Cardano : KEY SUPPORT ZONE : $ADAThe price is currently fluctuating in the very important range of $ 1.2 .
If this key support is not lost , with the break of the downtrend , we can expect growth to the levels has shown on the chart .
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👤 Arman Shaban : @ArmanShabanTrading
📅 20.DEC.2021
⚠️(DYOR)
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Decentraland
MANA bulls still fightingJust a short-term update/confirmation. The support on the green line looks better on the 6 hour and a similar line can be made on the 1 hr...and this is such a small trend, the 1 hr is fine. Small but crucial as I am hopeful BTC doesn't drag MANA below $3.18. MANA is looking good within the Bullinger Bands and the MACD is good-mediocre. MANA is just at "that point" where trends are coming to a head and I fear some people were burned last week. I did pretty well through it all, but could have done better had I had a crystal ball. On a good note, volume, albeit low, is double that of yesterday...so hopefully, that trend will continue. Should MANA break $3.71, I would feel a lot better all around. MANA has ignored BTC lag before...and this is going to have to happen at some point when financial institutions realize BTC is more of a Kleenex brand for a greater product, but there are far better crypto products out there than BTC...I just hold one, for the cause. Kleenex is a poor example because I think their tissues are the best;-) Anyway, this is not financial advice. Note, MANA is approaching the mid-line on the descending channel that began on Dec. 3. It will be interesting to see if it bounces (soon) around $3.22, maintaining a strong position in the upper half of the greater descending channel.
Bullish Scenario #2Depending upon where the breakout happens in the symmetrical triangle that would be confirmed with the C&H (purple), I think MANA will rally closer to $5 with an approx. $1.3131 rise in price from breakout. This is just an idea...not financial advice. I will feel better about all these ideas, of course, once MANA breaks from the descending channel (green). MACD is starting to point upwards on the daily. Once it crosses, I think it will shoot above the histogram, supporting this large pump.
Breakout Eminent 2: adjusted for time.Numbers haven't changed but in the initial post, we had no idea when it would break out of the descending wedge. Assuming that the bottom holds, from where the actual breakout occurred, the shorter-term target, oddly enough, is exactly $4.50. Crypto loves round numbers. Just like the original idea, this is not financial advice, just an idea that seems to be playing out should the rest of the market cooperate. Do your own research...let me know if I'm missing something.
MANA is going up from here! BINANCE:MANAUSDT
Mana is surely need to go up from here, and can only fail if BTC truley falls into the bears hands.
we have:
1. 68% on the fibonacci level acting as a support over all when we zoom out. a strong clue that the big picture bull run is still in progress.
2. bulls triangle with a breaking green candle with nice volume.
3.visible divergance on the rsi indicator indicates a short term trend reversal.
4.clear resistance levels on the volume profile indicator that can easily act as support if we are moving over allthough we need to track carfully those spots. may be a rejection, take profits smartly.
5.clear and nice cross on the macd indicates a possible trend reversal.
6.100 EMA golden cross.
7.reversal breaking EMA's of the vpvr indicator on the 4H chart.
take profits level are : target 1 - 3.6 target 2 - 3.9 target 3 - 4.6
too much signs for it to fail although crypto s truly sometimes unexpected, calculate your risk wisley.
"not a financial adviser" "only an idea"
$MANA 4H 50MA turns from resistance to supportPrevious resistance becomes support.
As you can see on the ride up, the 4H 50 MA acted as very strong support up until RSI and MACD boiled over and there was a large correction.
On the way down, anytime MANA tried to gain some ground back it was rejected by the 4H 50MA.
Hopefully, this level holds and MANA can continue on its next leg higher.
Next Targets:
$5.05 (.786 fib)
$5.91 (1 fib)
$7.23 (1.272)
$8.03 (1.414)
$9.33 (1.618 fib)
MANA BUSD FORECASTDear patrons,
Hope you are doing well.
Forecast for new trade setup of MANA/BUSD (Decentraland)
On Daily Time Frame Chart MANA breakout descending triangle and moving up.
support area is marked in purple.
RSI is showing over sold and now moving upwards.
Volume is increasing
MFI is moving up
Targets have been marked
ROI is good.
Good luck
signalsforecasts
Is the Metaverse a Hedge for Inflation? (ft. Dogecoin) A little while ago I argued that virtual estate and real estate were inversely correlated -- as seen in the Evergrande example in China where Evergrande stock and MANA coin criss-crossed each other in terms of its ROI. It's yet to be seen how this will play out in the US real estate market but it seems likely that we'll start to see similar patterns emerge as time goes on.
The US market may take longer to unravel since it's a bigger apparatus with a lot more moving parts -- talking about it in a coherent way in itself is often a challenge. But there's been a shift in tone from both DC and the media in regards to inflation in the last week, which may be a sign that things are starting to move forward.
There's basically two different scenarios that could play out in the current US economy's trajectory -- hyperinflation, or an economic slowdown brought on by the Federal Reserve after they increase interest rates significantly. (Right now the former scenario seems more likely, but that's TBD.) Either way, crypto will probably end up doing well. More details in the video itself.
Also as an aside, I also argued that Dogecoin could be an inflation hedge against the crypto market itself. We saw a weird blip this week where the coin pushed itself upwards a little bit, running counter to all of the other coins out there. Will this trend continue? We'll have to wait and see.
Be vigilant and stay Strong As I have mentioned before, be greedy when people are scared! I think we are coming to the final end of the side way as BTC is volatile and MANA is still holding strong with strong support $2.9-$3.1. Stay strong brothers, It is the test for the new ATH soon! The rewards may come unexpectedly by Christmas!
This is not financial advice!
$ETH analysis in 4H TF : 12.15.21Examining #ETHEREUM chart in 4-hour timeframe, we see that the price has lost its first static support and is now pullback to the broken level . If the bitcoin's bearish scenario confirm , we can expect the price to fall to lower levels of $ 3,500, $ 3,300 and $ 3,000. Otherwise, with the break of the descending channel, the uptrend can continue in the mid-term and the price can see the higher levels, such as $ 4,800 and even $ 5,000.
Bearish Scenario of #BITCOIN :
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⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 15.DEC.2021
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
Two Different Scenarios of : $BITCOIN🔵 Today, by examining the bitcoin chart in 4-hour timeframe , we see that the price is in a price compression range and will not follow a specific trend until it breakout of this range. There are currently two scenarios that will be mentioned below :
🔴 First Scenario ( Bearish Scenario) : If the price penetrates its key support level ($ 45,600 to $ 46500) and closes below $ 45,600, our bearish scenario is confirmed and we can expect a fall 42K , 44.4K and even If the sales pressure is high , it will drop to $ 39,900 up to 40K.
🟢 Scenario 2 ( Bullish Scenario): Maintain the above-mentioned static support, and then move to the next targets (shown on the chart) by breaking their dynamic resistance and stabilizing above $ 50,300 . Targets : ($ 53,250 , $ 55,720 and $ 59,120)
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.DEC.2021
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
Breakout EminentWhen analysts put out ideas, not financial advice, we are listing scenarios and then we see how they play out. I put a few up yesterday and it looks like the initial one is in the cards. I still don't think there is enough historical data to demand the lower numbers in the sub $2.50 range...but anything is possible. I did indicate another dip to the low $1.90's. This morning, the support line of the micro descending channel that began on the 13th intersected with the support of the descending wedge, bouncing the price to break out of the upper resistance of the channel. Is this it? We don't know for sure but so far so good. It hit short-term resistance and muscled through, currently on its way to the upper trend line of the descending wedge. Should it break out around $3.45, there is a light resistance at the upper end of the macro descending channel. Based upon the descending wedge, and timing of the breakout, the target price corresponds to wicking just above the Fib .618 ($4.64).
Short-term reprise?Before we get into the baby inverse head and shoulders, I feel good that the squeeze is starting with maybe another little drop to low $2.90's. Just an end to this madness feels good. I've read a lot about lower numbers and I just don't think MANA has the historical data to make any big calls like that. Therefore, I'm just analyzing its movement throughout the day and then looking at a multi-day picture... I'm not convinced that $3 wasn't the bottom, and if it is, it would make sense to double bottom after hitting $3.45, the target of said baby inverse H&S. I love it when numbers add up and 15% above the bottom of this pattern brings MANA exactly to the frequently visited $3.45 mark. Furthermore, BTC is looking slightly better. This week's been a $#it show so be careful and know these are just ideas and not financial advice.
MANA fight BTC to keep the marginIt is what it is. The MANA has been fighting hard against the BTC effect and still keeps above $2.8 showing the MANA is recovering fast. However, the BTC recovering at in much faster pace compared to MANA. This means the movement average of MANA is much weaker than BTC in general. It is this time of every cycle where Altcoins are starting to bleed to BTC. All I can see is accumulate for the next bull run after BTC consolidate!
This is not financial advice!
Bullish Scenario for $BTC : 12.13.21Possible bullish scenario if the first PRZ is maintained as mentioned in the previous analysis :
Well, as we can see, according to previous analysis, the price fell exactly to our first PRZ ($ 46,750 range).
The price reacted positively after reaching this range and is currently trading in the $ 50000 range. If the price continue this move , we can expect growth up to $ 51700 ... To continue the uptrend, the break of this range is very important because this range has formed a strong X-point resistance ... in case of break The descending channel and this important range , we can expect the price to grow up to $ 53,600, $ 59,200, $ 62050, $ 65,600, $ 69,000 and $ 75,000, respectively. (Note that the realization of this scenario has many conditions, some of which are mentioned in this 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
📅 12.DEC.2021
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️