THE SANDBOX - SAND/USD
THE SANDBOX - SAND/USD
- USD (-)
- Real time data - Cryptocompare
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Cryptocurrencies
Ticker: SANDUSD
ISIN:

THE SANDBOX - SAND/USD - 1H - Technical analysis published on 10/29/2023 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
94%
0%
6%
My opinion
Bullish above 0.346500 USD
My targets
0.369713 USD (+4.78%)
0.400061 USD (+13.38%)
My analysis
The bullish trend is currently very strong on THE SANDBOX - SAND/USD. As long as the price remains above the support at 0.346500 USD, you could try to benefit from the boom. The first bullish objective is located at 0.369713 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.400061 USD as an objective. Crossing it would then enable buyers to target 0.447412 USD. 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, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
8.8

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.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

THE SANDBOX - SAND/USD rating 0.352834 USD. The price has increased by +6.58% since the last closing and was between 0.324900 USD and 0.357734 USD. This implies that the price is at +8.60% from its lowest and at -1.37% from its highest.

0.324900
0.357734
0.352834

A study of price movements over other periods shows the following variations:
The Central Records scanner, which identifies the highest / lowest, has detected an element:

Central Records

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



The Central Volumes scanner notes the presence of abnormal volumes:

Central Volumes

Abnormal volumes

Timeframe : 5 days


Abnormal volumes

Timeframe : 20 days

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.

The probability of a further increase is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

RSI indicator is overbought : over 80

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


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly


Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 1 hour


Pivot points : price is under support 1

Type : Neutral

Timeframe : 1 hour



The analysis of the price chart with Central Patterns scanners does not return any result.

From the Japanese candlestick perspective, the Central Candlesticks scanner notes the presence of these results that could impact the short-term trend:

Central Candlesticks

Bearish doji star

Type : Bearish

Timeframe : 1 hour


Long white line

Type : Bullish

Timeframe : 1 hour


Bearish engulfing lines

Type : Bearish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.322945 0.336946 0.346500 0.352834 0.369713 0.447412 0.495372
Change (%) -8.47% -4.50% -1.80% - +4.78% +26.81% +40.40%
Change -0.029889 -0.015888 -0.006334 - +0.016879 +0.094578 +0.142538
Level Intermediate Intermediate Minor - Minor Minor Intermediate



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.3154790.3191750.3251080.3288040.3347370.3384330.344366
Camarilla0.3283930.3292760.3301580.3310410.3319240.3328060.333689
Woodie0.3165980.3197340.3262270.3293630.3358560.3389920.345485
Fibonacci0.3191750.3228530.3251260.3288040.3324820.3347550.338433


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.2563610.2774800.3042610.3253800.3521610.3732800.400061
Camarilla0.3178690.3222590.3266500.3310410.3354320.3398230.344214
Woodie0.2591910.2788960.3070910.3267960.3549910.3746960.402891
Fibonacci0.2774800.2957780.3070830.3253800.3436780.3549830.373280


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.2405600.2582610.2843990.3021000.3282380.3459390.372077
Camarilla0.2984820.3025010.3065190.3105380.3145570.3185750.322594
Woodie0.2447800.2603700.2886190.3042090.3324580.3480480.376297
Fibonacci0.2582610.2750070.2853530.3021000.3188460.3291920.345939

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): 82.31
MACD (12,26,9): 0.0051
Directional Movement: 46.425406
AROON (14): 92.857143
DEMA (21): 0.341802
Parabolic SAR (0,02-0,02-0,2): 0.331260
Elder Ray (13): 0.016456
Super Trend (3,10): 0.344251
Zig ZAG (10): 0.356565
VORTEX (21): 1.3796
Stochastique (14,3,5): 96.06
TEMA (21): 0.346205
Williams %R (14): -4.27
Chande Momentum Oscillator (20): 0.028736
Repulse (5,40,3): 4.3113
ROCnROLL: 1
TRIX (15,9): 0.0954
Courbe Coppock: 7.99
MA7: 0.332684
MA20: 0.304954
MA50: 0.301651
MA100: 0.334433
MAexp7: 0.344380
MAexp20: 0.334299
MAexp50: 0.331986
MAexp100: 0.328871
Price / MA7: +6.06%
Price / MA20: +15.70%
Price / MA50: +16.97%
Price / MA100: +5.50%
Price / MAexp7: +2.45%
Price / MAexp20: +5.54%
Price / MAexp50: +6.28%
Price / MAexp100: +7.29%

Quotes : - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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