SANDUSDT 1WSAND ~ 1W
#SAND Double Bottom-up will be formed here. all you need to pay attention to is that BITSTAMP:BTCUSD is not decreasing again. then this pattern will be a continuous increase.
SANDUSDT.P trade ideas
Long Idea on SANDok, I need to describe the damn thing, I came in, I just believe in the high season now (I will duplicate the description in coins that I will take)
SAND Looks INTERESTING!Even though SAND has failed the Point of control, this may end up being a good thing in the end because we can now look lower for a better entry. We are starting to bounce off the daily level below, I would not like to enter a long here unless we start to reclaim the POC (Yellow Line). The best entry will be the sweep of the liquidity below and reclaim of the Value Area Low.
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SANDUSDT.1DIn my analysis of the SAND/USDT daily chart, I have observed several key technical aspects which suggest potential future price movements for SAND.
Trend Analysis: The chart shows a significant downward trend line from early in the year, indicating bearish sentiment over the past months. However, recent price action has consolidated around the $0.3957 support level (S1), which could signify a slowing down of the downward momentum.
Support and Resistance Levels: The current price is slightly above the S1 level at $0.3957, which has acted as a pivot point for price movements. If the price holds above this support, it may attempt to push towards the first resistance level (R1) at $0.5081. A break above R1 could see further upward movement towards the second resistance (R2) at $0.5725.
Indicators: The Relative Strength Index (RSI) is below 50, which typically indicates bearish momentum but it’s near the midline suggesting a potential for reversal if it crosses above 50. Meanwhile, the Moving Average Convergence Divergence (MACD) shows the histogram bars rising towards the zero line, which might suggest decreasing bearish momentum and a possible bullish crossover in the near future.
Trading Strategy: Considering the proximity to the support level and potential reversal indicators, this could be seen as a buying opportunity for those looking to capitalize on a rebound to the R1 and potentially R2 levels. However, setting a stop-loss just below the support level at $0.3957 is crucial to mitigate risk in case of a continuation of the bearish trend.
Risk Management: Ensuring proper risk management is essential, especially given the volatility and the potential for further lows. A stop-loss order not too far below the support level would help protect investments while allowing room for the usual price movement.
Conclusion: The current market setup for SAND suggests a possible entry point for a bullish position with predefined targets at R1 and R2, backed by supportive indicators like RSI and MACD. The critical factor will be the price's ability to maintain above the $0.3957 support level. If it holds, we could see an upward movement; if not, the bearish trend may continue, pressing the price to test lower support levels.
SAND PriceThe price action implies that, the token traded in a narrow range and might reflect a range breakout soon.
SAND's Potential Breakout: Will It Hold Above Key Levels?🔍The market is currently showing some promising signs, but we need to wait for confirmation before taking any action.
📆Coin of the Day: SAND (The Sandbox)
About the Project
The Sandbox is a virtual world where players can build, own, and monetize their gaming experiences using SAND, the main utility token of the platform.
🧩Technical Analysis
4-Hour Timeframe
This analysis focuses on futures trading and explores potential market scenarios.
📊Curve Line: The current price action is forming an upward curve, but this curve is not yet reliable. We need to see a confirmation with a price move above 0.469 to consider it a dependable support line.
📈Bullish Scenario: If the price breaks above 0.469, the next targets would be 0.5057 and potentially 0.5100. A confirmed move above these levels could indicate a strong bullish trend. Watch for the RSI to break above 66.06 to confirm the entry of bullish momentum.
📉Bearish Scenario: If the price fails to break above 0.469 and starts to decline, it might test lower support levels at 0.4492 and 0.4300. A significant bearish move could lead the price down to 0.4057. Volume analysis suggests caution, as the volume is not strong enough to support a sustainable bullish trend yet.
📊Volume Analysis
The volume is currently volatile and not showing a clear trend. This volatility in volume is a negative point for a strong upward trend, indicating that traders should be cautious and wait for clear signals before entering any positions.
👨💻Trading Positions
Long Position
Entry Trigger: Break above 0.469
Strategy: Open a position on the break of 0.469 and wait for confirmation from the price action to set the target. Consider taking profits or adjusting stop-loss orders based on market conditions.
Short Position
Entry Trigger: Failure to break above 0.469 and a decline below 0.4492
Strategy: Open a position if the price fails to break above 0.469 and starts to decline, targeting lower support levels such as 0.4300 and 0.4057.
📝SAND is currently forming an upward curve but requires confirmation above 0.469 to be considered reliable. Traders should watch for breaks of critical levels to open positions. Volume analysis suggests caution due to its volatility. Long positions should be considered above 0.469, while short positions can be approached if the price fails to break above this level and declines below 0.4492. Always keep an eye on the RSI for confirmation of momentum in either direction.
🧠💼It's important to acknowledge the inherent risks in futures trading, with the potential for margin calls if risk management is neglected. Always adhere to strict capital management principles and utilize stop-loss orders, ensuring that the initial target offers a risk-to-reward ratio of 2.
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SANDUSDT Reversing From Its Major Support Zone!The price of SANDUSDT is reversing from its major support zone. It appears to be forming an inverse head and shoulders pattern. We can expect a 50-100% move in the next few months.
Regards
Hexa
SANDUSDT Good Buy!SANDUSDT Technical analysis update
The price of SAND has formed a triangle pattern on the 4-hour chart.
On the daily time frame, the price is reversing from its major support.
you can buy it on the spot and hold it
Regards
Hexa
SANDUSDT 1DKeep an eye on #SAND. It is trying to break out the resistance. In case of a solid breakout, the targets are:
$0.5384
$0.5935
$0.6485
$0.7268
$0.8266
#SAND/USDT#SAND
The price is moving within a bearish channel on a 4-hour frame and is strongly committed to it.
We have a support area at 0.4200 and we bounced from it at the lower border of the channel
We have a tendency to stabilize above the Moving Average 100
We have an upward trend on the RSI indicator that supports the rise and gives greater momentum
Entry price is 0.4350
The first target is 0.4650
The second target is 0.4802
The third target is 0.4950
SANDUSD 1WSAND ~ 1W
#SAND The H&S pattern is formed from this.
Make purchases in stages with a target of at least 20%+ from here.
$SANUSDT POSSIBLE BREAKOUTKUCOIN:SANDUSDT
0.40 zone needs to hold as support and a possible breakout would provide interesting targets as marked. 0.40 could Fake Out so it's important to watch for these signals - and price tells you everything - just be patient. When you have a confirmation now you can pull the trigger on your planned move.
When planning moves we must consider the possibility of failure and you must manage risk and remember that CRYPTOCAP:BTC rules the show. Currently, CRYPTOCAP:BTC is sitting in a Bull Flag but price is in the pattern until it isn't so in the event of a pullback, we would look for a discounted entry on $SANDUSDT.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations.
Next move!Salaam
We are below local resistance on the daily basis after the sell-off on the 13th of April.
Also, there is a triangle pattern broken to the downside, we could consider some rise as a pullback.
If the triangle works, expect 20-30% down on some altcoins.
By the way, as triangle patterns are subjective, local resistance is mostly important.
close daily candle above the resistance will discard this scenario.
I'm bullish now, even going for the downside move and waiting for the move to refill my bags.
and saw many broken patterns on the macro view on many coins. so, I'm not telling you to go for a sale.
good luck
SANDUSD 1W: Sculpting a Head and Shoulders PatternSANDUSD is shaping up a potential head and shoulders pattern. If confirmed, this could signal a buying opportunity before a possible reversal. Keep an eye on key levels for a strategic entry point.
#SAND Buying near the support zone could be a good opportunity #SAND
Buying near the support zone could be a good opportunity to make money🤔
Long-term targets are: $0.83, $1.35, $2.67, $4.66, and $8.50🎯
Trendline I mention the Take Profit and Stop Loss. While taking any trade please manage your risk according to your portfolio and also do your own research. Thank you
Butterfly Harmonic PatternTargets are mentioned and please do your own analysis before taking any type of trade and always manage your risk according to your portfolio.
SANDUST maybe is preparing for another short??(1H time frame)This analysis in the SANDUSDT according to the action reaction strategy and based on pitchfork showing a chance for a good short gaining.
Before any action for getting position analysis this cryptocurrency by your knowledge.
#SAND/USDT#SAND
The price is moving in a bearish channel on the 12-hour frame, and it adheres to it well, and the price rebounded from the green zone
After rebounding from a significant decline, it is expected that the downward gap will be filled
We have a tendency to stabilize above the Moving Average 100
We have a downtrend on the RSI indicator that is expected to break higher to support the rise
Entry price is 0.4430
The first target is 0.5300
The second target is 0.6094
The third goal is 0.7113
📈SAND Futures: Short-Term Trading Analysis⚡️🔍Exploring SAND, a metaverse venture with long-term potential, we shift our lens to short-term trading prospects within SAND futures, scrutinizing a 4-hour timeframe.
📈Beginning with candlestick analysis, SAND witnessed a notable decline post-breaking the 0.5629 support, settling near 0.382, thereby forming a consolidation zone between 0 and 0.382. The duration of this range remains uncertain.
💥RSI, after touching a support level at 13, now stabilizes around 50, signaling a reset amid price stabilization. Await RSI's confirmation as it forms a new structure. Meanwhile, volume diminishes post-reaching the 0.4050 floor, synchronizing with the consolidation phase, implying reduced activity during price correction.
📉For potential short positions, monitor a breach below 0.4050, presenting potential entry points, with an initial target set at 0.3647. Conversely, exercise patience for long positions, awaiting confirmation near 0.4710 or a bullish move followed by a correction.
📝Stay vigilant as SAND's short-term trajectory unfolds, capitalizing on emerging opportunities while navigating market dynamics.
🧠💼It's important to acknowledge the inherent risks in futures trading, with the potential for margin calls if risk management is neglected. Always adhere to strict capital management principles and utilize stop-loss orders, ensuring that the initial target offers a risk-to-reward ratio of 2
SAND LONG SETUP ALL trading ideas have entry point + stop loss + take profit + Risk level.
hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
Disclaimer
