THE SANDBOX - SAND/USDT - Daily - Technical analysis published on 07/26/2021 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Bullish
Technical indicators
67%
11%
22%
My opinion
Bullish above 0.590633 USDT
My targets
0.702500 USDT (+13.58%)
0.826300 USDT (+33.60%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on THE SANDBOX - SAND/USDT as long as the price remains well above 0.590633 USDT. The buyers' bullish objective is set at 0.702500 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.826300 USDT.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
6.4
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Additional analysis
Quotes
The THE SANDBOX - SAND/USDT rating is 0.618500 USDT. On the day, this instrument lost -18.10% and was traded between 0.614900 USDT and 0.765600 USDT over the period. The price is currently at +0.59% from its lowest and -19.21% from its highest.0.614900
0.765600
0.618500
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by THE SANDBOX - SAND/USDT:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Technical
A technical analysis in Daily of this THE SANDBOX - SAND/USDT chart shows a bullish trend. The signals returned by the moving averages are 78.57% bullish. This bullish trend is reinforced by the strong signals currently being given by short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:
Bullish trend reversal : Moving Average 100
Type : Bullish
Timeframe : Daily
In fact, according to the parameters integrated into the Central Analyzer system, 12 technical indicators out of 18 analysed are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : Daily
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
Previous candle closed over Bollinger bands
Type : Neutral
Timeframe : Daily
CCI indicator: bearish divergence
Type : Bearish
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is under support 1
Type : Neutral
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Horizontal resistance is broken
Type : Bullish
Timeframe : Daily
Resistance of channel is broken
Type : Bullish
Timeframe : Daily
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 0.410700 | 0.494000 | 0.590633 | 0.618500 | 0.702500 | 0.826300 |
| Change (%) | -33.60% | -20.13% | -4.51% | - | +13.58% | +33.60% |
| Change | -0.207800 | -0.124500 | -0.027867 | - | +0.084000 | +0.207800 |
| Level | Major | Intermediate | Major | - | Minor | Major |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.577133 | 0.624067 | 0.689633 | 0.736567 | 0.802133 | 0.849067 | 0.914633 |
| Camarilla | 0.724263 | 0.734575 | 0.744888 | 0.755200 | 0.765513 | 0.775825 | 0.786138 |
| Woodie | 0.586450 | 0.628725 | 0.698950 | 0.741225 | 0.811450 | 0.853725 | 0.923950 |
| Fibonacci | 0.624067 | 0.667042 | 0.693592 | 0.736567 | 0.779542 | 0.806092 | 0.849067 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.031633 | 0.166233 | 0.448267 | 0.646133 | 0.928167 | 1.126033 | 1.408067 |
| Camarilla | 0.598328 | 0.642318 | 0.686309 | 0.730300 | 0.774291 | 0.818282 | 0.862273 |
| Woodie | 0.010450 | 0.187275 | 0.490350 | 0.667175 | 0.970250 | 1.147075 | 1.450150 |
| Fibonacci | 0.166233 | 0.349555 | 0.462812 | 0.646133 | 0.829455 | 0.942712 | 1.126033 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.047033 | 0.050133 | 0.147467 | 0.244633 | 0.341967 | 0.439133 | 0.536467 |
| Camarilla | 0.191313 | 0.209142 | 0.226971 | 0.244800 | 0.262629 | 0.280458 | 0.298288 |
| Woodie | -0.046950 | 0.050175 | 0.147550 | 0.244675 | 0.342050 | 0.439175 | 0.536550 |
| Fibonacci | 0.050133 | 0.124432 | 0.170334 | 0.244633 | 0.318932 | 0.364834 | 0.439133 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 62.57 | |
| MACD (12,26,9): | 0.0884 | |
| Directional Movement: | 26.248379 | |
| AROON (14): | 28.571430 | |
| DEMA (21): | 0.623318 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.407692 | |
| Elder Ray (13): | 0.135431 | |
| Super Trend (3,10): | 0.426590 | |
| Zig ZAG (10): | 0.653800 | |
| VORTEX (21): | 1.1578 | |
| Stochastique (14,3,5): | 72.76 | |
| TEMA (21): | 0.677044 | |
| Williams %R (14): | -39.65 | |
| Chande Momentum Oscillator (20): | 0.062300 | |
| Repulse (5,40,3): | -2.7916 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 2.7725 | |
| Courbe Coppock: | 68.81 |
| MA7: | 0.592386 | |
| MA20: | 0.514885 | |
| MA50: | 0.355194 | |
| MA100: | 0.396401 | |
| MAexp7: | 0.622575 | |
| MAexp20: | 0.515689 | |
| MAexp50: | 0.425847 | |
| MAexp100: | 0.401737 | |
| Price / MA7: | +4.41% | |
| Price / MA20: | +20.12% | |
| Price / MA50: | +74.13% | |
| Price / MA100: | +56.03% | |
| Price / MAexp7: | -0.65% | |
| Price / MAexp20: | +19.94% | |
| Price / MAexp50: | +45.24% | |
| Price / MAexp100: | +53.96% |
Quotes :
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Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
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