Get started

Sandusdtidea

sand idea"🌟 Welcome to Golden Candle! 🌟 We're a team of 📈 passionate traders 📉 who love sharing our 🔍 technical analysis insights 🔎 with the TradingView community. 🌎 Our goal is to provide 💡 valuable perspectives 💡 on market trends and patterns, but 🚫 please note that our analyses are not intended as buy or sell recommendations. 🚫 Instead, they reflect our own 💭 personal attitudes and thoughts. 💭 Follow along and 📚 learn 📚 from our analyses! 📊💡"
by Golden_candle
SAND/USD - Bullish Potential Identified at Key Support ZoneKey Support Area Analysis: SAND/USD is currently positioned at a critical support level, historically significant as a former resistance zone. This level also coincides with the 4-hour trendline, reinforcing its importance in our analysis. Bullish Outlook: Considering the convergence of support factors, our analysis suggests a bullish bias for SAND/USD from this juncture. Trade Recommendations: Entry Point: We recommend taking entry near 0.59085, aligning with the support zone and anticipating the initiation of a bullish move. Stop Loss: To mitigate potential downside risk, it is prudent to set a Stop Loss near 0.5350, strategically placed below the support level. Take Profit Targets: We propose the following Take Profit levels: - TP-1: 0.6487 - TP-2: 0.7038 - TP-3: 0.7600 These targets are derived from technical analysis and represent potential areas of resistance where profit-taking could be considered. Risk Management: It is essential to adhere to sound risk management principles, including proper position sizing and adherence to the predetermined Stop Loss level. Conclusion: In conclusion, the technical analysis suggests a favorable risk-reward opportunity for a bullish move in SAND/USD, with clear entry, exit, and risk management parameters outlined. Traders should monitor price action closely and adjust their positions accordingly as the market evolves.
BINANCE:SANDUSDLong
by trading_jupiter
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.
by angela_altair
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(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.
Long
by trytofeelpositive
8
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.
Long
by trytofeelpositive
13