A large falling wedge pattern on this pair and the daily chart for SAND. Falling wedges love to break out bullishly. Horizontal line shows a potential support once price breaks above it. Bullish.
Traders, Admittedly, I am making this trade partially because I am a little bored with this price action in the crypto space lately. But, SAND is oversold and it has been for a few weeks. I expect a pop anytime now. Additionally, you can see we are still in a bullish descending triangle. Now, in a bull market, this would be highly bullish to exit. However, I...
Sorry for the clickbait title but I am feeling the vibe on this one. I know, I know. Targeted by the SEC as a security. But, on the other hand, one of the tokens legalized by the Hong Kong market. Outside of debates regarding fundamentals, let's dive into what the technicals seem to be showing us! First, take a look at the beautiful triangle! Dang son, it don't...
In my opinion, the correction will continue until the green box. I will check inside the green box to buy. At that time, the movement momentum and the market situation will be considered.
💎 SAND is currently charting its course within a defined triangle pattern, characterized by clear support and resistance demarcations. Here's a breakdown: 💎 Defined Boundaries: The triangle showcases consistent interactions at its support and resistance boundaries, emphasizing their role in shaping SAND's trajectory. 💎 Anticipated Breakout: As SAND approaches...
SAND Token Unlock Alert: Analyzing Price Prospects The Sandbox (SAND), a blockchain gaming platform, is on the brink of a significant unlock event. On August 14th, approximately 372 million SAND tokens, accounting for 18.1% of the total supply, are set to be released for trading. This has ignited discussions about potential price implications. Unlock...
💎#SANDUSDT has recently showcased a double bottom pattern on the daily chart, coinciding with the price reaching the lower boundary of the declining channel. This alignment with support triggered a decisive bounce, reflecting strong demand. 💎Following this upward movement, #SAND entered a consolidation phase, remaining under the influence of the long-term...
Let's start with the news: ''Lookonchain revealed that 127 million SAND was transferred from wallets belonging to The Sandbox. Token Unlocks noted that 332.55 million SAND will be unlocked in the next 10 days. A drop below the minor support level at $0.3970 could see SAND drop to $0.3746. '' Now TECHNICAL ANALYSIS: TP beats news almost every time in crypto and...
SAND is weak. No reason at all to look bullish at this token. The bearish triangle on the chart is taking shape very well. Some more red days and we could break out of the bearish triangle. Please wait for the break out to confirm with the price closing below 0.325 on the daily chart. My target is the 2021 lows, which could be the bear market lows, we'll see by then.
💎 t's currently trading in a demand zone, setting the stage for a potential bullish move. We've also noticed a descending channel pattern that's on the verge of a breakout. 💎 Previously, we saw the demand zone turn into a supply zone, causing a significant downward price movement. The market has since grabbed buying liquidity and mitigated the previous...
The price bounced from weekly support WS1 and head towards 4h resistance 4HR1. From there it was rejected and pulled back. It seems logical that the price will visit the daily support again before attempting the 4h resistance 4HR1 again. Anyways, a long is favorable from daily support if the price reaches there. Overall all the relevant supports and resistances...
Seems Like Has Already bottomed Out & Breaking Descending Channel incase Of Successful breakout expecting Move towards 2$ For Buying Opportunities Lower Tf Breakouts
I expect a bounce from the current price to two mentioned targets. SAND has been recently added to allowed trading crypto in Hong Kong which pumped the price. Afterwards, it was target by SEC and labelled as a security and price dumped. I am following this token for years now. It is a mid-risky token; therefore, you can take the huge plunge from $0.61 to $0.33 by...
If you haven`t sold SAND here: or bought it back here: Then the recent developments in the cryptocurrency market, particularly the favorable court ruling for Ripple Labs, signal an optimistic start to a new altcoin season. With the federal judge ruling that some of Ripple's sales of the XRP token do not fully meet the definition of a securities offering, it...
It seems that the areas ahead can be very attractive for price reversal. For me, scenario 1 is more attractive. Because there is a good overlap with the bearish trend line However, do not enter the transaction without confirmation
If you haven`t sold SAND here: Then in my opinion, based on the analysis of SAND's chart patterns, I can see the potential bullish signals suggested by the double bottom and falling wedge patterns. These patterns often indicate a reversal or continuation of the current trend, which makes me optimistic about the stock's future performance. Considering the support...
#SANDUSDT is bullish on daily timeframe. It holds support and downside trendline liquidity is very juicy on upside. So it may go up to eat upside liquidity. 2 dollar is easy for #SAND.
#SANDUSDT Profit Analysis Update: NYSE:SAND is currently trading at $0.39, which represents a 37% decrease from our previous analysis. If you followed our suggestion to short, we hope you earned significant profits. However, even if you didn't short, you still saved your money as it's now down by 37% from that level. The impact of the SEC lawsuit has caused a...