THE SANDBOX - SAND/USDT - Daily - Technical analysis published on 03/29/2022 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Neutral
Technical indicators
94%
0%
6%
My opinion
Bullish above 3.33 USDT
My targets
4.50 USDT (+26.13%)
4.80 USDT (+34.45%)
My analysis
The current short-term bullish acceleration on THE SANDBOX - SAND/USDT should quickly allow the basic trend to return to bullish. To avoid contradicting the short term, traders may prefer long positions (at the time of purchase) as long as the price remains well above 3.33 USDT. Short-term buyers will use the resistance located at 4.50 USDT as an objective. A bullish break in this resistance would boost the bullish momentum. The next bullish objective would then be set at 4.80 USDT. Crossing this resistance would then open the door for buyers to target 5.97 USDT. Caution, if there is a return to under 3.33 USDT, it should not be forgotten that the basic trend is not yet clearly defined. Beware of against the trend sellers, many of whom will certainly benefit from this movement.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
4.6
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Additional analysis
Quotes
The THE SANDBOX - SAND/USDT rating is 3.57 USDT. On the day, this instrument gained +3.18% and was between 3.46 USDT and 3.59 USDT. This implies that the price is at +3.18% from its lowest and at -0.56% from its highest.3.46
3.59
3.57
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of THE SANDBOX - SAND/USDT in Daily shows a neutral overall trend. The strong bullish signals currently being given by short-term moving averages could allow the overall trend to return to bullish. There is no crossing of moving average by the price or crossing of moving averages between themselves.
Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
The analysis of the price chart with Central Patterns scanners does not return any result.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:
Bullish harami
Type : Bullish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.14 | 0.81 | 3.00 | 3.57 | 4.80 | 5.97 | 6.72 |
| Change (%) | -96.08% | -77.31% | -15.97% | - | +34.45% | +67.23% | +88.24% |
| Change | -3.43 | -2.76 | -0.57 | - | +1.23 | +2.40 | +3.15 |
| Level | Minor | Major | Major | - | Intermediate | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.13 | 3.29 | 3.37 | 3.53 | 3.61 | 3.77 | 3.85 |
| Camarilla | 3.39 | 3.42 | 3.44 | 3.46 | 3.48 | 3.50 | 3.53 |
| Woodie | 3.10 | 3.27 | 3.34 | 3.51 | 3.58 | 3.75 | 3.82 |
| Fibonacci | 3.29 | 3.38 | 3.44 | 3.53 | 3.62 | 3.68 | 3.77 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.48 | 2.74 | 3.07 | 3.33 | 3.66 | 3.92 | 4.25 |
| Camarilla | 3.24 | 3.29 | 3.35 | 3.40 | 3.45 | 3.51 | 3.56 |
| Woodie | 2.52 | 2.76 | 3.11 | 3.35 | 3.70 | 3.94 | 4.29 |
| Fibonacci | 2.74 | 2.97 | 3.11 | 3.33 | 3.56 | 3.70 | 3.92 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.04 | 1.34 | 2.27 | 3.57 | 4.50 | 5.80 | 6.73 |
| Camarilla | 2.60 | 2.80 | 3.01 | 3.21 | 3.41 | 3.62 | 3.82 |
| Woodie | -0.14 | 1.25 | 2.10 | 3.48 | 4.33 | 5.71 | 6.56 |
| Fibonacci | 1.34 | 2.19 | 2.72 | 3.57 | 4.42 | 4.95 | 5.80 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 60.37 | |
| MACD (12,26,9): | 0.0800 | |
| Directional Movement: | 17.84 | |
| AROON (14): | 92.86 | |
| DEMA (21): | 3.33 | |
| Parabolic SAR (0,02-0,02-0,2): | 3.09 | |
| Elder Ray (13): | 0.20 | |
| Super Trend (3,10): | 2.92 | |
| Zig ZAG (10): | 3.58 | |
| VORTEX (21): | 1.1700 | |
| Stochastique (14,3,5): | 88.52 | |
| TEMA (21): | 3.53 | |
| Williams %R (14): | -10.86 | |
| Chande Momentum Oscillator (20): | 0.37 | |
| Repulse (5,40,3): | 4.1700 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0400 | |
| Courbe Coppock: | 38.79 |
| MA7: | 3.45 | |
| MA20: | 3.15 | |
| MA50: | 3.35 | |
| MA100: | 4.03 | |
| MAexp7: | 3.43 | |
| MAexp20: | 3.27 | |
| MAexp50: | 3.39 | |
| MAexp100: | 3.57 | |
| Price / MA7: | +3.48% | |
| Price / MA20: | +13.33% | |
| Price / MA50: | +6.57% | |
| Price / MA100: | -11.41% | |
| Price / MAexp7: | +4.08% | |
| Price / MAexp20: | +9.17% | |
| Price / MAexp50: | +5.31% | |
| Price / MAexp100: | -0% |
Quotes :
-
Real time data
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Cryptocompare
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