MANA - Decentralandcrossing the descending line with strong candle .
3.55$ is the first resistance .
look at the MA and reactions of chart .
Decentraland
$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 Decentraland probable scenarioThe main supports are $2.5 and $2
First target at $5 and then $11.3 and $13.8
MANA regains price positionMANA is an important part of the metaverse, the project is one of the highest quality and certainly the current situation on the chart should be perceived positively by long-term investors
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!
Decentraland MANA 🏹 How I plan to operateHello Traders,
on the chart all the necessary informations on how i'm planning my operation on BINGBON:MANAUSDT
$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 :
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 ❤️
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 ❤️
Buy MANA ⬆️Mana and other metavers currencies have corrected so well and now MANA has broken its trendline.
This is best time to buy
MANA testing supportMANA has been falling in price for a long time, this is due to the situation with BTC, the strong influence of BTC often changes the trend of other cryptocurrencies, so you need to use stop loss
Bearish short term but Bullish long termWe saw from my last analysis when I said we may revisit the $3.2 range. However, during the dumping time with BTC downside, and all senate talk about future of crypto, there are many things people have let it slide away.
Decentraland just is the Patron of Blender Development Fund, the Blender is the major 3D model creator that is free for use by anyone under GNU. Meaning you can legally use the software to create any figures or anything and sell it without string attached to the Blender. If you saw the NFT hype, then you would need to understand the underlying violation of copyright and the right of usage of certain software to bale to make monetize out of it. It is basically a strong legal battle that surely uncle Sam/ big Coop will win if you accidentally use the crack software or non-commercial software to create the NFT for monetization. Blender is the one under GNU licencing which is free for most of the meaning of usage. So Decentraland is the supporter of Blender which facilitate the growth of NFT items in the metaverse.
Decentraland just pumps out the Golf course in the Vegas City within Decentraland. Here not only you can gamble but practice your golf skill with your VR set.
Decentraland can take any NFT to be put into their world. One of the main reasons for the Nov 30 run of MANA is because SAND items were ported into the Decentraland world and used for the festival event.
And here we are at the spot where MANA is going lower than $4 after an attempt to go higher. I would consider this is a long position where the MANA might try to break the trend downward, but as it gets lower, it is a better price to accumulate for the next bull run!
This is not financial advice, but my perspective of the current trend of Decentraland!
MANA (Decentraland): 10.DEC.2021 (HODL)Examining the #MANA , we see that the price has reached a strong support range and is one of the lowest risk cryptocurrencies on the market for investment. I suggest you have a personal review on it for buying and invest and if you already have it, I suggest you to keep it (HODL) .
MANA Price Live Data
The live Decentraland price today is $3.49 USD with a 24-hour trading volume of $985,615,790 USD. We update our MANA to USD price in real-time. Decentraland is down 4.51% in the last 24 hours. The current CoinMarketCap ranking is #27, with a live market cap of $6,375,120,502 USD. It has a circulating supply of 1,824,595,435 MANA coins and the max. supply is not available.
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.DEC.2021
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
SANDUSDT (SANDBOX) : 10.DEC.2021 (HODL)Examining the #SANDBOX , we see that the price has reached a strong support range and is one of the lowest risk cryptocurrencies on the market for investment. I suggest you have a personal review on it for buying and invest and if you already have it, I suggest you to keep it (HODL) .
SAND Price Live Data
The live The Sandbox price today is $5.25 USD with a 24-hour trading volume of $1,630,667,641 USD. We update our SAND to USD price in real-time. The Sandbox is down 2.99% in the last 24 hours. The current CoinMarketCap ranking is #38, with a live market cap of $4,793,018,383 USD. It has a circulating supply of 913,364,619 SAND coins and a max. supply of 3,000,000,000 SAND coins.
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.DEC.2021
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
MANA- ⛔Got to Know These levels! ⏫MANA, Decentraland has been feasting on the Metaverse Hype/future but again, price is volatile so we got to knwo the levels.
Here is our updated chart with the levels you need to know.
Please also take a look at competition (Sand, Blok, Metahero and others) and do your math.
3 Reasons to Buy Decentraland if you are a fool :
Investors looking for exposure to the metaverse may want to consider Decentraland.
Key Points
Decentraland's status as a leading metaverse game could drive the adoption of MANA.
Institutional investors are attracted to Decentraland's offering, creating big price movements.
Decentraland's growth prospects may outweigh the risks for longer-term investors bullish on the metaverse.
One Love,
the FXPROFESSOR
(The professor prefers SAND and Metahero)
Setting up perfectly. To break $5 next?I love this chart and should thank the mana market for making me look good. One thing I like about charts, especially for beginners, is that it settles one's nerves. Tokens drop, a lot, but a chart is a good way for beginners to see the map and not panic...because it is anticipated. I always emphasize to beginners that there are no straight lines, up or down, in trading. And most importantly, don't panic. If you are panicking, you are probably risking too much capital and it is an indication that you are emotionally attached to your trading. I've never been divorced, but I hear emotions will lead to losing 1/2 your money.
You can see this chart from the other day is filling in, perfectly, even as a function of time, relatively. I just circled (red) all the handles. The current one is making the perfect triangle for the next leg up. One thing to note with low volume: triangle (handle in this case) may turn into a short-term descending channel before breaking out...they scare me a little because they can sometimes turn into a trend reversal as a result of the lower volume. I put the descending channel in light blue just to show you what it "could" look like. I am ignoring it for now. These are just ideas and not financial advice.
Lastly, to new traders and tweakers: Be careful. If you are investing and not trading, don't look at the chart every day...you'll go crazy. If you are learning to trade, don't use real money and practice first. There are sooo many methods to charting: E. Wave, Triangles that form ladders, Fibonacci, Clouds, etc...they are all analyzing the same data and for the most part are predicting the same end game. It is important to use several methods as a means of "confirmation" of ideas. The more support for an idea gives the idea more credibility. The cups are shapes of movement, whether the patterns are H&Shoulders, wedges, etc... I choose to illustrate with them because of their sexy curves.
Mana throwback then bounce$mana #Decentraland Looks like $sand. Retest in progress and close above 4.1 would signal move to the upside with 49% to ATH potential.
Possible path based on fib levels listed.
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Top 10 trading tips:
1. DO NOT FOMO into PUMPs.
2. Set a strategy and be consistent. The more you use the same strategy with the same $$$ amounts, you will be able to identify the winning set ups quicker and you will need to win less trades to be profitable over time.
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, make you know your target (or take profit target and let the rest ride) 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. It is hard to deal with emotions when trading, set parameters up front so you keep your self accountable. (stop loss, take profit levels, etc)
8. Don't fight the trend. The trend is your friend.
9. Use multiple indicators to confirm your TA on price action.
10. Only trade what you are willing to lose. It will be hard to trade without emotions.
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!
$BTC Started to Fall Excatly as i predicted ...As we expected, the price has started to fall exactly according to the previous analysis ... The bearish targets are $ 47,700 and $ 46,500, respectively.
Note that the two levels mentioned above are potential Reversal Zone (PRZ) , and if this support range is lost , the next targets will be $ 44,400 and $ 43,000 .
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
📅 09.DEC.2021
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
