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 10/26/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

39%

22%

My opinion

Bearish under 0.294035 USD

My targets

0.274124 USD (-3.49%)

0.253772 USD (-10.66%)

My analysis

DECENTRALAND - MANA/USD is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 0.294035 USD. The next support located at 0.274124 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 0.253772 USD. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.

In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.

Force

6.1

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 0.284047 USD. On the day, this instrument lost -0.12% and was between 0.278113 USD and 0.294610 USD. This implies that the price is at +2.13% from its lowest and at -3.59% from its highest.

0.278113

0.294610

0.284047

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

Bearish opening

Type : Bearish

Timeframe : Openning

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

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

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

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

An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S2	S1	Price	R1	R2	R3
ProTrendLines	0.253772	0.274124	0.284047	0.309789	0.320134	0.330623
Change (%)	-10.66%	-3.49%	-	+9.06%	+12.70%	+16.40%
Change	-0.030275	-0.009923	-	+0.025742	+0.036087	+0.046576
Level	Intermediate	Major	-	Intermediate	Intermediate	Minor

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	0.233860	0.255192	0.269785	0.291117	0.305710	0.327042	0.341635
Camarilla	0.274500	0.277793	0.281086	0.284379	0.287672	0.290965	0.294258
Woodie	0.230492	0.253507	0.266417	0.289432	0.302342	0.325357	0.338267
Fibonacci	0.255192	0.268915	0.277393	0.291117	0.304840	0.313318	0.327042

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.236656	0.263614	0.294035	0.320993	0.351414	0.378372	0.408793
Camarilla	0.308677	0.313937	0.319196	0.324456	0.329716	0.334976	0.340235
Woodie	0.238388	0.264480	0.295767	0.321859	0.353146	0.379238	0.410525
Fibonacci	0.263614	0.285533	0.299074	0.320993	0.342912	0.356453	0.378372

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

Technical indicators

Moving averages

RSI (14):	38.83
MACD (12,26,9):	-0.0044
Directional Movement:	-22.594940
AROON (14):	-57.142858
DEMA (21):	0.280632
Parabolic SAR (0,02-0,02-0,2):	0.292428
Elder Ray (13):	-0.000978
Super Trend (3,10):	0.290223
Zig ZAG (10):	0.283665
VORTEX (21):	0.8232
Stochastique (14,3,5):	28.59
TEMA (21):	0.280471
Williams %R (14):	-66.53
Chande Momentum Oscillator (20):	-0.005412
Repulse (5,40,3):	0.6182
ROCnROLL:	2
TRIX (15,9):	-0.2379
Courbe Coppock:	3.40

MA7:	0.309262
MA20:	0.302224
MA50:	0.292868
MA100:	0.295013
MAexp7:	0.283154
MAexp20:	0.286716
MAexp50:	0.295018
MAexp100:	0.302571
Price / MA7:	-8.15%
Price / MA20:	-6.01%
Price / MA50:	-3.01%
Price / MA100:	-3.72%
Price / MAexp7:	+0.32%
Price / MAexp20:	-0.93%
Price / MAexp50:	-3.72%
Price / MAexp100:	-6.12%

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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