Sandusdt
SUNUSDTGod's money
Our trust is in God
In today's society, money is God, if you are rich, you are God of people
So step by step in the direction of analysis and successful entry and exit, God of the people, be patient and be patient
Sun currency has reached the resistance zone, it is forced to collect and distribute in order to continue moving and aiming for price increase. And the price drop becomes more likely.
So you can enter the market at specified points and make a profit.
SAND (Sandbox) and altcoins analysisExample 2
💰ETH (COVID dump )
-70% ➡️ peak volumes at the bottom ➡️ gradual recovery and bull run further
💰SAND (now)
-56% ➡️ Big volumes at the bottom ➡️ projecting gradual recovery
Similar price action was on most of altcoins during Covid.
So now we should expect similar price action on most of altcoins too. But the main thing is to decide which Example it could be. Of course, there are other scenarios that you could draw.
📈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/USDT Technical Analysis - Potential Bullish OpportunitySAND/USDT has exhibited a notable XABCD harmonic pattern formation, coinciding with a pivotal support level. This suggests a potential bullish reversal from point D, indicating favorable trading opportunities for discerning investors.
Harmonic Pattern Analysis:
The XABCD harmonic pattern observed in SAND/USDT signals a systematic price structure characterized by precise Fibonacci relationships. The completion of this pattern at point D suggests a high probability of trend reversal, presenting an optimal entry point for bullish positions.
Key Support Area:
The convergence of the XABCD pattern with a key support area strengthens the bullish bias, reinforcing the significance of the anticipated price movement. This confluence enhances the reliability of our analysis and underscores the importance of the identified entry level.
Entry Strategy:
We recommend initiating long positions near the price level of 0.5053, strategically aligning with the completion of the harmonic pattern and the established support region. This entry point offers favorable risk-reward dynamics and positions traders advantageously for potential upside movements.
Risk Management:
To mitigate downside risks, it is prudent to implement a stop-loss order near 0.3532. This predefined exit point safeguards capital and preserves trading discipline, ensuring minimal losses in the event of adverse price fluctuations.
Profit Targets:
Our profit-taking strategy encompasses two distinct targets to capitalize on the anticipated bullish momentum. The initial profit target (TP-1) is set at 0.6584, representing a conservative approach to securing gains. Subsequently, the secondary profit target (TP-2) is identified at 0.8115, offering the potential for extended profitability as the uptrend unfolds.
Conclusion:
In conclusion, the technical analysis of SAND/USDT reveals a compelling bullish outlook, characterized by the formation of a XABCD harmonic pattern and the confluence with a key support area. By adhering to the suggested entry, stop-loss, and profit-taking levels, traders can optimize their trading strategy and capitalize on the anticipated price appreciation.
Disclaimer:
This analysis is based solely on technical indicators and historical price data. It is imperative to conduct thorough risk assessments and exercise prudent risk management practices when executing trades in the financial markets.*
SAND/USD - Bullish Potential Identified at Key Support ZoneKey Support Area Analysis:
SAND/USD is currently positioned at a critical support level, historically significant as a former resistance zone. This level also coincides with the 4-hour trendline, reinforcing its importance in our analysis.
Bullish Outlook:
Considering the convergence of support factors, our analysis suggests a bullish bias for SAND/USD from this juncture.
Trade Recommendations:
Entry Point:
We recommend taking entry near 0.59085, aligning with the support zone and anticipating the initiation of a bullish move.
Stop Loss:
To mitigate potential downside risk, it is prudent to set a Stop Loss near 0.5350, strategically placed below the support level.
Take Profit Targets:
We propose the following Take Profit levels:
- TP-1: 0.6487
- TP-2: 0.7038
- TP-3: 0.7600
These targets are derived from technical analysis and represent potential areas of resistance where profit-taking could be considered.
Risk Management:
It is essential to adhere to sound risk management principles, including proper position sizing and adherence to the predetermined Stop Loss level.
Conclusion:
In conclusion, the technical analysis suggests a favorable risk-reward opportunity for a bullish move in SAND/USD, with clear entry, exit, and risk management parameters outlined. Traders should monitor price action closely and adjust their positions accordingly as the market evolves.
SAND/USDT Shows a bouncing from the support, Back to upward ??💎 Paradisers, #SAND has recently exhibited notable market dynamics, demonstrating resilience with a bounce from the support area.
💎 The historical pattern suggests that when SAND reaches this level, it tends to bounce, indicating strong support. If SAND also manages to break out of the bullish pennant pattern, it could signal a continuation of the upward movement toward the strong resistance area.
💎 However, if SAND breaks below the support area, it could signify a bearish momentum, potentially leading to further downward movement towards the next support level at $0.464.
💎 It's crucial for SAND to bounce from the support area and reclaim the price above this level to maintain its upward trajectory. Failure to do so could result in continued downward movement.
MyCryptoParadise
iFeel the success🌴
Alikze »» SAND | Pullback to broken structureThe Sandbox is a blockchain-based platform that offers creative and decentralized gaming experiences. SAND combines DAO, Metaverse, and NFTs to usher in a new era of gaming.
🔰 In the weekly time, it has made a mixed correction, which after 50% correction of the previous wave has faced demand in the range of 0.27, and now with the failure of the dynamic trigger and a correction and a pullback, it has a growth up to the supply area and neck line. Therefore, I expect that after completing the corrective lag, it will face demand and advance towards the target.
⚠️ The invalidity zone of the analysis is the range of 0.39, and penetration and stabilization below that analysis will be invalidated.
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Bearish SANDUSDT confirmed with a strong bear daily stickSince there was a big bullish rally for the recent month crypto market is in a starting of bearish trend, the first clue for bear run is given and the retest of the same is happened this bear run will be shorter than the last time. Entry point is between 6900-7000 and Take profit is at 5600-5700. This can be taken as a swing trade or day trade as ur wish.
$Sand SAND rounded bottom Formation....NYSE:SAND price action is currently forming a rounded bottom
Current price: 0.71
Sand Price is currently at a major resistance btw 0.71 - 0.8 (not broken since 2022!)
A break above this key resistances will lead to up resistances: 1.1, 1.4, 1.7, 2.0, 2.3, 2.6, 3.0, 3.4
Continuous rejection at this major resistance will make for buy the dip levels at support 0.42
#sand #2sydes
SAND ANALYSIS🚀#SAND Analysis :
🔮As we can see in the chart of #SAND that there is a formation of Descending Channel Pattern. #SAND breaks descending channel recently.....currently retesting the zone. Incase of successful retest.....we can expect 2-3x bullish wave in coming weeks📈📈
🔰Current Price: $0.6084
🎯 Target Price: $0.8588
⚡️What to do ?
👀Keep an eye on #SAND price action. We can trade according to the chart and make some profits⚡️⚡️
#SAND #Cryptocurrency #TechnicalAnalysis #DYOR
SAND Update (Very Bullish)From the place we entered on the chart "start" our big B wave has started.
This wave B has been a diametric, but now it seems that the final wave of this diametric (wave G) has been dwarfed.
By maintaining the green zone, it can enter the C wave of the big bullish degree.
Closing a weekly candle below the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
SAND/USDT upward momentum from key support? 👀 🚀 SAND 💎 Paradisers,dive into the #SANDUSDT wave, catching bullish vibes from its current stronghold.
💎 After a slight stumble at $60.16, #SAND is flirting with a transformative level at $55.83, morphing past resistance into current support.Holding steady here could catapult it into a bullish odyssey, aiming to leapfrog past barriers and into uncharted territories.
💎 The crypto cosmos is a realm of rapid shifts and twists. Facing headwinds at this critical juncture could mean it's time to pivot. On standby for a rebound from the pivotal $51.387 line, yet a slip below could spell a descent into the bearish abyss.
💎 Gear up, Paradisers! The #SAND saga is unfolding, and we're here for the rollercoaster ride. Fasten your seatbelts, keep your strategies flexible, and eyes wide open for the next thrilling chapter!
SAND/USDT riding bulls wave? 👀 🚀 SAND Today Analysis💎Paradisers, it's time to spring into action as #SANDUSDT is bracing for a potential shift. The current price action is showing impressive momentum from a solid support level, hinting at surpassing the resistance at $0.7198. With the price maintaining its momentum, we're on the lookout for confirmation. Once the resistance transforms into support, that's our green light.
💎Upward Momentum Targets: The first milestone post-breakout is targeting the resistance at $0.9912. Breaking above this level would pave the way to challenge another resistance at $1.4782. Remember, the market might set traps that can play with your trading psychology during these moves. Stay alert and wait for clear confirmation before planning your trades.
💎 Strategy for Potential Drops: Given the market's inherent volatility, we also prepare for alternative scenarios. If the price of NYSE:SAND drops below the support level of $0.4149, it signals a time to adjust our strategy. In such cases, planning for short entries becomes prudent as it reflects a diminished buyer interest and a leaning towards sell-side sentiment.
💎Navigating Market Dynamics: As savvy traders, we always entertain all possibilities, ready to pivot our strategies in response to market shifts. Keep a close eye on these developments, and remember, patience and vigilance are your best allies in navigating these waters. Your Paradise Team is here to guide you through every step of this exciting journey!
SasanSeifi 💁♂ SAND Potential Bullish Trend in the Long Term
As you can see, the SAND price has been on an uptrend since the 0.27 cents range. After breaking the long-term downtrend line and pulling back to it, it is currently trading at 0.54 cents.
In the long term, the probable scenario is as follows:
Given the current trend, the price is expected to rise to the target of 0.68 cents.
To better understand the continuation of the price movement, we need to see how the price reacts to the target range.
If the price breaks above 0.68 cents and stabilizes above it, long-term targets of 0.82 cents, 1 dollar, and a new HIGH are likely.
Maintaining the support levels of 0.47 and 0.40 cents is very important for the continuation of the bullish scenario in the long term.
The possible upward trend of SAND is shown in the above image along with the targets and resistance and support levels.
Please share your thoughts and insights in the comments below! I'd love to hear your take on the SAND chart.🙌🧐
This is not financial advice. Always do your own research before making any investment decisions.✌
Sandbox (SAND/USDT): Trend is still bullish, next Target?Hi Traders!
From our point of view #SAND still remains very interesting for Investors and Day Traders . If we look at the 6H chart, we see that there is still room for appreciation in the short and medium term. From a technical point of view, the trend is still bullish on the daily chart and the next targets are around 0.9628 area and 1.40 area. That said, if our analysis is still correct, it is possible to continue accumulating long positions on the next corrective structure (pullback) that may appear on intraday time frame. In the next update that we will publish below, we will also try to show some interesting technical levels, but to do this we also need your support, a Like and a comment will be appreciated.
INFO
The Sandbox SANDUSD is a blockchain-based virtual world allowing users to create, build, buy and sell digital assets in the form of a game. By using the Ethereum blockchain, Sandbox ensures that players have true ownership of their assets, which can include anything from virtual plots of land to in-game characters. The native utility token of the platform is SAND, which serves multiple purposes such as a medium of exchange, governance through voting, staking, and rewarding players and creators. The platform's primary goal is to introduce blockchain technology into mainstream gaming, successfully bridging the gap between the virtual world and real-world ownership.
In conclusion, this crypto still remains in our portfolios and we hope to be able to add more.
SAND LONG OPPORTUNITY | +$1 SAND SOONSAND has formed a year-long cup and handle pattern. Traditionally, this pattern is a bullish indicator of continued upward movement. The cup and handle have played out perfectly, and we are getting further confirmation by going back upwards to retest the resistance in this pattern.
If this resistance is broken, I expect a 57% increase in the price of SAND in the short term, which would put the price above $1 (~$1.085). This is potentially a great entry to a long or large spot position before a swift upward movement.
The altcoin market cap, including ETH ( CRYPTOCAP:TOTAL2 ), is already front-running the altcoin market cap, excluding ETH ( CRYPTOCAP:TOTAL3 ). This is another bullish indicator that the alt coin market may be ready for another leg up, helping out patterns play out.
I am personally adding to a spot position here, but if I were going to wait too long, I would wait for confirmation of the breakout above the resistance by 5–10%.
DYOR and bring home those gains.