$SAND/USDT 2h (#BinanceFutures) Ascending triangle on support
Updated
The Sandbox is pulling back to descending TL / 200MA which is about to golden cross with 50MA!
Current Price= 1.3503
Buy Entry = 1.3472 - 1.2470
Take Profit= 1.6099 | 1.8454 | 2.1595
Stop Loss= 1.0354
Risk/Reward= 1:1.2 | 1:2.1 | 1:3.3
Expected Profit= +24.12% | +42.27% | +66.49%
Possible Loss= -20.18%
Fib. Retracement= 0.559 | 0.702 | 0.883
Margin Leverage= 1x
Estimated Gain-time= 10 days
Tags: #SAND #SANDUSDT #NFT #Metaverse #P2E #Gaming #Creation #Launchpad #DeFi #SolEco
Website: sandbox.game/
Contracts:
#ERC20 0x3845badAde8e6dFF049820680d1F14bD3903a5d0
#SPL 49c7WuCZkQgc3M4qH8WuEUNXfgwupZf1xqWkDQ7gjRGt
Current Price= 1.3503
Buy Entry = 1.3472 - 1.2470
Take Profit= 1.6099 | 1.8454 | 2.1595
Stop Loss= 1.0354
Risk/Reward= 1:1.2 | 1:2.1 | 1:3.3
Expected Profit= +24.12% | +42.27% | +66.49%
Possible Loss= -20.18%
Fib. Retracement= 0.559 | 0.702 | 0.883
Margin Leverage= 1x
Estimated Gain-time= 10 days
Tags: #SAND #SANDUSDT #NFT #Metaverse #P2E #Gaming #Creation #Launchpad #DeFi #SolEco
Website: sandbox.game/
Contracts:
#ERC20 0x3845badAde8e6dFF049820680d1F14bD3903a5d0
#SPL 49c7WuCZkQgc3M4qH8WuEUNXfgwupZf1xqWkDQ7gjRGt
Trade active
All entries filledTheSandbox dipped and bounced back nicely so far, let's hope that was it!
Note
Up to +17.54% (1x)The Sandbox respected the demand zone accurately and regained 100EMA (4h), seems likely to break-out of the triangle!
Trade closed: stop reached
SL hit with -20.18% (1x) and -1R🛑TheSandbox lost 50MA support leading to downtrend continuation in the end.
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