SANDUSDTHI guys
I'm here with a new analyze of The Sandbox coin
Is forming a compound correction and the place of it is Wave 4
The first section of corrective phase is a Zigzag and the second one is a Flat
Flat has 3 waves(a,b and c) that are shown in red in the box named Flat on chart
The wave C of Flat has made of 5 elliot waves that 3 of it has formed and we will have wave 4 and 5
At the end of the wave 5 we can open a long order
we can find the end of the correction(the wave 4) with pitchfork or fibonachi clusters
Sandusdt
SAND DESCENDING TRIANGLE PATTERNSand is looking bullish…. But for now, I want the market to make one last pullback to eat already entered buyers SL’s and then what can happen is that SAND can take support from its demand zone and can continue to go on to break the descending triangle pattern upwards…
I am thinking of entering around 2.40 - 2.45 level….
1st Target → 2.55
If it keeps on going, then I'll think of trailing my stop loss and continue the ride…
Hope you like it and plz press the follow button to support my ideas (:
(((((NOT A FINANCIAL ADVICE)))
BINANCE:SANDUSDT
SANDUSDT SETUPSANDUSDT price has reached a confluence zone of Fib level and EMA 400. This area is critical for bulls to retain as on breaking there is no major support available. So, we are expecting the triangle squeezing and support may attain some accumulation and an upward surge will start soon.
#Sandbox #SAND and the $2.70 mark - Doctor, how bad is it?Sandbox (SAND) and the $2.70 mark - Doctor, how bad is it?
SAND lost the important volume mark and might now fall with huge speed since we miss volume below this mark until the $1 level.
All bulls must hope for a fakeout followed by re-entering above $2.70.
What do you think?
Drop me a nice comment if you'd like me to analyze any other cryptocurrency.
*not financial advice
do your own research before investing
SANDUSDT, The price has consolidate below the resistanceHello everybody
Im sure that anyone know about what is sandbox in crypto ? and what do they do in metaverse ?
If you dont know or dont hear about SAND, go and learn at first then investing in crypto
According to the chart and last analysis that we published, the price is moving until now in upward channel from the begining of making.
As you can see the price broke the support level and it changed to resistance and now the price is doing to consolidate itself to accept the level and its ready to continue move downwards.
The trend is going in downward and it better to take short position.
The price can drop to the pivot main support level that we shown it on chart, if you wanna take in position please dont forget use stop loss and observe to capital management.
Good Luck
Abtin
Previous analysis :
I GUESS IT IS QUICKSAND? - METAVERSEIt's been a while since our last idea.
We're looking at SAND/USDT today.
In our previous SAND analysis, we predicted a drop down to these current levels and potentially further down, and we've been spot on so far as shown below:
Question is will we drop further down?
Well, as you can see from today's analysis in the chart above, SAND is currently trading at strong support zone, also in line with the bottom of the ascending channel. Should we close below this, a drop down to the blue zone is very much likely with 0.9 being our worst case scenario(provided the First Wave Extension Scenario confirms).
In our last update we also showed that price action was forming a bullish pennant, but failed to get anything out of it. Now this support region is the last go for the bulls to make a comeback.
Whilst we should average down at this level, we want to see a drop further down to preferably 1.5-1.2 region for large buys.
When we see price trading within the purple zone, we will have confirmation of a breakout and ATH's imminent as seen in past price action.
June 15 & July 7 dates are potential dates to watch for a bottom or for price to enter the purple consolidation zone depending on how the market responds.(Don't depend on the dates)
If you agree pls like and share and comment your thoughts below.
Feedback is always appreciated!😉
SAND/USDT : Huge sell signal is about to trigger !BINANCE:SANDUSDT
Hello everyone 😃
Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it!
$SAND has formed a Flat bottom triangle and now it has reached the bottom's support zone.
The formed demand here has held the pair four times and now it's the fifth attempt of break.
Based on five break-out attempts; There's a high chance for bears to take the lead below the local demand.
- Also two bullish trendlines are located right below the current rate of market price:
Based on the chart above, If we get the closings below the demand zone, Then it's more likely for bulls to lose their bullish trendlines neither...
This can become a great opportunity to locate our Short on a proper retest of the broken demand zone or the broken trend zone/line!
This idea comes with a clear Short Setup :
Trading setup :
🔻 Entry Pointes : $2.562 ( On Retest after daily closings below )
📍Targets : $2.25 - $2.00 - $1.75 - $1.44
🟥 Overall stop-loss : $2.9 ( Daily closing above )
Hope you enjoyed the content I created, You can support us with your likes and comments!
Attention: this isn't financial advice we are just trying to help people with their vision.
Have a good day!
@Helical_Trades
SAND updatesand token got bullish divergence for > 4 months. If sand got breakout it gonna be
quite high. estimate to make a reversal on alpha season3.
lately, the price drop tremendously due to massive token distribution for pass holder+contest.
many hidden surprises this year for sand. includes a mobile version, virtual concert in-game,
increases in use cases for avatar holders in upcoming season 3.
My Ideal entry = 2.5$ (buy after the reversal)