Decentraland
BITCOIN Daily TA : 12.29.21 : $BTCExamining the bitcoin chart in daily timeframe, we see that the price attacked this important resistance level for the second time to break the resistance of $ 51700 and again failed to break this range, as we see now $ 51700 has become a trading node And became the most important resistance right now for Bitcoin, and breaking it requires a lot of power. We will move on to the second scenario, the bearish scenario: According to the bearish spike that was formed last night, the first important target of the fall will be 47K , and then the bottom of the trading range (neutral range) will be around $ 45,500. We will decide after the price reaches this level and see the reaction to it. (If this very important support is broken, the next level of support will be in the range of $ 37,700 to $ 39,000) .
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
📅 29.DEC.2021
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
Coast is clear?We all love that "W" to get out of a mess...fingers crossed. Between this time last week and right now, MANA has been 13% less and 16% higher. Yes, this is insane. Crypto is volatile. Be careful and keep your FOMO in check...I hope the coast is now clear. If so, one idea that adds up is the "W" completes, creating an inverted H&S, leading to $3.66, $4, and $4.50. Just an idea and not financial advice.
Nominal vs "Real" Prices - Real vs Virtual Estate "Bubbles"Are we in a bubble? Probably. But which is really in a bubble right now? Crypto/NFTs/Metaverse assets, or the housing market in the "real" world?
What is "real", anyway? And is the listing prices you see in real-estate really accurate right now? A closer look at the real vs virtual-world asset races.
Just a few more percent to this crash?Just last night, I was evaluating my posts by simply going as far back as October and pressing the "play" icon on my charts and was not short of amazed at how they played out. I even played the first one for my 9-year-old..."cool?," she asked, uninterested in what helps finance her horseback riding lessons? They actually don't pay for her riding lessons. I frequently "take profits," but have never taken profits out of the market, simply reinvesting them to accumulate more tokens and coins. Technical analysis works. I've mentioned a dozen times that the trickiest part is "function of time," and of course navigating Covid, BTC, and Evergrande type scenarios. That being said, today, it all comes down to BTC testing/holding $46k in the next couple of hours. Whenever BTC tanks 10%, alts like MANA, ENJ, will almost double in volatility. Conversely, the rebounds are equally explosive. BTC support is huge at $46k and about 2% away. MANA has an equally significant support a little over 3% away around $3.20-$3.26. After taking holiday profits yesterday, I was hoping to get back in at $3.52, accumulating a few thousand tokens with this move. Well, that wish came true and it continued to drop. That's the crypto game and by this time tomorrow, it won't even matter. On a good note, since I was predicting a $0.40 correction, and it was 1am when I made the decision to go to sleep, I only reinvested 30%. This is another good lesson for new traders. Never put all your eggs in one basket...dollar-cost averaging is a great way for newbies and pros to safely enter a market. So, sit tight, this will be all better in the hours/days ahead. $2.80, $3.02 are other support zones should BTC head to $42-44k area. Keep an eye open as $3.30 also offers significant support, we may not see a drop to $3.20's. Another silver lining to today's drop is that BTC blew right through $49k. Should it have really stalled (it did a little), it could have formed a devastating Head & Shoulder pattern, that would have triggered greater potential losses. It's tricky to think this way, but sometimes a larger short-term drop is favorable depending upon the bigger picture we draw from market indicators. This is not financial advice.
More "Non-Advice" for new traders:
-Do your research. Don't listen to 99% of what you hear in the media. Know the product you are investing in.
-Don't panic...it will always retrace a 2nd time...you didn't miss out.
-If you missed out, do more research and create a new position.
-Consult a financial advisor, especially when it comes to Capital Gains.
-Diversify. Just like the traditional stock market, Crypto has facets of different functionality from a store of value, to platforms for projects, to the companies that create the projects, NFT's, metaverse, etc... Block-chain will have just as profound an impact as the www. had. I used to think 15% of an investment portfolio should be in the crypto space. I have since bumped that to 30% and during a bull market, I personally, liquidate assets to make it 50/50. Again, talk to a financial advisor. Hodl some of your assets. I know too many people who "trade it all." Crypto is volatile enough, this is not Vegas.
-Be patient. Rule of thumb, any industry with a market cap of 1billion isn't going anywhere. The government can regulate, but they can't get rid of said industry. You'll notice that when Facebook was going to come out with their own token 18 months ago, the U.S. government didn't abolish crypto, they certainly crashed it, they learned about it because they recognized the technology and interest behind it and have since educated themselves and invested in it. Crypto isn't a $1b industry...on a $h!t day like today, it is still $2.25trillion.
-Musk, Cuban, China, Buffet: Yes, unfortunately, the market responds to silly tweets and posturing. Know that you didn't miss out. Crypto is still in its toddler years.
---Follow the money. When Cuban was knocking crypto a couple of years ago, he was also accepting it at his sports arenas and buying the short-term dips that his tweets created.
-Continue to research. If you want to trade, start with monopoly money. Most exchanges offer a free "training academy." Read Bulkowski. I was compiling data for 9 months before I realized he had already done it for us.
-Don't invest more than you can lose
-Always be prepared, whether it is for a spike or correction, always have a plan(s) for your next move(s). If you don't have a plan, you are increasing your risk significantly.
-resist FOMO
-Patience (again). There are no straight lines up or down. There are zig-zags up and zig-zags down. If an industry is growing, your money will grow with it. Lose the get rich quick mentality. I've done very well with crypto, but it wasn't overnight. Weathering storms, taking new positions during a bear market, knowing what I'm investing in, and patience, like anything, will prove more successful.
-Treating crypto like a Craps table will give you the same odds as Vegas...the house will win eventually.
-Don't look at the charts all day long...that is a micro trend. Always zoom out and look at the big picture.
-Stop losses. If you bought BTC at $20k in 2017/2018 and still had it at $5k in 2020, you missed out on a better position that would have been created through setting a stop loss. Research how to use the "average true range" when setting a stop loss. Bull runs don't last forever.
-Don't lose sleep. At the end of the day, it is just money. If you are losing sleep over your investment, you are probably overextended in your investment or at the very least not looking at the bigger picture.
Good luck.
-Joe
BITCOIN Daily TA : 12.28.21 : $BTCThe price attacked to the 51700$ Important Resistance range for the second time to break it and failed again , as we can see, now $ 51700 has become the most important resistance right now And breaking it requires a lot of power. Let's move on to the second scenario for now : we said the first target would be 47K, and and if it is lost , the next bearish target will be the bottom of the trading range (neutral range) which is $ 45,500 range.
(The pessimistic scenario mentioned earlier is still valid .
The Pessimistic Scenario :
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
📅 28.DEC.2021
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
SANDBOX Daily TA : 12.28.21 : $SAND🟡 Results So Far (HH) : +25% ✅ #Requested_Analysis
🔵 Personal Opinion : HODL
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
📅 28.DEC.2021
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
Cardano Daily TA : 12.28.21 : $ADAAs you can see in Cardano's chart in daily timeframe , the most important support is the range of $ 1.43 , which the price can reach to $ 1.21 and even $ 1.11 again if the market is dumped by Bitcoin. But if the Bitcoin collapse scenario fails, the price can Continue growing from here. The next most important target is $ 1.72 .
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
📅 28.DEC.2021
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
Decentraland (MANA) Buy ZoneDecentraland (MANA) Buy Zone
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BIAS
Mid-Term : Bullish
Long-Term : Bullish
RISK : Medium
On its 4 hours time frames, The Decentraland graph formed a bullish patterns. We've retested our resistance and ready to break up above our current zone.
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$MANA/USDT LONG SETUP
Leverage : x3 - x5
Entry Price : 3.11 - 3.26
TP 1 : 3.31
TP 2 : 3.39
TP 3 : 3.54
TP 4 : 3.75
TP 5 : 3.89
TP 6 : 4.18
TP 7 : 4.64
TP 8 : 5.12
Stop Loss : 2.88
*Maximum 3% of Portfolio.
*Unload 12.5% at each TP. Whenever TP 2 hits, Move stop loss to entry.
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Mana 3 to 1 tradeNice and clean 3 to 1 R:R set up here after retest of breakout. Rounded bottom and close above horizontal resistance should push to next resistance level shortly with BTC looking bullish.
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Top 10 trading tips:
1. DO NOT FOMO into a trade. Let it come to you. Don’t force it.
2. Find a strategy that works for you and be consistent. Operate like a machine and less like the wind.
3. Let your winners run and cut your losers short.
4. You will not win every trade, but if you are disciplined with great RM you don't need to be right all the time to win!
5. Before you enter a trade, know your target AND your exit strategy.
6. When you are up, you can use a trailing stop or trim off some profit at a logical resistance point with a stop loss at breakeven.
7. Set your trade parameters up front so you keep your self accountable and remove emotions from the equation. (stop loss, take profit levels, etc)
8. Don't fight the trend. The trend is your friend.
9. Don’t enter a trade based on one indicator.
10. Horizontals > Diagonals
Please note:
- This is not financial advice.
- I do not take every trade I post.
- Never trade off of someone else's chart until you DYOR!
MANA successful defense and continuation of the upward trendThe chart of MANA shows a very healthy and gradual increase in price, of course this is also due to the stability of the price of BTC and the lack of major fluctuations, because the large fluctuations of BTC strongly affect MANA (and the rest of the cryptocurrencies, we will see what the next days will show
A Few Macro-Level Crypto Predictions For 2022At the end of every year, I usually write a predictions article for macro-level trends I expect to happen over the next year. 22' is the wildest one so far, even for me.
The three pillars: economics (#crypto) - politics (#inflation) - culture (#NFTs)
Original article: mirror.xyz
Long MANAUSD - Elliott impulsive waves phase 3 BULL-RUNWe are finally in the third impulsive Elliott wave, we had our bottom during the phase 2 correction towards $2.9. There is still time to get in on the MANA !
Entry Price: 3.81
Target Profit: 7.19 (+89.3%)
Stop Loss: 3 (-20.6%)
Risk / Ratio: 4.32
Personal Entry : 3
BITCOIN Daily TA : 12.26.21 : $BTCA pessimistic but still probable analysis of Bitcoin (I try to explain it very simply and understandably): Well friends, as you can see, 4 weeks ago the support price of the important 20-week Exponential Moving Average EMA20W lost and has stabilized below this range. It is interesting to know that this week the price hit this moving average by reaching to $ 51700 and showed a negative reaction to it, the optimistic scenario is the same as the previous analysis we talked about . The pessimistic analysis begins with the fact that if we consider the drop from 69K to 42K as a spike and a complete bearish wave, in the last 3 weeks the price is just preparing and building a base to drop more and start The next wave , if this analysis is confirmed, the descending targets are marked on the chart in order that if we want to consider an AB = CD pattern to fall again, the target will be $ 25,000. Note that this is one of the most pessimistic analyzes available, and I just thought it's my duty to share my analysis with you, and that if the price can break the EMA20W and stabilize above it (especially above 57K) this analysis will fail.
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
📅 26.DEC.2021
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
BTC.D Daily TA : 12.26.21 : $BTC.DAs you can see in the bitcoin's dominance chart at weekly timeframe , we see that the candle has reached an important support level, And if the price reacts positively, bitcoin is likely to grow in the short term, and if that support is lost but the bitcoin price starts to rise, there is also the possibility of a small party altcoin. Note that we are only examining the possibilities and that decreasing or increasing the bitcoin's dominance can have different effects on the price, and we have only considered one or two cases. For more information about Bitcoin's dominance and its effects on the price and market, you can Google it and get good information .
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
📅 26.DEC.2021
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
The Big Picture to $5.50Merry Christmas. Before Thanksgiving, we were talking about the path to $5.50 and I even potentially made fun of the "get rich quick" mentality that more often than not leaves people missing an opportunity. Patience and intestinal fortitude will reward you in this industry (and research). $5.50 continues to be my first larger target before an ATH. This is not financial advice, just an idea. I think this view is good for newcomers to see how it doesn't happen overnight, FOMO is your enemy, and most importantly that nothing goes straight up and down. Zig-zag up and down and all around. The next couple of channels (yellow and green) will lead to the completion of a Cup and Handle, bringing the price target of MANA into the $5.50 range. Remember, when this rally finally takes off, the FOMO people can potentially pump it up higher, before it corrects, consolidating in the $5.50 range as it prepares for an ATH against the upper trend line of the ascending channel (Red). Know that it is healthy when it comes back from $6+ all the way down to the $4.40 range. Again, just ideas and not financial advice. Good luck and always be prepared for what BTC dropping to $42k would look like on a MANA chart.
Decentraland Crypto and its popular token, ManaDecentraland Crypto and its popular token, Mana
He has a good fanda, it's a metaverse and now he has a profit potential of up to + 60% .
teaching points :
- Price in the upper half of the Bollinger Band
- CCI indicator near +100
- Intersection of Mac line and signal and MacD line above signal
- MacD green histograms
- The downtrend line on the RSI indicator is breaking
- Price placement in the 51-day ascending channel
- Good price response to the uptrend channel floor
It is currently at a high price for its 51-day resistance, and if it can stabilize on it, it can take a long position. The targets ahead are marked.
The first target is 15% +
The second target is 59% +
As always: don't forget capital management + don't forget to manage risk to Reward.
Good luck .