DECENTRALAND - MANA/USD

- USD (-)

- Real time data - Cryptocompare

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Change:	-
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Type:	Cryptocurrencies
Ticker:	MANAUSD
ISIN:

DECENTRALAND - MANA/USD - 1H - Technical analysis published on 03/21/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Bullish

Technical indicators

39%

17%

44%

My opinion

Bullish above 0.634734 USD

My targets

0.655500 USD (+2.57%)

0.682593 USD (+6.81%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on DECENTRALAND - MANA/USD as long as the price remains well above 0.634734 USD. The buyers' bullish objective is set at 0.655500 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.682593 USD. If there is any crossing, the next objective would be the resistance located at 0.705446 USD.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

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 Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The DECENTRALAND - MANA/USD price is 0.639061 USD. The price is lower by -0.10% since the last closing and was between 0.620151 USD and 0.648306 USD. This implies that the price is at +3.05% from its lowest and at -1.43% from its highest.

0.620151

0.648306

0.639061

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

Bearish opening

Type : Bearish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

Abnormal volumes on DECENTRALAND - MANA/USD were detected by the Central Volumes scanner:

Abnormal volumes

Timeframe : 20 days

Technical

Technical analysis of this 1H chart of DECENTRALAND - MANA/USD indicates that the overall trend is bullish. 75.00% of the signals given by moving averages are bullish. This bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : 1 hour

Technical indicators are slightly bullish. There is therefore considerable uncertainty about the continuation of the increase.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Price is back over the pivot point

Type : Bullish

Timeframe : 1 hour

Momentum indicator is back over 0

Type : Bullish

Timeframe : 1 hour

Williams %R indicator is back over -50

Type : Bullish

Timeframe : 1 hour

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Near horizontal support

Type : Bullish

Timeframe : 1 hour

The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:

Bullish harami cross

Type : Bullish

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.560749	0.613799	0.634734	0.639061	0.655500	0.682593	0.705446
Change (%)	-12.25%	-3.95%	-0.68%	-	+2.57%	+6.81%	+10.39%
Change	-0.078312	-0.025262	-0.004327	-	+0.016439	+0.043532	+0.066385
Level	Major	Intermediate	Minor	-	Intermediate	Minor	Intermediate

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
Standard	0.480340	0.513261	0.576479	0.609400	0.672618	0.705539	0.768757
Camarilla	0.613259	0.622072	0.630884	0.639697	0.648510	0.657323	0.666135
Woodie	0.495489	0.520835	0.591628	0.616974	0.687767	0.713113	0.783906
Fibonacci	0.513261	0.549986	0.572675	0.609400	0.646125	0.668814	0.705539

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.339441	0.474560	0.549214	0.684333	0.758987	0.894106	0.968760
Camarilla	0.566179	0.585409	0.604638	0.623867	0.643096	0.662325	0.681555
Woodie	0.309208	0.459444	0.518981	0.669217	0.728754	0.878990	0.938527
Fibonacci	0.474560	0.554694	0.604200	0.684333	0.764467	0.813973	0.894106

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.246337	0.334466	0.493752	0.581881	0.741167	0.829296	0.988582
Camarilla	0.584999	0.607679	0.630358	0.653038	0.675718	0.698397	0.721077
Woodie	0.281916	0.352255	0.529331	0.599670	0.776746	0.847085	1.024161
Fibonacci	0.334466	0.428979	0.487369	0.581881	0.676394	0.734784	0.829296

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):	60.63
MACD (12,26,9):	0.0065
Directional Movement:	1.064990
AROON (14):	-14.285714
DEMA (21):	0.639887
Parabolic SAR (0,02-0,02-0,2):	0.642696
Elder Ray (13):	0.002668
Super Trend (3,10):	0.610280
Zig ZAG (10):	0.636449
VORTEX (21):	1.0372
Stochastique (14,3,5):	49.67
TEMA (21):	0.638135
Williams %R (14):	-40.57
Chande Momentum Oscillator (20):	0.004859
Repulse (5,40,3):	0.5284
ROCnROLL:	1
TRIX (15,9):	0.2116
Courbe Coppock:	1.29

MA7:	0.631770
MA20:	0.683788
MA50:	0.569799
MA100:	0.525117
MAexp7:	0.633956
MAexp20:	0.630127
MAexp50:	0.618439
MAexp100:	0.621792
Price / MA7:	+1.15%
Price / MA20:	-6.54%
Price / MA50:	+12.16%
Price / MA100:	+21.70%
Price / MAexp7:	+0.81%
Price / MAexp20:	+1.42%
Price / MAexp50:	+3.33%
Price / MAexp100:	+2.78%

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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Londinia AI

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