SAND sideways trend and slow stabilizationSAND looks stable at the moment, the support line has not been broken, we will see how strong the impact of BTC will be on the situation of SAND on the chart
Sandusdt
BTC Multi Time Frame Analysis (Daily)An interesting analysis in the daily time frame: Well, you see, here are some cool things happening at the same time, first, last night, the price reacted positively to its volume support and was able to pull itself up . (This important volume support is in the $ 45,500 price range, so this price is very important to us, don't forget) . Now the price of Bitcoin has reached the ceiling of its downtrend , which overlaps with the 20-day Moving Average Exponential (EMA20) and the 0.236 Fibonacci extension ratio and volumetric resistance . (This Resistance range is the most Resistance in the whole chart) . Another good thing that has happened today is that the price is being traded above the POC Line, which is a very good thing if the price intends to start a new bullish trend. So only if all these resistances breaks , we can expect a new upward trend to start and the first target will be 53K .
Weekly Analysis :
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👤 Arman Shaban : @ArmanShabanTrading
📅 21.DEC.2021
⚠️(DYOR)
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Cardano : KEY SUPPORT ZONE : $ADAThe price is currently fluctuating in the very important range of $ 1.2 .
If this key support is not lost , with the break of the downtrend , we can expect growth to the levels has shown on the chart .
Follow our other analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 20.DEC.2021
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
SAND is not sand, SAND is diamond Seem BINANCE:SANDUSDT is in the correction wave.
It has done wave A at $4.2
Next, wave B is happening after that wave C will turn down to $3.15, perhaps.
Because wave C = 1.618 Fib wave A.
Finally, the final impulse wave is going up to $15 up to $20. WHY???
I figured out Fibo Clusters in range $15-20. Need to patient!!!
Time will tell
SAND - Possible Cup and Handle, and TP/SL BYBIT:SANDUSDT
1H trend chart
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SAND is forming a potential cup and handle pattern on 1H
We can see accumulated volume are gathered around the orange zone.
If price can take it out (Fib 1), we can have a great risk-reward ratio with trading strategy as below.
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Profit Targets:
a) 5.4476~5.5155----Fib(1.272~1.382)
b) 5.6616----Fib(1.618)
c) 5.8969----Fib(2)
Stop losses:
a) 5.0535-----Red horizontal ray
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Get Sand Ready Goooo!Potential upward trend identified for SAND, based on few indicators:
1. Manage to hold onto the support level of $4.60
2. Selling pressure is diminishing
Great time to enter SAND at the moment, and if the correction is done at this level, we are ready to thrust $9 price level.
Entry: $4.8 to $5.1
SL: $4.3
Target: $9 (mid to long term)
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$SAND HOLDING ON TO THE UPTREND- Although SAND continues its movement within the falling channel, it seems to hold on to the uptrend drawn in black. I think that with the upward break of the channel (which is my expectation), the price will see 8 again, and then 10. In an opposite scenario, the price may go to the 3.50 - 3.70 range under the channel.
- SAND düşen kanal içerisinde hareketine devam etse de siyah ile çizilmiş yükseliş trendine tutunmuş gözüküyor. Kanalın yukarı kırılması ile ( ki benim beklentim o yönde ) fiyat tekrar 8 dolar, sonrasında ise 10 dolar seviyelerini görecektir diye düşünüyorum. Aksi bir senaryoda ise fiyat kanal altında 3.50 - 3.70 aralığına gidebilir.
SAND Talked about it the end of November 🤯🍕🍣Good morning to all traders,
we had discussed sand towards the end of November when I was expecting a good retracement to enter below $5.
I think that moment has arrived since we are in a descending channel with various support zones, the first of which is around 4.60 usd but it is not certain that it will hold. As always I will behave accordingly waiting for a confirmation or the reaching of my areas of interest (Support and the POC).