Sandusdt
SAND/USDT reviewAs in the majority of tickers on market, price after consolidation has updated local maximum and started to make corrective downward movement.
There is a possibility of the soon ending of the fall and continuation growth cycle. Otherwise, is is possible that corrective structure drags on.
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From an Elliott Wave stand point I would be looking for at least a sweep of the low. My main focus is on these levels that seem to be reactive atm.
I will be keeping an eye on these levels for plays.
Cheers!
SANDUSDWatching the daily chart on SANDUSD I can see that it broke out of a bullish pennant and the 1.618 level of fib.
Currently the price is retracing from the big green break out candle. It's possible that price comes back below the 1.618 fib or lower to retest the previous resistance.
2.618 of fib or $1.035 is the next major resistance level to look at. If that breaks it can reach the flagpole target of $1.24.
If it crashes. We can see price go back to $0.63-$0.53 levels.
Waiting to see if this bullish pennant plays out.
$SANDUSDT: Sandbox has a buy signal and Korean bidInteresting setup, this pair had huge volumes at Korean exchanges lately, and a clear accumulation pattern, signal triggered just now, so if above the horizontal level highlighted by the white box, it has upside to the targets shown by the boxes (both time and price).
Best of luck!
Cheers,
Ivan Labrie.
Formation of the next bullish waveBuying pressure on SANDBOX increased again after going through a corrective trend, and buyer support led to the formation of the next bullish wave. The target that we considered in the previous analysis is seen, and the main target is in the range of $1.02. Of course, due to the high strength of yesterday's bullish candle, which is closed at the ceiling, there is also a possibility of breaking this resistance. Its strongest resistance is considered in the range of 1.42 to 1.49 dollars.
The Sandbox #SANDWhat Is The Sandbox (SAND)?
Launched in 2011 by Pixowl, 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.
SAND Coin (Sandbox) : "Buy the dip" with a nice TargetHi everyone!
Sand's main trend is still bearish, but we do not rule out some interesting corrective moves in the near term. If our analysis is correct, it might be interesting to accumulate on corrective swing and let Long positions run up to 0.6765 area.
If this idea will be supported by your "Likes" we will continue to follow the crypto with updates below.
thanks for your attention and please... trade with care! 💖
We can expect a stronger positive reactionSAND's price, which had a negative reaction in the resistance range of $0.805, pulled back to its support in the range of $0.657 to $0.750. If this area has a positive reaction, SAND can grow to the targets of the $1 range this week or next. The strength of the bullish wave is enough to change the trend in the daily time frame. But a bottom pivot and the formation of a corrective wave are needed, which with more probability, we can expect a stronger positive reaction in the second support range, i.e., the price of $0.584 to $0.641. So, if the support area of $0.67 is broken, the decline can continue to the level of $0.584, and in this area, we can expect the formation of reversal patterns.
Theta coin formed a bullish Gartley | A good buy opportunityHi dear friends, hope you are well and welcome to the new trade setup of The Sandbox (SAND).
Previously I shared a long-term trade setup for SAND, which is still in play as below:
Now on a 4-hry time frame, SAND with BTC pair has formed a bullish Gartley pattern for another pump soon.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade