THE SANDBOX - SAND/USDT

- USDT (-)

- Real time data - Cryptocompare

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Type:	Cryptocurrencies
Ticker:	SANDUSDT
ISIN:

THE SANDBOX - SAND/USDT - Daily - Technical analysis published on 04/16/2022 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

28%

39%

33%

My opinion

Bearish under 3.30 USDT

My targets

2.72 USDT (-4.56%)

2.11 USDT (-25.96%)

My analysis

The bearish trend is currently very strong for THE SANDBOX - SAND/USDT. As long as the price remains below the resistance at 3.30 USDT, you could try to take advantage of the bearish rally. The first bearish objective is located at 2.72 USDT. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 2.11 USDT as an objective. Crossing it would then enable sellers to target 0.81 USDT. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.

Force

6.1

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by finacian. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The THE SANDBOX - SAND/USDT price is 2.85 USDT. On the day, this instrument gained +1.79% with the lowest point at 2.80 USDT and the highest point at 2.91 USDT. The deviation from the price is +1.79% for the low point and -2.06% for the high point.

2.80

2.91

2.85

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by THE SANDBOX - SAND/USDT:

Technical

Technical analysis of THE SANDBOX - SAND/USDT in Daily shows a overall strongly bearish trend. 89.29% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, of the 18 technical indicators analysed by Central Analyzer, 5 are bullish, 6 are neutral and 7 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.14	0.81	2.72	2.85	3.55	4.80	6.72
Change (%)	-95.09%	-71.58%	-4.56%	-	+24.56%	+68.42%	+135.79%
Change	-2.71	-2.04	-0.13	-	+0.70	+1.95	+3.87
Level	Minor	Major	Major	-	Minor	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	2.67	2.71	2.75	2.79	2.83	2.87	2.91
Camarilla	2.78	2.79	2.79	2.80	2.81	2.82	2.82
Woodie	2.68	2.71	2.76	2.79	2.84	2.87	2.92
Fibonacci	2.71	2.74	2.76	2.79	2.82	2.84	2.87

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.98	2.43	2.71	3.16	3.44	3.89	4.17
Camarilla	2.80	2.87	2.93	3.00	3.07	3.13	3.20
Woodie	1.91	2.39	2.64	3.12	3.37	3.85	4.10
Fibonacci	2.43	2.71	2.88	3.16	3.44	3.61	3.89

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 is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	42.51
MACD (12,26,9):	-0.1300
Directional Movement:	-3.98
AROON (14):	-64.29
DEMA (21):	2.87
Parabolic SAR (0,02-0,02-0,2):	3.17
Elder Ray (13):	-0.10
Super Trend (3,10):	3.39
Zig ZAG (10):	2.85
VORTEX (21):	0.8900
Stochastique (14,3,5):	16.00
TEMA (21):	2.79
Williams %R (14):	-78.91
Chande Momentum Oscillator (20):	-0.62
Repulse (5,40,3):	0.0300
ROCnROLL:	2
TRIX (15,9):	-0.3400
Courbe Coppock:	36.85

MA7:	2.80
MA20:	3.14
MA50:	3.10
MA100:	3.55
MAexp7:	2.85
MAexp20:	3.02
MAexp50:	3.21
MAexp100:	3.41
Price / MA7:	+1.79%
Price / MA20:	-9.24%
Price / MA50:	-8.06%
Price / MA100:	-19.72%
Price / MAexp7:	-0%
Price / MAexp20:	-5.63%
Price / MAexp50:	-11.21%
Price / MAexp100:	-16.42%

Quotes : - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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