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 11/12/2023 (GMT)

Timeframe : Weekly
- Analysis generated on
Status : NEUTRAL

Summary of the analysis

Trends

Short term: Bullish

Underlying: Slightly bearish

Technical indicators

72%

22%

My opinion

Neutral between 0.411763 USD and 0.530325 USD

My targets

My analysis

The short-term increase on DECENTRALAND - MANA/USD remains moderate but could challenge the slightly bearish basic trend. It is difficult to advise a trading direction under these conditions. The first resistance is located at 0.530325 USD. The first support is located at 0.411763 USD. You could remain on the sidelines waiting for a more pronounced price movement on this instrument. A new analysis could then be carried out to provide clearer signals.

In the very short term, technical indicators are bullish and could soon allow change to a bullish sentiment.

Comment on the analysis

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:

Additional analysis

Quotes

The DECENTRALAND - MANA/USD rating is 0.462302 USD. The price registered an increase of +9.25% over 5 days and has been traded over the last 5 days between 0.379712 USD and 0.476985 USD. This implies that the 5 day price is +21.75% from its lowest point and -3.08% from its highest point.

0.379712

0.476985

0.462302

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 DECENTRALAND - MANA/USD:

The Central Records scanner for higher/lower results shows an item:

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Abnormal volumes on DECENTRALAND - MANA/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 Weekly chart of DECENTRALAND - MANA/USD indicates that the overall trend is slightly bearish. 60.71% of the signals given by moving averages are bearish. Caution: the slightly bullish signals currently given by short-term moving averages could cause a reversal of the trend. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:

Bullish trend reversal : Moving Average 50

Type : Bullish

Timeframe : Weekly

An assessment of technical indicators shows a strong bullish signal.
But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Weekly

Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : Weekly

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Weekly

No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:

Bearish harami

Type : Bearish

Timeframe : Weekly

Bearish harami cross

Type : Bearish

Timeframe : Weekly

ProTrendLines

Price

	S1	Price	R1	R2	R3
ProTrendLines	0.303039	0.462302	1.081417	2.042230	3.474100
Change (%)	-34.45%	-	+133.92%	+341.75%	+651.48%
Change	-0.159263	-	+0.619115	+1.579928	+3.011798
Level	Intermediate	-	Minor	Minor	Minor

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.328854	0.371397	0.420794	0.463337	0.512734	0.555277	0.604674
Camarilla	0.444908	0.453335	0.461763	0.470191	0.478619	0.487047	0.495475
Woodie	0.332281	0.373111	0.424221	0.465051	0.516161	0.556991	0.608101
Fibonacci	0.371397	0.406518	0.428216	0.463337	0.498458	0.520156	0.555277

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.271807	0.325760	0.397975	0.451928	0.524143	0.578096	0.650311
Camarilla	0.435495	0.447060	0.458626	0.470191	0.481756	0.493322	0.504887
Woodie	0.280939	0.330326	0.407107	0.456494	0.533275	0.582662	0.659443
Fibonacci	0.325760	0.373956	0.403732	0.451928	0.500124	0.529900	0.578096

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.174639	0.222869	0.293201	0.341431	0.411763	0.459993	0.530325
Camarilla	0.330929	0.341797	0.352665	0.363533	0.374401	0.385269	0.396138
Woodie	0.185690	0.228395	0.304252	0.346957	0.422814	0.465519	0.541376
Fibonacci	0.222869	0.268160	0.296140	0.341431	0.386722	0.414702	0.459993

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	58.15
MACD (12,26,9):	-0.0189
Directional Movement:	12.956604
AROON (14):	57.142857
DEMA (21):	0.338657
Parabolic SAR (0,02-0,02-0,2):	0.287960
Elder Ray (13):	0.087827
Super Trend (3,10):	0.290984
Zig ZAG (10):	0.463940
VORTEX (21):	1.1193
Stochastique (14,3,5):	85.48
TEMA (21):	0.388043
Williams %R (14):	-17.44
Chande Momentum Oscillator (20):	0.164103
Repulse (5,40,3):	24.1271
ROCnROLL:	-1
TRIX (15,9):	-1.5947
Courbe Coppock:	16.56

MA7:	0.436178
MA20:	0.395634
MA50:	0.335024
MA100:	0.323544
MAexp7:	0.396820
MAexp20:	0.379441
MAexp50:	0.507247
MAexp100:	0.691101
Price / MA7:	+5.99%
Price / MA20:	+16.85%
Price / MA50:	+37.99%
Price / MA100:	+42.89%
Price / MAexp7:	+16.50%
Price / MAexp20:	+21.84%
Price / MAexp50:	-8.86%
Price / MAexp100:	-33.11%

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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