Decentraland
Decentraland (MANA) - April 9hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a nice day.
-------------------------------------
(MANAUSDT 1W chart)
2.2 or higher: Expected to create a new wave.
(1D chart)
(buy)
- After confirming that it is supported in 2.2 or higher
(Stop Loss)
- When it falls below 2.1178 and receives resistance
(Sell)
- When resistance is received in the range of 3.2690-3.6862
- When receiving resistance near 4.9455
If it rises above 2.9026, a sharp move is expected, so trade cautiously.
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move accordingly as price and volume move.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet.
(Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
---------------------------------
Tezos Joins the Metaverse Race. How Does it Compare to Others?Tz1and, a metaverse project based on the Tezos ecosystem (XTZ) has been slowly gaining some traction lately. Is it an early stage project worth investing in? A look at how it stacks up against the other major metaverse platforms out there.
Project - World Explorer? / Decentralized? / Selling Points
tz1and - Yes / Yes / Support of artist communities and indie creatives
Decentraland - Yes / Yes / Most support from business and corporate organizations
Sandbox - No / No / Celebrity attention and media hype, strong financial performance in 2021
Monaverse - No / No / Professionally designed and curated metaverse projects
Cryptovoxels - Yes / No / Runs on mobile, one of the oldest metaverse projects out there
As mentioned before, the metaverse and Web3 projects are all still in its early stages so anything could happen. But it's good to know what's been happening, either way.
www.tz1and.com
MANA/USDT by CryptoTradersWWPrice is reaching the falling triangle's apex, indicating that a substantial move is on the way.
With a pattern like this, it's critical to stay neutral until we see evidence of a breakthrough.
Below the $2 support, there is a large hole, which might lead to a rapid decline if this level is lost as support. The bulls will have to work a little harder to invalidate this bearish pattern and take out the previous lower high of $3.48.
<---------------------------->
☑️ Follow, Comment & Like
☑️ Create a civil and healty discuss in the comments and share with me your thoughts
Thanks and Happy Trading!
MANA | Getting Ready for Massive Breakout..!!
#MANA (Update)
In daily timeframe, MANA has been Moving in Symmetrical Triangle Pattern.
Seems like Ready for Another Massive Bullish Wave.
If Triangle Broken Upside, Expecting Massive Bullish Wave like October 2021 (History will just repeat itself. ✍️)
Please like the idea for Support & Subscribe for More ideas like this and share your ideas and charts in Comments Section..!!
Thanks for Your Love & Support..!!
MANAUSDT TECHNICAL ANALYSIS@EngineeringRobo cloud still RED CLOUD but getting closer to turn green in daily time frame, it already turned GREEN CLOUD in 3 hours time frame. Last multiple candles staying on down trend-line and if one candle open-close completely above to down trendline, this mean it will completely break out triangle , stay above to up trendline and it may gain more. We have received EARLY BIRD and BUY 2 signal from @EngineeringRobo as well.
Let's follow our chart closely and do not forget to follow me as well.
"NFA"
The Housing Market is About to Pop. How Does This Affect Crypto?The US Census Bureau recently published population numbers for cities across the US, and the numbers don't look too good: most large urban centers in the country have taken significant population losses in 2020-2021. Politicians and media pundits typically blame COVID and supply chain woes, though these trends were already happening even before the pandemic - the lockdown only accelerated what was already there. Los Angeles lost around 1% of its total population - which is already significant - but San Francisco and New York lost a staggering 6.7% and 6.9%, respectively.
Most US urban centers have been struggling with a housing shortage crisis in the last few decades as housing costs, rents, and costs of living have been outpacing both inflation and wage growth exponentially since the financial crisis "recovery" in 2008. (This was around the time Bitcoin was invented, coincidentally.) In addition to rising crime, homelessness, and loss of quality of life, the well-paying jobs are also leaving the state citing high taxes and unfavorable business policies - giving people less reason to be there as well.
The housing market is no different than other markets in that it operates on supply and demand. Housing advocates typically propose building more housing units (increase the supply) to bring costs down, but most cities have opted for the other "solution" - which is to bring costs down by decreasing the desirability of the city itself. (It's an unfortunate series of events, but it is what it is.) Nominal vs real pricing charts of US housing shows that listed prices are vastly inflated compared to its "real" value, which is contributing both to the bubble and the loss of quality in housing construction itself.
San Francisco's Case-Shiller Index was chosen since it's objectively the most housing-inflated area right now, objectively speaking. The housing bubble is most likely to pop there, then cascade downwards onto other markets as people's faith in its growth starts to stagger. The reasons above (combined with the Fed's interest rate hikes this year) are why even Wall Street and big companies have taken an interest in crypto, NFTs, and metaverse assets lately, since they see it as a hedge against a weakened dollar and a recession (potentially a depression) looming in the horizon. At this point it's not a matter of "if", but "when".
For crypto/metaverse investors, the thing to keep an eye on is the level of trust that the general public has in the banking system right now. When the housing bubble pops, it could potentially lead to a liquidity event of a magnitude never before seen, since technically there would be a lot cash sitting in people's hands, looking for places to invest.
- The pessimistic outcome for crypto investors is the "money running scared" scenario - where panicked money runs back to the banks and other "conservative" investments assets (bonds, cash) that are seen to have less volatility overall. This may lead people to cash out and leave the crypto ecosystem altogether, causing a downturn in the asset class overall. Keep in mind, though, that housing, cash, and bonds have *traditionally* been seen as "reliable" investment choices, but in recent years those are the exact assets that have been inflating - which has lead many experts to question if they are functioning in the way it was originally intended overall. If that perception becomes shattered, a lot could change overnight.
- The optimistic outcome for crypto investors is if the money that was intended for buying housing or other related assets becomes "free", potentially going into alternative assets, which includes crypto. Since a major housing bubble at this scale hasn't happened here there's not much data to show one way or another but we do know that the Evergrande crisis in China has had basically no (arguably inverse) effects on the crypto market as a whole. Panicked money may flow into crypto in ways never before if it's seen as a safe-haven against the turbulence of the housing market and the USD as a whole.
Realistically, there will probably be a little bit of both going on, but being that the size of the US housing market is much bigger than the size of the crypto market cap, crypto needs much less of a % of money flowing inwards in order for it to grow. The housing market, on the other hand, has nowhere to go but down. Time will tell, but it would be advisable for people to be prudent about where to put their money this year, because a lot could happen very quickly as the United States faces its biggest financial crisis in decades in the near future.
I will not burn my hands to it.. Folks,
Here it is the chart on Mana also known als Decentraland...
This is my view and my learnings.. I only look for price action and will never use any (fancy) indicators or even volume..
I don't believe in it..
Every bar has it's own story to tell and it is for you to unlock it..
Feel free to comment, share and make sure you follow me for updates..
MANA.Usdt (Y22.P1.E1). Going long Hi All,
Have traded this in our group with both spot and leverage, taken some profit here and looking for consolidation which might play out the inverted H&S for the smaller time frame.
How to trade this, if it retests the neckline, enter or see a bull flag on the lower time frames or enter the breakout of the macro TL
#MANA #decentraland
All the best,
S.SAri
Easy 20% on MANAMANA has tremendous upside potential right now as you can see with the volume being ridiculously low which usually precedes a giga pump from what I've seen during the previous cycles. There is also that inverse H&S pattern forming on the 1D chart which is what we want priming it for an even more bigger pump !
Also after seeing synthetics, privacy and defi coins do giga pumps... Now would technically be time for the GameFi and Metaverse coins to do their giga pumps so expect a lot of volatility in those categories for the next 2-3 weeks.
On top of that the full moon phase (which signals potential for a rally) has started and we can see the trend angle has declined to form a nice support around 2.30-2.40.
First Tp is at 2.88 (20%) short term, second at ~3.60(mid-term) and a third one at 5.35(long-term) For each TP I sell around 20% of my stack which let's me get back my initial investment + some nice profits and still have 40% of my stack for HODLing until I'm satisfied.
As always DYOR you are the only one you can really trust so I truly suggest you learn TA and FA so you can depend only on yourself 'cuz there is a lot of "influencers" being bought by projects and exchanges to shill coins only to make 'em pump and then dump on those who followed their advice. my goal is to provide the most accurate prediction for you guys to make it out as millionaires !
See ya soon traders ! take care of yourselves until then :D
Decentraland (MANA)Metaverse cryptocurrencies are popular among consumers searching for undervalued and underappreciated projects to invest in during the current crypto bear market. Years of experience in crypto have taught me that markets often exhibit a protracted and painful downturn followed by a brief bullish run in which you can easily see ten or twenty times your return if you invest in the correct projects.
This article examines our selection of the best three Metaverse cryptocurrencies that you should include in your portfolio.
$2.43 Decentraland (MANA) - $3.68 Billion Market Cap
+7.7% in the last seven days
MANA surge around the corner?Some would disagree, but to me it seems if the market goes bullish again MANA is prime for huge pump.
Some bullish factors for crypto:
1) Biden signs EO embracing crypto
2) UAE embraces crypto
3) Ukraine legalizes crypto
4) Geo-political uncertainty, crypto alternative currency
5) Whales pulling BTC off exchanges by the billions
6) Ukraine/Russia conflict likely almost over (markets calm)
For MANA, it's still a hype meta token where companies like Victoria's Secret and others are still, as of this past week, jumping on the decentraland bandwagon.
For all the reasons I've listed on my chart, I'm leaning bullish MANA. Of course, it will move with the market at-large, so wide-spread sell-off destroys all bullish sentiment.