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Sandusdlong

SAND/USDT Technical Analysis - Potential Bullish OpportunitySAND/USDT has exhibited a notable XABCD harmonic pattern formation, coinciding with a pivotal support level. This suggests a potential bullish reversal from point D, indicating favorable trading opportunities for discerning investors. Harmonic Pattern Analysis: The XABCD harmonic pattern observed in SAND/USDT signals a systematic price structure characterized by precise Fibonacci relationships. The completion of this pattern at point D suggests a high probability of trend reversal, presenting an optimal entry point for bullish positions. Key Support Area: The convergence of the XABCD pattern with a key support area strengthens the bullish bias, reinforcing the significance of the anticipated price movement. This confluence enhances the reliability of our analysis and underscores the importance of the identified entry level. Entry Strategy: We recommend initiating long positions near the price level of 0.5053, strategically aligning with the completion of the harmonic pattern and the established support region. This entry point offers favorable risk-reward dynamics and positions traders advantageously for potential upside movements. Risk Management: To mitigate downside risks, it is prudent to implement a stop-loss order near 0.3532. This predefined exit point safeguards capital and preserves trading discipline, ensuring minimal losses in the event of adverse price fluctuations. Profit Targets: Our profit-taking strategy encompasses two distinct targets to capitalize on the anticipated bullish momentum. The initial profit target (TP-1) is set at 0.6584, representing a conservative approach to securing gains. Subsequently, the secondary profit target (TP-2) is identified at 0.8115, offering the potential for extended profitability as the uptrend unfolds. Conclusion: In conclusion, the technical analysis of SAND/USDT reveals a compelling bullish outlook, characterized by the formation of a XABCD harmonic pattern and the confluence with a key support area. By adhering to the suggested entry, stop-loss, and profit-taking levels, traders can optimize their trading strategy and capitalize on the anticipated price appreciation. Disclaimer: This analysis is based solely on technical indicators and historical price data. It is imperative to conduct thorough risk assessments and exercise prudent risk management practices when executing trades in the financial markets.*
BINANCE:SANDUSDLong
by MZ_FX_
SANDUSD | A final correction before the pump Hi everyone, I would like to show you how SAND could evolve to my own opinion based on waves analysis. First, as we can see we probably have reached our bottom on SAND around $2.55. If you have reloaded your positions during this last correction you have made a very good decision ! However, if you haven't done so, don't worry, you will have the opportunity to place again in our wave 2 correction. Then, we are currently on the formation of our minor wave 5 which will complete wave 1 in order to start our correction phase on our wave 2. This one should approximately reach the 0.618 Fibonacci retracement before starting the big rebound. Next, if this scenario is validated we can turn to our $10 goal during our wave 3 but we must be patient. Finally, a quick update on the fundamentals of The Sandbox project. The adoption of the metaverse proposed by Sébastien Borget's team is progressing steadily. Indeed, several large companies are already starting to invest in plots like Ubisoft, Carrefour or Gucci and many others. The future of The Sandbox promises to be much brighter than we had hoped. So we remain focused and above all we remain cautious. Let's give SAND time to validate this analysis. If you agree with this scenario let me know with a like. Otherwise let me know your point of view with a comment, thank you ! (This is my own hypothesis and in no way suggests a buy or sell advice.)
BINANCE:SANDUSDLong
by MelvinGst
4
Potential Boost coming for SANDOn a higher Time Frame, SAND is moving in a symmetrical triangle and on a lower TIme Frame, it is moving in upward channel. Also it has found strong support on 1 Day 20 EMA. So there are two potential scenarios here. Scenario 1 (Black path) - SAND to move in an upward channel and break above Upper part of the symmetrical triangle Scenario 2 (Red Path) - SAND to break below current channel and then find support on 1 day EMA before continuing its journey up. If you like my analysis then do drop a LIKE and a COMMENT. Also do SHARE it with your friends. Also don't forget to smash that FOLLOW button to get daily analysis of multiple crypto currencies and sometime ASX stocks. Note - These are my personal notes and in no way a financial advice. Do your own research and Trade wisely
Long
by Manjyot
1
Update 04/04/21 The Sand Box (SAND) New ATHs $1 dollar very veryUpdate 04/04/21 The Sand Box (SAND) New ATH Target @ $0.96, 44% Gain from Buy Zone 2 at the 78.60% Fibonacci level. Previous ATH 27% away from the current price level. Key area of resistance for SAND currently around $0.79. Use Buy Zone to map out your buys into SAND or simply DCA. Happy Trading :) Update 30/03/21 The Sand Box (SAND) New ATHs $1 dollar very very soon. 58% gained from DCA Zone! See previous analysis below :) The Sand Box (SAND) Update 25/03/2021 Since reaching a new ATH @ $0.79 on 13/03/21 SAND has been consolidating after retracing down 36% from this ATH to $0.50 in just 4 days from this new ATH . It has been sitting in this beautiful range between 78.60% to 61.80% showing us signs of a weak retracement as we wait for the Bulls to come back into the market to push the price higher. Although some selling pressure has been present, a triple bottom has formed giving us confidence of a bullish sentiment at this key resistance level and we expect the price to continue to climb and the Bulls to take control as we search for a new ATH @ 127.20% Fibonacci level. Be patient, use the Buy Zones to map out your buys or DCA to accumulate. There is very high probability of setting a new ATH @ $0.96 after testing the previous high @ $ 0.79. A potential 69% Gain from the 61.80% Fibonacci level here. Happy trading :) *Update from March 15th 2021 Buy zone or use the 78.60% Fibonacci level as a buy limit @ $0.579. The Sand Box (SAND) is still looking parabolic and is still in search of new ATHs. Since the 13 EMA crossed up the 50 SMA signalling a buy signal, the price of SAND has gone up by 190% from $0.20 to $0.68 in just over 2 weeks. Since this huge move towards the upside we have still not had a big correction in price, so if you would like to buy in, use the buy zones to map out your buys. Potential 50+% gain to the 127.20 Fibonacci level. Our next price target at the 161.80% Fibs is $0.99 (70% Gain), we could see $1 SAND before the end of the month with the current momentum to the upside. Buy zone 1 @ 78.60% Fibonacci level, enter here. Key Notes: 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 platform for a thriving gaming community. *
POLONIEX:SANDUSDLong
by CryptocurrencyMagnet
3
The Sand Box (SAND) New ATHs $1 dollar very very soonThe Sand Box (SAND) Update 25/03/2021 Since reaching a new ATH @ $0.79 on 13/03/21 SAND has been consolidating after retracing down 36% from this ATH to $0.50 in just 4 days from this new ATH . It has been sitting in this beautiful range between 78.60% to 61.80% showing us signs of a weak retracement as we wait for the Bulls to come back into the market to push the price higher. Although some selling pressure has been present, a triple bottom has formed giving us confidence of a bullish sentiment at this key resistance level and we expect the price to continue to climb and the Bulls to take control as we search for a new ATH @ 127.20% Fibonacci level. Be patient, use the Buy Zones to map out your buys or DCA to accumulate. There is very high probability of setting a new ATH @ $0.96 after testing the previous high @ $ 0.79. A potential 69% Gain from the 61.80% Fibonacci level here. Happy trading :) *Update from March 15th 2021 Buy zone or use the 78.60% Fibonacci level as a buy limit @ $0.579. The Sand Box (SAND) is still looking parabolic and is still in search of new ATHs. Since the 13 EMA crossed up the 50 SMA signalling a buy signal, the price of SAND has gone up by 190% from $0.20 to $0.68 in just over 2 weeks. Since this huge move towards the upside we have still not had a big correction in price, so if you would like to buy in, use the buy zones to map out your buys. Potential 50+% gain to the 127.20 Fibonacci level. Our next price target at the 161.80% Fibs is $0.99 (70% Gain), we could see $1 SAND before the end of the month with the current momentum to the upside. Buy zone 1 @ 78.60% Fibonacci level, enter here. Key Notes: 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 platform for a thriving gaming community. *
POLONIEX:SANDUSDLong
by CryptocurrencyMagnet