SANDUSDT trade ideas
SAND ANALYSIS (breakout trading)🔮 #SAND Analysis - Breakout 🚀🚀
💲💲 In daily timeframe, falling wedge breakout is rone✅
Ready for a breakout in #SAND but right now we can see that #SAND is trading in its crucial resistance zone and if #SAND breaks the resistance zone then we would see a bullish move 💯🚀
💸Current Price -- $0.2929
📈Target Price -- $0.4700
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
#SAND #Cryptocurrency #Breakout #DYOR
SAND Sell signalWe have bearish outlook on SAND H1 chart. Strong daily zone, H1 candle confirmed that bears are stronger. Risk reward 1:2
SANDUSDT is BullishPrice has given a good breakout and printed a higher high, the bulls seem to be in good control of the price action. If the momentum sustains and this freshly printed higher high is printed then we can expect new highs in coming weeks as per Dow theory. Targets are mentioned on the chart.
SAND ANALYSIS🔮 #SAND Analysis - Breakout 🚀🚀
💲💲 In 12hr Timeframe,Falling Wedge Breakout is Done✅
But right now we can see that #SAND is trading below its crucial resistance zone and if #SAND breaks this resistance zone then we would see a bullish move 💯🚀
💸Current Price -- $0.3365
📈Target Price -- $0.7310
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
#SAND #Cryptocurrency #Breakout #DYOR
#SAND/USDT#SAND
The price is moving in a descending channel on the 4-hour frame and we are about to break it
We have a bounce from a major support area in green at 0.3000
We have a downtrend on the RSI indicator that has been broken upwards
We have a trend to stabilize above the moving average 100 which supports the rise
Entry price 0.3300
First target 0.3516
Second target 0.3759
Third target 0.4011
#SANDUSDT: Poised for a Breakout or Set to Slide Further Down?Yello Paradisers! Is #SAND gearing up for a breakout, or are we in for more downside? The chart's current setup shows a potential move that could go either way. Let's dive into the key levels:
💎#TheSandbox is currently navigating within a falling wedge pattern, a formation typically seen as bullish. The price is heading towards the upper resistance of this channel, and we've noticed an accumulation phase on the daily (1D) timeframe, which supports a bullish outlook.
💎A breakout above the wedge's upper resistance will be promising, but remember, confirmation is crucial. You need to wait for a successful retest of the breakout level to ensure it's not a false signal.
💎There is a major support are between $0.278-$0.298. If #SANDUSDT fails to break out and continues to fall, watch for a retest of this key support zone. It's a critical area that could determine the next move.
💎Should the macro market sentiment turn bearish with significant selling pressure, #SAND might revisit its liquidity-packed area and strong medium-term support at $0.247. This zone is critical as it has historically provided substantial support.
💎If the major and medium-term support levels fail to hold, #SAND could see further declines. Keep a close eye on the overall market sentiment, especially Bitcoin's movements, as they will heavily influence #SAND's price action.
Stay focused, and remember, the key to success in these markets is a well-thought-out strategy and the patience to stick with it.
MyCryptoParadise
iFeel the success🌴
SANDUSDT: Weekly Update and Trading Triggers✨Welcome to my channel. Here, we conduct a daily analysis of crypto projects and forex pairs.
📅Let's dive into today's analysis, focusing on the crypto market and the SAND project.
📅 Weekly Timeframe Analysis
On the weekly timeframe, SAND is ranging within a broader horizontal zone. The current levels show the price struggling around significant support and resistance levels.
Support Zone: 0.2818
Resistance: 0.7864
RSI: 39.81 (Neutral to slightly bearish)
📆 Daily Timeframe Analysis
In the daily timeframe, the price action shows a more detailed structure within the weekly range.
Current Candle: Showing strength after a period of weakness
Resistance Levels: 0.4046, 0.4782
Support Levels: 0.3410, 0.2818
RSI: 47.44 (Neutral)
⏰ 4-Hour Timeframe Analysis
In the 4-hour timeframe, we see more granular details of the recent price movements.
Consolidation Range: 0.3436 - 0.2818
Bullish Scenario: Break above 0.3436 with strong volume
Bearish Scenario: Break below 0.2818
📈 Long Position Trigger
Consider entering a long position after a confirmed break and close above 0.3436 on the 4-hour timeframe.
📉 Short Position Trigger
Consider entering a short position after a break and close below 0.2818 on the 4-hour timeframe.
🔑 Key Support and Resistance Levels
Supports: 0.3410, 0.2818, 0.2433
Resistances: 0.3436, 0.4046, 0.4782, 0.7864
🌟 Weekly Settlement
Since tomorrow is the last day of the week and a settlement day, I recommend securing your profits and opening positions with less risk. Have a great weekend!
⚠️Please note that this is not financial advice. I'm simply introducing this project to you, and remember always to do your own research.
🫶 If you found this analysis helpful and want to support me, please boost this analysis. Feel free to leave a comment or suggest a coin you'd like me to analyze next.
Long SANDSAND forms a (hidden) bullish divergence and its prices are at the range's low.
I opened Long here and will take profit at the range' high.
Disclaimer:
This analysis is based on my personnal views and is not a financial advice. Risk is under your control.
SAND SAND not mitigated this orderblock (3) and moved higher. This order block is support zone. SAND mitigated this minor order block (a) and moved higher.
Order block (b) is next support zone. Order block (1) is next resistance zone. If this resistance zone was fail, SAND moving up.
SANDUSDT 1WSAND ~ 1W
#SAND Double Bottom-up will be formed here. all you need to pay attention to is that BITSTAMP:BTCUSD is not decreasing again. then this pattern will be a continuous increase.
Long Idea on SANDok, I need to describe the damn thing, I came in, I just believe in the high season now (I will duplicate the description in coins that I will take)
SAND Looks INTERESTING!Even though SAND has failed the Point of control, this may end up being a good thing in the end because we can now look lower for a better entry. We are starting to bounce off the daily level below, I would not like to enter a long here unless we start to reclaim the POC (Yellow Line). The best entry will be the sweep of the liquidity below and reclaim of the Value Area Low.
Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade.
Every day the charts provide new information. You have to adjust or get REKT.
Love it or hate it, hit that thumbs up and share your thoughts below!
This is not financial advice. This is for educational purposes only.
SANDUSDT.1DIn my analysis of the SAND/USDT daily chart, I have observed several key technical aspects which suggest potential future price movements for SAND.
Trend Analysis: The chart shows a significant downward trend line from early in the year, indicating bearish sentiment over the past months. However, recent price action has consolidated around the $0.3957 support level (S1), which could signify a slowing down of the downward momentum.
Support and Resistance Levels: The current price is slightly above the S1 level at $0.3957, which has acted as a pivot point for price movements. If the price holds above this support, it may attempt to push towards the first resistance level (R1) at $0.5081. A break above R1 could see further upward movement towards the second resistance (R2) at $0.5725.
Indicators: The Relative Strength Index (RSI) is below 50, which typically indicates bearish momentum but it’s near the midline suggesting a potential for reversal if it crosses above 50. Meanwhile, the Moving Average Convergence Divergence (MACD) shows the histogram bars rising towards the zero line, which might suggest decreasing bearish momentum and a possible bullish crossover in the near future.
Trading Strategy: Considering the proximity to the support level and potential reversal indicators, this could be seen as a buying opportunity for those looking to capitalize on a rebound to the R1 and potentially R2 levels. However, setting a stop-loss just below the support level at $0.3957 is crucial to mitigate risk in case of a continuation of the bearish trend.
Risk Management: Ensuring proper risk management is essential, especially given the volatility and the potential for further lows. A stop-loss order not too far below the support level would help protect investments while allowing room for the usual price movement.
Conclusion: The current market setup for SAND suggests a possible entry point for a bullish position with predefined targets at R1 and R2, backed by supportive indicators like RSI and MACD. The critical factor will be the price's ability to maintain above the $0.3957 support level. If it holds, we could see an upward movement; if not, the bearish trend may continue, pressing the price to test lower support levels.
SAND PriceThe price action implies that, the token traded in a narrow range and might reflect a range breakout soon.
SAND's Potential Breakout: Will It Hold Above Key Levels?🔍The market is currently showing some promising signs, but we need to wait for confirmation before taking any action.
📆Coin of the Day: SAND (The Sandbox)
About the Project
The Sandbox is a virtual world where players can build, own, and monetize their gaming experiences using SAND, the main utility token of the platform.
🧩Technical Analysis
4-Hour Timeframe
This analysis focuses on futures trading and explores potential market scenarios.
📊Curve Line: The current price action is forming an upward curve, but this curve is not yet reliable. We need to see a confirmation with a price move above 0.469 to consider it a dependable support line.
📈Bullish Scenario: If the price breaks above 0.469, the next targets would be 0.5057 and potentially 0.5100. A confirmed move above these levels could indicate a strong bullish trend. Watch for the RSI to break above 66.06 to confirm the entry of bullish momentum.
📉Bearish Scenario: If the price fails to break above 0.469 and starts to decline, it might test lower support levels at 0.4492 and 0.4300. A significant bearish move could lead the price down to 0.4057. Volume analysis suggests caution, as the volume is not strong enough to support a sustainable bullish trend yet.
📊Volume Analysis
The volume is currently volatile and not showing a clear trend. This volatility in volume is a negative point for a strong upward trend, indicating that traders should be cautious and wait for clear signals before entering any positions.
👨💻Trading Positions
Long Position
Entry Trigger: Break above 0.469
Strategy: Open a position on the break of 0.469 and wait for confirmation from the price action to set the target. Consider taking profits or adjusting stop-loss orders based on market conditions.
Short Position
Entry Trigger: Failure to break above 0.469 and a decline below 0.4492
Strategy: Open a position if the price fails to break above 0.469 and starts to decline, targeting lower support levels such as 0.4300 and 0.4057.
📝SAND is currently forming an upward curve but requires confirmation above 0.469 to be considered reliable. Traders should watch for breaks of critical levels to open positions. Volume analysis suggests caution due to its volatility. Long positions should be considered above 0.469, while short positions can be approached if the price fails to break above this level and declines below 0.4492. Always keep an eye on the RSI for confirmation of momentum in either direction.
🧠💼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.
🫶If you enjoyed this analysis and want to support me, please boost this analysis. Feel free to leave a comment or suggest a coin you'd like me to analyze next.
SANDUSDT Reversing From Its Major Support Zone!The price of SANDUSDT is reversing from its major support zone. It appears to be forming an inverse head and shoulders pattern. We can expect a 50-100% move in the next few months.
Regards
Hexa
SANDUSDT Good Buy!SANDUSDT Technical analysis update
The price of SAND has formed a triangle pattern on the 4-hour chart.
On the daily time frame, the price is reversing from its major support.
you can buy it on the spot and hold it
Regards
Hexa
SANDUSDT 1DKeep an eye on #SAND. It is trying to break out the resistance. In case of a solid breakout, the targets are:
$0.5384
$0.5935
$0.6485
$0.7268
$0.8266
SANDUSD 1WSAND ~ 1W
#SAND The H&S pattern is formed from this.
Make purchases in stages with a target of at least 20%+ from here.
$SANUSDT POSSIBLE BREAKOUTKUCOIN:SANDUSDT
0.40 zone needs to hold as support and a possible breakout would provide interesting targets as marked. 0.40 could Fake Out so it's important to watch for these signals - and price tells you everything - just be patient. When you have a confirmation now you can pull the trigger on your planned move.
When planning moves we must consider the possibility of failure and you must manage risk and remember that CRYPTOCAP:BTC rules the show. Currently, CRYPTOCAP:BTC is sitting in a Bull Flag but price is in the pattern until it isn't so in the event of a pullback, we would look for a discounted entry on $SANDUSDT.
If you liked this idea or if you have your own opinion about it, write in the comments.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations.
Next move!Salaam
We are below local resistance on the daily basis after the sell-off on the 13th of April.
Also, there is a triangle pattern broken to the downside, we could consider some rise as a pullback.
If the triangle works, expect 20-30% down on some altcoins.
By the way, as triangle patterns are subjective, local resistance is mostly important.
close daily candle above the resistance will discard this scenario.
I'm bullish now, even going for the downside move and waiting for the move to refill my bags.
and saw many broken patterns on the macro view on many coins. so, I'm not telling you to go for a sale.
good luck
SANDUSD 1W: Sculpting a Head and Shoulders PatternSANDUSD is shaping up a potential head and shoulders pattern. If confirmed, this could signal a buying opportunity before a possible reversal. Keep an eye on key levels for a strategic entry point.
