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

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  • Timeframe : 1H
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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
0
10
7.1

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:
15 min. Daily Weekly

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.

Central Gaps

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:

Central Indicators

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
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
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
Standard0.2747950.2834190.2966040.3052280.3184130.3270370.340222
Camarilla0.3037920.3057910.3077900.3097890.3117880.3137870.315787
Woodie0.2770760.2845590.2988850.3063680.3206940.3281770.342503
Fibonacci0.2834190.2917500.2968970.3052280.3135590.3187060.327037


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.2468920.2594130.2788090.2913300.3107260.3232470.342643
Camarilla0.2894270.2923530.2952780.2982040.3011300.3040560.306981
Woodie0.2503290.2611320.2822460.2930490.3141630.3249660.346080
Fibonacci0.2594130.2716060.2791380.2913300.3035230.3110550.323247


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.1486590.1937130.2478710.2929250.3470830.3921370.446295
Camarilla0.2747450.2838390.2929340.3020280.3111220.3202170.329311
Woodie0.1532100.1959890.2524220.2952010.3516340.3944130.450846
Fibonacci0.1937130.2316120.2550260.2929250.3308240.3542380.392137

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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