SANDBOX short position ❌🧨Based on the chart, the price has started to dump from the red trend line and after that broke the black trend line to the downside ❌🧨
and now
become close to support area ✔️
and if
the price break the support area and the purple zone here to the downside, we can expect more correction at least to the round number of $2 ❌🧨
Please, feel free to ask your question, write it in the comments below, and I will answer.🐋
Sandusdt
sandusdt (SAND)T.F( daily )TA( 2/16/22)Unsuccessful in crossing the downtrend line and resistance 4.6963-5.2188
Bull scenario:
If it can break the trend line and resistance, the first target is 6.7236
Bear scenario:
Return from trend line and target 2.8570-2.2091
⚠️ This Analysis will be updated ...
📊 #sandusdt (SAND )
💹 Time Frame : daily
👤 hosein alizadeh
📅 2/16/22
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
[SAND/USDT] - Imcoming MASSIVE Breakout!According to the Logarithmic Scale, SAND/USDT appears to be in an uptrend. Price is edging closer and closer to both major support areas in the coming days or weeks, according to one perspective. However, because bearish price movement has decreased during the day and no lower lows have been produced since the SAND formation on Logarithmic Perspective, price now has the potential to make a significant bullish breakout.
SANDUSDT: Two Scenarios 🤔According to my analysis, SANDUSDT could either retest and dip lower ( Purple Arrow ) or going back up to previous 0.618 of Fibonacci Level ( Orange Level )
Remember it all depends on Bitcoin & all other alts including SANDUSDT will follow. Always ensure to DYOR before following any ideas. Cheers & Have a Great Day Ahead 💡
SAND IS TRADING WITHIN A DESCENDING CHANNELSAND has broken the $3.9 support level and it may now act as a resistance level.
Also SAND is trading within a descending channel and it is currently sitting at the lower end of the channel. Human psychology will likely push this asset up within this channel
Remember that favourable/ unfavourable fundamentals may turn things around
Crypto Over View of Alts ADA SAND XRP and OthersFeel free to come into my streams and ask my opinion on anything with a chart and to share your ideas. Most of the alt pairs I look at are from viewers suggestions. I obviously do not trade the ~140 cryptos I have in my list, but it isn't a lot of work to keep tabs on things and go through them.
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Crypto Update. ETH MANA BTC LTCquick update, but nothing really different from yesterday except that I think things look worse, not only because we have not dropped to the target on BTC, but because of how things like ETH and LTC, MANA and so on look as well as the huge "free space" (low volume high volatility) right under where these alts are.
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Take care and good luck on your trades. Also stay healthy. That is the most important thing.
SAND/USDT ChartHi, I try to post often so if you could follow and like it would mean a lot to me. I stream on TradingView.
SAND is looking good right now with the coin reaching the 3.50$ support. In the short term I think we can still see a drop to 3.45$ but the RSI is already undervalued in the 4H chart adn a bulllish divergence in the 1H chart. I think that in the short term 3.65$ seems a good taget. In the mid term I am bearish because BTC is not looking good and everything seems to think that we will fall again to the 37K-38K. With that drop I expect alts to underperform BTC. Comment what you think.
Next stream on friday at 3pm UK time. I didn't stream last friday because of internet problems. I will post everyday this week to make up for that mistake. Good luck on your trades.
Sand in Bull Flag$sand #sand Currently in what looks to be a bull flag on daily. .382 acting as resistance and if it can close above 4.42, should see a break to 4.85 that is .5 level that converges with HZ resistance. Bull Flag target lines up with next HZ resistance lvl.
Wait for confirmation.
——————————————————————————————
Top 10 trading tips:
1. DO NOT FOMO into a trade. Let it come to you. Don’t force it.
2. Find a strategy that works for you and be consistent. Operate like a machine and less like the wind.
3. Let your winners run and cut your losers short.
4. You will not win every trade, but if you are disciplined with great RM you don't need to be right all the time to win!
5. Before you enter a trade, know your target AND your exit strategy.
6. When you are up, you can use a trailing stop or trim off some profit at a logical resistance point with a stop loss at breakeven.
7. Set your trade parameters up front so you keep your self accountable and remove emotions from the equation. (stop loss, take profit levels, etc)
8. Don't fight the trend. The trend is your friend.
9. Don’t enter a trade based on one indicator.
10. Horizontals > Diagonals
Please note:
- This is not financial advice.
- I do not take every trade I post.
- Never trade off of someone else's chart until you DYOR!
SAND AnalysisOn the daily timeframe, the trend has been bearish. The price has been making lower highs since December, finding support at 2.5$ before climbing back up.
However, price action has been narrowing , as we can see from these dashed lines forming a triangle. This is predating huge volatility could happen soon.
Clearly, if we break above the 0.382, which is at 4.8$ , we can say the global trend is no longer bearish.
On the 4 hours, the trend is rather bullish, with each lows and highs being higher than the previous one .
I'd like to see some kind of continuation: price might touch that ascending support then bounce off it up to resistance being at 4.8$, then it would create an ascending triangle which could lead to a breakout:
Right now it is just a waiting game. I'll keep this idea updated.
SAND/USDT 4 HOUR ANALYSISWelcome to this quick Update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures.
I have tried my best to bring the best possible outcome in this chart.
SAND/USDT making cup and handle pattern.
Entry: CMP
Targets: 60%TO 85%
Stop Loss: $3.78
What's your thought on this?
Do hit the like button if you like this update and share your views in the comment section.
Thank you
#PEACE
SANDBOX more gain 🚀As I mentioned in my previous analysis ✔️
the price has start to dump and hit the lower targets 💣🐳💣
and now
it has been completing the retest of the descending channel
and
if the price stay above our support level, we can expect more gain
and
our targets and next resistance are located on the chart
This is not financial advice, always do your own research.
Please, feel free to ask your question, write it in the comments below, and I will answer.
🐋
⌛🦜SANDBOX- Polygon Staking is a HUGE Plus 🏴☠️☠️SANDBOX is awesome. Our favorite in it's category (cartoonish metaverse) and technically speaking a great chart to follow. Pay attention to the chart and mighht the upcoming resistance because:
a. it's the big one
b. it will most likely be breached over it! (70%)
Great news here:
Sandbox’s partnership with Polygon started as far back as last year. The gaming ecosystem went into the partnership as part of its attempt to be more eco-friendly. Using Polygon also meant lower transaction costs and faster speed.
Since then, the Sandbox has doubled its efforts to promote the partnership and get more users to cross over to Polygon. Earlier, it airdropped SAND tokens to gamers providing liquidity for the mSAND/MATIC pool. This staking opportunity is a continuation of that effort.
Before users can take advantage of this staking opportunity, they’ll need to bridge their SAND tokens to the Polygon network. The Sandbox has an integrated bridging service making it very easy for users. Anyone who wants to stake will also add Polygon RPC to their MetaMask wallet.