Sandusdtanalysis
SAND/USDT Technical Analysis - Potential Bullish OpportunitySAND/USDT has exhibited a notable XABCD harmonic pattern formation, coinciding with a pivotal support level. This suggests a potential bullish reversal from point D, indicating favorable trading opportunities for discerning investors.
Harmonic Pattern Analysis:
The XABCD harmonic pattern observed in SAND/USDT signals a systematic price structure characterized by precise Fibonacci relationships. The completion of this pattern at point D suggests a high probability of trend reversal, presenting an optimal entry point for bullish positions.
Key Support Area:
The convergence of the XABCD pattern with a key support area strengthens the bullish bias, reinforcing the significance of the anticipated price movement. This confluence enhances the reliability of our analysis and underscores the importance of the identified entry level.
Entry Strategy:
We recommend initiating long positions near the price level of 0.5053, strategically aligning with the completion of the harmonic pattern and the established support region. This entry point offers favorable risk-reward dynamics and positions traders advantageously for potential upside movements.
Risk Management:
To mitigate downside risks, it is prudent to implement a stop-loss order near 0.3532. This predefined exit point safeguards capital and preserves trading discipline, ensuring minimal losses in the event of adverse price fluctuations.
Profit Targets:
Our profit-taking strategy encompasses two distinct targets to capitalize on the anticipated bullish momentum. The initial profit target (TP-1) is set at 0.6584, representing a conservative approach to securing gains. Subsequently, the secondary profit target (TP-2) is identified at 0.8115, offering the potential for extended profitability as the uptrend unfolds.
Conclusion:
In conclusion, the technical analysis of SAND/USDT reveals a compelling bullish outlook, characterized by the formation of a XABCD harmonic pattern and the confluence with a key support area. By adhering to the suggested entry, stop-loss, and profit-taking levels, traders can optimize their trading strategy and capitalize on the anticipated price appreciation.
Disclaimer:
This analysis is based solely on technical indicators and historical price data. It is imperative to conduct thorough risk assessments and exercise prudent risk management practices when executing trades in the financial markets.*
SAND target 0.564h time frame
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SAND is creating a potential bottom head and shoulders, the right shoulder hasn't been formed yet. Currently, 0.37 achieve the condition of HS, but shall notice another possibility that SAND go back to 0.35 to make the low of right shoulder.
I will provide another trading plan if SAND reach 0.35, and now we can follow this plan which targets as below.
TP: 0.56 / 0.66
SL: 0.381
SANDUSDT relevant support and resistance levelsThe price bounced from weekly support WS1 and head towards 4h resistance 4HR1. From there it was rejected and pulled back. It seems logical that the price will visit the daily support again before attempting the 4h resistance 4HR1 again. Anyways, a long is favorable from daily support if the price reaches there. Overall all the relevant supports and resistances are marked and the principle remains same: long the support and short the resistance.
SANDUSDT Analysis (potential Inverse H&S)Hello friends.
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Everything on the chart.
Entry: market and lower(i bought by 0.63 and place buy limit order at 0.52)
Target: 0.9 - 1.2 and ~1.4
after first target reached move ur stop to breakeven
Stop: (depending of ur risk). ALWAYS follow ur RM .
Risk/Reward:
risk is justified
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
SANDUSDT Analysis (potential Inverse H&S)Hello friends.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you!
Everything on the chart.
Entry: market and lower
Target: 1.2 and ~1.4
after first target reached move ur stop to breakeven
Stop: ~0.715 (depending of ur risk). ALWAYS follow ur RM .
Risk/Reward: 1 to 3
risk is justified
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
SANDUSDT - Descending Broadening Wedge Pattern!SANDUSDT (4h Chart) Technical analysis
SANDUSDT (4h Chart) Currently trading at $0.947
Buy level: Buy after Breakout
Stop loss: Below $0.844
Target 1: $0.985
Target 2: $1
Target 3: $1.2
Target 4: $1.4
Max Leverage 3x
Always keep Stop loss
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SANDUSDT 1h Retest TradingWe always have to trade on grounds.
There are two points of view from the current position: retesting and descending in the sky blue upward trend line and retesting and descending in the red downward trend line.
The upward view is to test the sky blue upward trend after breaking through the red downward trend.
We can implement a response strategy at the test point.
#SAND/USDT TRADE SETUP Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Do consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
Let’s get to the chart!
SAND also looks bullish here. Long some here and add more up to $1.44
Remember to get in partially don't buy at once. It's important to keep your entry as low as possible. The best way is to buy in parts which will eventually average your entries.
Target:- 20% to 30%
SL:- $1.38
Lev:- 10x
This chart is likely to help you in making better trade decisions, if it did do consider upvoting this chart.
Would also love to know your charts and views in the comment section.
Thank you
SAND/USDT TRADE SETUPHi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Do consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
Let’s get to the chart!
I have tried my best to bring the best possible outcome in this chart, Do not consider it as financial advice.
#LONG
SAND/USDT
ENTRY: $2.76 TO $2.81
SELL- 80%
STOP LOSS: If any 12 candle closes below the lower support level
This chart is likely to help you in making better trade decisions if it did consider upvoting this chart.
Would also love to know your charts and views in the comment section.
Thank you
SANDUSDT Analysis (LOCAL VISION)Hello friends.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you!
Everything on the chart.
Entry: market and lower
Target: 3.5 - 3.8 - 4
after first target reached move ur stop to breakeven
Stop: ~2.7 (depending of ur risk). ALWAYS follow ur RM .
Risk/Reward: 1 to 6
risk is justified
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
SANDUSDT Analysis (LOCAL VISION)Hello friends.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you!
Everything on the chart.
Entry: market and lower
Target: 4 - 4.5 - 4.9
after first target reached move ur stop to breakeven
Stop: 2.9 (depending of ur risk). ALWAYS follow ur RM .
Risk/Reward: 1 to 3
risk is justified
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
SAND HAS POTENTIAL TO PUMP 800%!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Do consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
Let’s get to the chart!
I have tried my best to bring the best possible outcome in this chart, Do not consider it as financial advice.
#LONG
SAND /USDT breakout this bullish PANNENT pattern.
ENTRY: CMP and add more up to $2.81
SELL- 800%
STOP LOSS: $2.7
This chart is likely to help you in making better trade decisions if it did consider upvoting this chart.
Would also love to know your charts and views in the comment section.
Thank you