THE SANDBOX - SAND/USD - 1H - Technical analysis published on 02/17/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Strongly bullish
Technical indicators
44%
28%
28%
My opinion
Bullish above 0.498354 USD
My targets
0.516121 USD (+0.71%)
0.557000 USD (+8.69%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on THE SANDBOX - SAND/USD as long as the price remains well above 0.498354 USD. The buyers' bullish objective is set at 0.516121 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.557000 USD. If there is any crossing, the next objective would be the resistance located at 0.606240 USD. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible overbought items that could be a sign of a possible short-term correction.
In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
5.2
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The THE SANDBOX - SAND/USD price is 0.512482 USD. The price has increased by +3.59% since the last closing and was traded between 0.494459 USD and 0.520116 USD over the period. The price is currently at +3.64% from its lowest and -1.47% from its highest.0.494459
0.520116
0.512482
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
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
Technical analysis of this 1H chart of THE SANDBOX - SAND/USD indicates that the overall trend is strongly bullish. 85.71% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages indicate this trend is showing signs of running out of steam. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
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 these signals:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
MACD indicator is back over 0
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
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 | 0.485255 | 0.489806 | 0.498354 | 0.512482 | 0.557000 | 0.606240 | 3.574490 |
| Change (%) | -5.31% | -4.42% | -2.76% | - | +8.69% | +18.29% | +597.49% |
| Change | -0.027227 | -0.022676 | -0.014128 | - | +0.044518 | +0.093758 | +3.062008 |
| Level | Intermediate | Minor | Intermediate | - | Minor | 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 | 0.459814 | 0.472433 | 0.483570 | 0.496189 | 0.507326 | 0.519945 | 0.531082 |
| Camarilla | 0.488175 | 0.490353 | 0.492530 | 0.494708 | 0.496886 | 0.499063 | 0.501241 |
| Woodie | 0.459074 | 0.472063 | 0.482830 | 0.495819 | 0.506586 | 0.519575 | 0.530342 |
| Fibonacci | 0.472433 | 0.481508 | 0.487114 | 0.496189 | 0.505264 | 0.510870 | 0.519945 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.373678 | 0.395789 | 0.433844 | 0.455955 | 0.494010 | 0.516121 | 0.554176 |
| Camarilla | 0.455352 | 0.460868 | 0.466383 | 0.471898 | 0.477413 | 0.482928 | 0.488444 |
| Woodie | 0.381649 | 0.399775 | 0.441815 | 0.459941 | 0.501981 | 0.520107 | 0.562147 |
| Fibonacci | 0.395789 | 0.418773 | 0.432972 | 0.455955 | 0.478939 | 0.493138 | 0.516121 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.154409 | 0.285484 | 0.361063 | 0.492138 | 0.567717 | 0.698792 | 0.774371 |
| Camarilla | 0.379812 | 0.398755 | 0.417699 | 0.436642 | 0.455585 | 0.474529 | 0.493472 |
| Woodie | 0.126661 | 0.271610 | 0.333315 | 0.478264 | 0.539969 | 0.684918 | 0.746623 |
| Fibonacci | 0.285484 | 0.364426 | 0.413196 | 0.492138 | 0.571080 | 0.619850 | 0.698792 |
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): | 52.81 | |
| MACD (12,26,9): | -0.0001 | |
| Directional Movement: | 1.914057 | |
| AROON (14): | -14.285715 | |
| DEMA (21): | 0.493510 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.504461 | |
| Elder Ray (13): | 0.001584 | |
| Super Trend (3,10): | 0.504727 | |
| Zig ZAG (10): | 0.494552 | |
| VORTEX (21): | 0.9493 | |
| Stochastique (14,3,5): | 41.30 | |
| TEMA (21): | 0.491818 | |
| Williams %R (14): | -58.31 | |
| Chande Momentum Oscillator (20): | -0.006887 | |
| Repulse (5,40,3): | 0.5322 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0033 | |
| Courbe Coppock: | 1.92 |
| MA7: | 0.482742 | |
| MA20: | 0.457023 | |
| MA50: | 0.486140 | |
| MA100: | 0.477745 | |
| MAexp7: | 0.493334 | |
| MAexp20: | 0.492790 | |
| MAexp50: | 0.490706 | |
| MAexp100: | 0.484603 | |
| Price / MA7: | +6.16% | |
| Price / MA20: | +12.13% | |
| Price / MA50: | +5.42% | |
| Price / MA100: | +7.27% | |
| Price / MAexp7: | +3.88% | |
| Price / MAexp20: | +4.00% | |
| Price / MAexp50: | +4.44% | |
| Price / MAexp100: | +5.75% |
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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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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