THE SANDBOX - SAND/USD - 15 min. - Technical analysis published on 01/27/2023 (GMT)
- 683
- 0
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 15 min.
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 0.741698 USD
My targets
0.765588 USD (+2.75%)
0.790361 USD (+6.07%)
My analysis
The bullish trend is currently very strong on THE SANDBOX - SAND/USD. As long as the price remains above the support at 0.741698 USD, you could try to benefit from the boom. The first bullish objective is located at 0.765588 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.790361 USD as an objective. Crossing it would then enable buyers to target 0.814251 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. 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 bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
8
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 Henry07. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The THE SANDBOX - SAND/USD price is 0.745127 USD. On the day, this instrument gained +0.58% and was between 0.712379 USD and 0.747699 USD. This implies that the price is at +4.60% from its lowest and at -0.34% from its highest.0.712379
0.747699
0.745127
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by THE SANDBOX - SAND/USD:
Technical
Technical analysis of this 15 min. chart of THE SANDBOX - SAND/USD indicates that the overall trend is strongly bullish. 85.71% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
Technical indicators are strongly bullish, suggesting that the price increase should continue.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 15 minutes
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 15 minutes
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Horizontal resistance is broken
Type : Bullish
Timeframe : 15 minutes
The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:
Bearish harami
Type : Bearish
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.705675 | 0.722392 | 0.742199 | 0.745127 | 0.778416 | 0.796730 | 0.813885 |
| Change (%) | -5.29% | -3.05% | -0.39% | - | +4.47% | +6.93% | +9.23% |
| Change | -0.039452 | -0.022735 | -0.002928 | - | +0.033289 | +0.051603 | +0.068758 |
| Level | Intermediate | Minor | Minor | - | Major | Major | Minor |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.668262 | 0.693035 | 0.716925 | 0.741698 | 0.765588 | 0.790361 | 0.814251 |
| Camarilla | 0.727433 | 0.731894 | 0.736354 | 0.740815 | 0.745276 | 0.749737 | 0.754197 |
| Woodie | 0.667821 | 0.692814 | 0.716484 | 0.741477 | 0.765147 | 0.790140 | 0.813810 |
| Fibonacci | 0.693035 | 0.711624 | 0.723109 | 0.741698 | 0.760287 | 0.771772 | 0.790361 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.427090 | 0.522424 | 0.655254 | 0.750588 | 0.883418 | 0.978752 | 1.111582 |
| Camarilla | 0.725338 | 0.746253 | 0.767168 | 0.788083 | 0.808998 | 0.829913 | 0.850828 |
| Woodie | 0.445837 | 0.531798 | 0.674001 | 0.759962 | 0.902165 | 0.988126 | 1.130329 |
| Fibonacci | 0.522424 | 0.609583 | 0.663430 | 0.750588 | 0.837747 | 0.891594 | 0.978752 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.090904 | 0.234265 | 0.308157 | 0.451518 | 0.525410 | 0.668771 | 0.742663 |
| Camarilla | 0.322305 | 0.342220 | 0.362135 | 0.382050 | 0.401965 | 0.421880 | 0.441795 |
| Woodie | 0.056171 | 0.216898 | 0.273424 | 0.434151 | 0.490677 | 0.651404 | 0.707930 |
| Fibonacci | 0.234265 | 0.317255 | 0.368527 | 0.451518 | 0.534508 | 0.585780 | 0.668771 |
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): | 66.08 | |
| MACD (12,26,9): | 0.0057 | |
| Directional Movement: | 14.543506 | |
| AROON (14): | 100.000000 | |
| DEMA (21): | 0.742636 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.737781 | |
| Elder Ray (13): | 0.007393 | |
| Super Trend (3,10): | 0.732252 | |
| Zig ZAG (10): | 0.746894 | |
| VORTEX (21): | 1.1942 | |
| Stochastique (14,3,5): | 96.00 | |
| TEMA (21): | 0.746822 | |
| Williams %R (14): | -4.52 | |
| Chande Momentum Oscillator (20): | 0.017160 | |
| Repulse (5,40,3): | 0.6757 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0835 | |
| Courbe Coppock: | 5.83 |
| MA7: | 0.765883 | |
| MA20: | 0.676180 | |
| MA50: | 0.548704 | |
| MA100: | 0.610006 | |
| MAexp7: | 0.742513 | |
| MAexp20: | 0.735726 | |
| MAexp50: | 0.730504 | |
| MAexp100: | 0.730675 | |
| Price / MA7: | -2.71% | |
| Price / MA20: | +10.20% | |
| Price / MA50: | +35.80% | |
| Price / MA100: | +22.15% | |
| Price / MAexp7: | +0.35% | |
| Price / MAexp20: | +1.28% | |
| Price / MAexp50: | +2.00% | |
| Price / MAexp100: | +1.98% |
Quotes :
-
Real time data
-
Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
Add a comment
Comments
0 comments on the analysis THE SANDBOX - SAND/USD - 15 min.