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Decentraland

MANA is very bullishThe diametric of the big wave B is over and we are now in the big wave C which is very bullish Price is just looking for a support to start a big rally. By maintaining the green range, it can move towards the TPs. Closing a daily candle below the invalidation level will violate the analysis For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
Long
by behdark
1
📈Weekly Analysis: Bullish Signals for MANA🔥🔍Today is Sunday, marking the end of the week and typically low trading volume. Hence, we'll analyze the weekly timeframe for Mana against USD for potential insights. On this timeframe, Mana has reached a supply zone, evidenced by a bearish engulfing candle. However, the current candle is showing signs of buyer strength. 📈If this candle closes bullish, we can consider a pullback to the level of $0.5517, supported by the 7-period Simple Moving Average (SMA). Additionally, Fibonacci retracement levels indicate that we've reached the 1 extension point, suggesting a consolidation phase. For higher targets, $1.0989 could be considered, overlapping with the 1.414 extension. 📊Volume is decreasing during this correction, signaling a healthy trend. The Relative Strength Index (RSI) previously faked an overbought condition and could potentially surge upwards again. 🛒Buying on the confirmation of the current candle closing bullish seems opportune. 🧠💼Just remember, jumping into trades too quickly before the main trigger can be risky. Always manage your money wisely and be aware of the risks involved.
Long
by itsparham96
Decentraland (MANAUSDT) Bullish Breakout LoomsDecentraland (MANAUSDT), currently trading at $0.80, appears poised for a bullish breakout, fueled by growth in its NFT Marketplace . A potential surge in price, with the first target resistance set at $1.14, followed by $3.58, and a final ambitious target of $6.00. While past performance is not necessarily indicative of future results, a breakout above current resistance levels could signal a significant increase in investor confidence and trading activity for MANA. It's important to remember that the cryptocurrency market is inherently volatile, and these are just predictions. Investors should always conduct their own research before making any investment decisions.
Long
by Z4F4R
Mana in a similar bear flag as gala was.Just like my previous idea I posted on gala, mana is also currently inside a similar bear flag where the flag is also a descending channel. The full breakdown target for this would be negative 1.80 so I think it’s more likely this bear flag breaks upward…the descending channel on its own usually breaks up so often when you see it as the flag of a bear flag it can increase the likelihood the bear flag breaks upward instead of down like they usually do. It could still break downward and not hit the full 100% breakdown target of course but I think its more likely it could break upward…it could also only reach the smaller bullish breakout target of just the channel instead of breaking up the length of the bearflag’s pole. Will have to wait and see….unlike gala we aren’t seeing any super significant bullish volume candles on mana yet, it also has zero candles above its channel as of yet…but that could change in the very near future. It has slightly less breakout potential as gala currently has as it would only go roughly 3x if it reached the top price target where gala could as much as 5x. *not financial advice*
COINBASE:MANAUSD
by DrDovetail
3
MANA/USDT upward momentum?👀🚀MANA Today Analysis💎 Paradisers, it’s time to spotlight #MANAUSDT as it’s showing promising signs of a bullish move. This comes after a key resistance level has transformed into a potential springboard for growth. 💎 Diving into #Decentraland recent market path, it has successfully navigated a descending trendline, breaking upwards. After a rejection at the resistance of $0.5117 and a retest of the trendline, it made a strong move upwards, turning the previous resistance into a support zone. 💎 Currently stationed at this new support level of $0.5117, if #MANA maintains its momentum, we might see a significant bullish movement. 💎 However, for the astute traders among us, it’s crucial to have a Plan B. If #MANA slips below this support level of $0.5117, we should be prepared for a bullish recovery from a slightly lower support at $0.4940. Notably, a breach below this secondary support could lead to a more pronounced downward trend. 🌴💰
Long
by MyCryptoParadise
1
Decentraland (MANA): Deep DiveDecentraland (MANA) is not just another altcoin, but rather a revolutionary blockchain-based virtual reality platform that gives users the power to create and explore their own 3D environments. MANA Coin has the potential to reach new heights in the future due to its strong community support. The maximum price level of the MANA Coin will stay around $2.67 by the end of 2023. If the crypto market goes smoothly, the average price value of the MANA Coin can be trading at around $1.71 in 2023. While the minimum price level of the MANA Coin can fall to $0.93 by 2023 if the market shows a bearish environment. However, we are expecting a bullish rally by this year and the price of the MANA Coin will increase significantly in the year’s second half.
Long
by DEXWireNews
2
MANAUSD above the 1D MA200 after 6 months. Bullish confirmed.Decentraland crossed today over the 1D MA200 and if it closes the day there, it will be the first time since April 22nd 2023 to do so. It may remain inside the 10 month Channel Down but crossing over the 1D MA200 where it had the last major rejection (June 5th) is strong enough to cause a breakout. Especially since this rally originated on a 1D RSI Bullish Divergence. The overbought 1D technical outlook (RSI = 73.919, MACD = 0.023, ADX = 49.040) may cause a minor rejection near the R1 level but we expect to hit R2 (TP = 0.53450) before the end of the year. The only condition is for the 1D MA50 to hold. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CRYPTO:MANAUSDLong
by InvestingScope
$SAND vs $MANANYSE:SAND vs EURONEXT:MANA Boy was I wrong on #Sandbox. But that's why you cover trades at support, good move, as it ended up going much lower. Both have been crushed during the bear market but @decentraland has outperformed @TheSandboxGame. Compare the highs of NYSE:SAND vs EURONEXT:MANA & they're at a similar in price now! Diluted mkt cap is better on NYSE:SAND 70% vs what it was before, last unlock was brutal, but not as good as EURONEXT:MANA 82%. Still like both projects, final comparison: MANA put in LOWER 2021 LOW SAND HELD 2021 LOW #P2E #P2EGame #crypto
BINANCE:MANAUSD
by ROYAL_OAK_INC
MANA/USDT Had a Good Bull Rally | What's the Next Move? 💎Yello, Paradisers zoom in on MANAUSDT! It's currently tracing an ascending channel, suggesting a potential adjustment due to the looming supply zone. 💎Lately, Decentraland has maintained a steady climb within this upward channel. Yet, a shift or correction might be on the horizon. It's essential to highlight that MANA is navigating towards a crucial support mark at 0.3445. 💎Beyond this point, there's a distinct supply zone marked by an untouched OB. If MANA descends past the support, it's poised to gravitate towards the demand zone indicated on our chart. 💎Enhance your trading decisions for Decentraland with ParadiseFamilyVIP. Dive deeper into our expert insights on MANA and other promising coins, refining your crypto approach.
Short
by MyCryptoParadise_Simon
1
MANA Accumulation phase. BINANCE:MANAUSDT Last time Mana spent more than 150 days in accumulation zone before uptrend move. Probably if we find out resistance at sellers zone (marked red block) locally, we can drop once again to buyers area (marked green box) Mana lost 86% since ATH so its good time to accumulate Mana now step by step. If you worry about your investments you can fix 50% of your investments in Mana at sellers zone and leave free coins. Now we only 80 days in accumulation period, so probably by end of October/November we can formed final bottom and start climbing up. On chart we can see now so low volume on both sides. We retested 0.618 Level by FIB on D1 Timeframe and going out of downtrend line, so yes, hypothetically we can trade 80 days more in sideway. Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch! ✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes. * Look at my ideas about interesting altcoins in the related section down below ↓ * For more ideas please hit "Like" and "Follow"!
Long
by Crypto4light
4
$Mana : Advanced Analysis of Potential Trend Reversal! "Unlocking Cryptocurrency Insights:" In the realm of sophisticated technical analysis, Mana, a cryptocurrency of interest, is currently in the throes of a breakout from a meticulously observed weekly triangle pattern. This pattern signifies a pivotal juncture in price dynamics. Moreover, the formation of an Inverse Head and Shoulders pattern, consisting of left, head, and right shoulders, is now on the radar. This pattern is renowned for its potential as a market reversal indicator. However, the fulcrum of the analysis pivots upon the forthcoming Bitcoin halving event, a seminal occurrence in the cryptocurrency domain that profoundly influences market sentiment and trajectory. s3.tradingview.com s3.tradingview.com BINANCE:MANAUSDT
Long
by UnknownUnicorn3237473
2
MANA is about to explodeYou are with MANA review MANA has been in a price-time correction phase for a very long time. By examining MANA waves, I came to an interesting structure We have a large diametric, which is now the analysis image for branch E of this diametric. Branch E itself has become a diametric. Looks like we are now in wave g from E. The g wave of E also appears diametric. If the price reaches the green box, it is a great buy position. For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
Long
by behdark