DECENTRALAND - MANA/USD - 1H - Technical analysis published on 10/10/2023 (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 0.292280 USD
My targets
0.274677 USD (-2.22%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on DECENTRALAND - MANA/USD as long as the price remains well below 0.292280 USD. The sellers' bearish objective is set at 0.274677 USD. A bearish break of this support would revive the bearish momentum. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
In the very short term, technical indicators are neutral, 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 0.280925 USD. On the day, this instrument lost -0.08% and was traded between 0.279601 USD and 0.281903 USD over the period. The price is currently at +0.47% from its lowest and -0.35% from its highest.0.279601
0.281903
0.280925
A study of price movements over other periods shows the following variations:
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. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Pivot points : price is under support 1
Type : Neutral
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
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S2
S1
R1
R2
R3
Price
| S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 0.274677 | 0.279520 | 0.280925 | 0.292280 | 0.298755 | 0.308843 |
| Change (%) | -2.22% | -0.50% | - | +4.04% | +6.35% | +9.94% |
| Change | -0.006248 | -0.001405 | - | +0.011355 | +0.017830 | +0.027918 |
| Level | Minor | Intermediate | - | 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 | 0.246961 | 0.260741 | 0.270947 | 0.284727 | 0.294933 | 0.308713 | 0.318919 |
| Camarilla | 0.274558 | 0.276757 | 0.278955 | 0.281154 | 0.283353 | 0.285551 | 0.287750 |
| Woodie | 0.245175 | 0.259848 | 0.269161 | 0.283834 | 0.293147 | 0.307820 | 0.317133 |
| Fibonacci | 0.260741 | 0.269903 | 0.275564 | 0.284727 | 0.293889 | 0.299550 | 0.308713 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.243443 | 0.266217 | 0.282626 | 0.305400 | 0.321809 | 0.344583 | 0.360992 |
| Camarilla | 0.288261 | 0.291853 | 0.295444 | 0.299036 | 0.302628 | 0.306220 | 0.309811 |
| Woodie | 0.240262 | 0.264626 | 0.279445 | 0.303809 | 0.318628 | 0.342992 | 0.357811 |
| Fibonacci | 0.266217 | 0.281185 | 0.290432 | 0.305400 | 0.320368 | 0.329615 | 0.344583 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.215139 | 0.240285 | 0.274608 | 0.299754 | 0.334077 | 0.359223 | 0.393546 |
| Camarilla | 0.292577 | 0.298028 | 0.303480 | 0.308931 | 0.314382 | 0.319834 | 0.325285 |
| Woodie | 0.219728 | 0.242579 | 0.279197 | 0.302048 | 0.338666 | 0.361517 | 0.398135 |
| Fibonacci | 0.240285 | 0.263002 | 0.277037 | 0.299754 | 0.322471 | 0.336506 | 0.359223 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 37.02 | |
| MACD (12,26,9): | -0.0025 | |
| Directional Movement: | -32.727107 | |
| AROON (14): | 7.142857 | |
| DEMA (21): | 0.278758 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.276224 | |
| Elder Ray (13): | -0.000642 | |
| Super Trend (3,10): | 0.285500 | |
| Zig ZAG (10): | 0.280523 | |
| VORTEX (21): | 0.9444 | |
| Stochastique (14,3,5): | 53.92 | |
| TEMA (21): | 0.279108 | |
| Williams %R (14): | -53.94 | |
| Chande Momentum Oscillator (20): | -0.000506 | |
| Repulse (5,40,3): | 0.2536 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.1661 | |
| Courbe Coppock: | 0.39 |
| MA7: | 0.292688 | |
| MA20: | 0.298697 | |
| MA50: | 0.296405 | |
| MA100: | 0.336678 | |
| MAexp7: | 0.280750 | |
| MAexp20: | 0.282566 | |
| MAexp50: | 0.287643 | |
| MAexp100: | 0.292174 | |
| Price / MA7: | -4.02% | |
| Price / MA20: | -5.95% | |
| Price / MA50: | -5.22% | |
| Price / MA100: | -16.56% | |
| Price / MAexp7: | +0.06% | |
| Price / MAexp20: | -0.58% | |
| Price / MAexp50: | -2.34% | |
| Price / MAexp100: | -3.85% |
Quotes :
-
Real time data
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