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SANDUSD trade ideas

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.
CRYPTO:SANDUSDLong
by DEXWireNews
TRADE ALERT - LONG SANDTraders, Admittedly, I am making this trade partially because I am a little bored with this price action in the crypto space lately. But, SAND is oversold and it has been for a few weeks. I expect a pop anytime now. Additionally, you can see we are still in a bullish descending triangle. Now, in a bull market, this would be highly bullish to exit. However, I have learned that an exit from these triangles rarely plays out the same way in a bear market. Therefore, I will be happy to simply touch that 50-day ma at around .37 cents. I will make that my target. Stop out will be .28 cents. And my entry was around .30 cents. We’ll see how this goes. Best, Stew
BINANCE:SANDUSDLong
by stewdamus
Sand - Crypto currencySand has been stabilizing around 1.30, historical volatility in this instrument is usually much higher. I have a bull bias. If bitcoin runs up I expect sand to go to 1.90, potentially 2.30 within the next month. A long trade with stop loss at 1.25, entry at 1.31 and take profit at 1.91 would give a 9.83 risk reward trade. Risk 1% of your portifolio to potentially make 9.83%. Example given: on a 10K usd trade account you would be risking 100 USD to make 983 USD. Keep in mind that this trade could fail and you lose 100, the idea is to make an infinite number of trades like this and keep making money over the long run.
FTX:SANDUSD
by TraderItcha
SAND is about to go ballistic!Sorry for the clickbait title but I am feeling the vibe on this one. I know, I know. Targeted by the SEC as a security. But, on the other hand, one of the tokens legalized by the Hong Kong market. Outside of debates regarding fundamentals, let's dive into what the technicals seem to be showing us! First, take a look at the beautiful triangle! Dang son, it don't get much better than that yo! Now, look down there at that RSI. See that red TL? Pop, pop, ...and POP. At every touch you can bank on cash. Incidentally, this third touch will coincide with a touch of the bottom of our triangle. And, just below that, a very important support. This is an easy bet. I have entered at 37 cents ish and will hold till at least 53 cents with the remaining balance to 58 if I don't get stopped out first. I will be moving my stops up as we go as always. Best, Stew
BINANCE:SANDUSDLong
by stewdamus
✴️ The Sandbox Starts To Recover (82% - 148% Potential)The MACD gives it away. The Sandbox starts to recover after hitting a new low. Notice that the low this month is lower than late Dec. '22. Now, look at the MACD: We have a higher low, June '23 vs Dec. '22. The next signal is the bullish cross, when the MACD line (blue) crosses upward the signal line (orange). The histogram has gone green as well which lends additional support to this signal. One signal in isolation can be dangerous, chart signals should be taken in together with the broader context of the chart/market. We have the MACD bullish cross, bullish divergence and green histogram. SANDUSD is now trading daily above EMA10 and yesterday managed close to above EMA21. Then we have the bigger market picture which is bullish based on Bitcoin hitting a multi-months high and many of the top Altcoins hitting the highest price in more than a year. All this together can work to say that The Sandbox is getting ready to grow. Even with that said, we prepare for all scenarios in case things change. What's bullish today can become bearish tomorrow and vice versa. Take your time to study and plan. Make sure to invest in yourself, in your growth, in your tools... Success, winning, comes with a stable mindset and the amount of work and dedication that you put in. If there is no energy in what you are doing, it is hard to win... But if you focus and take care of the details as you go, in the end you will be rewarded with your desired results. Namaste.
CRYPTO:SANDUSDLong
by AlanSantana
SAND Looks Ready to Breakout!Traders, SAND is in prime position to move even higher than it already has these past few weeks. I haven't entered this trade yet but may soon pending these occurrences: I want to see a move above the 200 day ma with confirmation I want to see a break above the red descending TL I want to see a move above the Ichimoku cloud What we have: A breakout of the triangle in Logarithmic View. Click the "Log" text in the bottom left corner of the chart to see this view. What I don't like: RSI nearing oversold Let me know in the comments if/when you decide to enter this trade. Stew
BINANCE:SANDUSD
by stewdamus