Sandusdt
SAND - Daily Chart ✅Let's see how SAND is behaving.
This is a 1H chart. (Valid for 24 hours)
The Fib retracement shows that the price is getting rejected by the local resistance area.
The market is showing SELL/NEUTRAL volumes for SAND.
Two resistance levels push down on value, and two support levels hold the price high and show strength. The higher band can work as resistance.
The middle Bollinger Band can push down the value, and the lower band pushes the price up.
If the price crosses the local resistance and stays above it for confirmation, we can open our long positions, aim for the next resistance, and use it as a TP point.
The RSI shows that SAND is below the 50 levels, the center.
If you want to know how the RSI indicator works, take a look at this Educational Idea. It'll help you have better readings:
Current Market Price: $5.48926
Let me know your ideas.
Good luck.
SAND: Good investment for year 2022Hello Trading Viewers,
Last year 2021, there were a series of commitments made by corporations and artists with the Sandbox metaverse.
Well-known artist, Snoop Dogg, purchased a virtual land and built a mansion in it.
Hong-Kong based Real Estate company purchased a virtual land in Sandbox Metaverse.
Last month Adidas Original purchased virtual land for branding or marketing or to sell NFTs inside Metaverse.
Sandbox metaverse is enriched with games, buy/sell NFTs, live concerts etc.; therefore, we are to see a rise in demand for SAND tokens with an increase in active users.
Plotting Fibonacci Retracements on the charts, it shows that prices have cooled off near retracement levels of 50% and 61.8% therefore when the demand for SAND tokens increases the price can surpass and reach above $10 and for long-term it can rise above $20.
Good Luck!
SAND HAVE POTENTIAL TO GO 10$Hello every one
SAND/USDT
SAND is forming a Bullish Pattern which is a Ascending Triangle Uptrend Pattern Even Breakout Parallel Channel,The Pattern Hasn't Formed completely Yet, But It will Complete Eventually and That's When We Need a Break out For SAND. We can Expect a Bullish Movement from there, We can expect SAND to be at 9$ soon Which is a new all time high for It.
UPDATE: SAND UP 1644% after bull signal - What Next?Please Like or Follow if you enjoyed this content.
UPDATE: The price went sideways for a while before the big pump in Jan. Making a whopping 1644+% after the bullish "Supertrend Ninja" signal in Jan 2021. That's a life changing trade for many people.The second signal went 201%. While the fourth gave another 976%. It also predicted two big drops (in purple) of -73% and -25%.
Currently the price seems to be in a range. Which is visible in the RSI as well. Another drop here before making a bull run, or continue moving sideways in this range wouldn't surprise me as well. Generally the "Supertrend Ninja" gives around 2-8 bullish signals a year. Take profit levels are shown in blue using Fibs.
Supports and Resistances are highlighted as grey blocks. Profits can be taken at each grey block. Supports and resistances are automatically drawn using the indicator "Yo Show Me Some Support - and Resistances". Pun intended.
Thank you for reading.
Namasté 🙏
What Indicators Do I Use:
In the chart I am using my "Supertrend Ninja indicator", which is a trend-following indicator (Green and red vertical line with arrows).
When the background of the candlestick closes green (vertical line) with an upwards pointing pink arrow. It indicates a possible bullish (up)trend.
With each trade proper risk management is essential. Either by using my script "Trailing Stoploss Bottom Activation indicator", visible as grey dots below the candles. Which sends an alert, when current price goes below the previous candle low. Or using my "Heikin Ashi Trailing Stoploss Activation", the indicator below with green and red blocks. Or third option, exit when the Supertrend Ninja indicator displays a vertical red line with a downwards pointing black arrow. Remember, the first stop(loss) is always the cheapest stop.
Disclaimer: Ideas are for entertainment purposes only. Not financial advice. Your own due diligence is highly advised before entering trades. Past performance is no guarantee of future returns.
Twitter
SANDUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the daily time frame. You see our R1 line which was previously our support line. The price has now broken and stabilized below the line. You can set the Short order here or you can also wait for the price to make its pullback and then set the order there. If the R1 line is broken then the direction would be changed.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
SandBox and Good Pisition . up to 51% Profit.As you can see in the chart, the cup pattern is being completed and the profit potential is achievable according to the chart.
51% profit from the current price and 25% profit after the completion of the cup pattern will not be far from the mind.
like always :
- Do not forget capital management.
- Do not forget to manage risk to the reward.
Matic on it's important support* Matic forms a Descending triangle pattern, making a important support zone around $2.42 and above descending trendline as resistance.
* Descending triangle pattern is considered to be either trend continuation or trend reversal pattern, depending on the pattern breakout.
* If price breaks the above trendline we can expect a bullish move till $2.9
* Price below the support zone is Bearish
SAND on The Way to 9$ (New ATH)Hello every one
SAND/USDT
SAND is forming a Bullish Pattern which is a Cup & Handle Pattern! The Pattern Hasn't Formed completely Yet, But It will Complete Eventually and That's When We Need a Break out For SAND. IF it Happens, we Can Expect a Bullish Movement as Much as The Measured Price movement To happen (AB=CD). If our Predictions Come True, We can Expect SAND to Be at 9$ soon Which is a New ATH for It.
💎Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Thank you for seeing idea .
Have a nice day and Good luck
SAND calm chartSAND in recent days does not show much activity on the chart, the situation is stabilized, but the further situation will depend on the behavior of BTC, we are in a dynamic period for cryptocurrencies