THE SANDBOX - SAND/USDT - 1H - Technical analysis published on 12/05/2022 (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
89%
0%
11%
My opinion
Bullish above 0.591546 USDT
My targets
0.607100 USDT (+1.44%)
0.680967 USDT (+13.78%)
My analysis
The bullish trend is currently very strong on THE SANDBOX - SAND/USDT. As long as the price remains above the support at 0.591546 USDT, you could try to benefit from the boom. The first bullish objective is located at 0.607100 USDT. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.680967 USDT as an objective. Crossing it would then enable buyers to target 0.802985 USDT. 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, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.2
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Additional analysis
Quotes
The THE SANDBOX - SAND/USDT rating is 0.598500 USDT. On the day, this instrument gained +1.49% and was traded between 0.588500 USDT and 0.600000 USDT over the period. The price is currently at +1.70% from its lowest and -0.25% from its highest.0.588500
0.600000
0.598500
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Abnormal volumes
Timeframe : 50 days
Technical
A technical analysis in 1H of this THE SANDBOX - SAND/USDT chart shows a strongly bullish trend. 85.71% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:
Bullish trend reversal : Moving Average 50
Type : Bullish
Timeframe : 1 hour
In fact, 16 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : 1 hour
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Previous candle closed over Bollinger bands
Type : Neutral
Timeframe : 1 hour
CCI indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.568800 | 0.591546 | 0.597800 | 0.598500 | 0.607100 | 0.802985 | 0.916200 |
| Change (%) | -4.96% | -1.16% | -0.12% | - | +1.44% | +34.17% | +53.08% |
| Change | -0.029700 | -0.006954 | -0.000700 | - | +0.008600 | +0.204485 | +0.317700 |
| Level | Major | Intermediate | Minor | - | Major | 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 | 0.565000 | 0.570700 | 0.580200 | 0.585900 | 0.595400 | 0.601100 | 0.610600 |
| Camarilla | 0.585520 | 0.586913 | 0.588307 | 0.589700 | 0.591093 | 0.592487 | 0.593880 |
| Woodie | 0.566900 | 0.571650 | 0.582100 | 0.586850 | 0.597300 | 0.602050 | 0.612500 |
| Fibonacci | 0.570700 | 0.576506 | 0.580094 | 0.585900 | 0.591706 | 0.595294 | 0.601100 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.469167 | 0.502833 | 0.539767 | 0.573433 | 0.610367 | 0.644033 | 0.680967 |
| Camarilla | 0.557285 | 0.563757 | 0.570228 | 0.576700 | 0.583172 | 0.589643 | 0.596115 |
| Woodie | 0.470800 | 0.503650 | 0.541400 | 0.574250 | 0.612000 | 0.644850 | 0.682600 |
| Fibonacci | 0.502833 | 0.529803 | 0.546464 | 0.573433 | 0.600403 | 0.617064 | 0.644033 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.050700 | 0.234600 | 0.412800 | 0.698100 | 0.876300 | 1.161600 | 1.339800 |
| Camarilla | 0.463538 | 0.506025 | 0.548513 | 0.591000 | 0.633488 | 0.675975 | 0.718463 |
| Woodie | -0.104250 | 0.207825 | 0.359250 | 0.671325 | 0.822750 | 1.134825 | 1.286250 |
| Fibonacci | 0.234600 | 0.411657 | 0.521043 | 0.698100 | 0.875157 | 0.984543 | 1.161600 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 70.89 | |
| MACD (12,26,9): | 0.0031 | |
| Directional Movement: | 22.111551 | |
| AROON (14): | 85.714286 | |
| DEMA (21): | 0.593813 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.592377 | |
| Elder Ray (13): | 0.006868 | |
| Super Trend (3,10): | 0.589939 | |
| Zig ZAG (10): | 0.598500 | |
| VORTEX (21): | 1.2601 | |
| Stochastique (14,3,5): | 90.75 | |
| TEMA (21): | 0.597169 | |
| Williams %R (14): | -8.33 | |
| Chande Momentum Oscillator (20): | 0.011900 | |
| Repulse (5,40,3): | 0.4018 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0416 | |
| Courbe Coppock: | 3.86 |
| MA7: | 0.585971 | |
| MA20: | 0.573355 | |
| MA50: | 0.681146 | |
| MA100: | 0.777335 | |
| MAexp7: | 0.595084 | |
| MAexp20: | 0.590506 | |
| MAexp50: | 0.588472 | |
| MAexp100: | 0.586236 | |
| Price / MA7: | +2.14% | |
| Price / MA20: | +4.39% | |
| Price / MA50: | -12.13% | |
| Price / MA100: | -23.01% | |
| Price / MAexp7: | +0.57% | |
| Price / MAexp20: | +1.35% | |
| Price / MAexp50: | +1.70% | |
| Price / MAexp100: | +2.09% |
Quotes :
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Real time data
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