THE SANDBOX - SAND/USDT - 1H - Technical analysis published on 02/11/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
39%
22%
39%
My opinion
Bearish under 0.755533 USDT
My targets
0.723090 USDT (-0.69%)
0.635033 USDT (-12.78%)
My analysis
THE SANDBOX - SAND/USDT is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 0.755533 USDT. The next support located at 0.723090 USDT is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 0.635033 USDT. Below this support, sellers could then target 0.614300 USDT. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
4.5
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Additional analysis
Quotes
The THE SANDBOX - SAND/USDT rating is 0.728100 USDT. The price is lower by -0.48% since the last closing and was traded between 0.724300 USDT and 0.735100 USDT over the period. The price is currently at +0.52% from its lowest and -0.95% from its highest.0.724300
0.735100
0.728100
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
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 this 1H chart of THE SANDBOX - SAND/USDT indicates that the overall trend is strongly bearish. 82.14% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Central Indicators, the scanner specialised in technical indicators, has identified this signal:
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:
Bearish harami
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.534200 | 0.614300 | 0.723090 | 0.728100 | 0.775355 | 0.802985 | 0.861400 |
| Change (%) | -26.63% | -15.63% | -0.69% | - | +6.49% | +10.28% | +18.31% |
| Change | -0.193900 | -0.113800 | -0.005010 | - | +0.047255 | +0.074885 | +0.133300 |
| Level | Minor | Minor | Major | - | Intermediate | Intermediate | Minor |
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 |
|---|---|---|---|---|---|---|---|
| Standard | 0.668200 | 0.690600 | 0.711100 | 0.733500 | 0.754000 | 0.776400 | 0.796900 |
| Camarilla | 0.719803 | 0.723735 | 0.727668 | 0.731600 | 0.735533 | 0.739465 | 0.743398 |
| Woodie | 0.667250 | 0.690125 | 0.710150 | 0.733025 | 0.753050 | 0.775925 | 0.795950 |
| Fibonacci | 0.690600 | 0.706988 | 0.717112 | 0.733500 | 0.749888 | 0.760012 | 0.776400 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.583967 | 0.635033 | 0.704467 | 0.755533 | 0.824967 | 0.876033 | 0.945467 |
| Camarilla | 0.740763 | 0.751808 | 0.762854 | 0.773900 | 0.784946 | 0.795992 | 0.807038 |
| Woodie | 0.593150 | 0.639625 | 0.713650 | 0.760125 | 0.834150 | 0.880625 | 0.954650 |
| Fibonacci | 0.635033 | 0.681064 | 0.709502 | 0.755533 | 0.801564 | 0.830002 | 0.876033 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.017733 | 0.178933 | 0.454567 | 0.651233 | 0.926867 | 1.123533 | 1.399167 |
| Camarilla | 0.600318 | 0.643612 | 0.686906 | 0.730200 | 0.773494 | 0.816788 | 0.860083 |
| Woodie | 0.021750 | 0.198675 | 0.494050 | 0.670975 | 0.966350 | 1.143275 | 1.438650 |
| Fibonacci | 0.178933 | 0.359352 | 0.470815 | 0.651233 | 0.831652 | 0.943115 | 1.123533 |
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): | 46.44 | |
| MACD (12,26,9): | -0.0034 | |
| Directional Movement: | -6.281726 | |
| AROON (14): | 7.142857 | |
| DEMA (21): | 0.725606 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.752361 | |
| Elder Ray (13): | 0.000057 | |
| Super Trend (3,10): | 0.749431 | |
| Zig ZAG (10): | 0.729300 | |
| VORTEX (21): | 1.0080 | |
| Stochastique (14,3,5): | 42.59 | |
| TEMA (21): | 0.730354 | |
| Williams %R (14): | -59.26 | |
| Chande Momentum Oscillator (20): | -0.003000 | |
| Repulse (5,40,3): | 0.0748 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0796 | |
| Courbe Coppock: | 1.22 |
| MA7: | 0.770414 | |
| MA20: | 0.759615 | |
| MA50: | 0.625360 | |
| MA100: | 0.605955 | |
| MAexp7: | 0.729295 | |
| MAexp20: | 0.731182 | |
| MAexp50: | 0.744914 | |
| MAexp100: | 0.758156 | |
| Price / MA7: | -5.49% | |
| Price / MA20: | -4.15% | |
| Price / MA50: | +16.43% | |
| Price / MA100: | +20.16% | |
| Price / MAexp7: | -0.16% | |
| Price / MAexp20: | -0.42% | |
| Price / MAexp50: | -2.26% | |
| Price / MAexp100: | -3.96% |
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.
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