SLP/USDT_Daily_TASupport and resistance areas have been identified. I try to break the downtrend line and increase the price until the next resistance or be unable to break the downtrend line and reduce the price until the previous support.
I hope my analysis is useful, thank you for your support.
⏳update
👸rain_kian
📅13.02.99
🤷♀DYOR
Sandusdt
BTC/USDT : Daily : TA : 12.02.2022I will expect the price to rise to 45,500 or the support to fall to the downtrend line of 39,300 after reaching the 45.700 resistance area and the Pulbeck area to 41,900 according to the identified support areas.
I hope my analysis is useful, thank you for your support.
⏳update
👸rain_kian
📅09.02.99
🤷♀DYOR
SANDUSD | A final correction before the pump Hi everyone,
I would like to show you how SAND could evolve to my own opinion based on waves analysis.
First, as we can see we probably have reached our bottom on SAND around $2.55. If you have reloaded your positions during this last correction you have made a very good decision ! However, if you haven't done so, don't worry, you will have the opportunity to place again in our wave 2 correction.
Then, we are currently on the formation of our minor wave 5 which will complete wave 1 in order to start our correction phase on our wave 2. This one should approximately reach the 0.618 Fibonacci retracement before starting the big rebound.
Next, if this scenario is validated we can turn to our $10 goal during our wave 3 but we must be patient.
Finally, a quick update on the fundamentals of The Sandbox project. The adoption of the metaverse proposed by Sébastien Borget's team is progressing steadily. Indeed, several large companies are already starting to invest in plots like Ubisoft, Carrefour or Gucci and many others. The future of The Sandbox promises to be much brighter than we had hoped.
So we remain focused and above all we remain cautious.
Let's give SAND time to validate this analysis.
If you agree with this scenario let me know with a like.
Otherwise let me know your point of view with a comment, thank you !
(This is my own hypothesis and in no way suggests a buy or sell advice.)
SANDUSD 2022 Buy Signal FORECAST NEXT DAYLY TREND CHARTSANDUSD 2022 Buy Signal FORECAST NEXT DAYLY TREND CHART
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or let me know what crypto you want to see!
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Have a nice trading!
-My forecast and analysis are NOT trading signals nor financial advice, you should not enter trades and invest solely on this information.
$SAND - Correction most likely over. So we got us an ugly flat correction. I say ugly because it barely qualifies as a flat in that B barely retraces above the 618 fib, which is a major guideline.
Anyhoo! I do have wave 5 for this coin hitting 12$ with ease. In the case that the correction isn't done (nothing TA is 100%), that target will need to be re-evaluated.
if you have any questions/comments/suggestions, please feel free to leave them in the comment section.
Trade safe!
SAND POSSIBLE SHORTsand has been stuck in a downtrend for quite some time now. the red zone was major support often getting a quick bounce up in the past. but that red zone has turned to resistance. its our first time touching it on the upwards side so it could be tough to get past. lots of resistance here from the larger time frame. smaller time frame has upwards channel. rsi is high and 2 hour and lower shows bearish divergence so i think now is a good short position down to the white line which was the last demand zone.
SANDUSDT SETUPSANDUSDT price has been rejected from channel top and retraced. So know what we are expecting the price will continue to fall towards watch out level. If this level got respect by the bulls then there will be a bounce but if bears continue their momentum then we can expect the next support zone.
SANDUSDT Harmonic Pattern FormingHello traders, SANDUSDT is breaking out! Let’s talk about the Harmonic Pattern forming.
A nice bullish momentum bar is forming on the 3HR chart. . A great sign for the Bulls.
The harmonic pattern possibly forming is a Deep Crab. That would put a target range between 5.32-5.93 for some traders.
This trend analysis is not to be taken as financial advice; always do your research.
Questions are welcome in the comments below.
Please support this idea with your like and comment, thank you 🙏
Sand Next Level$sand #sand Broke through resistance but still waiting on a H4 close above. Zoom out and you can see a Inverse HnS breakout with PT lining up with top of this zone at 5.75.
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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!
Update: #Sandbox #SAND 's 6 tasks on the daily chart ...Sandbox´s 6 tasks on the daily chart ...
1. break the FIB golden pocket (done)
2. break the RSI resistance (done)
3. hold the OBV support (done)
4. hold the FIB 0.786 and volume support (done)
5. flip the MA Ribbon bullish
6. confirm breakout(s) and have fun 😎
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