![]() You should be aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any doubts. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The high degree of leverage can work against you as well as for you. Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. Please read our privacy policy and legal disclaimer. The use of this website constitutes acceptance of our user agreement. Note: All information on this page is subject to change. Sandbox price could then slide further to discover support at the 38.2% Fibonacci retracement level at $5.60, then at the 50 twelve-hour SMA at $5.45, then at the 100 twelve-hour SMA at $5.27. However, investors should note that if SAND falls below the aforementioned foothold, the bullish outlook would be invalidated. An additional line of defense may emerge at the December 30 low at $5.55. If a spike in sell orders occurs, Sandbox price will slide toward the nearest support at the 21 twelve-hour Simple Moving Average (SMA) at $5.97. The 127.2% Fibonacci extension level would then act as a headwind for SAND at $9.11 before the aforementioned optimistic target could be reached. Sandbox price must also tackle the November 29 high at $7.93, then the November 25 high at $8.51 next. SAND will face an additional hurdle at the 78.6% Fibonacci retracement level, coinciding with the resistance line given by the Momentum Reversal Indicator (MRI) at $7.20. If Sandbox price manages to slice above the upper boundary of the prevailing chart pattern, the 38% climb could be on the radar. The toughest obstacle for SAND to overcome is the neckline of the governing technical pattern at $6.96. ![]() Sandbox price will face immediate resistance at the 50% retracement level at $6.07, then at the 61.8% Fibonacci retracement level at $6.53. Sandbox price is forming a cup-and-handle chart pattern on the 12-hour chart, projecting a 38% ascent toward $9.60 from the neckline at $6.96. As long as the token manages to stay above the December 30 low at $5.55, the optimistic target could still be in the offing. Sandbox price is forming a bullish chart pattern that could send SAND surging 38% toward $9.60. A slice above $6.96 could unlock significant gains for SAND.If the bullish chart pattern is robust, a 38% surge could be on the radar.Sandbox price is preparing for a major rally to set a new record high.
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