THE SANDBOX - SAND/USDT
THE SANDBOX - SAND/USDT
- USDT (-)
- Real time data - Cryptocompare
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Cryptocurrencies
Ticker: SANDUSDT
ISIN:

THE SANDBOX - SAND/USDT - Daily - Technical analysis published on 04/27/2022 (GMT)

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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
17%
61%
22%
My opinion
Bearish under 2.72 USDT
My targets
2.11 USDT (-16.60%)
1.56 USDT (-38.34%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on THE SANDBOX - SAND/USDT as long as the price remains well below 2.72 USDT. The sellers' bearish objective is set at 2.11 USDT. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 1.56 USDT. In case of crossing, the next objective would be the support located at 0.81 USDT. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.

Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
Force
0
10
7.5

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:
15 min. 1H Weekly

Additional analysis

Quotes

THE SANDBOX - SAND/USDT rating 2.53 USDT. The price has increased by +2.02% since the last closing and was traded between 2.44 USDT and 2.57 USDT over the period. The price is currently at +3.69% from its lowest and -1.56% from its highest.

2.44
2.57
2.53

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

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by THE SANDBOX - SAND/USDT:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

New LOW record (1st january)

Type : Bearish

Timeframe : Weekly


New LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of this Daily chart of THE SANDBOX - SAND/USDT indicates that the overall trend is strongly bearish. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. 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, 11 technical indicators out of 18 analysed are currently bearish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily


Previous candle closed under Bollinger bands

Type : Neutral

Timeframe : Daily


RSI indicator: bullish divergence

Type : Bullish

Timeframe : Daily


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

The Central Indicators scanner found no further results concerning independent technical indicators.

The analysis of the price chart with Central Patterns scanners does not return any result.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S2
S1
R1
R2
R3
Price


S2S1PriceR1R2R3
ProTrendLines 0.14 0.81 2.53 2.72 3.58 4.80
Change (%) -94.47% -67.98% - +7.51% +41.50% +89.72%
Change -2.39 -1.72 - +0.19 +1.05 +2.27
Level Minor Major - Major Intermediate Intermediate



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
Standard2.072.262.372.562.672.862.97
Camarilla2.402.432.452.482.512.542.56
Woodie2.032.242.332.542.632.842.93
Fibonacci2.262.382.452.562.682.752.86


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.942.252.472.783.003.313.53
Camarilla2.542.592.642.692.742.792.84
Woodie1.902.232.432.762.963.293.49
Fibonacci2.252.452.582.782.983.113.31


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.562.112.753.303.944.495.13
Camarilla3.063.173.283.393.503.613.72
Woodie1.612.132.803.323.994.515.18
Fibonacci2.112.572.853.303.764.044.49

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): 37.38
MACD (12,26,9): -0.1400
Directional Movement: -6.93
AROON (14): -50.00
DEMA (21): 2.62
Parabolic SAR (0,02-0,02-0,2): 3.05
Elder Ray (13): -0.22
Super Trend (3,10): 3.10
Zig ZAG (10): 2.53
VORTEX (21): 0.8700
Stochastique (14,3,5): 16.29
TEMA (21): 2.57
Williams %R (14): -85.89
Chande Momentum Oscillator (20): -0.27
Repulse (5,40,3): -5.7000
ROCnROLL: 2
TRIX (15,9): -0.6000
Courbe Coppock: 12.86
MA7: 2.67
MA20: 2.77
MA50: 3.03
MA100: 3.32
MAexp7: 2.65
MAexp20: 2.80
MAexp50: 3.03
MAexp100: 3.26
Price / MA7: -5.24%
Price / MA20: -8.66%
Price / MA50: -16.50%
Price / MA100: -23.80%
Price / MAexp7: -4.53%
Price / MAexp20: -9.64%
Price / MAexp50: -16.50%
Price / MAexp100: -22.39%

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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