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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Sandusdt
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 $5.
I think that moment has arrived since we are in a descending channel with various support zones, the first of which is around 4.60 usd but it is not certain that it will hold. As always I will behave accordingly waiting for a confirmation or the reaching of my areas of interest (Support and the POC).
SANDBOX- Updated ChartSANDBOX updated chart after the storm.
Chart shows support but mind the resistances ahead.
Interesting article:
Metaverse Investors Compare Decentraland and the Sandbox to Manhattan in the 1800s :
“We think the Fashion District purchase is like buying on Fifth Avenue back in the 1800s … or the creation of Rodeo Drive…”
good stuff,
the FXPROFESSOR
Falling Wedge Breakout for SAND/USDTSAND/USDT just broke above the very clear falling wedge in the 4H , which started its formation around the 29th of November.
Currently waiting for a retest on the trend line to enter a LONG position.
My SL will be set a little bit below the base of the triangle and my TPs as seen on the chart.
Keep an eye on SAND - We could see a break to the upside soon!Here's a quick Look at SAND 4 hr chart. As we can see, the price has been forming a bigger descending triangle and we could see a break to the upside soon. The best entry would be, when the price breaks above 5.8$ with good amount of volume. Definitely one to keep an eye on.
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The idea is: Buy when the price breaks above 5.8$ and take profits at the levels shown in the chart.
Targets:
1. 6.2$
2. 6.7$
3. 7.6$
4. 8.4$
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What are triangles when it comes to trading?
Key points:
"1. In technical analysis , a triangle is a continuation pattern on a chart that forms a triangle-like shape.
2. Triangles are similar to wedges and pennants and can be either a continuation pattern, if validated, or a powerful reversal pattern, in the event of failure.
3. There are three potential triangle variations that can develop as price action carves out a holding pattern, namely ascending, descending, and symmetrical triangles."
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Sand is doing something GOOD!Hey guys, this is Julie 😄
Let's analyze this sweetheart today. Sand is amazing, right? To go from under $1 to $8, this is really amazing. If you (like me) couldn't take advantage of this super high, maybe this is our chance!
Although Sand has been falling since November 25, the trend is still bullish if you look at the weekly chart. In fact, it is quite normal to fall after such a big high. I believe that Sand is just resting for a while, to continue rising later.
Looking at the daily chart, we can see that today's candle seems to be forming a Bullish Harami pattern, and this is a good buy signal!
It is in the same region as before, which seems to be a support level (pink line). Below this area we have the yellow line, which was the lowest point in December 04, and almost the close on November 22, I think this could also be a resistance.
It is in the same region as the 21 EMA as well, I like to use this for buy confirmation.
Because I believe in its potential, I would really buy Sand, this seems a nice and technical point to buy.
It's such a good crypto, right? Sand has a huge potential, I really like cryptos like this, with good plans for the future.
I know someone who bought sand for less than $0.27, just because he believed in its potential (he is really happy now hahahah).
And he was right, sometimes you should buy even without confirmation, just because you believe in the project.
And that's it. Thanks a lot for reading my analysis! I hope you enjoyed it. 😊
Remember to support me with your like and subscription, I really enjoy writing these analises. 😄😉
Have a good weekend, bye bye!
SAND | Classical Descending Wedge Formation..!!
#SAND (Update)
Classical Descending Wedge Formation in 4H timeframe Chart.
So far Looks Bullish But Still Bullish Need Strong Volume for Upside Breakout.
In Case of Upside Breakout, Expecting +60% bullish Wave..
Please like the idea for Support & Subscribe for More ideas like this and share your ideas and charts in Comments Section..!!
Thanks for Your Love & Support..!!
SANDUSDT (SANDBOX) : 10.DEC.2021 (HODL)Examining the #SANDBOX , we see that the price has reached a strong support range and is one of the lowest risk cryptocurrencies on the market for investment. I suggest you have a personal review on it for buying and invest and if you already have it, I suggest you to keep it (HODL) .
SAND Price Live Data
The live The Sandbox price today is $5.25 USD with a 24-hour trading volume of $1,630,667,641 USD. We update our SAND to USD price in real-time. The Sandbox is down 2.99% in the last 24 hours. The current CoinMarketCap ranking is #38, with a live market cap of $4,793,018,383 USD. It has a circulating supply of 913,364,619 SAND coins and a max. supply of 3,000,000,000 SAND coins.
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
📅 10.DEC.2021
⚠️(DYOR)
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⌛🦜 SANDBOX - Updated Chart ⛵Updated chart, hope you like it.
News:
Just 4 metaverse projects sold $106 million in virtual land last week, with The Sandbox taking a massive lead: DappRadar
Metaverse Coins Comparison – Decentraland (MANA) vs. The Sandbox (SAND): this guy prefers Decentraland but Sandbox is prefered by the Professor...
Coin Bureau Host Explains Why He Is Bullish on Axie Infinity, The Sandbox, and Netvrk
Let's go Sandbox!
the FXPROFESSOR
SAND can fly from this zone! Buy just in this caseSAND Short term Analysis
SAND is near a strong support zone, So this can be a good opportunity for buying this strong project's coin here.
4.5$ is a strong support zone, so you can buy one step near that area, The safest buy is when breakout has completed. So you can buy in retest.
If we lose this strong support zone, The next target will be 3.5$ zone.
WILL GALA MAKE ATH AGAIN??After making ATH at 0.8$ GALA is having a correction and is testing 0.5 fibonacci level & EMA20. If GALA breaks and sustain 0.382 fibonacci level LONGS can be taken else if GALA breaks 0.5 fibonacci level sorts can be taken targeting 0.6 level as there is also a EMA50 strong support.