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SANDUSDT trade ideas

Long-term #SANDUSD #SANDUSDT Analysis - MONTLYWith the recent events on cryptocurrency; I think we will start seeing less coins getting pumped and more of the solid coins getting attention. By solid, I mean coins that actually has a project and some kind of revenue coming in. Currently a lot of coins are back to prices of last year, if not, then lower. This makes it a great entry point for those that wanted to get in a few months ago, but thought prices were too high. Sand's (4th) wave count has retraced to the peak of wave (1) and bounced nicely. This is usually a good indication that the bottom is in. We don't normally enter wave 1 territory unless btc does something drastic. The market sentiment is still uncertain and people are fearful, which makes it a perfect op BINANCE:SANDUSDT FTX:SANDUSD portunity for institutional investors to start investing.
by drkemalturker
1
📈Should you buy SAND after such PUMP? Only after THIS!The SAND starts to PUMP after the good news about the project making +82%. I will explain to you next entry point which can give you at least +37%. I marked ont the chart the growing volumes and sellers activity. At SAND peaks someone sold a lot of tockens and the columes confrimed it. Now we have to see the liquidations volume to open a long trades. But why? This guys who bought at the top will be the fule for potential sall and when they will sell theit tockens it will be our time. 1. Draw the trendline and identify the squeeze. 2. Look for the huge liquidations at the volume. If you see the big volume after dump it will be additionall confirmation to you that retail traders will have been traped. 3. BTC should also rose with the alts. It will add additional strength to SAND. Of course, if we return to the $0,81-0,88 value area a lot of traders with laverage will be liquidated and it`s a huge support area for the price. It means that price can easily bounce from this area. The target for this movement is $1.29-1.34 value area (+34%). If you still have a question write it down! 💻Friends, press the "like"👍 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.
by Yuriy_Bishko
1
SAND/USDT Main trendThe chart shows the main trend. Timeframe 3 days. The main trend to understand in which zone in the secondary or local trend you are working. Coin in the coin market: SAND This is what this secondary trend looks like on a line chart. I want to note that the price of excess profits has been in the main trend since the beginning of trading, the coin is quite fresh. Therefore, if the work is long, then only "pull out" the price movement without the accumulation of large positions. If the mirror level of the “wedge support” (gray zone) is broken, then a huge potential for short-term work opens up. But at the moment I'm working with a wedge. Observe risk management in your work and this is very important - limit possible losses with the help of a stop loss, this is very important with such excess profits. But, don't be greedy, take into account the intraday volatility of the trading instrument. If it knocks out and the pump continues to work without you, it's okay. The reversal zones and the main levels on which the development of the trend will depend, I showed on the chart. Explore ideas for working in a minor trend in detail. Secondary trend (a trend worth working in when an acceptable entry point occurs). Deadline 1 day. Candles. Logo. SAND/USDT Secondary trend. Wedge
by SpartaBTC
12