The Sandbox (SAND) forming bullish Shark| A good buy opportunityHi friends, hope you are well and welcome to the new trade setup of The Sandbox (SAND) with US Dollar pair.
Previously I shared a long-term trade setup for SAND, which is still in play.
Now on a 4-hr time frame, SAND is completing the final leg of a bullish Shark pattern.
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
SANDUSD
$SAND - The Sandbox Road Map : Beyond Technical Analysis$SAND - THE SANDBOX
On a Weekly Chart
LONG POSITION -MOMENTUM STRATEGY - SWING
12.11.22
1221H +8 SINGAPORE
Disclaimer:
The findings of the following analysis are the sole opinions of the publisher of this idea and should not be taken as a piece of investment advice.
My Published Ideas are not 100% Accurate. Many given factors at a given time can change the forecast.
ALERT:
Forecast Entries for a BULL SWING. Long-Term Entries Only
Smart money wants a REBOOT of 2018 and all is possible for the forecasted entries based on the character of the market Let us see how price action reacts on a DAILY chart to our BOXES.
INSTRUCTIONS:
HOW TO USE THIS MINIMALIST CHART (Bento Box)
"Follow the white rabbit!"
Just Follow the TOPS and BOTTOMS of the BOXES as a GUIDE to where the MARKET will take you.
If it cannot break a TOP or BOTTOM of a BOX, It signifies a reversal of a trend.
TARGET ZONE IDENTIFICATION:
The LARGE BOXES (Tops and Bottoms) are MAJOR turning points that will occur sometime in the future. While the SMALL BOXES (Tops and Bottoms) are MINOR turning points. These can be entries to a BUY/ SELL POSITION, EXIT/PARTIAL EXIT/TOP-UP AREAS, as well as Support and resistance levels
Also includes the MAXIMUM TARGET EXIT AREA OF VALUE (Conservative) If price action and conditions are right at that given moment.
NOTE:
1. That PRICE TARGETS for ENTRY and EXITS are DYNAMIC and can CHANGE from time to time.
2. Created using data on a MONTHLY, WEEKLY & DAILY Analysis of a MARKET'S CHARACTER.
3. My BENTO BOXES are designed for SWING TRADES at the LOWEST or START of a SWING CYCLE.
4. At times I will include a WAY BEYOND PARABOLIC PRICE TARGET, depending on The Character of the Market (CRYPTOS ONLY).
5. DYOR for your Fundamentals, Volume, Chart Patterns, Candlestick Math, FIB COILS ( ABC ), Price Action, FIB LEVELS, Market Dynamics, AB=CD Pattern especially institutional and retailer trading psychology.
Hoping that this BENTO BOX CHART ANALYSIS will efficiently help you with your DYOR as we Enter a NEW SWING CYCLE for LONG positions, either short, mid, or long term.
Wishing you all The Best Trades and Thank you for your Appreciation and Support of My Work.
Many thanks to My 3 Mentors. They are so much of a Blessing that I also wish to share my knowledge.
Vive Le Autist!
This trend can remain bearish!SAND had a weak downtrend during the past week. After breaking the support range of $0.65-0.75, its price has hit more important support in the range of $0.48-0.54. Although the encounters were associated with a positive reaction, strong rebound power was not observed. Also, we are still in the descending channel and near the midline of this channel. So, according to the dynamic midline support, if the selling pressure increases again in the market, the possibility of breaking this support and falling to the range of 0.33 to 0.39 dollars will increase.
Also, strong support in the range of $0.197-$0.160 is considered for SANDBOX, which can hit this range momentarily and react positively if the strongest selling pressure is created. A downward trend is clearly observed in the 4-hour period. Therefore, until buyers attempt to break the resistance of $0.60 and test the resistance of $0.70, this trend can remain bearish.
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 🐋
SAND dropping down to below $0.88A clear Descending Triangle Pattern had shown up and breakout clearly.
Stop loss 2.88
Entry 2.51
Take profit $0.88
Risk Reward Ratio 4.74
We are in a bear cycle in both Crypto and Equity market, I'm going to stick to the plan and see if we can reach the target.
#NOT FINANCIAL ADVICE#
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)
SANDUSD ❕ triangleTrading volumes don't show sellers' interest in further price decrease.
SAND continues to move above the liquidity zone.
RSI continues to move in the Buy zone (4H TF) and at 30m Timeframe the RSI chart is testing the support level.
Price is testing 50EMA as support (1H TF)
I think the asset may bounce after it fixes above the downtrend line.
SANDUSDT - Descending Broadening wedge pattern!SANDUSDT (1D Chart) Technical analysis
SANDUSDT (1D Chart) Currently trading at $0.893
Buy level: Above $0.88
Stop loss: Below $0.65
TP1:$1
TP2: $1.4
TP3: $2
TP4: $2.5
Max Leverage 2x
Always keep Stop loss
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Sandbox SAND Bear Market RallyFriday the S&P hit a new 52 week low, being oversold right now.
I expect a bounce in the stock market next week, which will determine a bear market rally in the crypto space too!
Hedera HBAR is one of the cryptocurrencies that have a lot of potential for a bull run.
SAND/USDT
Entry Range: $0.80 - 0.85
Take Profit 1: $1.10
Take Profit 2: $1.40
Take Profit 3: $2.30
Stop Loss: $0.70
SAND/USDT Elliott Wave count 45min TFSAND may move to the upside with a Head and Shoulders pattern.
Wait for a clear breakout at 0.8984 to entry long with take profit at next resistance if this upisde move is a corrective pattern WXY.
It also may move more to the upside if this is an 12 12.
Good luck!
SANDUSDT - Descending Broadening Wedge Pattern!SANDUSDT (4h Chart) Technical analysis
SANDUSDT (4h Chart) Currently trading at $0.947
Buy level: Buy after Breakout
Stop loss: Below $0.844
Target 1: $0.985
Target 2: $1
Target 3: $1.2
Target 4: $1.4
Max Leverage 3x
Always keep Stop loss
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