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SANDUSDT trade ideas

SANDBOX - The Storm Could Still not be overOur updated Sandbox chart: resistance 1t 1.68 and 1.54 are a concern and in case of a third storm (watch the video coming up and you will understand) we should be prepared for a further drop. We find this chart off balance and with the next support level very far away at 35 cents. The 1$ mark will also play the role of support (in case we are going even South-er). So..let's be careful One Love, the FXPROFESSOR PS. SANDBOX IS AVERY PROMISING PROJECT, YES, THAT DOES NOT CHANGE. bUT TECHNICALLY WE PREFER TO BUY OVER RESISTANCE (1.68$) OR MUCH LOWER
Short
by FX_Professor
3
SANDUSDTHello Crypto Lovers, Mars Signals team wishes you high profits. This is a one-day-time frame analysis for SANDUSDT After experiencing severe declines, now the price is fluctuating over this long-term support line and we expect it to be fixed. Therefore, the price will have no more fall and even it start its movement toward the first resistance line. Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position. Wish you luck
Long
by MarsSignals
SANDUSDT DOWNTREND CONTINUATION OR REVERSAL ? Hello Traders, Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it! - Checking our 1D time chart frame we can see that SAND is in bearish mode that began in November 2021, price action has responded to a descending trendline and tumbled 75.4% from the All-Time High of $8.44. The traders are actively selling at this upper trendline, restricting any significant bull run. -On the other hand, the buyers had defended the $2.6 support since last quarter, preventing any excessive loss. Thus, the price action got sandwiched between the descending trendline and stiff support, yet buyers failed to hold this important support level and the price went down to psychological support 2$ , moreover on April 30th the sellers managed a daily candle closing below the $2 support, suggesting another leg down. However, this breakdown was not that significant, and the price jumped above $2 soon after. The $2 support is an important support level ( demand zone ) as well acting as an psychological support . - I suggest 2 scenarios : - Bullish scenario : Buyers will try to push the price again to S/R $2.6 , breaking this level will give us a sign that buyers trying to take control and will push the price higher in order to break the descending trendline which it will be our trigger for bullish reversal uptrend - Bearish Scenario : In attempt for a pullback , buyers are facing a stiff S/R $2.6 and 20 EMA acting as dynamic resistance to this price which will cause the price to dip again to level support $2 then price would accumulate for a certain time or even price can continue its downward move to level support $1.11 . Until now SAND is still trading in bearish mode until a new confirmation from buyers , will be watching 1D candle close above this level support $2 to take an idea where the next move would take in Good Luck Traders!
by Johnny_a88