DECENTRALAND - MANA/USD
DECENTRALAND - MANA/USD
- USD (-)
- Real time data - Cryptocompare
Open: -
Change: -
Volume: -
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High: -
High / Low range: -
Type: Cryptocurrencies
Ticker: MANAUSD
ISIN:

DECENTRALAND - MANA/USD - 1H - Technical analysis published on 07/19/2023 (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 bearish
Underlying: Strongly bearish
Technical indicators
33%
39%
28%
My opinion
Bearish under 0.412454 USD
My targets
0.392670 USD (-1.83%)
0.385331 USD (-3.66%)
My analysis
The bearish trend is currently very strong for DECENTRALAND - MANA/USD. As long as the price remains below the resistance at 0.412454 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 0.392670 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.385331 USD as an objective. Crossing it would then enable sellers to target 0.372273 USD. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. 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.

Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
6.3

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 DECENTRALAND - MANA/USD price is 0.399987 USD. The price is lower by -0.05% since the last closing and was between 0.396727 USD and 0.408236 USD. This implies that the price is at +0.82% from its lowest and at -2.02% from its highest.

0.396727
0.408236
0.399987

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Central Gaps

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


A technical analysis in 1H of this DECENTRALAND - MANA/USD chart shows a sharp bearish trend. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:

Central Indicators

Bearish trend reversal : Moving Average 20

Type : Bearish

Timeframe : 1 hour


Bearish trend reversal : adaptative moving average 20

Type : Bearish

Timeframe : 1 hour



An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Price is back under the pivot point

Type : Bearish

Timeframe : 1 hour


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly


Momentum indicator is back under 0

Type : Bearish

Timeframe : 1 hour


Williams %R indicator is back under -50

Type : Bearish

Timeframe : 1 hour



An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Central Patterns

Near resistance of triangle

Type : Bearish

Timeframe : 1 hour



The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.385331 0.392670 0.399517 0.399987 0.412454 0.424508 0.452106
Change (%) -3.66% -1.83% -0.12% - +3.12% +6.13% +13.03%
Change -0.014656 -0.007317 -0.000470 - +0.012467 +0.024521 +0.052119
Level Minor Intermediate Major - Minor Intermediate Intermediate



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
Standard0.3563050.3747100.3874520.4058570.4185990.4370040.449746
Camarilla0.3916300.3944850.3973400.4001950.4030500.4059050.408760
Woodie0.3534750.3732940.3846220.4044410.4157690.4355880.446916
Fibonacci0.3747100.3866080.3939590.4058570.4177550.4251060.437004


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.2991360.3345920.3765700.4120260.4540040.4894600.531438
Camarilla0.3972530.4043510.4114490.4185470.4256450.4327430.439841
Woodie0.3023960.3362230.3798300.4136570.4572640.4910910.534698
Fibonacci0.3345920.3641720.3824470.4120260.4416060.4598810.489460


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0687770.1922280.2885140.4119650.5082510.6317020.727988
Camarilla0.3243710.3445140.3646560.3847990.4049420.4250840.445227
Woodie0.0551940.1854370.2749310.4051740.4946680.6249110.714405
Fibonacci0.1922280.2761680.3280260.4119650.4959050.5477630.631702

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): 44.30
MACD (12,26,9): -0.0009
Directional Movement: -9.487928
AROON (14): -100.000000
DEMA (21): 0.400532
Parabolic SAR (0,02-0,02-0,2): 0.403804
Elder Ray (13): -0.002681
Super Trend (3,10): 0.409006
Zig ZAG (10): 0.399786
VORTEX (21): 0.9431
Stochastique (14,3,5): 54.76
TEMA (21): 0.401161
Williams %R (14): -49.41
Chande Momentum Oscillator (20): -0.001260
Repulse (5,40,3): 0.4673
ROCnROLL: 2
TRIX (15,9): -0.0349
Courbe Coppock: 1.03
MA7: 0.414144
MA20: 0.399368
MA50: 0.394400
MA100: 0.462309
MAexp7: 0.401312
MAexp20: 0.401761
MAexp50: 0.404333
MAexp100: 0.406791
Price / MA7: -3.42%
Price / MA20: +0.15%
Price / MA50: +1.42%
Price / MA100: -13.48%
Price / MAexp7: -0.33%
Price / MAexp20: -0.44%
Price / MAexp50: -1.07%
Price / MAexp100: -1.67%

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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