THE SANDBOX - SAND/USD - 1H - Technical analysis published on 09/03/2023 (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:
Neutral
Underlying:
Bearish
Technical indicators
33%
50%
17%
My opinion
Bearish under 0.310543 USD
My targets
0.300087 USD (-1.48%)
My analysis
Has the basic bearish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bearish trend or a rebound. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 0.310543 USD remains possible. It is advisable to trade THE SANDBOX - SAND/USD with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 0.310543 USD. The next bearish objective for sellers is set at 0.300087 USD. A bearish break of this support would revive the bearish momentum. PS: if there is a bullish break in the resistance located at 0.310543 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.
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
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.
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Additional analysis
Quotes
THE SANDBOX - SAND/USD rating 0.304596 USD. On the day, this instrument gained +0.00% with the lowest point at 0.302527 USD and the highest point at 0.304708 USD. The deviation from the price is +0.68% for the low point and -0.04% for the high point.0.302527
0.304708
0.304596
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by THE SANDBOX - SAND/USD:
Near a new LOW record (1 year)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of THE SANDBOX - SAND/USD indicates that the overall trend is bearish. 78.57% of the signals given by moving averages are bearish. Caution: as the signals currently given by short-term moving averages are rather neutral, the bearish trend could slow down. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:
Bullish trend reversal : adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
On the 18 technical indicators analysed, 6 are bullish, 3 are neutral and 9 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
MACD crosses UP its Moving Average
Type : Bullish
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near support of channel
Type : Bullish
Timeframe : 1 hour
The presence of these bearish patterns in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term were also noted
Bearish harami
Type : Bearish
Timeframe : 1 hour
Bearish doji star
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S1
R1
R2
R3
Price
| S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|
| ProTrendLines | 0.300087 | 0.304596 | 0.310543 | 0.316271 | 0.325201 |
| Change (%) | -1.48% | - | +1.95% | +3.83% | +6.76% |
| Change | -0.004509 | - | +0.005947 | +0.011675 | +0.020605 |
| Level | Intermediate | - | Minor | Minor | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.296335 | 0.299302 | 0.301952 | 0.304919 | 0.307569 | 0.310536 | 0.313186 |
| Camarilla | 0.303057 | 0.303572 | 0.304087 | 0.304602 | 0.305117 | 0.305632 | 0.306147 |
| Woodie | 0.296177 | 0.299223 | 0.301794 | 0.304840 | 0.307411 | 0.310457 | 0.313028 |
| Fibonacci | 0.299302 | 0.301448 | 0.302773 | 0.304919 | 0.307065 | 0.308390 | 0.310536 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.249236 | 0.274661 | 0.289632 | 0.315057 | 0.330028 | 0.355453 | 0.370424 |
| Camarilla | 0.293493 | 0.297196 | 0.300899 | 0.304602 | 0.308305 | 0.312008 | 0.315711 |
| Woodie | 0.244008 | 0.272048 | 0.284404 | 0.312444 | 0.324800 | 0.352840 | 0.365196 |
| Fibonacci | 0.274661 | 0.290093 | 0.299626 | 0.315057 | 0.330489 | 0.340022 | 0.355453 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.124815 | 0.209057 | 0.259588 | 0.343830 | 0.394361 | 0.478603 | 0.529134 |
| Camarilla | 0.273055 | 0.285410 | 0.297764 | 0.310118 | 0.322472 | 0.334826 | 0.347181 |
| Woodie | 0.107959 | 0.200629 | 0.242732 | 0.335402 | 0.377505 | 0.470175 | 0.512278 |
| Fibonacci | 0.209057 | 0.260541 | 0.292347 | 0.343830 | 0.395314 | 0.427120 | 0.478603 |
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): | 41.93 | |
| MACD (12,26,9): | -0.0007 | |
| Directional Movement: | -11.913836 | |
| AROON (14): | -21.428572 | |
| DEMA (21): | 0.303209 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.306858 | |
| Elder Ray (13): | -0.000624 | |
| Super Trend (3,10): | 0.307207 | |
| Zig ZAG (10): | 0.303287 | |
| VORTEX (21): | 0.9588 | |
| Stochastique (14,3,5): | 13.01 | |
| TEMA (21): | 0.303692 | |
| Williams %R (14): | -82.27 | |
| Chande Momentum Oscillator (20): | -0.002388 | |
| Repulse (5,40,3): | -0.1548 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0272 | |
| Courbe Coppock: | 0.92 |
| MA7: | 0.314979 | |
| MA20: | 0.326472 | |
| MA50: | 0.383789 | |
| MA100: | 0.416855 | |
| MAexp7: | 0.303584 | |
| MAexp20: | 0.304272 | |
| MAexp50: | 0.306747 | |
| MAexp100: | 0.311099 | |
| Price / MA7: | -3.30% | |
| Price / MA20: | -6.70% | |
| Price / MA50: | -20.63% | |
| Price / MA100: | -26.93% | |
| Price / MAexp7: | +0.33% | |
| Price / MAexp20: | +0.11% | |
| Price / MAexp50: | -0.70% | |
| Price / MAexp100: | -2.09% |
Quotes :
-
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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