Sandusdt
SAND dropping down to below $0.88A clear Descending Triangle Pattern had shown up and breakout clearly.
Stop loss 2.88
Entry 2.51
Take profit $0.88
Risk Reward Ratio 4.74
We are in a bear cycle in both Crypto and Equity market, I'm going to stick to the plan and see if we can reach the target.
#NOT FINANCIAL ADVICE#
SANDUSDT Analysis (potential Inverse H&S)Hello friends.
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Everything on the chart.
Entry: market and lower
Target: 1.2 and ~1.4
after first target reached move ur stop to breakeven
Stop: ~0.715 (depending of ur risk). ALWAYS follow ur RM .
Risk/Reward: 1 to 3
risk is justified
Good luck everyone!
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It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
SAND/USDT - LONG----- Welcome, dear followers! -----
- Here is my trading methodology. I trade with a normal system and analysis of resistance and support, as well as price reversal patterns.
- For the record, I do not place a stop loss within my trades. So that I only risk 1.5% of my total capital in order to support the loss due to a price reversal against me.
- If a price reversed against my expectation and touched the drawn line r3, then I transferred targets to the entry point and waited for the price to close at it with a loss equal to almost zero.
- Today's deal is shown in the chart, and here are the entry and exit points below.
-- Support me with numbers and follow up on my account for other deals in the future. Thank you for coming to this part. --
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⚡️⚡️ SAND/USDT ⚡️⚡️
Exchange: ByBit USDT
Trade Type: Breakout (Long)
Leverage: Cross (3.0X)
Entry Orders:
1) 0.8519 - 100.0%
Take-Profit Orders:
1) 0.8792 - 60.0%
2) 0.9017 - 30.0%
3) 0.9353 - 10.0%
Trailing Configuration:
Stop: Breakeven -
Trigger: Target (1)
SANDUSDT|They say now the coins shoot at 50-100%hello trader Today I have prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
SAND is now in a global downtrend, the asset once again came to the trend line and got a rebound!
Look at what is happening now in the market in terms of altos, some projects shoot at 50-100% DOGE is no exception (156%) So SAND has now been in the accumulation zone for 143 days and I think the rocket may soon go into space! I bought some asset for 5% on spot...
SAND | Descending Channel Breakout..!!
#SAND (Update)
Finally, Historical Descending Channel Breakout/Retest done after Long Consolidation.
Looks Very Solid for Midterm Hold, Expecting +250-320% Bullish Rally.
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No Lambo but maybe...Gucci? 👜👠🇮🇹In February, Gucci announced it bought land in The Sandbox metaverse , and last week it launched its first event. The Gucci Vault Land event will be available for two weeks until November 9.
At the same time, Gucci has launched eight voxel digital collectible clothing items available in The Sandbox. Or, as Gucci put it, “Within the experience, Vault will present a selection of digital collectibles to portray its ongoing pursuit of precious wonders.”
Plus, existing owners of Gucci Vault NFTs, such as the SUPERGUCCI, will receive a special Aura NFT wearable.
The fashion business opportunity in the metaverse
Stepping back, the ongoing experimentation of fashion brands in the metaverse is hardly surprising. Fashion, and especially luxury fashion, is a status symbol. While some might wear it for themselves, most want to dress to impress. For now, nobody sees you when you use social media. But over time, social media is likely to migrate into the metaverse. So how you dress your avatar will matter.
The latest research shows that people spend almost two and a half hours a day on social media. That’s considerably more time than they spend IRL socializing. Logically, in the future, people may choose to spend more money dressing their avatars than themselves.
Morgan Stanley estimate that by 2030 luxury goods in gaming, the metaverse and NFTs could be 10% of the market or a €50 billion ($50bn) revenue opportunity. It’s also a high-margin one because there’s no need to produce and ship the goods physically.
Toe in the waters
But for now, two things impact fashion brands engaging in the metaverse. First off, there are only a few people in the metaverse. For now. So Gucci doesn’t want you wandering into their Gucci Vault when it’s mainly empty. Instead, it’s exploring the metaverse with events, gathering people together at the same time. And The Sandbox is running quests in the game which earn Gucci Vault Boxes to keep people engaged.
This isn’t Gucci’s first metaverse experience. Last year it ran a two-week Gucci Garden event in Roblox. It also partnered with the Tennis Clash game and the Korean Zepeto chat app and virtual worlds.
That leads to the second challenge. Luxury fashion brands are notoriously fussy about production values and details. The Sandbox is currently a voxel format – those pixelated characters. In contrast, the production values of Zepeto and Roblox were far higher. To its credit, Gucci has managed to overlook that and is willing to experiment.
And it’s not the only one. During New York Fashion Week, the Council of Fashion Designers of America (CFDA) announced a collaboration with The Sandbox. In December, it’s planning a metaverse showcase that will include Ralph Lauren, Donna Karan, Oscar de la Renta, and several other famous labels.
Meanwhile, these incumbents face competition. Web3 is notoriously a major disruptor. If they’re willing, fashion brands should easily be able to embrace the metaverse and profit from it. But they most certainly are encountering web3 competition. For example, The Fabricant is a new web3 fashion brand that boasts Vogue as a client, and Nike snapped up RTFKT. Where the incumbents have millions of existing customers, the challengers are experts at building online communities and tapping into web3 culture.
So, brands like Gucci must be willing to experiment as it has. The luxury house already has multiple non-fungible token (NFT) collections under its belt, including a collaboration with SuperPlastic for SUPERGUCCIs.
SANDUSDT - Descending Broadening wedge pattern!SANDUSDT (1D Chart) Technical analysis
SANDUSDT (1D Chart) Currently trading at $0.893
Buy level: Above $0.88
Stop loss: Below $0.65
TP1:$1
TP2: $1.4
TP3: $2
TP4: $2.5
Max Leverage 2x
Always keep Stop loss
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SANDUSDT - Price action UpdateHi there,
So many were calling for shorts and few were calling longs but in real what's gonna happen ? Well my answer no we can't say the least we can do is predict the possibility of happening but we can't sure it's gonna happen. So without any confirmations in price actions of the assets never take a trade based on the predetermined decisions, one must able to make decisions instantly according to changing conditions to be a successful trader.
Moving to analysis, here we are on SANDUSDT chart, what's the idea....
Well it's pretty simple the previous upward moment had been rejected from the resistance zone which is at $0.7941, so can we open short? well not so soon, let's draw out some pivot conditions to conclude our decision.
Volume : Well from the last three days the volume has been pretty much increasing and ofc volume during the rejection from it's resistance is also high.
RSI : well it's been in nice uptrend from the past three days, it oscillated between the range 40 -60, so it's too early to open short.
MACD : we can observe the downward strength is slowly decreasing, so yea definitely it's not the time to open short.
Resistance : $0.7941 has been acting as strong resistance unless it's got broken, we can't open long too.
Intraday Trade :
LTF - 5min : there's a pattern formation called descending triangle with local support $0.7671 - once it's broken we can open the short placing the target at $0.7948
Conclusion :
It's too soon to open short position we need to wait until the price heads to the range - $0.7845 to $0.7941 and got reject from there which is likely or to break the local support at $0.7671, so that we can open short. And if the resistance is broken we can draw constraints accordingly to go for long. Wait until the confirmation....Stay connected for updates and if any doubts comment in the comment section
SAND/USDT LOOKS GOODHi,
I'm a big fan of this project. It's metaverse and play and earn kind of a project. I'm a strong believer of metaverse projects. They are here to stay.
I'm taking this setup and buying here for the upcoming weeks.
I'm expecting 100% easy move to the upside.
Lets wait for the market structure to break and we will get it.
All the best!