THE SANDBOX - SAND/USD - 15 min. - Technical analysis published on 01/06/2023 (GMT)
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I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
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- Timeframe : 15 min.
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bearish
Technical indicators
61%
0%
39%
My opinion
Bearish under 0.430337 USD
My targets
0.407671 USD (-1.08%)
0.393681 USD (-4.47%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on THE SANDBOX - SAND/USD. As long as you are under the resistance located at 0.430337 USD, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 0.407671 USD would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. Sellers would then use the next support located at 0.393681 USD as an objective. Crossing it would then enable sellers to target 0.391446 USD. If the resistance 0.430337 USD were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.
In the very short term, the general bearish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bearish direction is still favored, however the current short term correction should be carefully watched.
Force
0
10
0.5
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This analysis was given by Henry07. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
THE SANDBOX - SAND/USD rating 0.412117 USD. The price is lower by -3.04% since the last closing and was between 0.407374 USD and 0.427836 USD. This implies that the price is at +1.16% from its lowest and at -3.67% from its highest.0.407374
0.427836
0.412117
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:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of THE SANDBOX - SAND/USD in 15 min. shows an overall bearish trend. The signals given by moving averages are 71.43% bearish. This bearish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:
Bearish price crossover with adaptative moving average 20
Type : Bearish
Timeframe : 15 minutes
Bearish price crossover with adaptative moving average 50
Type : Bearish
Timeframe : 15 minutes
The technical indicators are bullish. There is still some doubt about the price increase.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Pivot points : price is under support 1
Type : Neutral
Timeframe : 15 minutes
RSI indicator is back under 50
Type : Bearish
Timeframe : 15 minutes
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Williams %R indicator is back under -50
Type : Bearish
Timeframe : 15 minutes
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 15 minutes
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The presence of these Japanese chandelier patterns detected by Central Candlesticks that could impact the current short-term trend were also noted:
Bullish doji star
Type : Bullish
Timeframe : 15 minutes
Black evening star
Type : Bearish
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.382050 | 0.391446 | 0.401023 | 0.412117 | 0.423347 | 0.429285 | 0.437381 |
| Change (%) | -7.30% | -5.02% | -2.69% | - | +2.72% | +4.17% | +6.13% |
| Change | -0.030067 | -0.020671 | -0.011094 | - | +0.011230 | +0.017168 | +0.025264 |
| Level | Major | Intermediate | Intermediate | - | Minor | Minor | 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 | 0.393681 | 0.407671 | 0.416347 | 0.430337 | 0.439013 | 0.453003 | 0.461679 |
| Camarilla | 0.418789 | 0.420867 | 0.422944 | 0.425022 | 0.427100 | 0.429177 | 0.431255 |
| Woodie | 0.391023 | 0.406343 | 0.413689 | 0.429009 | 0.436355 | 0.451675 | 0.459021 |
| Fibonacci | 0.407671 | 0.416330 | 0.421679 | 0.430337 | 0.438996 | 0.444345 | 0.453003 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.283928 | 0.330777 | 0.356413 | 0.403262 | 0.428898 | 0.475747 | 0.501383 |
| Camarilla | 0.362117 | 0.368761 | 0.375406 | 0.382050 | 0.388695 | 0.395339 | 0.401983 |
| Woodie | 0.273323 | 0.325474 | 0.345808 | 0.397959 | 0.418293 | 0.470444 | 0.490778 |
| Fibonacci | 0.330777 | 0.358466 | 0.375572 | 0.403262 | 0.430951 | 0.448057 | 0.475747 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.038955 | 0.208290 | 0.295170 | 0.464505 | 0.551385 | 0.720720 | 0.807600 |
| Camarilla | 0.311591 | 0.335077 | 0.358564 | 0.382050 | 0.405536 | 0.429023 | 0.452509 |
| Woodie | -0.002273 | 0.187676 | 0.253943 | 0.443891 | 0.510158 | 0.700106 | 0.766373 |
| Fibonacci | 0.208290 | 0.306164 | 0.366631 | 0.464505 | 0.562379 | 0.622846 | 0.720720 |
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): | 49.86 | |
| MACD (12,26,9): | -0.0009 | |
| Directional Movement: | 0.473214 | |
| AROON (14): | 7.142857 | |
| DEMA (21): | 0.409781 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.407374 | |
| Elder Ray (13): | 0.001316 | |
| Super Trend (3,10): | 0.413400 | |
| Zig ZAG (10): | 0.412337 | |
| VORTEX (21): | 0.9750 | |
| Stochastique (14,3,5): | 70.60 | |
| TEMA (21): | 0.410624 | |
| Williams %R (14): | -47.66 | |
| Chande Momentum Oscillator (20): | 0.001607 | |
| Repulse (5,40,3): | -0.0979 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0513 | |
| Courbe Coppock: | 0.25 |
| MA7: | 0.409685 | |
| MA20: | 0.426886 | |
| MA50: | 0.510977 | |
| MA100: | 0.639476 | |
| MAexp7: | 0.411118 | |
| MAexp20: | 0.411163 | |
| MAexp50: | 0.414417 | |
| MAexp100: | 0.419022 | |
| Price / MA7: | +0.59% | |
| Price / MA20: | -3.46% | |
| Price / MA50: | -19.35% | |
| Price / MA100: | -35.55% | |
| Price / MAexp7: | +0.24% | |
| Price / MAexp20: | +0.23% | |
| Price / MAexp50: | -0.55% | |
| Price / MAexp100: | -1.65% |
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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