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

DECENTRALAND - MANA/USD - Weekly - Technical analysis published on 10/30/2023 (GMT)

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  • Timeframe : Weekly
  • - Analysis generated on
  • Status : INVALID

Summary of the analysis

Trends
Short term: Neutral
Underlying: Bearish
Technical indicators
67%
0%
33%
My opinion
Bearish under 0.393546 USD
My targets
0.291355 USD (-23.46%)
My analysis
Has the basic bearish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bearish trend or a rebound. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 0.393546 USD remains possible. It is advisable to trade DECENTRALAND - MANA/USD with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 0.393546 USD. The next bearish objective for sellers is set at 0.291355 USD. A bearish break of this support would revive the bearish momentum. PS: if there is a bullish break in the resistance located at 0.393546 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.

In the very short term, the general bearish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bearish direction is still favored, however the current short term correction should be carefully watched.
Force
0
10
0.4

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 SprangsOpportunities. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Daily

Additional analysis

Quotes

The DECENTRALAND - MANA/USD rating is 0.380653 USD. The price registered an increase of +8.46% over 5 days with the lowest point at 0.334536 USD and the highest point at 0.389661 USD. The deviation from the price is +13.79% for the low point and -2.31% for the high point.

0.334536
0.389661
0.380653

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



The Central Volumes scanner notes the presence of abnormal volumes:

Central Volumes

Abnormal volumes

Timeframe : 5 days


Abnormal volumes

Timeframe : 20 days

Technical


A technical analysis in Weekly of this DECENTRALAND - MANA/USD chart shows a bearish trend. The signals given by moving averages are 71.43% bearish. This bearish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:

Central Indicators

Bullish trend reversal : Moving Average 20

Type : Bullish

Timeframe : Weekly



In fact, 12 technical indicators on 18 studied are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Weekly

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly


Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : Weekly


Momentum indicator is back over 0

Type : Bullish

Timeframe : Weekly



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
S1
R1
R2
R3
Price


S1PriceR1R2R3
ProTrendLines 0.291355 0.380653 1.081417 2.042230 3.474100
Change (%) -23.46% - +184.10% +436.51% +812.67%
Change -0.089298 - +0.700764 +1.661577 +3.093447
Level Major - Minor Minor 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
Standard0.3065940.3251920.3523240.3709220.3980540.4166520.443784
Camarilla0.3668800.3710720.3752640.3794560.3836480.3878400.392032
Woodie0.3108610.3273260.3565910.3730560.4023210.4187860.448051
Fibonacci0.3251920.3426610.3534530.3709220.3883910.3991830.416652


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.2363400.2653040.3084010.3373650.3804620.4094260.452523
Camarilla0.3316800.3382860.3448910.3514970.3581030.3647080.371314
Woodie0.2434060.2688370.3154670.3408980.3875280.4129590.459589
Fibonacci0.2653040.2928320.3098380.3373650.3648930.3818990.409426


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.2151390.2402850.2746080.2997540.3340770.3592230.393546
Camarilla0.2925770.2980280.3034800.3089310.3143820.3198340.325285
Woodie0.2197280.2425790.2791970.3020480.3386660.3615170.398135
Fibonacci0.2402850.2630020.2770370.2997540.3224710.3365060.359223

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): 49.67
MACD (12,26,9): -0.0465
Directional Movement: 1.473514
AROON (14): -50.000000
DEMA (21): 0.284649
Parabolic SAR (0,02-0,02-0,2): 0.265431
Elder Ray (13): 0.031993
Super Trend (3,10): 0.429302
Zig ZAG (10): 0.381339
VORTEX (21): 1.0302
Stochastique (14,3,5): 58.02
TEMA (21): 0.312382
Williams %R (14): -11.30
Chande Momentum Oscillator (20): 0.015351
Repulse (5,40,3): 23.7117
ROCnROLL: -1
TRIX (15,9): -1.9568
Courbe Coppock: 29.53
MA7: 0.357481
MA20: 0.312520
MA50: 0.302133
MA100: 0.319375
MAexp7: 0.331843
MAexp20: 0.355487
MAexp50: 0.508657
MAexp100: 0.699288
Price / MA7: +6.48%
Price / MA20: +21.80%
Price / MA50: +25.99%
Price / MA100: +19.19%
Price / MAexp7: +14.71%
Price / MAexp20: +7.08%
Price / MAexp50: -25.17%
Price / MAexp100: -45.57%

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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