Sand rejected at key resistanceSame pattern as many other altcoins.
After an 84% surge $Sand rejected at long-term resistance around $1.34.
There is not enough strength to break this level.
Yes, a fake out is possible, but the only way for now leads to Hades.
First support at $0.936 but it will break.
The next stronger one located around $62.
SANDUSD.P trade ideas
SANDUSD ❕ the price came out of the descending channelSAND has broken through the upward descending channel.
The price is above liquidity.
Trading volumes have fallen as the decline continues.
TD Sequential has formed a reversal signal down (30m TF)
During the rise in price, a gap was formed (4H TF)
BB indicator shows that it is overbought (1H TF)
Price is above the major MAs (1H TF)
50MA broke up 200MA (30m TF)
I think price could retest the support level, but after it fixes above it will continue to bounce.
mmmmm SandLooks like Sand is on a pivot point... holding on last Septembers support levels.... if it drops I expect a rebound hard at .2usd for next support.....
at that point a nice big impulse D will get painted at the next bump..... lets see... Please comment any suggestions on my point of view, YOU GUYS ROCK
Sandbox Crypto WorldwideSun Storm Investment Trading Desk & NexGen Wealth Management Service Present's: SSITD & NexGen Portfolio of the Week Series
Focus: Worldwide
By Sun Storm Investment Research & NexGen Wealth Management Service
A Profit & Solutions Strategy & Research
Trading | Investment | Stocks | ETF | Mutual Funds | Crypto | Bonds | Options | Dividend | Futures |
USA | Canada | UK | Germany | France | Italy | Rest of Europe | Mexico | India
Disclaimer: Sun Storm Investment and NexGen are not registered financial advisors, so please do your own research before trading & investing anything. This is information is for only research purposes not for actual trading & investing decision.
#debadipb #profitsolutions
SANDBOX/USD TRADE SETUP.Hello traders, here's a trade setup to SAND in 4 hours TF. SAND is trending under a triangle that looks like an ascending triangle. Currently, the price got rejected from the upper trendline ($1.5) and possibly it will drop towards the $1.3 support range.
Perfect entry: $1.3 to $1.36
Stop Loss: $1.23
Target: $1.5+
The strategy will be to accumulate the bottom, sell 50% at the resistance and if SAND breaks out the resistance then re-enter at the retest ($1.5 to $1.54). If SAND gets rejected from the resistance ($1.5) then wait for the re-entry between $1.3 to $1.36)
This chart will get invalid if it breaks down below the $1.23 level.
Trade safely.
The Sand Box Crypto Worldwide Sun Storm Investment Trading Desk & NexGen Wealth Management Service Present's: SSITD & NexGen Portfolio of the Week Series
Focus: Worldwide
By Sun Storm Investment Research & NexGen Wealth Management Service
A Profit & Solutions Strategy & Research
Trading | Investment | Stocks | ETF | Mutual Funds | Crypto | Bonds | Options | Dividend | Futures |
USA | Canada | UK | Germany | France | Italy | Rest of Europe | Mexico | India
Disclaimer: Sun Storm Investment and NexGen are not registered financial advisors, so please do your own research before trading & investing anything. This is information is for only research purposes not for actual trading & investing decision.
#debadipb #profitsolutions
SANDUSD ❕ expanding channelPrice has reached the upper boundary of the liquidity zone and is moving within an expanding channel.
SAND is testing the 100MA on the 30m Timeframe.
50MA has broken up 200MA on the 30m Timeframe.
I expect that price may rise after fixing above the upper boundary of the liquidity zone.
SANDUSD Buy Above Downtrend LineThis chart shows periods of sharp growth followed by a down period
So far the pattern has repeated twice
A third up move is up coming next if the pattern repeats again
This will most likely occur once price breaks the orange downtrend line
Price once upward break out will most likely reclaim the weak yellow uptrend
Weekly Chart
#Sandbox #SAND and the $2.70 mark - Doctor, how bad is it?Sandbox (SAND) and the $2.70 mark - Doctor, how bad is it?
SAND lost the important volume mark and might now fall with huge speed since we miss volume below this mark until the $1 level.
All bulls must hope for a fakeout followed by re-entering above $2.70.
What do you think?
Drop me a nice comment if you'd like me to analyze any other cryptocurrency.
*not financial advice
do your own research before investing