DECENTRALAND - MANA/USD - 1H - Technical analysis published on 07/19/2023 (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:
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
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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 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.
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:
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:
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:
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
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| 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 |
|---|---|---|---|---|---|---|---|
| Standard | 0.356305 | 0.374710 | 0.387452 | 0.405857 | 0.418599 | 0.437004 | 0.449746 |
| Camarilla | 0.391630 | 0.394485 | 0.397340 | 0.400195 | 0.403050 | 0.405905 | 0.408760 |
| Woodie | 0.353475 | 0.373294 | 0.384622 | 0.404441 | 0.415769 | 0.435588 | 0.446916 |
| Fibonacci | 0.374710 | 0.386608 | 0.393959 | 0.405857 | 0.417755 | 0.425106 | 0.437004 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.299136 | 0.334592 | 0.376570 | 0.412026 | 0.454004 | 0.489460 | 0.531438 |
| Camarilla | 0.397253 | 0.404351 | 0.411449 | 0.418547 | 0.425645 | 0.432743 | 0.439841 |
| Woodie | 0.302396 | 0.336223 | 0.379830 | 0.413657 | 0.457264 | 0.491091 | 0.534698 |
| Fibonacci | 0.334592 | 0.364172 | 0.382447 | 0.412026 | 0.441606 | 0.459881 | 0.489460 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.068777 | 0.192228 | 0.288514 | 0.411965 | 0.508251 | 0.631702 | 0.727988 |
| Camarilla | 0.324371 | 0.344514 | 0.364656 | 0.384799 | 0.404942 | 0.425084 | 0.445227 |
| Woodie | 0.055194 | 0.185437 | 0.274931 | 0.405174 | 0.494668 | 0.624911 | 0.714405 |
| Fibonacci | 0.192228 | 0.276168 | 0.328026 | 0.411965 | 0.495905 | 0.547763 | 0.631702 |
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 :
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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.
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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