Since Nov 16th, SAND, the cryptocurrency of the metaverse The Sandbox started a strong rally after bouncing within the attractor (blue rectangle) once a corrective sequence was completed with a perfect connection in time with the prior motive wave (you can find more details on how motive and corrective waves are connected in our blog). The trend is strongly...
Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
Hello Padawans,
First of all, do not take this as a piece of financial advice.
I'm planning to bring quick signals like this in the future.
Okay, let's get into the topic.
Sand is a developing under metaverse projects. In so shorting this in this time is highly risky.
But I see a 1D bearish divergence in the chart. But the fundamentals are bullish.
let's see...
On the day we are overextended, but its possible we could tag our ath. If if tags and comes back down again, then we could see a bearish momentum towards support. Just dollar cost average.
The Sandbox (SAND) Update 17/11/21: New ATH @ $3.63. The Sandbox (SAND) is one of our portfolio picks from early January, from our entry on the 24th January, SAND has grown 4050% ($1000 investment from January will now be worth $40,500 portfolio value). Launched in 2011 by Pixowl, The Sandbox is a blockchain-based virtual world allowing users to create, build, buy...
SAND is trading above the support zone at $2.30. As long as it stays above this support, we could start seeing a move towards $2.94, $3.34, $3.66, $3.98, $4.44, $5.02 and $6.70. Failure to hold the support at $2.30 could lead to a drop towards $1.98 and $1.50.
Hello,
Welcome to this analysis about SANDUSD, we are looking at the 2-hour timeframe perspectives. In my recent altcoin research I discovered this main formational structure forming for SANDBOX that can transform into something very very valuable when this huge formation completes and SANDBOX validates the dynamics. In this case as it is shown in my chart...
Possible short setup after a good retrace back to the upside where the move started. We then looking for a new low now, as this move is done. So we short it.
Hello,
Today shitcoin of the day was a BIG $hitcoin. Thank you Nixon for creating this environment starting 1971, this temporary shit has create as massive carnival. First in the equities markets, then in crypto. On crypto, well, it's 24/7, nonstop, across hundreds of big exchanges and tens of thousands of nodes. Billions of people have access to trade...
Has been cooling at these levels, respecting the various trendlines.
Need confluence on multiple fronts before trading long again: trendline breakout, above golden pocket, etc.
Could also just nuke on bad ETH/BTC performance.
Don't get overexposed, play this level to level. If ETH/BTC decide to correct/dump for after this run... I think a retracement to 0.5fib/$2 is entirely possible. If this makes you sick, you're overexposed.
(Using an AXS fractal from its early run)
SAND is on a parabolic run currently but I was thinking where could the bring be brought back down to if it begins to retrace. The 100 SMA and the prior all time high seems to be a possible support area.
Let's see how long the parabolic run will last!
What are your thoughts? Comment below and hit the like please. Thank you!
Disclosure: This is just my opinion...
SAND has peaked at it's long term 4.236 Fib and hit hard resistance.
Shorted once from the 3 to 2 area. Right shoulder forming on the 1 and 4 hourly.
Tight stops on anything short.
Volume is reducing, giving less ability to break out for ATH.
This could coincide with a retracement in BTC in the next 24-48 hours.
Would look at TP at 2.75, long term short would be...
