SAND The Sandbox Price PredictionIf you haven`t sold SAND here:
Then you should know that Grayscale expressed concerns over the potential impact on the Ethereum Merge, especially on tokens that run natively on Ethereum:
The Merge may lead to a fork that might have unexpected and unfavorable outcomes and a scenario where stablecoins and tokens locked in smart contracts might not be redeemable.
Token and stablecoin holders might panic and start liquidating their holdings.
In this context, price target for SAND The Sandbox is $0.70.
Looking forward to read your opinion about it.
SANDUSDT trade ideas
The Sandbox (SAND) forming bullish Shark| A good buy opportunityHi friends, hope you are well and welcome to the new trade setup of The Sandbox (SAND) with US Dollar pair.
Previously I shared a long-term trade setup for SAND, which is still in play.
Now on a 4-hr time frame, SAND is completing the final leg of a bullish Shark pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
SAND forming a Top Head and ShouldersAfter a little uptrend, we saw SAND forming the head-and-shoulders top pattern, and, which makes it good for a SHORT CALL, the Neckline crosses Support, it is a very good sign of a possible dump.
NOTE: DYOR, be cautious to place STOP LOSSes and trade your own personality.
🔥🚀BINANCE INVEST IN NFT: BRIGHT FUTURE FOR SAND AND CO.?🔥 Hi friends! NFT have a great future, Binance is investing in the industry, Binance CEO CZ⚡️ said. CZ made this statement during his AMA. This is a green light for the NFT projects such as SANDBOX.
I will publish the list of NFT altcoins ant the end, but now more details about SAND technical situation.
Now the price consolidate inside the HUGE accumulation area of $0.5-0.6 where the whales buy a lot of coins. Take a loof on volume indicator. 4 huge candle spikes! This is a bullish sign for this altcoin.
📊 THE PRECONDITIONS TO OPEN A LONG ON SANDBOX:
1. breakout and test the trendline as the support
2. huge volume to buy on SAND. I use DOM and Footrpint to see the real whales oders to buy or sell, so this will not be a huge problem
3. bullish BTC
✅ THE 3 TARGETS FOR SANDBOX:
🔥 $0.64 - key level and local high
🔥 $0.69 - important mirror level
🔥 $0.76-0.8 - value area
🚩 I make the list of NFT or related to NFT projects on Binance for you: APE , FLOW , XTZ , SAND , CHZ , THETA , AXS , MANA , CAKE , IMX , SUSHI , STEPN, GALA , TLM , BSW , DAR. Traders, take a more detailed look at these altcoins.
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
SAND LONGS SET UPBullish bias on SANDUSD
- adapting to bullish fundamentals in crypto market due to the recent cpi data release and fed pivot
- bull flag market structure form on the 4hr timeframe.
- Price showing rejections at key support on the very high timeframe
Trade safe and enter upon confirmations like a break and retest of market structure
SANDUSDT.P trade idea - 4H Ichimoku levelsHere we trade SANDUSDT using 4H Ichimoku levels/zones.
What do we see?
- price made a higher high
- RSI appears to remain bullish (higher high)
It further looks like we did not yet reach our take profit area. We might therefore expect a higher push, towards zone 1.
For our entry, we identified what looks like a gap in the 4H Ichimku conversion line (Tenkan sen, bleu line). Indicated by the arrows left on the chart. We draw a zone and yes, it looks like we did find support on that level. We enter for a long position with 25% of our budget, 1x leverage. Take profit on zone 1. Stop loss below the next support level underneath our zone.
Remember: this is just an idea, NOT financial advice. Please do NOT take this trade, as it may run into a loss. Only take trades that fit YOUR plan and/or risk tolerance. Happy trading!
#SAND/USDT - Long - Potential 38.75%#SAND/USDT - Long - Potential 38.75%
Strategy: Long
Exchange: Multi-Exchange
Account: Spot
Entry mode: DCA Limit
Invest: 5%
Exit:
Target 3 : 0.8629 46.16%
Target 2 : 0.6915 17.13%
Target 1 : 0.6493 9.98%
DCA Entries
Entry 1: 0.6215 - 25%
Entry 2: 0.5938 - 25%
Entry 3: 0.5731 - 50%
Current market price: 0.621
Stop: 0.535 (-9.38%)
Technical indicators:
24h Volume: 13639844.4034
Satoshis: 0.621
Breakout with volume, BTC at resistance and 200moving average directly overhead so retrace through DCA levels possible. TP1 can be adjusted (brought down) as av. buy price falls.
Trade: SANDUSDT 05/12/2022 09:50
Account: SPOT
Volume last 24h: 13639844.40 USDT
LONG SANDUSDT?Take profit zones are highlighted on the chart and are place in position to where the Fibonacci extension tools shows where the price should be heading.
reason for taking the trade:
-SAND is now on it corrective wave retracing healthily to the Fibonacci level of 0.786 making a great zone to buy. in addition there is a major area of support in that area
-The MACD also show a dying bearish volume and showing that there is going to be a change in the movement of the coin. The RSI also shows oversold which means that the price will shift up.
-There is also a bullish divergence present on the MACD and RSI indicator showing that a new trend will be formed.
What do you think?
BINANCE:SANDUSDT