SAND/USDT Analysis ( Update )📈📉HEY, what's up Guys and Girls?!
📌Since 26 jan , 2022 that I've posted sandusdt analysis , it has followed the correction wave and exactly reached my target ( more than 80 % (1x-short ))🎯 .
so today ,As you can see on the weekly timeframe for pair of SAND/USDT , it has been declining but recently reacted to pivot zone and jumped by more than 40 %, so if it maintain the current pivot zone , it can continue its rising at least to descending trendline as a dynamic resistance .
but If I consider the Elliot wave theory , in my opinion, the recent correction waves isn't complete ABC waves in this point of view , and was only the A wave and I think it can fall again by reaching the black descending trendline( b wave ) or if it be able to breakout the descending trendline and reaches the resistance zone( b wave) , then it can fall again to finish the 3rd wave (c). which it means it can even loses the current pivot zone as a support in both scenarios and fall on the lower support , then at there it can start a new rally.
✌️ Good luck with your trading and investing and remember: Trade smart…OR JUST DON’T TRADE!
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👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
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Sandusdt
SANDThe Sandbox is probably one of the most promising metaverse projects (backed by superstars like Snoop Dogg, Deadmau5 and so on). Last year's frenzy is clear in the chart -> 1000% in just one month is not a healty bullrun. So, of course it needed a rebalancing move. Here we are now back at 1.2$ per coin. Trade wise a "fair value" target would be around 3 dollars (where most transactions happened). If we can break that is of course heading to ATH.
Trade safe :)
📊 SAND pumped and now it's facing resistanceHello, dear TradingView members.
This idea is a SAND analysis.
SAND had a pump and broke two resistance levels.
It is now pushing up below the upper BB, and now we are expecting
The RSI is not overbought, but it doesn't seem strong either in the buy volumes.
The price might get rejected by these two resistance levels and land on support.
The Speedometer indicator shows Buy volumes on the market for SAND on a 1D interval.
Now have in mind: ANY news about this coin can cause a big pump or dump at this moment!
Let me know if you guys have any questions;
I will be more than happy to help.
✅ SAND (Analysis)SAND recorded a good growth of 16% among other altcoins yesterday. With the support of buyers, it has managed to break a significant resistance in the range of $ 1.18 to $ 1.26; if the price stabilizes above this range, given that a downtrend is also breaking, then move The uptrend can continue up to the resistance level of $ 1.5.
SANDBOX ⌛🦜 - Breakout Inbound 🏴☠️☠Potential Breakout...it Could be.
Professor is Bullish at the moment but with care.
Check our other posts today for more info:
FEDS have spoken and our sentiment is that a rebound could now continue.
Powell mentioned recession a bit more than i expected but the statement is more Dovish and i hope that the markets can see this in a positive way.
I am going Long with care and SANDBOX is one of the assets I like to Buy.
One Love,
the FXPROFESSOR
SAND long ideaIve been grappling as to what is happening with SAND today.
It is higher up on coinmarketcap, so i feel that when we do get a breakout it won't be as volatile.
Im suggesting two overhead resistance (diagonals). One is from more recent price action and the other goes further back, more macro. Im thinking that recent price action is more important, and therefore its actually the resistance line to the right (that we are yet to encounter, that is more important).
Looking to take longs in the box below, expecting some consolidation in price action before we see a break of the horizontal resistance and a rally to the overhead diagonal resistance line.
SAND/USDT: Direct recovery expected---- Mid-term Analysis for the next coming 4 weeks to 3 months - Daily on Daily Chart (LOG)-------
SAND/USDT: Direct recovery expected
Context
- The Global Crypto market leads by BTC and ETH is still evolving within a bearish market configuration. Like the others digital assets SAND suffered about negative global market situation
- SNX is expected to bounce from the current bottom area and triggered the bullish divergence on RSI
Market configuration
- Graphical Elements :
Graphical Resistance = 2,57 & 8,50
Graphical Support = 0,68
- Mathematical Indicators:
EMA ( Exp Moving averages) are still capping the market = Bearish
RSI indicator (below) is on going divergence but still below 50% = Neutre
- Elliot & Harmonic Wave (Fibonacci):
Fibonacci Target (C) B is set at = 0,83
Fibonacci resistance of the wave in progress = 1,67
Fibonacci support of the wave (C) B(max extension) = 0,68
Fibonacci Bullish Target = 2,57
Conclusion
Preferred case => Regarding the mid-term element, SAND is expecting to do a bullish reversal from the area we are now. We are bullish above 0,68 towards 2,57 with an intermediate level at 1,67. the ATH is set at 8,50
Alternative cases => Breaking 0,68 a significant drop will open the door towards 0,26
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 🐋
SANDBOX ⌛🦜 -Starting to smell like a 'BUY ME AGAIN' 🏴☠️☠SANDBOX is approaching major levels. We had to go short after this level broke:
(you really got to learn how to switch to short positions, especially if you are holding spot, once this kind of levels break under/lower).
In any case, it's a GREAT project and one we like to Buy.. and that time could be approaching fast.
One Love,
the FXPROFESSOR
$SAND/USDT 2h (#BinanceFutures) Ascending triangle on supportThe Sandbox is pulling back to descending TL / 200MA which is about to golden cross with 50MA!
Current Price= 1.3503
Buy Entry = 1.3472 - 1.2470
Take Profit= 1.6099 | 1.8454 | 2.1595
Stop Loss= 1.0354
Risk/Reward= 1:1.2 | 1:2.1 | 1:3.3
Expected Profit= +24.12% | +42.27% | +66.49%
Possible Loss= -20.18%
Fib. Retracement= 0.559 | 0.702 | 0.883
Margin Leverage= 1x
Estimated Gain-time= 10 days
Tags: #SAND #SANDUSDT #NFT #Metaverse #P2E #Gaming #Creation #Launchpad #DeFi #SolEco
Website: www.sandbox.game
Contracts:
#ERC20 0x3845badAde8e6dFF049820680d1F14bD3903a5d0
#SPL 49c7WuCZkQgc3M4qH8WuEUNXfgwupZf1xqWkDQ7gjRGt
SANDBOX ⌛🦜 - Time for a Relief Rebound 🏴☠️☠SANDBOX at support and we have an entry for a relief rebound to hopefully 1,43
Market (BTC chart is key) is expected to go sideways as we have informed you a few times before:
Unlike MANA Decentraland, SANDBOX is alive and will deliver great things in the future: www.sandbox.game
Not sure if this could be the end of the dip and an amazing time to buy Spot SAND, But technically we see support so we use stop losses here at 1.14... and will take partial profits at 1,40
One Love,
the FXPROFESSOR
SAND - Trade setupDownward breakout through the descending triangle pattern, Looking at the market conditions there will be retest towards the breakout point which is my entry range. It needed to be observed that the retest must take place with low volume therefore indicating weak retracement so that we can enter short side. I'll update once my trade entry got triggered in the update section.
Disclaimer : Anything provided here is not a financial advice.