Sandusdt
SANDUSDT Potential Reversal Waiting for a Reversal in SAND/USDT chart. Here is why,
There are both fundamental and technical reasons.
Fundamental reasons,
12.4% of tokens were unlocked on 14 FebruaryFrom my point of view, this is the main reason. normally Anyone can tell there can be a 10-13% price devaluation at that time. But I'm hoping there can be more than price drop. 🔎 (Token Unlock - Google it )
* Another thing is that I have difficulty identifying the bitcoin movement. That’s why I marked two accumulating periods.
Technical reasons.
We can see two resistance areas on the chart. The chart has failed to break these levels only a few times.Keep an eye on these resistance areas .If there is more than >300M volume. The resistance can break easily. Personally, I would not enter into any trades at that time. Because my whole structure was wrong.
In cases where there was low volume and a high RSI value + a down tread. I consider entering a short position. Thanks . #NFA #DYOR
Buyers' support allowed the price to continue movingSAND continued its strong uptrend over the past week, and buyers' support allowed the price to continue moving without a pullback after breaking through the $0.56-$0.59 resistance range. This 102% growth, which started from the floor area of $0.38, stopped at $0.75. A weekly resistance was considered in the $0.65-$0.74 area, which was broken in the past due to heavy selling pressure.
In the past few days, the price hitting this range has been accompanied by reactions, and in the 4-hour timeframe, we see the formation of a complete range area. More likely, the price can break the bottom of the range channel and enter a deeper corrective wave. The supports that can again create signs of positive reaction, and are considered the range of demand, are at the prices of $0.6423 and the range of $0.5600. But if the current resistance is broken, the next target for buyers after the pullback will be in the range of $1.0742 resistance.
SAND CANGO UPPER AGAINHi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the SAND symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
SANDUSDT Analysis (potential Inverse H&S)Hello friends.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you!
Everything on the chart.
Entry: market and lower(i bought by 0.63 and place buy limit order at 0.52)
Target: 0.9 - 1.2 and ~1.4
after first target reached move ur stop to breakeven
Stop: (depending of ur risk). ALWAYS follow ur RM .
Risk/Reward:
risk is justified
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
Sand Next Buy Area in dailyas you can see sand is in a downtrend channel and it can go more.
actually, we are in the demand zone now but I think we will touch lower support its better to wait more.
best buy zones are mentioned in the chart and my preferred option is buying in lower support. I am sure it can support perfect from our demand zones,
around 0.60 is good for the midterm, but the perfect buy zone will be around 0.36 - 0.40 if the price reaches here
I will share the best opportunity when it happens
always i am trying to make the chart so simple for you. hope to be useful
SAND continued its price growth last weekSAND continued its price growth last week. The support of the buyers caused the breaking of an important resistance in the range of $0.47-0.48. The increase in the price of the sandbox continued to the resistance range of 0.56 to 0.59 dollars. The bullish wave was corrected by hitting this resistance. The first hit of the $0.50 support area has given a positive reaction. But this quick return has increased the possibility of the price entering the range trend. Therefore, we expect to see a short-term range trend between the current resistance and support of this currency. Another support is considered in the range of $0.47-0.48, which, if the first high does not react positively and is broken, the price decline can continue to this level. According to the upward trend line, we can expect a stronger reaction from this range.
The Sandbox SANDUSDT price has a chance to form "Inverted H & S"It is very likely that the SAND token price of the once quite popular The Sandbox project is now close to the low of this protracted downtrend.
Looking at the global chart of SANDUSDT, it is safe to say that the price range of $0.38 - $0.45 is a tasty zone for placing buy orders with a grid. Of course, if you believe in this project and see future prospects in it and in the gaming crypto world in general.
The first target for the possible growth of the SANDUSD price is $1-1.20 (x3-x4 growth)
In the longer term, if and when the crypto market comes to life, we can think about the SAND price in the range of $2.50-3.50.
It is in this liquidity zone that the target of the probable "Inverted Head and Shoulders" pattern falls.
More precisely, the final growth target can be calculated when the formation of this pattern is finally confirmed.
Then we will update the idea of SANDUSDT with more specific targets for the final growth.
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SANDUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for SANDUSDT
Here we have R1 as the resistance area and it expresses the price was not able to rise at different points. R2 used to be a support area. S2 used to be a resistance line. And at the bottom of the chart, S1 is our support line that includes the well support of price. At the present, we have the price fluctuating below R1 and we expect it to have a rise and touch this area. Then by providing some confirmation candles to rise, an increase would be there for it to reach higher amounts such as R2. But if the price loses the support, it will fall down to S1 and more decline is waiting. The point is to wait for some confirmation candles in order to make sure what will happen next and act precisely.
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
✳️ The Sandbox vs Bitcoin | Prepare For Bull MarketOk, this is the last one for this session... I wanted to show you the difference between BTC and USDT pairs.
Might look like something irrelevant but this information can be useful for life... Trading/chart reading life.
The RSI hit is lowest level ever entering the oversold territory on the 3D timeframe.
The marked date on the chart represents the low/potential bottom.
The bottom is a process and is only confirmed after the trend changes and prices move up.
For now the low is just that, a low and we can call it bottom once the bullish trend is confirmed.
SANDBTC just hit bottom 😜, what follows is growth.
We can see a huge correction from the ATH, a massive -84.71% and there we go again... The correction is smaller on the altcoins vs bitcoin (ALTSBTC) pairs.
With that said, let's focus on the targets next.
87% potential short-term... Up to 250% mid-term.
Enjoy your weekend.
Sending you love and positive vibes.
Enjoy the full moon.
Namaste.
✴️ The Sandbox Also Hits Bottom | Prepare For Bull MarketThe Sandbox (SANDUSDT) hit its All-Time High back in November 2021.
From this high so far we've seen pure red and a total of -95.58%... Isn't that enough?
Well I did mention that altcoins vs tether (ALTSUSDT) pairs tend to correct 93, 95 and to up 98%... But the 98% happen for the unknown altcoins.
Big projects such as this one tend to stop at around what we see now!
The BTC pair, which we will look at next, will have less than 90% as mentioned in the MANABTC trade idea.
The TD Sequential is giving us a signal... Lovely I know.
The perfect negative 8 and 9, shows up when a trend is about to reach its end.
Can you see the magic green arrow?
That's what we can expect in the weeks and months to come.
But what about the FED, Covid, FTX and all the rest?
They will continue living.
The press will continue printing negative headlines.
When it is very late in the cycle, they will start to change their tune.
We are a bit ahead because we are reading charts.
They are reading what other people have to say.
Do not worry about such things as headlines and news from commentators... The charts have all the information you need and we use them to trade.
- If SANDBTC goes below 0.3750, we close whatever buy at a loss. ❌
- If SANDBTC stays above this level, we wait for prices to move up. ✅
- As SANDBTC moves up, we sell and collect profits, that's all. 🏆
If it goes down, it is a loss.
If it goes up, we won.
Low limited/calculated risk (17%) with high potential for rewards (380-620%+).
Disclaimer: This is not financial advice. For this to be financial advice you have to pay me and I would have to be a financial advisor. Unless you pay me for advising you financially, I cannot be providing you with financial advice.
I am just reading the chart and sharing what I see, together with my opinion and experience and I hope you enjoy it! 😅😄
Namaste.
MANA (Decentraland) and Metaverse's rallyHello guys!
MANA has made a 15% pump and passed the key level.
That price range can work as a good support level. After confirming that price range, the price can make another pump and pass the resistance level.
Metaverse news can affect these coins; keep yourself updated.
Let me know what you think. I would love to hear your ideas.
Good luck!
SAND and Metaverse coins pumpedHello guys!
SAND and a few other Metaverse coins pumped and reached resistance levels.
As you can see on the chart, the price has passed the local resistance, which is now our critical price level.
Confirming above this level could be a good turning point for assets like this.
Let me know what you think. I would love to hear your ideas.
Good luck!
SAND recorded good growth during the last weekSAND recorded good growth during the last week, from $0.35 to $0.39. The support that took place on this monthly range has caused the price to exit the downward channel in the 4-hour time frame. Four ascending candles, all of which closed above the previous candle, can be a sign of buying pressure to maintain support and a possible trend change in the future. Of course, this is because the SAND currency weekly candle forms a bullish pattern. Otherwise, we will reduce the price again. In the weekly timeframe, bearish candles are very powerful, and the current support level in the minimum conditions should be able to create a positive swing in the weekly timeframe.
In the 4-hour time frame, a definite sign of a trend change can be seen with the last strong upward movement. The price has hit an important resistance in the range of $0.47-0.48, and due to the high angle of the collision, there is a possibility of breaking this resistance and hitting the resistance of $0.49-0.50. We expect a stronger negative reaction from the second resistance. But due to the possibility of negative divergence in 4 hours and below this resistance, if a negative reaction is observed, the price can enter a corrective wave. So, the support we can consider for it is in the range of $0.44 to $0.43, which can cause the price to bounce back in the coming days.
SANDUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for SANDUSDT
We see R2 and R1 as our resistance areas that both contain the disability of the price in order to rise. And S1 is a support line which shows the well support of price at different areas. At the moment, the price is fluctuating below R1 and we believe it will rise up to this line and then by providing us two scenarios, we would have a rising or a falling trend. If the price gives us some rising signs, its increase toward R2 is expected. Or the price may fall below R1 and face more decline. We recommend you to receive every piece of information via our analyses for enjoying more profitable trades.
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
"SANDUSDT: Rising Wedge, Another Short Opportunity on Altcoins?"Hello Fellow Stock Global Trader/Investor! Here's Technical Outlook on SANDUSDT
Chart Perspective
SANDUSDT has retested the multiple rejection area and formed a rising wedge. The breakout of the rising wedge pattern indicated a possible bearish bias ahead. The MACD Indicator made a death cross signifying a possible downside movement shortly.
All other explanations are presented on the chart.
The roadmap will be invalid after reaching the target/resistance area.
"Disclaimer: The outlook is only for educational purposes, not a recommendation to put a long or short position on the SANDUSDT"