DECENTRALAND - MANA/USD

- USD (-)

- Real time data - Cryptocompare

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Type:	Cryptocurrencies
Ticker:	MANAUSD
ISIN:

DECENTRALAND - MANA/USD - 1H - Technical analysis published on 10/15/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

50%

17%

33%

My opinion

Bullish above 0.301957 USD

My targets

0.313852 USD (+1.41%)

0.342643 USD (+10.72%)

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 0.301957 USD. The buyers' bullish objective is set at 0.313852 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.342643 USD. If there is any crossing, the next objective would be the resistance located at 0.417884 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

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

7.1

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

DECENTRALAND - MANA/USD rating 0.309474 USD. The price is lower by -0.10% since the last closing with the lowest point at 0.307704 USD and the highest point at 0.310870 USD. The deviation from the price is +0.58% for the low point and -0.45% for the high point.

0.307704

0.310870

0.309474

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

Bullish opening

Type : Bullish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

Technical

Technical analysis of DECENTRALAND - MANA/USD in 1H shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

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:

MACD crosses DOWN its Moving Average

Type : Bearish

Timeframe : 1 hour

Price is back over the pivot point

Type : Bullish

Timeframe : 1 hour

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

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.288672	0.291923	0.301957	0.309474	0.313852	0.417884	0.476498
Change (%)	-6.72%	-5.67%	-2.43%	-	+1.41%	+35.03%	+53.97%
Change	-0.020802	-0.017551	-0.007517	-	+0.004378	+0.108410	+0.167024
Level	Minor	Intermediate	Intermediate	-	Intermediate	Intermediate	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	0.274795	0.283419	0.296604	0.305228	0.318413	0.327037	0.340222
Camarilla	0.303792	0.305791	0.307790	0.309789	0.311788	0.313787	0.315787
Woodie	0.277076	0.284559	0.298885	0.306368	0.320694	0.328177	0.342503
Fibonacci	0.283419	0.291750	0.296897	0.305228	0.313559	0.318706	0.327037

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.246892	0.259413	0.278809	0.291330	0.310726	0.323247	0.342643
Camarilla	0.289427	0.292353	0.295278	0.298204	0.301130	0.304056	0.306981
Woodie	0.250329	0.261132	0.282246	0.293049	0.314163	0.324966	0.346080
Fibonacci	0.259413	0.271606	0.279138	0.291330	0.303523	0.311055	0.323247

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.148659	0.193713	0.247871	0.292925	0.347083	0.392137	0.446295
Camarilla	0.274745	0.283839	0.292934	0.302028	0.311122	0.320217	0.329311
Woodie	0.153210	0.195989	0.252422	0.295201	0.351634	0.394413	0.450846
Fibonacci	0.193713	0.231612	0.255026	0.292925	0.330824	0.354238	0.392137

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):	65.54
MACD (12,26,9):	0.0028
Directional Movement:	19.225947
AROON (14):	28.571429
DEMA (21):	0.310066
Parabolic SAR (0,02-0,02-0,2):	0.313498
Elder Ray (13):	0.001279
Super Trend (3,10):	0.302496
Zig ZAG (10):	0.308923
VORTEX (21):	1.2204
Stochastique (14,3,5):	59.35
TEMA (21):	0.311013
Williams %R (14):	-46.68
Chande Momentum Oscillator (20):	0.002605
Repulse (5,40,3):	-0.2067
ROCnROLL:	1
TRIX (15,9):	0.1430
Courbe Coppock:	4.11

MA7:	0.295093
MA20:	0.298422
MA50:	0.285388
MA100:	0.295884
MAexp7:	0.308870
MAexp20:	0.306350
MAexp50:	0.302002
MAexp100:	0.298045
Price / MA7:	+4.87%
Price / MA20:	+3.70%
Price / MA50:	+8.44%
Price / MA100:	+4.59%
Price / MAexp7:	+0.20%
Price / MAexp20:	+1.02%
Price / MAexp50:	+2.47%
Price / MAexp100:	+3.83%

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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