Since there was a big bullish rally for the recent month crypto market is in a starting of bearish trend, the first clue for bear run is given and the retest of the same is happened this bear run will be shorter than the last time. Entry point is between 6900-7000 and Take profit is at 5600-5700. This can be taken as a swing trade or day trade as ur wish.
NYSE:SAND price action is currently forming a rounded bottom
Current price: 0.71
Sand Price is currently at a major resistance btw 0.71 - 0.8 (not broken since 2022!)
A break above this key resistances will lead to up resistances: 1.1, 1.4, 1.7, 2.0, 2.3, 2.6, 3.0, 3.4
Continuous rejection at this major resistance will make for buy the dip levels at support...
SANDUSDT has achieved a significant milestone by reaching the $8.45 level, which currently stands as its all-time high (ATH). This follow with a substantial correction, with the price plummeting to $0.2763. Our analysis suggests that this price point may serve as the provisional bottom for the current market cycle.
In addition to our findings, we have been...
Partially gained a position in #SAND with a target of $4. (+~500%)
I am waiting for the "Head and Shoulders" pattern to work out after which the price should break the global downtrend.
Trading Setup:
There is a Trading Signal to Buy in SANDUSDT SAND (4h)
Traders can open their Buy Trades NOW
⬆️Buy now or Buy on 0.6092
⭕️SL @ 0.5333
🔵TP1 @ 0.8144 ( Inverted H&S Pattern Target )
🔵TP2 @ 1.0000
🔵TP3 @ 1.2886
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku ,...
So the daily support line hold.
We made a higher low on 1h timeframe.
Now I am looking to come back to the golden pocket to go further up.
Let’s see what happens.
I am initiating purchases of SAND in this region. From a technical analysis standpoint, prices currently hover just above a robust support level, indicating significant potential for upward momentum in the coming weeks.
Key technical indicators include:
Consolidation above the Fibonacci level 0.5.
The Tenken Sen has recently crossed above the Kijun Sen,...
🚀#SAND Analysis :
🔮As we can see in the chart of #SAND that there is a formation of Descending Channel Pattern. #SAND breaks descending channel recently.....currently retesting the zone. Incase of successful retest.....we can expect 2-3x bullish wave in coming weeks📈📈
🔰Current Price: $0.6084
🎯 Target Price: $0.8588
⚡️What to do ?
👀Keep an eye on #SAND...
As seen on the chart, SAND has been trading inside a well-defined bullish channel pattern for almost 6 months at this point.
This signal is based on the idea that SAND will continue to trade within the channel and will bounce from the bottom support.
Stop just below 0.50$, target at 1$ to create a very decent trade with high RR.
has a inverted head & shoulders in the works
That has some nice targets
SEcond cycle
so it in most likelihood it falls short of the previous high as is customary for altcoins
but the previous cycle's action is enough to attract speculative capital into these type of coins
to ride a memory pump
there you go.
SANDUSDT has formed double bottom with bullish divergence which could be a reversal point for sandusdt if the recent lower higher gets broken then it will be confirmed put buy stop order above the recent high.
SAND ~ 1W 📈
#SAND Pay attention to this resistance line, you can start making purchases after this resistance line is successfully broken. With a minimum target of 20%+.
Attention, active buying after this resistance is successfully broken
Our token of interest is ready for a big move
We would start buying from the 0.6266 price level with a stop at 0.1180 level our targets spans through the range of 15RR
