Hi Traders
SANDUSD (4H Timeframe)
A high probability, entry signal to go LONG will be given with the upward break of 0.708 after the market found support at 0.665. Only the downward break of 0.665 would cancel the bullish scenario.
Trade details
Entry: 0.708
Stop loss: 0.665
Take profit 1: 0.773
Take profit 2: 0.839
Score: 8
Strategy: Bullish wave LTF
Quarter point 0.40 to 1.0 !
Weekly high broken by bullish candle and now is back to it to confirm the supply now turn into demand zone which means buy ironically at the major quarter point 0.6
How we could see after BIG pump, correction is here. Price could not pass resistance and price falled.
SAND needs good news and money for pump like every coin today.
GOOD scenario
- price will fall during march and then pump to all time high during next months
BAD scenario
- price will fall during march and then dump to 0,20usd during next months
Relatively safe entry at this level. The upside potential gain is 70%, if you plan to stay in the trade for 1 - 2 months can be extremely rewarding. Good luck.
We had a good advance zone and saw an appreciation of 23%. Currently it is in the distribution zone, on the breakdown we can see a possible bearish trend.
Watching 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...
A reversal idea for SANDUSD
Showing an inverted H&S pattern with each arm of the H&S pattern being above the channel
I expect this pattern to act as a reversal pattern and push price up further towards the dashed green line
This dashed line is the first place of resistance
It is expected that the rise to the specified areas will be a corrective rise, not an impulse, including the drainage of another strong last downward process
Hi Traders
SANDUSD (4H Timeframe)
A high probability, entry signal to go LONG will be given with the upward break of 0.725 after the market found support at 0.667. Only the downward break of 0.667 would cancel the bullish scenario.
Trade details
Entry: 0.725
Stop loss: 0.667
Take profit 1: 0.818
Take profit 2: 0.911
Score: 9
Strategy: Bullish wave LTF
Sand
It was behind a downward trend for months , But now it has managed to break .
The last time we exited this currency with the beautiful identification of the channel ceiling and the number 8.36 .
If we manage to break 0.71 , we can set the next target at 0.96
I will be waiting for 25 and 20 cents to buy SAND if it couldn.t cross the the 200 EMA. If it did I will be entering after some retracement from the leg that broke the EMA maybe (61 or deeper retracement). Let me know what you think.
$SAND - THE SANDBOX
On a Weekly Chart
LONG POSITION -MOMENTUM STRATEGY - SWING
12.11.22
1221H +8 SINGAPORE
Disclaimer:
The findings of the following analysis are the sole opinions of the publisher of this idea and should not be taken as a piece of investment advice.
My Published Ideas are not 100% Accurate. Many given factors at a given time can change the...
View on Crypto SAND SANDUSDT (5 Sept 2022)
SAND is in the range bound play recently and we are some value in the long term perspective.
For the near term, I'd say it shall retest the recent resistant of 1.35~1.40 region.
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" "Comment".
Thank You!
Legal Risk...
Hi,
I'm looking for sand move towards weekly gap.
I'm still waiting for market structure to get broken on Daily. When you're looking for weekly objectives always wait for daily structures to break.
GOOD opportunity!
Hi,
sand usdt following market cycle cheat sheet by wall street.
what i'm seeing here we are going through ANGER phase.
END IS ALMOST NEAR.
STAY ACTIVE
