THE SANDBOX - SAND/USD - 1H - Technical analysis published on 02/02/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
39%
28%
33%
My opinion
Bullish above 0.756301 USD
My targets
0.777301 USD (+1.88%)
0.796730 USD (+4.42%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on THE SANDBOX - SAND/USD as long as the price remains well above 0.756301 USD. The buyers' bullish objective is set at 0.777301 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.796730 USD. If there is any crossing, the next objective would be the resistance located at 0.916489 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
6.1
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
THE SANDBOX - SAND/USD rating 0.762974 USD. The price is lower by -0.15% since the last closing with the lowest point at 0.752792 USD and the highest point at 0.780500 USD. The deviation from the price is +1.35% for the low point and -2.25% for the high point.0.752792
0.780500
0.762974
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:
Technical
A technical analysis in 1H of this THE SANDBOX - SAND/USD chart shows a strongly bullish trend. 89.29% 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.
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 7 are bullish, 6 are neutral and 5 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Williams %R indicator is back under -50
Type : Bearish
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.712752 | 0.741257 | 0.756301 | 0.762974 | 0.777301 | 0.796730 | 0.916489 |
| Change (%) | -6.58% | -2.85% | -0.87% | - | +1.88% | +4.42% | +20.12% |
| Change | -0.050222 | -0.021717 | -0.006673 | - | +0.014327 | +0.033756 | +0.153515 |
| Level | Major | Intermediate | Minor | - | Major | Major | Intermediate |
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 | 0.619859 | 0.652609 | 0.708345 | 0.741095 | 0.796831 | 0.829581 | 0.885317 |
| Camarilla | 0.739747 | 0.747859 | 0.755970 | 0.764081 | 0.772192 | 0.780303 | 0.788415 |
| Woodie | 0.631352 | 0.658356 | 0.719838 | 0.746842 | 0.808324 | 0.835328 | 0.896810 |
| Fibonacci | 0.652609 | 0.686411 | 0.707293 | 0.741095 | 0.774897 | 0.795779 | 0.829581 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.532784 | 0.619199 | 0.677203 | 0.763618 | 0.821622 | 0.908037 | 0.966041 |
| Camarilla | 0.695491 | 0.708729 | 0.721968 | 0.735206 | 0.748444 | 0.761683 | 0.774921 |
| Woodie | 0.518578 | 0.612096 | 0.662997 | 0.756515 | 0.807416 | 0.900934 | 0.951835 |
| Fibonacci | 0.619199 | 0.674367 | 0.708450 | 0.763618 | 0.818786 | 0.852869 | 0.908037 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.020730 | 0.177374 | 0.453827 | 0.651931 | 0.928384 | 1.126488 | 1.402941 |
| Camarilla | 0.599778 | 0.643279 | 0.686780 | 0.730281 | 0.773782 | 0.817283 | 0.860784 |
| Woodie | 0.018446 | 0.196961 | 0.493003 | 0.671518 | 0.967560 | 1.146075 | 1.442117 |
| Fibonacci | 0.177374 | 0.358654 | 0.470650 | 0.651931 | 0.833211 | 0.945207 | 1.126488 |
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): | 61.94 | |
| MACD (12,26,9): | 0.0105 | |
| Directional Movement: | 14.774982 | |
| AROON (14): | -42.857143 | |
| DEMA (21): | 0.771800 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.755501 | |
| Elder Ray (13): | 0.006046 | |
| Super Trend (3,10): | 0.744149 | |
| Zig ZAG (10): | 0.767468 | |
| VORTEX (21): | 1.3225 | |
| Stochastique (14,3,5): | 58.37 | |
| TEMA (21): | 0.775447 | |
| Williams %R (14): | -51.81 | |
| Chande Momentum Oscillator (20): | -0.001614 | |
| Repulse (5,40,3): | -0.2080 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.2261 | |
| Courbe Coppock: | 3.36 |
| MA7: | 0.751671 | |
| MA20: | 0.741498 | |
| MA50: | 0.570896 | |
| MA100: | 0.610502 | |
| MAexp7: | 0.766594 | |
| MAexp20: | 0.756426 | |
| MAexp50: | 0.743713 | |
| MAexp100: | 0.741898 | |
| Price / MA7: | +1.50% | |
| Price / MA20: | +2.90% | |
| Price / MA50: | +33.65% | |
| Price / MA100: | +24.97% | |
| Price / MAexp7: | -0.47% | |
| Price / MAexp20: | +0.87% | |
| Price / MAexp50: | +2.59% | |
| Price / MAexp100: | +2.84% |
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.
About author
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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…
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