DECENTRALAND - MANA/USD

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- Real time data - Cryptocompare

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Type:	Cryptocurrencies
Ticker:	MANAUSD
ISIN:

DECENTRALAND - MANA/USD - 1H - Technical analysis published on 04/10/2024 (GMT)

Timeframe : 1H
- Analysis generated on
Status : NEUTRAL

Summary of the analysis

Trends

Short term: Bullish

Underlying: Neutral

Technical indicators

78%

22%

My opinion

Neutral between 0.597938 USD and 0.616507 USD

My targets

My analysis

The basic trend is neutral and the short term is tentatively bullish. With such a pattern, it is difficult to favour buying or selling. The first resistance is located at 0.616507 USD. The first support is located at 0.597938 USD. However, the chances of finding the first resistance before the first support are slightly higher. Without a basic trend, it is be important to monitor the price response at these levels. A bullish break in resistance or a bearish break in support could provide a signal that would set a new direction for the basic trend. On the other hand, if the price is blocked by resistance or support, it could be attractive to trade against the trend on the last short-term movement registered by DECENTRALAND - MANA/USD.

Technical indicators are bullish in the very short term 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 Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The DECENTRALAND - MANA/USD price is 0.611876 USD. On the day, this instrument lost -0.05% and was traded between 0.579265 USD and 0.631526 USD over the period. The price is currently at +5.63% from its lowest and -3.11% from its highest.

0.579265

0.631526

0.611876

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend 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:

Technical

Technical analysis of DECENTRALAND - MANA/USD in 1H shows a neutral overall trend. The slightly bullish signals currently given by short-term moving averages could allow the overall trend to return to a slightly bullish trend. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

The Central Indicators scanner found this result concerning these indicators:

Aroon indicator bullish trend

Type : Bullish

Timeframe : 1 hour

The analysis of the price chart with Central Patterns scanners does not return any result.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.569532	0.583841	0.597938	0.611876	0.616507	0.636736	0.692149
Change (%)	-6.92%	-4.58%	-2.28%	-	+0.76%	+4.06%	+13.12%
Change	-0.042344	-0.028035	-0.013938	-	+0.004631	+0.024860	+0.080273
Level	Major	Minor	Major	-	Minor	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	0.566387	0.585363	0.598784	0.617760	0.631181	0.650157	0.663578
Camarilla	0.603296	0.606266	0.609235	0.612205	0.615175	0.618145	0.621114
Woodie	0.563610	0.583974	0.596007	0.616371	0.628404	0.648768	0.660801
Fibonacci	0.585363	0.597739	0.605384	0.617760	0.630136	0.637781	0.650157

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.428901	0.495396	0.542978	0.609473	0.657055	0.723550	0.771132
Camarilla	0.559188	0.569645	0.580102	0.590559	0.601016	0.611473	0.621930
Woodie	0.419444	0.490668	0.533521	0.604745	0.647598	0.718822	0.761675
Fibonacci	0.495396	0.538974	0.565896	0.609473	0.653051	0.679973	0.723550

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.249048	0.393066	0.531417	0.675435	0.813786	0.957804	1.096155
Camarilla	0.592117	0.618000	0.643884	0.669768	0.695652	0.721536	0.747420
Woodie	0.246215	0.391649	0.528584	0.674018	0.810953	0.956387	1.093322
Fibonacci	0.393066	0.500931	0.567570	0.675435	0.783300	0.849939	0.957804

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):	51.42
MACD (12,26,9):	-0.0025
Directional Movement:	0.474207
AROON (14):	71.428571
DEMA (21):	0.598909
Parabolic SAR (0,02-0,02-0,2):	0.581870
Elder Ray (13):	0.004543
Super Trend (3,10):	0.616782
Zig ZAG (10):	0.607427
VORTEX (21):	0.9585
Stochastique (14,3,5):	88.82
TEMA (21):	0.599682
Williams %R (14):	0.00
Chande Momentum Oscillator (20):	0.008760
Repulse (5,40,3):	1.5094
ROCnROLL:	1
TRIX (15,9):	-0.1086
Courbe Coppock:	0.86

MA7:	0.602146
MA20:	0.631014
MA50:	0.634998
MA100:	0.547913
MAexp7:	0.603195
MAexp20:	0.602922
MAexp50:	0.607327
MAexp100:	0.607023
Price / MA7:	+1.62%
Price / MA20:	-3.03%
Price / MA50:	-3.64%
Price / MA100:	+11.67%
Price / MAexp7:	+1.44%
Price / MAexp20:	+1.49%
Price / MAexp50:	+0.75%
Price / MAexp100:	+0.80%

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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