SANDUSDT is inside a descending channel below the weekly resistance. IF the price is going to have a breakout, According to Plancton's strategy (check our Academy), we can set a nice order
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
YOUR LIKE OR COMMENT IS MY FUEL FOR NEXT ANALYSIS :) IF U HAVE ANY QUESTION REACH ME HERE
This is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info how to study and read charts or just need help with some coin, just write to me here a comment, i will try to answer to everybody... i can...
The SAND chart really follows the Gann Box patterns. Probably in the next few hours it will go into an uptrend due to the effect of EIP1559.
The red arrows only indicate a downtrend in the respective direction. Its size (how long the red arrow is) means nothing.
Fibonacci retracement is represented by the dotted lines and they serve as both support and resistance.
SAND broke out of this 16-day long falling wedge. Trying to catch this small pullback right there.
Entry: buy 0.79 -- 0.765 (or as long as it holds)
TP5: 1.171 (~53%)
note: this really feels like bottoming but SL is close, if I get stopped out I will look for...
Sand can perform well in the long run. Currently in the retrace mode after giving breakout
from the cup and handle formation.
Holding strong support in Daily TF
can expect a bounce from
here to complete its long-term targets.
-SAND has fallen nearly -20% over the last week
-Price has formed a symmetrical triangle
-45 MA is acting as resistance
The Sandbox (SAND) has exploded in popularity & users over the last year thanks to the ongoing NFT boom. Virtual artwork, game figures, documents, & much more has grown in great amounts over the last year as more and more people show their...
I think that $SAND is potentially a good investment in case $BTC remains bullish scenario before huge correction.
- 1D RSI shows hidden bullish divergence
- We retraced about 40% from ATH price and I suppose at least one bounce back to those levels is possible, but I don't think that we'll make new ATH
- The price strongly stays in the middle of the pitchfork...
Here's a quick look at SAND 1 hr chart. As we can see, the price has printed a symmetrical triangle and is very close to breaking to the upside! Keep an eye on this! We could see a breakout very soon!
The best entry would be, when the price breaks above the symmetrical triangle with good amount of volume .
The idea is:...
As you all know, SAND is not performing well from last 3 weeks and according to the Chart patterns, Ascending Channel is formed, Breakout formation and also indicators giving bullish signal.
Short term Trade, DYOR Before taking trade, as i'm not responsible for your loss.
Happy Trading :)
If you like my idea, please...
Hows you Axie bags?
lets talk about THE SANDBOX, Launched in 2011 by Pixowl, The Sandbox is a blockchain-based virtual world allowing users to create, build, buy and sell digital assets in the form of a game. By combining the powers of decentralized autonomous organizations (DAO) and non-fungible tokens (NFTs), the Sandbox creates a decentralized...