- - The big picture The full-fledged upward trend is expected to begin when the price rises above 29K. This is the section expected to be touched in the next bull market, 81K-95K. -------------------------------------------------- ------------------------------------------- ** All explanations are for reference only and do not guarantee profit or loss in investment. ** Trading volume is displayed as a candle body based on 10EMA. How to display (in order from darkest to darkest) More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA ** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own. ** This chart was created using my know-how. ---------------------------------
by readCrypto
The Sandbox (SAND) - July 5Hello? Traders, welcome. If you "follow", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (SANDUSDT 1W Chart) It is important to be able to rise above the 1.2898-1.5294 section. (1D chart) Resistance: around 1.5294 The key is to find support above 1.0829 and move above 1.2898. ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator will move accordingly as price and volume move. However, for convenience, we are talking in reverse for the interpretation of the indicator. ** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet. ** 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 is about to go ballistic!Sorry for the clickbait title but I am feeling the vibe on this one. I know, I know. Targeted by the SEC as a security. But, on the other hand, one of the tokens legalized by the Hong Kong market. Outside of debates regarding fundamentals, let's dive into what the technicals seem to be showing us! First, take a look at the beautiful triangle! Dang son, it don't get much better than that yo! Now, look down there at that RSI. See that red TL? Pop, pop, ...and POP. At every touch you can bank on cash. Incidentally, this third touch will coincide with a touch of the bottom of our triangle. And, just below that, a very important support. This is an easy bet. I have entered at 37 cents ish and will hold till at least 53 cents with the remaining balance to 58 if I don't get stopped out first. I will be moving my stops up as we go as always. Best, Stew
BINANCE:SANDUSDLong
by stewdamus