SANDBOX - The Storm Could Still not be overOur updated Sandbox chart: resistance 1t 1.68 and 1.54 are a concern and in case of a third storm (watch the video coming up and you will understand) we should be prepared for a further drop.
We find this chart off balance and with the next support level very far away at 35 cents.
The 1$ mark will also play the role of support (in case we are going even South-er).
So..let's be careful
One Love,
the FXPROFESSOR
PS. SANDBOX IS AVERY PROMISING PROJECT, YES, THAT DOES NOT CHANGE. bUT TECHNICALLY WE PREFER TO BUY OVER RESISTANCE (1.68$) OR MUCH LOWER
Sandusdt
SANDUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for SANDUSDT
After experiencing severe declines, now the price is fluctuating over this long-term support line and we expect it to be fixed. Therefore, the price will have no more fall and even it start its movement toward the first resistance line.
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
SANDBOX - Our Level WorkedYesterday's dip offered opportunities for Buying. Out of our 2 attempts Luna went bad (thankfully it did rise 6% before dropping back below) and Sandbox went really well:
Our outlook is not great at the time as we see Bitcoin trapped and most likely sideways for a while:
Regardless, Sandbox idea went textbook perfect. Let's hope it continues to rise.. we have secured some profit just in case.
One Love,
the FXPROFESSOR
SANDUSDT DOWNTREND CONTINUATION OR REVERSAL ?
Hello Traders,
Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it!
- Checking our 1D time chart frame we can see that SAND is in bearish mode that began in November 2021, price action has responded to a descending trendline and tumbled 75.4% from the All-Time High of $8.44. The traders are
actively selling at this upper trendline, restricting any significant bull run.
-On the other hand, the buyers had defended the $2.6 support since last quarter, preventing any excessive loss. Thus, the price action got sandwiched between the descending trendline and stiff support, yet buyers failed to hold this
important support level and the price went down to psychological support 2$ , moreover on April 30th the sellers managed a daily candle closing below the $2 support, suggesting another leg down. However, this breakdown was not
that significant, and the price jumped above $2 soon after. The $2 support is an important support level ( demand zone ) as well acting as an psychological support .
- I suggest 2 scenarios :
- Bullish scenario : Buyers will try to push the price again to S/R $2.6 , breaking this level will give us a sign that buyers trying to take control and will push the price higher in order to break the descending trendline which it will be our
trigger for bullish reversal uptrend
- Bearish Scenario : In attempt for a pullback , buyers are facing a stiff S/R $2.6 and 20 EMA acting as dynamic resistance to this price which will cause the price to dip again to level support $2 then price would accumulate for a certain
time or even price can continue its downward move to level support $1.11 .
Until now SAND is still trading in bearish mode until a new confirmation from buyers , will be watching 1D candle close above this level support $2 to take an idea where the next move would take in
Good Luck Traders!
BTC Forming a Double Bottom, Target will be 57500.On Daily Time Frame Bitcoin is forming a Double Bottom and I am Going Long on it. My Target will be at least 57500. DYOR before taking the trade. Thanks
📊SAND: is huge PUMP coming? Half-year downtrend come to an end!🎯Sandbox (SAND) is one of the top game-fi projectsand has been in a downtrend for 161 days. The price has fallen from the highs by 78%. Traders with margin positions were liquidated on the last DUMP - this is shown by Volumes.
🔶 On the chart I have marked such important zones:
support zone - $1.99-$2.20
huge value zone - $2.47-3.35
value zone - $3.97-$4.33
I mark these zones with horizontal volumes. If you don't know how to use them, let me know in comments! I`ll make a education idea for you!
The price rebounded from the $1.99-2.20 support zone and broke the trend line. But a local pullback is possible.
Globally , it is important to look at the price reaction when the global trend line is tested. If the price starts pushing under it, it is very possible for SAND to reach the zone of $3.96-4.33.
After such a long downtrend, many traders and investors closed their positions at a loss or break-even and do not want to buy, although if Bitcoin continues its uptrend, the price may renew its ATH.
Friends, press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
X100 Potential In The Next Cycle!Epik Prime is an epic coin.
With more than 300 video gaming clients, Epik is the leading global NFT licensing technology company putting brands into video games to produce premium digital items and experiences for over one billion gamers worldwide with the largest digital ecosystem with hundreds of the world’s most popular entertainment brands.
Epik is widely considered to be the blockchain industry leader producing collaborations for premium licensed digital collectables, NFTs and exclusive experiences powered by an interoperable proprietary cross-chain technology.
Epik was the first and only NFT company to do any deals with AAA gaming companies for NFTs. Clients include ViacomCBS, Warner Music, Garena, Tencent and Universal.
Also Epik Prime is the part of Animoca Brand portfolio which consist many projects that had insane rallies in the previous cycle such as,
Sandbox
Axie Infinity
Flow
And now Apecoin!
Animoca Brands has insane connections.
Couple months ago they got funded by George Soros and their valuation rised to 5b USD!
This company will be one of the leading crypto portfolio companies in the future and Epik has a wide range of use.
FOr example they are branding NFTs in Sandbox and Axie Infinity for huge companies.
Epik have a huge upside potential for the next cycle!
Right now 4 cent seems to be bottom and a pretty good buy zone for Epik!
SANDUSDTHI guys
I'm here with a new analyze of The Sandbox coin
Is forming a compound correction and the place of it is Wave 4
The first section of corrective phase is a Zigzag and the second one is a Flat
Flat has 3 waves(a,b and c) that are shown in red in the box named Flat on chart
The wave C of Flat has made of 5 elliot waves that 3 of it has formed and we will have wave 4 and 5
At the end of the wave 5 we can open a long order
we can find the end of the correction(the wave 4) with pitchfork or fibonachi clusters
SAND DESCENDING TRIANGLE PATTERNSand is looking bullish…. But for now, I want the market to make one last pullback to eat already entered buyers SL’s and then what can happen is that SAND can take support from its demand zone and can continue to go on to break the descending triangle pattern upwards…
I am thinking of entering around 2.40 - 2.45 level….
1st Target → 2.55
If it keeps on going, then I'll think of trailing my stop loss and continue the ride…
Hope you like it and plz press the follow button to support my ideas (:
(((((NOT A FINANCIAL ADVICE)))
BINANCE:SANDUSDT