Bullish on SandboxWill we be thrown towards the moon?
The general trend in daily timeframes is upward. In terms of Fibonacci levels, a pullback was at 61.8%.
SANDUSD trade ideas
#SAND $10.00 Target by any time in December So Far, Historically the Reversal Zones Indicate that SAND is Having a Correction Every Time Approaches
the Low (Orange Line), (Mid, and Top Resistance Red Line Levels)
Expecting price to move in sideways in the coming days and may
Re-test support at $6.69-$6.02 (Green Box) Before continue to the uptrend and break above the Mid Red Line /Red Box
if this Technical Analysis develop as shows in the chart
#1Green box will be a good level to accumulate/ to buy
#2 Price may reach $10.00 anytime in December
#3 Pease check prior price action to confirm my Technical Analysis
if play out as before we will reach $10.00 target at any point in December
#4 Remember no previous price action is a sure thing will happen in the future
#SAND $10.00 Target by any time in December
NOTE: Price Line Extension (White) is Only a Visual Representation how Price May Move in the Near Future
with Unknown Specific Time Frame Depending on the Speed of the Price and Variables of the market
NFA
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SAND/USD downward wedge and profit prediction zoneWhen the price broke the upper trend line of the wedge my prediction for the profit taking zone was 38% from the bottom of the wedge, based on the using the price range measuring tool to measure the open end of the wedge which was 38% at 23 bars. This time was dead on as we can now see retracement once 38% increase happened.
SAND/USD Chart AnalysisWhere I see Sand coming down to retrace to then rally higher to these Weekly and Monthly Price targets.
Not financial advice, just sharing bias.
SAND entry on November dump...Seeing some decent confluence for buying Sand in the 4.x's...
- 21 daily EMA
- Fib 0.786
- Major support level
Will ladder in for longer wicks...
SANDUSD Analysis - Big Extension !Comparable points in yellow and red (labelled a,b)
I have placed a line (in white) how I think the indicator will play out
I believe the channel will break during this bull move
SAND/USD Max Efficiency OutlookThis is the long term outlook for a max efficiency play. Currently, watching for price to expand to complete the 5th Elliott wave before forming a harmonic during the retracement to create price data for a more refined analysis.
Upside price goals are at $6 and $8.
Getting short ready for intermediate 4 Intermediate 123 is almost complete with 5th of the 3rd crazy big wave.
Aiming for 40% drop from 7.70 range.
Will look for a long entry for wave 5 of higher degree.
The Sandbox: Short-term price targets reached, New Target @$34Our current Target for Sandbox is at the full fib extension @ $34. To put this in perspective, If The Sandbox had a market cap of $30.3B, 1 SAND would be worth $34.00, an upside of 337% from the current price level. This move may not be so straight forward as we haven't experienced any huge profit taking since the start of this parabolic run on the 26th October. From the current price level we have an extremely overbought RSI looking at the technical indicators suggesting a small cool off period could be on the cards. If The Sandbox retraced to previous lower levels, this will in-fact be very healthy for the structure as we have previously seen some resistance around $5, $4 & $2.45 at the Buy Zone if you are looking to DCA after taking some profits from the top. This scenario here is valid if The Sandbox breaks below the 50% fibonacci retracement level @ $4.08 to retest the 50SMA. Otherwise, from the current price we can expect a weak retracement to the 61.80% fibs @ $5.04 before we start pushing again for the next leg up on SAND. This area around the 61.80% fibs is another great area for to enter and ladder up your buys if you missed this great gem earlier in the year.
Our current price Targets for SAND from the current price:
127.20% Fibs at $10 (42% Gain)
161.80% Fibs at $13.15 (80% Gain)
227.20% Fibs at $18.45 (153% Gain)
461.80% Fibs at $34.37 (371% Gain)
Happy Trading. Please see previous analysis below :)
The Sandbox (SAND) Update 17/11/21: New ATH @ $3.63. The Sandbox (SAND) is one of our portfolio picks from early January, from our entry on the 24th January, SAND has grown 4050% ($1000 investment from January will now be worth $40,500 portfolio value). Launched in 2011 by Pixowl, The Sandbox is a blockchain-based virtual world allowing users to create, build, buy and sell digital assets in the form of a game. By combining the powers of decentralised autonomous organisations (DAO) and non-fungible tokens (NFTs), the Sandbox creates a decentralised platform for a thriving gaming community.
This was one of our January Picks exclusive to our members , Click Link in Bio to Join
SAND - 9.5 incoming! Most likely the temporary top too.At the moment of writing, SAND has passed the 1.618 fibo line and is currently testing it after a small retracment. If it holds (and I assume it will) I am sure we will see some further upside to $9.5.
Where I am a bit worried about though is the big blue trendline, which you might be able to see if you zoom out. To my opinion it is very unlikely that the price will break that trend line with confidence. But, if it does I think the market will go even crazier.
Still, I will be looking very carefully on what the price will do there as I believe a bigger retracement will follow.
Trade with care. This is not financial advice
Sand at the edges of the Termination but upside still due. Intermediate 1 2 complete
Intermediate 3 has just kissed the top line of the Termination Channel ( 243 of minor 5 of Intermediate 3)
Reversal is expected.
Grey channel - Base Channel
Green channel - Acceleration Channel
Red Channel - Acceleration Channel
Putting SANDUSD on my watch listCurrently, i believe this asset is crazy overbought, and as such, some selling is incoming. However, i am bullisj longterm due to the effects crypto gaming have had geopolitically. I have highlighted the supports and resistances we might see tested on a pullback. I will keep looking.
SANDUSDWeekly: Bullish Bar candle and structure Visible on 12hr Tm.
12hr: Consolidation Breakout and Clearly visible on 4hr:
4hr: Retest of Resistance Turned Support..
TP: There is no Previous tested Price Level, better to base Probability on Fibs, Until a Zone is Created..Most traders will wait for Market to Mature first.
SAND - next targets $6.65 & $9.5SAND has been on a growth path the last few weeks. Of course this was partly driven by Facebook its rebranding to META, pushing other metaverse coins to new highs as well.
On top of that SAND has announced its long waited launch later this month (29th of Nov) for an exclusive group of people at first. This news, along with its strong set of partnerships is making SAND its price push almost instoppable. What is beautiful to see as well is that the positive sentiment around SAND makes it barely sensitive to the price movements of BTC.
On the chart you can see that it has passed the 0.618 fibo extension line and is now heading to the 1.618 followed by the 2.618. My guess is that it will reach the 1.618 today or tomorrow, after which a small retracement will follow. I dont expect it to go back all the way to its previous fibo line but that it will bounce back and make course to the 2.618 of $9.5 dollar. This will be the point where I will sell as I do expect a bigger retracement from that point.
After that happens I will look for another entry point on lower pice levels, as I believe that the metaverse coins are going to be super bullish in 2022 and beyond and are therefore a great investment.
#notfinancialadvice
SANBOX COIN to 5.3 USD Fibo extension🎯Sandbox is on fire retesting the demand zone which could fire it up to 5.3. which is the top of the channel. I bought 100 Sands. Lets see.
This is a pre-plan M, W, D, H4 Time-frames trends and Parallel Channels. I will execute on the M30 at the institutional level if all conditions are met.
✅ Traders, you are welcome to share your charts, thoughts and questions lets discuss it.
Wish you a good hunt !!
Dave FX Hunter ⚔
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❗❗ This is Pre-plan
That means my view can change, depending on how the price will arrive at the level and what will be happening on the M30 in my level of interest for entry. Then I will decide if I will enter or not. So please don't just blindly follow this. The FX market is a quickly changing environment and it requires full focus on the levels for the precise entry with low risk.
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STRAIGHT UP SAND STORM beautiful next leg for sand staying in price discovery mode... exciting to see where the top might be.. take a guess in the comments :)
Quick 100%?Throw a few dollars at this and take it up to $10. Send them my regards when you get there.
Can Sandbox beat Decentraland?Since Nov 16th, SAND, the cryptocurrency of the metaverse The Sandbox started a strong rally after bouncing within the attractor (blue rectangle) once a corrective sequence was completed with a perfect connection in time with the prior motive wave (you can find more details on how motive and corrective waves are connected in our blog). The trend is strongly bullish based on our dashboard and if this speed in the movements persists, we can reach before the end of the year the area between 6.28 - 7.17. The break below 2.8 invalidates the pattern.
SAND Multi-Timeframe AnalysisHello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
SandboxSandbox. Bears are about to take over as we have reached potential fib-targets. Possibility for a tiny leg upwards still though.
#Sand | 1D Bearish Divergence | #MetaverseHello Padawans,
First of all, do not take this as a piece of financial advice.
I'm planning to bring quick signals like this in the future.
Okay, let's get into the topic.
Sand is a developing under metaverse projects. In so shorting this in this time is highly risky.
But I see a 1D bearish divergence in the chart. But the fundamentals are bullish.
let's see what's gonna happen.
cheers.
May the force be with you.
overextended and possible tag or downOn the day we are overextended, but its possible we could tag our ath. If if tags and comes back down again, then we could see a bearish momentum towards support. Just dollar cost average.
