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SAND

The last bastion of supportHello, dear TradingView members. SAND has hit a support range at $1.13 to $1.185 over the past week as it continues its downward trend. Due to the strong selling pressure, the support strength was not enough to hold the price, and after breaking this support, we saw a further drop to the $1 range. In the past few days, the price trend of the sandbox has ranged, and the previous day, the $1 support of the sandbox was also broken due to negative news that had a negative impact on the entire market. The price has now hit support in the $0.94 range, and if this range holds, another bearish trend is expected for the currency. But if the selling pressure increases, by breaking this support, the price can continue the downward trend to the previous floor in the range of 0.69 to 0.76 dollars. In the weekly time frame, the main support is the floor of its last rising wave, and if it is broken, the $0.61-$0.65 range will be its last support level for the medium term. Good luck!
by MonoCoinSignal
15
SAND - Trade setupHey Guys, Update on Market No one knows what's going to happen. Trading is all about being able to read between the numbers, it's an art which empowers us to be able to make decision upon understanding the market. This world works on patterns, everything you come across will have a pattern, they say world is full of randomness, yes it is until we actually figure it out, the one who make good decisions are the one's who observe first. Try to understand what's going on in the market and take action accordingly. Today Trade Setup Falling wedge pattern, Sand had been trading in this pattern from past 5 days, In technical study of the market falling wedge concludes only one thing - "The trend is weak" therefore it's been moving with the decreasing volume or relatively low volume which results in trend reversal soon. Now we are at that phase where upward breakout is likely in favour, until and unless any external factor effects the market sentiment. So this is my trade setup for SAND against USDT, once i got breakout confirmation I'll dive into the market. Plan your trade accordingly. Disclaimer : Make note that anything provided here is not a financial advice, trade accordingly.
Long
by Livermore_Jr
1
SANDBOX- Updated ChartMy updated SANDBOX Chart shows support at 1,31 Most likely i forsee a rise to 1.36 or even 1.43 targets. Major News: Sandbox voxel game and game engine Minetest 5.6.0 is out now Version 5.6.0 brings with it: More work on their rendering engine Dynamic shadows Fixed Transparency Sorting Better mod support Improved login/register UI Improvements to the Scripting API Minetest has been gaining some traction lately too, with more people taking notice like popular YouTuber AntVenom who did a video highlighting it that's worth a look One Love, The FXPROFESSOR
Long
by FX_Professor
11
SANDBOX - Market Feels Like Sand at this stage againGreek song for everyone: 'It's bad to build palaces on (with) sand' Lyrics: Everything that starts nice ends in pain Broken hearts know that well It is bad to build palaces in the sand The tide will make it pieces We start life with a thousand dreams They are broken by pain and jealousy It is bad to build palaces in the sand The tide will make it pieces We both bitterly cry our misfortune The lost love, our gone first joy It is bad to build palaces in the sand The tide will make it pieces Technical Analysis: Support lost and now resistance at 1.30$ Unlike yesterday the price seems unable to fight it's way back up. A test of 1.17 support should be in place. In the meantime the markets could turn Red again on raised geopolitical concerns as well as fears about the global economic slowdown. Take it easy today, we are choosing some extra shorts positions this week. One Love, the FXPROFESSOR
Short
by FX_Professor
7