THE SANDBOX - SAND/USDT - Daily - Technical analysis published on 04/03/2022 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Slightly bearish
Technical indicators
56%
17%
28%
My opinion
Bullish above 3.00 USDT
My targets
3.94 USDT (+11.93%)
4.80 USDT (+36.36%)
My analysis
The current short-term bullish trend is expected to quickly reset the neutral or bullish trend. To avoid contradicting the short term, it would be possible to favour long positions (at the time of purchase) for THE SANDBOX - SAND/USDT as long as the price remains well above 3.00 USDT. The buyers' bullish objective is set at 3.94 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 4.80 USDT. If there is any crossing, the next objective would be the resistance located at 6.72 USDT. As the basic trend is not clearly displayed, attention should be paid to the price reaction to the resistance at 3.94 USDT. On this resistance, against the trend traders who would like to go short on THE SANDBOX - SAND/USDT with a bearish signal from their trading strategy, should not hesitate to act.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
2
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Additional analysis
Quotes
THE SANDBOX - SAND/USDT rating 3.52 USDT. On the day, this instrument gained +2.03% and was traded between 3.38 USDT and 3.54 USDT over the period. The price is currently at +4.14% from its lowest and -0.56% from its highest.3.38
3.54
3.52
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
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:
Technical
A technical analysis in Daily of this THE SANDBOX - SAND/USDT chart shows a slightly bearish trend. 53.57% of the signals given by moving averages are bearish. Caution: the strong bullish signals currently being given by short-term moving averages could quickly lead to a reversal of the trend. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, according to the parameters integrated into the Central Analyzer system, 10 technical indicators out of 18 analysed are currently bullish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Parabolic SAR indicator bearish reversal
Type : Bearish
Timeframe : Daily
Williams %R indicator is back over -50
Type : Bullish
Timeframe : Daily
The analysis of the price chart with Central Patterns scanners does not return any result.
The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:
Bullish harami
Type : Bullish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.81 | 2.29 | 3.00 | 3.52 | 3.58 | 4.80 | 6.72 |
| Change (%) | -76.99% | -34.94% | -14.77% | - | +1.70% | +36.36% | +90.91% |
| Change | -2.71 | -1.23 | -0.52 | - | +0.06 | +1.28 | +3.20 |
| Level | Major | Minor | Major | - | Intermediate | Intermediate | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.11 | 3.27 | 3.36 | 3.52 | 3.61 | 3.77 | 3.86 |
| Camarilla | 3.38 | 3.40 | 3.43 | 3.45 | 3.47 | 3.50 | 3.52 |
| Woodie | 3.08 | 3.25 | 3.33 | 3.50 | 3.58 | 3.75 | 3.83 |
| Fibonacci | 3.27 | 3.37 | 3.43 | 3.52 | 3.62 | 3.68 | 3.77 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.58 | 2.92 | 3.18 | 3.52 | 3.78 | 4.12 | 4.38 |
| Camarilla | 3.29 | 3.34 | 3.40 | 3.45 | 3.51 | 3.56 | 3.62 |
| Woodie | 2.55 | 2.90 | 3.15 | 3.50 | 3.75 | 4.10 | 4.35 |
| Fibonacci | 2.92 | 3.15 | 3.29 | 3.52 | 3.75 | 3.89 | 4.12 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.56 | 2.11 | 2.75 | 3.30 | 3.94 | 4.49 | 5.13 |
| Camarilla | 3.06 | 3.17 | 3.28 | 3.39 | 3.50 | 3.61 | 3.72 |
| Woodie | 1.61 | 2.13 | 2.80 | 3.32 | 3.99 | 4.51 | 5.18 |
| Fibonacci | 2.11 | 2.57 | 2.85 | 3.30 | 3.76 | 4.04 | 4.49 |
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): | 56.53 | |
| MACD (12,26,9): | 0.0900 | |
| Directional Movement: | 15.35 | |
| AROON (14): | 71.43 | |
| DEMA (21): | 3.44 | |
| Parabolic SAR (0,02-0,02-0,2): | 3.84 | |
| Elder Ray (13): | 0.06 | |
| Super Trend (3,10): | 2.92 | |
| Zig ZAG (10): | 3.49 | |
| VORTEX (21): | 1.1400 | |
| Stochastique (14,3,5): | 56.63 | |
| TEMA (21): | 3.58 | |
| Williams %R (14): | -43.41 | |
| Chande Momentum Oscillator (20): | 0.36 | |
| Repulse (5,40,3): | -2.1200 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.3100 | |
| Courbe Coppock: | 24.10 |
| MA7: | 3.47 | |
| MA20: | 3.32 | |
| MA50: | 3.25 | |
| MA100: | 3.93 | |
| MAexp7: | 3.46 | |
| MAexp20: | 3.35 | |
| MAexp50: | 3.41 | |
| MAexp100: | 3.56 | |
| Price / MA7: | +1.44% | |
| Price / MA20: | +6.02% | |
| Price / MA50: | +8.31% | |
| Price / MA100: | -10.43% | |
| Price / MAexp7: | +1.73% | |
| Price / MAexp20: | +5.07% | |
| Price / MAexp50: | +3.23% | |
| Price / MAexp100: | -1.12% |
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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