Potential Boost coming for SANDOn a higher Time Frame, SAND is moving in a symmetrical triangle and on a lower TIme Frame, it is moving in upward channel.
Also it has found strong support on 1 Day 20 EMA.
So there are two potential scenarios here.
Scenario 1 (Black path) - SAND to move in an upward channel and break above Upper part of the symmetrical triangle
Scenario 2 (Red Path) - SAND to break below current channel and then find support on 1 day EMA before continuing its journey up.
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SANDUSDTPERP
Sand back on the road $SAND #SANDSand back on the road. It has broken a long-term downtrend and is now ready to move higher. Price targets and resistance are drawn.
Currently, due to the increase in the bitcoin range and its movements, all altcoins will be affected by it. The analysis is just a series of probabilities.
I hope you find this analysis useful🌹
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Sand short swing. monthly and weekly reversionWeekly pivot and monthly pivot both developing lower. Of course it could rise prior to their closing time. However they will lmost always revert to that far untested pivot following. One could buy the dip upon testing it or short swing to it with a average cost up in case it rises more leading up to the CLosure. Tarrget would be where the central pivot and/or weekly/monthly L3 comes in after this next weekly and monthly close on their respective levels.
Using camarilla pivots + cpr magnet reversion method. Weekly/monthly levels
SANDUSDT Good opportunity to buy!SANDUSDT (1H CHART) Technical Analysis Update
Waiting for the descending channel breakout
SAND/USDT currently trading at $0.57
Long Entry-level: Above 0.605
Stop loss: below $ 0.50
Target 1: $0.68
Target 2: $0.75
Target 3: $1.00
Max Leverage: 2x
ALWAYS KEEP STOP LOSS...
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SANDUSDT (Rectangle Channel Formation)SANDUSDT (1H CHART) Technical Analysis Update
Rectangle Channel
SAND/USDT currently trading at $0.53
Buy-level: Above $0.54
Stop loss: Below $0.47
Target 1: $0.584
Target 2: $0.65
Target 3: $0.75
ALWAYS KEEP STOP LOSS...
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Open long on SANDUSDT if the flag is brokenIn the meantime, it's too risky to open either short position or long position. The best thing to do is watching but we should consider the fundamentals as well. As SAND is a NFT, it can pump up again if it breaks the flag with good volume. BINANCE:SANDUSDT
🆓SAND/USDT Analysis (28/1) #SAND $SANDSAND is having a very strong correction after hitting $0.16 zone and $0.07-0.075 zone is a support zone we can trust at the moment for a recovery or even a new rally to $0.18 zone in February
0.11$ zone is a very strong resistance zone and we need to pay attention to this zone
📅NEWS
👉Feb 11 : Public LAND Sale Wave #1
👉Feb 26 : Liquidity Mining Pool End
👉Dec 31 : Foundation DAO Launch
👉Dec 31 : Game Maker 1.0 Release
📈BUY
-Buy: 0.07-0.075$. SL B
-Buy: 0.105-0.11$ if A. SL B
📉SELL
-Sell: 0.105-0.11$. SL A
-Sell: 0.18-0.19$. SL A
♻️BACK-UP
-Sell: 0.07-0.075$ if B. SL A
-Buy: 0.05-0.055$. SL B
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"