Hi dear friends, hope you are well and welcome to the new trade setup of The Sandbox (SAND).
Previously I shared a long-term trade setup for SAND, which is still in play as below:
Now on a 2-hr time frame, SAND is about to complete a bullish BAT move for the bullish reversal move.
Note: Above idea is for educational purpose only. It is advised to diversify...
SAND Sandbox trading volume in the last 24H is 42.82% lower.
Looking at the chart, i would say SAND is in a consolidation area in which will move from support to resistance.
Looking forward to read your opinion about it.
Told you that SANDBOX will outperform MANA and AXS and it is now happening:
Price has broken over reisistance and is storming to the next target prices. Metaverse is coming fast.
SANDBOX is our Top of the List selection for the 'Metaverse/Game'' category.
Unlike our general disappointment with the Decentraland (MANA) experience which is 'Up but not Running...
Super heavy rejection at 1069. Now would be a good time to re-open staggered long entries as this Head-and-Shoulders pattern forms.
Obviously, a rejection as we enter the right shoulder would lead to a test of the .50 Fib but this coin has shown legs over the past few days.
SAND / BTC
Clear inverse H&S
Good Bullish pattern
Price become above 50 EMA Daily
Volume start to increase
if this pattern successed the potential gain is huge
Bulls need to push price strong to reach momentum
This is not financial advice
Make a plan before any trade and use stoploss
we are ready for moon mission market cap is around 30 million
breakout above will send price really high and faster in short time.
breakout above 265 sats is what i need
waiting for volume breakout
