SAND
sand analysessand usdt analyses
time frame 4 Hours
we can see green uptrend line( short term) between two creme uptrend line (long term)
we can see when price hits green line , price reacts and grows
also we can see when wave is going up in indicator in bottom of chart . when price hit the green line
sorry for my very very bad English but I hope it was useful for you
Sand Forms clear Flag formation target $9,61*Descend trend broken on 4H daily frame
*forms nice flag formation , target $9,61
* price got support from 55 EMA then pullback
*Also, Sandbox game has Alpha Raffle starting from November 29 to December 20. They can create nice volume these days
Please read this first !
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
Regards
SAND TO $8After the long rally, SANDUSDT fall for correction and now formed a Falling wedge which is a bullish continuation pattern. If we see the break of the falling wedge, and the candlestick close above/outside the falling wedge pattern, then the rally is about to continue.
Remember, this is not a financial advice, always do your own research.
SAND / USDT 1HHere is how I would trade SAND / USDT 1H, symmetrical triangle pattern.
If the price breaks the upper line of the triangle - I recommend that you wait for a solid confirmation - then enter a long position.
Take profit ideas:
TG1 - 6.69$
TG2 - 7$
TG3 - 7.34$
TG4 - 7.6$
TG5 - 7.84$
TG6 - 8$
TG7 - 8.3$
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Let me know what you think and which ones you would like for me to analyze next.
Trade safely!
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About The Sandbox:
"The Sandbox is a blockchain-based virtual world allowing users to create, build, buy and sell digital assets in the form of a game. By combining the powers of decentralized autonomous organizations (DAO) and non-fungible tokens (NFTs), the Sandbox creates a decentralized platform for a thriving gaming community.
According to the official whitepaper, the Sandbox platform’s main mission is to introduce blockchain technology in mainstream gaming successfully. The platform focuses on facilitating a creative “play-to-earn” model, which allows users to be both creators and gamers simultaneously. The Sandbox employs the powers of blockchain technology by introducing the SAND utility token, which facilitates transactions on the platform."
Source: Coinmarketcap.com
SAND is so close to breaking out! Keep an eye on this setup!Here's a quick Look at SAND 1 hr chart. As we can see, the price has been forming a falling wedge and we could see a break to the upside soon! Keep an eye on this falling wedge!
The best entry would be, when the price breaks above 6.8$ with good amount of volume .
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The idea is: Buy when the price breaks above 6.8$ and take profits at the levels shown in the chart.
Targets:
1. 7.1$
2. 7.4$
3. 7.75$
4. 8.5$
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What Is a Wedge in the context of trading?:
"A wedge is a price pattern marked by converging trend lines on a price chart. The two trend lines are drawn to connect the respective highs and lows of a price series over the course of 10 to 50 periods. The lines show that the highs and the lows are either rising or falling and differing rates, giving the appearance of a wedge as the lines approach a convergence. Wedge shaped trend lines are considered useful indicators of a potential reversal in price action by technical analysts.
Key Takeaways for Falling wedges:
1. Wedge patterns are usually characterized by converging trend lines over 10 to 50 trading periods.
2. The patterns may be considered rising or falling wedges depending on their direction.
3. These patterns have an unusually good track record for forecasting price reversals."
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
SANDUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in a 4-hour time frame.
As you can see, the price is fluctuating inside a rising flag and below the resistance line. If it can break that up, it can move towards our target.
It is also possible that it will start moving upwards after hitting the first support line. We have drawn a third support line, which can be a good area to buy for long-term.
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
🔥 SAND Another Bull-Flag Break OutOver the course of the last couple of weeks, SAND has seen an incredible performance, leading the way for the crypto-gaming tokens.
During this period of impressive gains, four bull-flags have been formed and resulted into another break out. As of 3 days ago, a new period of consolidation has arrived for SAND.
My take is that this is yet another period of accumulation before yet another bullish move. Targets placed at the current ATH at $8.5 and a longer term target at $10.
Happy trading!
Sand 2nd Round for infinity and beyond A falling wedge probable upside move in Sand to 10$ is impending. The falling wedge in Sand is much more visible than in Gala. Is it a mere coincidence that high of Sand is 8.4 and Gala is 0.84, both tends to move one after another.
Target 10 USD in sand and 1 USD in Gala, just a matter of time and patience.