A week later, same chart.Be patient. The market made it through the Fed last week. MANA has just been filling in the lines this week. Super low volume. MACD looks good on multiple time frames, pointing up on the daily. BTC 50 and 100 still don't look great...but MACD is good. We'll see what BTC does at 48K?
Decentraland
MANA - Daily Chart ✅The Fib retracement shows that the price has pumped and now is retesting a resistance level.
The market is showing SELL / NEUTRAL volumes for MANA.
Two resistance levels push down on value, and two support levels hold the price high and show strength. The higher band can work as resistance.
The upper Bollinger Band can push down the value, and the middle band pushes the price up.
If the price crosses the local resistance and stays above it for confirmation, we can open our long positions, aim for the next resistance, and use it as a TP point.
The RSI shows that MANA is above the 50 levels, the center.
If you want to know how the RSI indicator works, take a look at this Educational Idea. It'll help you have better readings:
Current Market Price: $3.0258
Let me know your ideas.
Good luck.
Chromia 12H TA : 01.15.22 : $CHRAll supports and resistances are marked on the chart. As we can see, the price is in an important range and recommended to keep an eye on it ...
Follow our other analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 15.Jan.22
⚠️(DYOR)
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Decentraland 12H TA : 01.15.22 : $MANAAll supports and resistances are marked on the chart. As we can see, the price is in an important range and recommended to keep an eye on it ...
Follow our other analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 15.Jan.22
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
BITCOIN 2H TA : 01.15.22 : $BTC Well, as you can see in the bitcoin chart in 2H time frame, we see that the price is in an important range, and we will still have the important resistances range of $ 44,400 and $ 45,500 in front of the price . The scenario is still Bearish unless the price breaks these levels and the strength of the break is also very important.
Follow our other analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 15.Jan.22
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
MANA - Outlook (as you asked) ✅Let's see how MANA is behaving.
This is a 4H chart.
The Fib retracement shows that the price had a dump and got corrected to a new support area. We've been in a downtrend for a long while now.
The market is showing NEUTRAL volumes for MANA. We might see an uptrend breakout after more consolidations.
Two resistance levels push down on value, and two support levels hold the price high and show strength. The higher band can work as resistance.
The middle Bollinger Band can push down the value, and the lower band pushes the price up.
If the price crosses the local resistance and stays above it for confirmation, we can open our long positions, aim for the next resistance, and use it as a TP point.
The RSI shows that MANA is above the 50 levels, the center.
If you want to know how the RSI indicator works, take a look at this Educational Idea. It'll help you have better readings:
Current Market Price: $3.0666
Let me know your ideas.
Good luck.
Shibainu Daily TA : 01.12.22 : $SHIBWe see that the price still maintains the support of 240 to 270 and is trying to stabilize above the broken downtrend. Targets and resistance are shown and marked on the chart.
Follow our other analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 12.Jan.22
⚠️(DYOR)
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Ethereum Daily TA : 01.12.22 : $ETHAs you can see, the price has reacted strongly to its static support level that mentioned in the previous analysis and formed a new Pivot. which also overlaps with the correction of the Fibonacci gold ratio (0.618) . Significant resistance is $ 3300 and in case of loss of $ 2900 support the next bearish target is in the range of $ 2300.
Follow our other analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 12.Jan.22
⚠️(DYOR)
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Virtual vs Real Estate (Inflation, Real-Estate, and Government)Gavin Newsom has been bragging about CA's $31B surplus this year but we know that the state has been struggling for a while now. A locked-down economy and people/jobs leaving the state will kind of do that. CA owes the Feds $21B in unemployment debt, btw.
www.sacbee.com
Looking at the budget closer, you'll see that they gave educational institutions a modest increase (not enough to off set the damage COVID regulations they made them follow, of course) while most essential services are actually getting massive cuts.
www.ebudget.ca.gov
That 66% cut in environmental protections is pretty much a slap to the face to environmentalists everywhere. (Maybe that had something to do with why Newsom "disappeared" during the climate summit last year.😂) But Big Pharma and corporate tax cuts are doing great, at least.
If budgets could give the middle finger to taxpayers, this is probably as big as a flip as you could get. We had the chance to get rid of Newsom last year so guess he felt emboldened enough to double-down on the abuse. But it is what it is, I suppose. Kind of too late, now.
Note that despite Newsom's claims of economic recovery, we see a huge increase in labor dev funds, for reasons that should be pretty obvious by now. They know people are leaving and employers aren't hiring so something needs to be done but they can't be honest about it.
Big picture, is this really about COVID, California's labor market, or is it the beginning of the 4th Industrial Revolution, as Andrew Yang and the #YangGang forewarned? "Supply chain issues" may be masking the reality that a lot of those jobs aren't simply coming back, at all.
And it seems fitting that the day this comes out, we see Jerome Powell starting to look panicked about #inflation after a year of denying that it ever existed. Deer caught in the headlights, really. It's obvious that they really have no idea what they're doing at this point.
Either way, we have government loaning each other money with the Feds just printing more money to keep the states afloat on their unsustainable path. It's a house of cards ready to come crumbling down, and it's going to trickle down all the way to state and local budgets, too.
Lots of people probably thought I was crazy to double-down on #crypto during these times but the more I read about this stuff I feel better about the path I took. I often feel like an outsider to traditional financial institutions but maybe that's not a bad thing, after all.
There's going to be a lot of people who claim that the sky is falling but that happens at every downturn so take it with a grain of salt. But it's not all bad -- some sectors will do well so the best thing people can do is to stay focused on areas of growth. 📈
What are those areas? Crypto, #NFTs, software in general, and service sector industries that aren't beholden to supply chain issues and can adapt to new economic landscapes very quickly. The #metaverse will adjust to inflation much better than real-estate, for sure.
We're due for a market correction in the USD at any given moment, anyway. Long-term, it'll be a good thing, though, since all the FOMO in Wall Street and the government has created a monster that's out of control. A crash will fix a lot of that by removing the $$.
Either way, good luck, folks. Been saying a while that the next few years is going to be a roller-coaster so I hope people are prepared for anything to happen. The smarter ones have seen the writing on the wall and are planning accordingly already. 🧐
MANA - Daily Chart ✅Let's see how MANA is behaving.
This is a 1D chart.
The Fib retracement shows that the price had a dump and got corrected to a new support area, and now it's getting support from the local support/resistance area.
The market is showing NEUTRAL / SELL volumes for MANA.
Two resistance levels push down on value, and two support levels hold the price high and show strength. The higher band can work as resistance.
The middle Bollinger Band can push down the value, and the lower band pushes the price up.
If the price crosses the local resistance and stays above it for confirmation, we can open our long positions, aim for the next resistance, and use it as a TP point.
The RSI shows that MANA is below the 50 levels, the center.
If you want to know how the RSI indicator works, take a look at this Educational Idea. It'll help you have better readings:
Current Market Price: $2.8659
Let me know your ideas.
Good luck.
SXPUSDT Daily TA : 01.10.22 : $SXPAll supports and resistances are marked on the chart. As we can see, the price is in an important range and recommended to keep an eye on it ...
Follow our other analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 10.Jan.22
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
MBOXUSDT Daily TA : 01.10.22 : $MBOXAll supports and resistances are marked on the chart. As we can see, the price is in an important range and recommended to keep an eye on it ...
Follow our other analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 10.Jan.22
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
Chiliz Weekly TA : 01.10.22 : $CHZZAll supports and resistances are marked on the chart. As we can see, the price is in an important range and recommended to keep an eye on it ...
Follow our other analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 10.Jan.22
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
40,000$ is lost or what ?! $BTCAs we expected , the price started to fall from the same resistance range and reached the bottom of the downtrend channel, The price recording a new low at $ 39,650 , which is the lowest price in the last 110 days. We expect the price to continue falling again after a short correction in a trading range . (Short-term targets: $ 37,700 to $ 38,500 and $ 35,250 to $ 35,850)
Follow our other analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 10.Jan.22
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
BITCOIN Daily TA : 01.09.22 : $BTCAs you can see in the Daily and 12-H bitcoin charts , we see that the price has lost its important dynamic support in the daily timeframe and is stabilizing below it , an important range that is currently preventing further price falls is the Key Static Range of $ 40 ,500 to $ 42,000, if the price loses this important support the next support is $ 37,400 to $ 39,000 range . (Note that we currently have no positive and bullish view of the chart unless proven otherwise.) Significant resistance levels are shown on the 12-hour chart, as are subsequent bearish targets.
12H TF Analysis :
Follow our other analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 09.Jan.22
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
Still BullishYesterday's bullish scenario is unfolding today. The next couple of hours will be telling. I kept the same chart, deleted an arrow from the resistance line (red) to the support for a final potential short-term consolidating dip to avoid confusion. The pink descending wedge has the potential target for a $0.34 correction, right above the resistance depending upon where it breaks out. I'm not necessarily going to trade that, but I am definitely keeping an eye on it. It may break through, drop a little and then go higher? It may break down and retest $2.82ish? MACD looks excellent, curving upwards in preparation for this small but positive move as the red histogram is resolving too. Volume isn't horrific...people are still interested. I think the heartache comes from BTC. Let's face it, it's the Kleenex of crypto. People are starting to figure out that it's original concept was brilliant, but it's application isn't sustainable or even usable when compared to Gen 2 and Gen 3 products. A lot of growing pains ahead as alts/btc pair increase and BTCers lose. As this happens you'll be tempted to freak out. I chose to relax because whatever token I'm into will tank and then recover at a greater rate than BTC. I will also use it to my advantage until the Alts become independent. Even if my alt is in the midst of a rally, I look at BTC as an indicator and sell because the alt is going to follow to some extent. This is not financial advice, just what I do to make a lot of money;-) Do your own research, learn who not to listen to in the process. I am not married to any token. I am just reporting what the chart patterns read, and today's analysis is very short-term.
Bucking the Trend - Why DYOR is the Best During Bear MarketsThe recent downturn in the crypto market has people feeling down, but here's why bear markets are actually the best times to DYOR.
Projects (especially smaller ones) that "bounce back" during downturns (even if it doesn't immediately get back to its ATH) is usually an indicator of resilience and project viability. It's easy to get caught up in the FOMO and the hype, but long-term traders make money by mitigating downturns, rather than trying to time the market during its rise.
MANA - Daily Chart ✅Let's see how MANA is behaving.
This is a 1H chart. (Valid for 24 hours)
The Fib retracement shows that the price had a dump and got corrected to a new support area, and now it's getting support from the local support area.
The market is showing SELL volumes for MANA.
Two resistance levels push down on value, and two support levels hold the price high and show strength. The higher band can work as resistance.
The middle Bollinger Band can push down the value, and the lower band pushes the price up.
If the price crosses the local resistance and stays above it for confirmation, we can open our long positions, aim for the next resistance, and use it as a TP point.
The RSI shows that MANA is below the 50 levels, the center.
If you want to know how the RSI indicator works, take a look at this Educational Idea. It'll help you have better readings:
Current Market Price: $3.111
Let me know your ideas.
Good luck.