DECENTRALAND - MANA/USD - Daily - Technical analysis published on 06/20/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Court terme:
Neutral
De fond:
Bullish
Technical indicators
17%
33%
50%
My opinion
Bullish above 0.054277 USD
My targets
0.062632 USD (+11.44%)
0.071760 USD (+27.69%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on Decentraland - MANA/USD. As long as you are above the support located at 0.054277 USD, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 0.062632 USD would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 0.071760 USD as an objective. If the support 0.054277 USD were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.
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 Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The Decentraland - MANA/USD rating is 0.056200 USD. On the day, this instrument lost -3.45% with the lowest point at 0.055576 USD and the highest point at 0.058948 USD. The deviation from the price is +1.12% for the low point and -4.66% for the high point.0.055576
0.058948
0.056200
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:
Technical
A technical analysis in Daily of this Decentraland - MANA/USD chart shows a bullish trend. 71.43% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by the short-term moving averages indicate that this bullish trend is showing signs of running out of steam. 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 : Daily
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 3 are bullish, 9 are neutral and 6 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:
MACD indicator: bullish divergence
Type : Bullish
Timeframe : Daily
RSI indicator is back over 50
Type : Bullish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Momentum indicator is back under 0
Type : Bearish
Timeframe : Daily
Williams %R indicator is back over -50
Type : Bullish
Timeframe : Daily
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Resistance of channel is broken
Type : Bullish
Timeframe : Daily
Resistance of triangle is broken
Type : Bullish
Timeframe : Daily
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 0.044130 | 0.048482 | 0.054277 | 0.056200 | 0.062632 | 0.071760 |
| Change (%) | -21.48% | -13.73% | -3.42% | - | +11.44% | +27.69% |
| Change | -0.012070 | -0.007718 | -0.001923 | - | +0.006432 | +0.015560 |
| Level | Minor | Minor | Major | - | 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 | 0.052227 | 0.054038 | 0.056122 | 0.057933 | 0.060017 | 0.061828 | 0.063912 |
| Camarilla | 0.057135 | 0.057492 | 0.057849 | 0.058206 | 0.058563 | 0.058920 | 0.059277 |
| Woodie | 0.052363 | 0.054106 | 0.056258 | 0.058001 | 0.060153 | 0.061896 | 0.064048 |
| Fibonacci | 0.054038 | 0.055526 | 0.056445 | 0.057933 | 0.059421 | 0.060340 | 0.061828 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.045525 | 0.050214 | 0.054514 | 0.059203 | 0.063503 | 0.068192 | 0.072492 |
| Camarilla | 0.056343 | 0.057167 | 0.057991 | 0.058815 | 0.059639 | 0.060463 | 0.061287 |
| Woodie | 0.045332 | 0.050117 | 0.054320 | 0.059106 | 0.063309 | 0.068095 | 0.072298 |
| Fibonacci | 0.050214 | 0.053647 | 0.055769 | 0.059203 | 0.062636 | 0.064758 | 0.068192 |
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): | 48.28 | |
| MACD (12,26,9): | 0.0002 | |
| Directional Movement: | 1.743554 | |
| AROON (14): | 21.428572 | |
| DEMA (21): | 0.057781 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.052644 | |
| Elder Ray (13): | -0.000087 | |
| Super Trend (3,10): | 0.044494 | |
| Zig ZAG (10): | 0.056179 | |
| VORTEX (21): | 0.9949 | |
| Stochastique (14,3,5): | 35.56 | |
| TEMA (21): | 0.057222 | |
| Williams %R (14): | -85.87 | |
| Chande Momentum Oscillator (20): | -0.002817 | |
| Repulse (5,40,3): | -5.2598 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.1356 | |
| Courbe Coppock: | 3.69 |
| MA7: | 0.057242 | |
| MA20: | 0.057243 | |
| MA50: | 0.055392 | |
| MA100: | 0.054815 | |
| MAexp7: | 0.057156 | |
| MAexp20: | 0.057302 | |
| MAexp50: | 0.056099 | |
| MAexp100: | 0.054318 | |
| Price / MA7: | -1.82% | |
| Price / MA20: | -1.82% | |
| Price / MA50: | +1.46% | |
| Price / MA100: | +2.53% | |
| Price / MAexp7: | -1.67% | |
| Price / MAexp20: | -1.92% | |
| Price / MAexp50: | +0.18% | |
| Price / MAexp100: | +3.46% |
This member declared not having a position on this financial instrument or a related financial instrument.
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