THE SANDBOX - SAND/USD - 1H - Technical analysis published on 11/24/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
89%
6%
6%
My opinion
Bullish above 0.431608 USD
My targets
0.473488 USD (+1.94%)
0.542481 USD (+16.79%)
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 0.431608 USD. The buyers' bullish objective is set at 0.473488 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.542481 USD. If there is any crossing, the next objective would be the resistance located at 0.792883 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
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
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Additional analysis
Quotes
THE SANDBOX - SAND/USD rating 0.464498 USD. On the day, this instrument gained +5.97% and was traded between 0.430235 USD and 0.464498 USD over the period. The price is currently at +7.96% from its lowest and 0% from its highest.0.430235
0.464498
0.464498
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 HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Abnormal volumes on THE SANDBOX - SAND/USD were detected by the Central Volumes scanner:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of this 1H chart of THE SANDBOX - SAND/USD indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
An assessment of technical indicators shows a strong bullish signal.
Central Indicators, the scanner specialised in technical indicators, has identified this signal:
MACD crosses DOWN its Moving Average
Type : Bearish
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.362622 | 0.405926 | 0.431608 | 0.464498 | 0.473488 | 0.792883 | 1.420980 |
| Change (%) | -21.93% | -12.61% | -7.08% | - | +1.94% | +70.70% | +205.92% |
| Change | -0.101876 | -0.058572 | -0.032890 | - | +0.008990 | +0.328385 | +0.956482 |
| Level | Intermediate | Intermediate | Minor | - | Major | Major | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.301458 | 0.337171 | 0.387761 | 0.423474 | 0.474064 | 0.509777 | 0.560367 |
| Camarilla | 0.414618 | 0.422529 | 0.430440 | 0.438351 | 0.446262 | 0.454173 | 0.462084 |
| Woodie | 0.308897 | 0.340890 | 0.395200 | 0.427193 | 0.481503 | 0.513496 | 0.567806 |
| Fibonacci | 0.337171 | 0.370139 | 0.390506 | 0.423474 | 0.456442 | 0.476809 | 0.509777 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.219698 | 0.271763 | 0.355057 | 0.407122 | 0.490416 | 0.542481 | 0.625775 |
| Camarilla | 0.401127 | 0.413535 | 0.425943 | 0.438351 | 0.450759 | 0.463167 | 0.475575 |
| Woodie | 0.235313 | 0.279570 | 0.370672 | 0.414929 | 0.506031 | 0.550288 | 0.641390 |
| Fibonacci | 0.271763 | 0.323470 | 0.355415 | 0.407122 | 0.458829 | 0.490774 | 0.542481 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.159194 | 0.197388 | 0.220341 | 0.258535 | 0.281488 | 0.319682 | 0.342635 |
| Camarilla | 0.226478 | 0.232083 | 0.237688 | 0.243293 | 0.248898 | 0.254503 | 0.260108 |
| Woodie | 0.151573 | 0.193578 | 0.212720 | 0.254725 | 0.273867 | 0.315872 | 0.335014 |
| Fibonacci | 0.197388 | 0.220747 | 0.235177 | 0.258535 | 0.281894 | 0.296324 | 0.319682 |
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): | 65.44 | |
| MACD (12,26,9): | 0.0166 | |
| Directional Movement: | 18.470495 | |
| AROON (14): | 64.285714 | |
| DEMA (21): | 0.436733 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.415316 | |
| Elder Ray (13): | 0.011566 | |
| Super Trend (3,10): | 0.397884 | |
| Zig ZAG (10): | 0.438066 | |
| VORTEX (21): | 1.2272 | |
| Stochastique (14,3,5): | 67.33 | |
| TEMA (21): | 0.444601 | |
| Williams %R (14): | -42.95 | |
| Chande Momentum Oscillator (20): | 0.026693 | |
| Repulse (5,40,3): | -0.8149 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.6054 | |
| Courbe Coppock: | 18.38 |
| MA7: | 0.377306 | |
| MA20: | 0.310609 | |
| MA50: | 0.279717 | |
| MA100: | 0.271196 | |
| MAexp7: | 0.434068 | |
| MAexp20: | 0.413215 | |
| MAexp50: | 0.390238 | |
| MAexp100: | 0.371119 | |
| Price / MA7: | +23.11% | |
| Price / MA20: | +49.54% | |
| Price / MA50: | +66.06% | |
| Price / MA100: | +71.28% | |
| Price / MAexp7: | +7.01% | |
| Price / MAexp20: | +12.41% | |
| Price / MAexp50: | +19.03% | |
| Price / MAexp100: | +25.16% |
Quotes :
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Real time data
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This member declared not having a position on this financial instrument or a related financial instrument.
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