SAND LongAccumulation at pcz of bullish shark after making ATL. Easy spot to size up.
To consider - Shark isn't perfect as the D extension is short of the 1.618 threshold.
SANDPERP trade ideas
SAND (All Time Chart)Sandbox seems to be in a strong buuying range as long as it's a bove the support of $0.1466
The stoploss is <$0.1466
SANDUSDT. this chat is pregnant, baby's name is money. [ buy ]Is this the sound of Trump's feet? . I think the crypto market will be very attractive until the American elections.
Sandbox (SAND)After completing its 5th upward impulse wave, Sand entered a corrective phase and now it seems finished. Price broke the downtrend line; have to wait and see if price can break the horizontal resistance area too or not. Let's see what happens.
It appears that the metaverse & gaming cryptos are waking up. Just as we are finally seeing mana pump and gala, we are now likewise seeing sand follow suit too as it seems to have finally broken up from the extended descending bear flag it was in for the longest time that I have posted charts about in the past. There are two possible measured move targets for the yellow channel its breaking up from. The dotted pink line represents th target if the slightly lower top trendline is the more valid top trendline of the channel, and the dotted yellow line represents the breakout target for if the highest of the potential top trendlines of the channel is the more valid one. Often times they both end up being validated. The dotted dark bluish purple trendline is the measured move for when sand breaks above the top horizontal bluish purple neckline which is the neckline of the double bottom pattern its currently printing on the chart. *not financial advice*
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/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.
SAND is ready to rise higher in a new trend upSAND has broken out of the resistance of its long downtrend and is now trending back up and is ready to rise higher
SAND LongBillions already invested and getting developed for years. Yet people already forgot about the Metaverse narrative.
If Metaverse is connected to Generative AI it will be magical. AI games, Digital Twins and you name it.
Sand can take you to sandy beaches . . .
SAND LONG OPPORTUNITY | +$1 SAND SOONSAND has formed a year-long cup and handle pattern. Traditionally, this pattern is a bullish indicator of continued upward movement. The cup and handle have played out perfectly, and we are getting further confirmation by going back upwards to retest the resistance in this pattern.
If this resistance is broken, I expect a 57% increase in the price of SAND in the short term, which would put the price above $1 (~$1.085). This is potentially a great entry to a long or large spot position before a swift upward movement.
The altcoin market cap, including ETH ( CRYPTOCAP:TOTAL2 ), is already front-running the altcoin market cap, excluding ETH ( CRYPTOCAP:TOTAL3 ). This is another bullish indicator that the alt coin market may be ready for another leg up, helping out patterns play out.
I am personally adding to a spot position here, but if I were going to wait too long, I would wait for confirmation of the breakout above the resistance by 5–10%.
DYOR and bring home those gains.
SAND NEXT TARGET: $0.8823Pips with ATR are measured on a 1 week. Sand traders must understand 1 week will execute and will have some dips. Percentage in price (pip) is a method which regardless of dips will move up eventually. Pips does not mean by moving up without dips. Pips has ups and downs.
Many think, pips will only move up then dip, NOT SO.
It’s a A- grade win rate.
I’ve combined the 3 sessions, here it points to ASIAN SESSION. Price reaches the top target $1.52 but pips only read 0.88. Later a recalculation is made. Hammer closed and smart money expansion in process.
RiskMastery's Breakout Coins - SAND/USD EditionWelcome to RiskMastery's Breakout Coins - Coins with breakout potential.
In this edition, we'll be looking at BITSTAMP:SANDUSD ...
I believe this code is at a point of potential volatility.
If price can hold above $0.6701 ... Bullish potential may be unlocked.
My key upside targets include:
- $0.85118 (Conservative)
- $1.0407 (Medium)
- $1.3964 (Aggressive)
If however price falls below $0.4892 ... Bearish risk potential may be unlocked.
(My key risk targets - C, M,& A - are as noted on the chart)
Enjoy, and I look forward to being of further service into the future.
If you'd like to connect, feel free to reach out and comment below.
Mr RM | Risk Mastery
Disclaimer:
This post is intended for educational purposes only - Publicly available RiskMastery information & content is not intended to be financial advice in any shape or form. Please do your own research and seek advice from a licensed professional before acting on any of the information contained within this post. This post is not a solicitation or recommendation to buy, sell or hold any positions in any financial instrument. All demonstrated trades are merely incidental to the educational training RiskMastery aims to provide. You are solely responsible for your own investment and trading decisions, of which should be made only according to your own opinion, knowledge and experience. You should not rely on any of the information contained on this site or contained in any RiskMastery material on any website or platform. You assume the sole risk of any trade or investment you elect to make. RiskMastery and affiliates shall not be liable to you for any monetary losses or any other damages incurred directly or indirectly, from your use, reliance or reference of RiskMastery materials, content and educational information. Thank you for your understanding and cooperation - We look forward to working with you into the future to navigate the fine line of trading and investment success.
SANDUSD (4H) - Bullish reversalHi Traders
SANDUSD (4H Timeframe)
Waiting for the upward break of 0.4697 resistance level, which will complete a bullish trend reversal pattern to go LONG. Only the downward break of 0.4435 would cancel the bullish scenario.
Trade details
Entry: 0.4697
Stop loss: 0.4435
Take profit 1: 0.4860
Take profit 2: 0.5122
Score: 7
Strategy: Bullish reversal
Will the Falling Wedge Pattern Propel SAND Price Higher?Sandbox's Current Stand: SAND price currently in a strong pullback phase, teetering around the 50-day EMA.
Trading Volume Spike: Recent surge in trading volume indicates heightened investor activity and potential for price movement.
Potential for Rebound: Despite market slowdown, SAND shows resilience, holding potential for a bounce back towards the $2 mark.
Impact of Market Downturn: SAND, along with other metaverse tokens, feels the pressure from an overall bearish market.
Testing Critical Supports: SAND's price has dipped below the 200-day EMA, testing key support levels.
Bearish Pattern Development: A falling wedge pattern emerges, hinting at possible future price directions.
30-Day Performance: SAND experienced a significant 30% drop in the past month, shedding important price levels.
Intraday Movements: Recent intraday trading shows slight recovery attempts, indicating indecision in the market.
Falling Wedge Pattern: This pattern typically suggests a bullish breakout, offering hope for an uptrend.
RSI Indicator's Tale: The RSI hovering near the oversold territory, suggesting a selling trend but also potential for a reversal.
Critical Price Levels: A break below the support trendline could lead to further decline, possibly to $0.35.
Upside Potential: If bullish forces prevail, SAND could retest the resistance trendline, aiming for the $0.50 mark.
SANDBOX: $0.55 | Waiting for RESETthe metaverse ahead of its time
where market discounted the 10year reality in just 24 months after launching
very well regulated float gradually increasing
as the original investors finally unloads holdings
COST of OGs $0.003 to $0.005
Stabilization for buy back should be at $0.18 and all the way to $0.07
kinda like cardano or doge where at sub .10 cents DEALERS or BROKER custodians
began ACCUMULATING heavily for that next Bull RUN
SANDUSD - An Interesting PossibilityThe possibility of two shoulders forming on each side one larger should accompanied with a smaller one all joined together by a larger head structure
Using this we can assume a movement down creating the next right shoulder.
From there I would expect price to move up from the horizontal line in green.
LS = Left Shoulder
RS = Right Shoulder
SAND LONG Cup and HandlePlease see trade for information. Potential cup and handle pattern and breaking downtrend. Would trade after confirmation of the broken downtrend on re-test and for more conservative trade on break of neckline for cup and handle formation. Would love some feedback as I'm new to TA, thanks.
The Sandbox Launches 100M SAND Game Maker FundThe Sandbox recently hosted its first-ever Global Creators Day in Hong Kong, making significant announcements that promise to reshape the landscape of user-generated content (UGC). The platform revealed plans for open publishing and introduced the impressive 100M SAND Game Maker Fund, signaling a bold move to empower creators within its ecosystem.
In a strategic move to further bolster its commitment to creators, The Sandbox unveiled the 100M SAND Game Maker Fund. This substantial fund is dedicated to supporting innovative projects within the platform’s ecosystem. Creators can apply for funding to bring their visions to life, marking a significant step towards a more collaborative and dynamic metaverse.
The Sandbox’s native cryptocurrency, the SAND token, will play a pivotal role in the new initiatives. Creators will be able to utilize SAND tokens for transactions within the platform, adding a layer of decentralization and security to the creator economy. This integration aims to provide creators with a fair and transparent way to monetize their creations.
One of the major highlights of The Sandbox’s Global Creators Day was the announcement of open publishing. This new feature aims to provide creators with a more streamlined and accessible way to share their content with the world. By enabling open publishing, The Sandbox is fostering an environment where creativity knows no bounds, allowing a diverse range of creators to showcase their talents on a global scale.
Sand/USDPrice is at the trend deciding zone 0.2820 to 0.2860.
The fall was steep before the consolidation zone.
If the price sustains above 0.2860 it will move towards 0.2882, 0.2960 and 0.2990.
If the price is showing bearish strength, then it will move towards 0.2780, 0.2750 and 0.2720.
This is for educational purpose only. Do your own analysis.
SANDUSD (1H) - Bearish wave We2Hi Traders
SANDUSD (1H Timeframe)
A medium probability, entry signal to go SHORT will be given with the downward break of 0.2935 after the market found resistance at 0.2994. Only the upward break of 0.2994 would cancel the bearish scenario.
Trade details
Entry: 0.2935
Stop loss: 0.2994
Take profit 1: 0.2806
Take profit 2: 0.2690
Score: 6
Strategy: Bearish wave We2
SANDUSD (4H) - Bullish breakoutHi Traders
SANDUSD (4H Timeframe)
The market is in an uptrend, and we are waiting for an entry signal to go LONG above the 0.3198 resistance level. Only the downward break of 0.3077 would cancel the bullish scenario.
Trade details
Entry: 0.3198
Stop loss: 0.3077
Take profit 1: 0.3273
Take profit 2: 0.3390
Score: 6
Strategy: Bullish breakout
SANDUSD IdeaA large falling wedge pattern on this pair and the daily chart for SAND.
Falling wedges love to break out bullishly.
Horizontal line shows a potential support once price breaks above it.
Bullish.
