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Decentraland

Russian Dolls?Is that a thing? MANA, since the parabolic rise, has lost and gained based on C&H and IC&H patterns. One cup leads to another, kinda like those Russian dolls that fit inside each other. These are just ideas, not financial advice. The reason I published this is because the numbers add up based upon the assumption that the bottom is in and $3.52 is the baseline now. Should it drop to test the drop from the other night, I added that these formations are still valid, but will have a different baseline. That's not a bad thing, because with this token in particular, the bigger the drop, the bigger the rise. Should MANA (when) drop(s) below $3.52, I will adjust the cups for your ease of reference...but for now, based on the assumption MANA is going up from here, for now, these are my ideas, and the data does support these levels. I'm not necessarily "long on mana." These short-term trading ideas don't involve an ATH, just a recovery before a potential drop that I will tackle should the market indicate a need. I see a lot of comments on other analysts' posts that are negative...chill out. Nobody has been rude to me yet, so let's keep it that way...not to mention, if you took my ideas and did your own research, you would've gained 36% when the market tanked 18%. It's not always going to work that way. They are just ideas and not financial advice. We read them for either confirmation of our own ideas, new ideas, or if you have no idea what you're doing. If you have no idea what you are doing, start reading and be careful. It is a very volatile market...and yes, some of the ideas are bat$4!t crazy.
MShort
by keykomg
3
MANA back in the falling wedge after big drop!Here's a quick Look at MANA 4 hr chart. As we can see, the price broke down from the falling wedge , due to the drop in BTC price, but is now back in the same falling wedge! Keep an eye on this falling wedge! The best entry would be, when the price breaks above 4.25$ with good amount of volume . ------------------------------------------- The idea is: Buy when the price breaks above 4.25$ and take profits at the levels shown in the chart. Targets: 1. 4.65$ 2. 5.2$ 3. 5.9$ ------------------------------------------- What Is a Wedge in the context of trading?: "A wedge is a price pattern marked by converging trend lines on a price chart. The two trend lines are drawn to connect the respective highs and lows of a price series over the course of 10 to 50 periods. The lines show that the highs and the lows are either rising or falling and differing rates, giving the appearance of a wedge as the lines approach a convergence. Wedge shaped trend lines are considered useful indicators of a potential reversal in price action by technical analysts. Key Takeaways for Falling wedges: 1. Wedge patterns are usually characterized by converging trend lines over 10 to 50 trading periods. 2. The patterns may be considered rising or falling wedges depending on their direction. 3. These patterns have an unusually good track record for forecasting price reversals." ------------------------------------------- If you like the content, then make sure to comment and like the post :D Follow me for daily profitable trading setups BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
by MBM_Crypto
6
₿ MBOXUSDT 1D ₿ : 04.DEC.2021 : $MBOXAppealing price ranges for long-term investment and HODL in #MBOX : 5.5$ - 8.5$ Important support and resistance ranges are marked on the chart and everything is clear ... 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 📅 04.DEC.2021 ⚠️(DYOR) ❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
Long
by ArmanShabanTrading
₿ SOLANA 1D ₿ : 04.DEC.2021 : $SOLAppealing price ranges for long-term investment and HODL in #SOLANA : 150$ - 180$ Important support and resistance ranges are marked on the chart and everything is clear ... 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 📅 04.DEC.2021 ⚠️(DYOR) ❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
Long
by ArmanShabanTrading
1
₿ Decentraland 1D ₿ : 04.DEC.2021 $MANAAppealing price ranges for long-term investment and HODL in #MANA : 2.5$ - 3.3$ Important support and resistance ranges are marked on the chart and everything is clear ... 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 📅 04.DEC.2021 ⚠️(DYOR) ❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
Long
by ArmanShabanTrading
🔥 MANA V-Shaped RecoveryAfter the massive sell-off earlier today, it seems that the market is already recovering. Several alts are shooting up, of which MANA is outperforming almost all tokens. In case of BTC getting above 50k in the coming hours, expect alts to follow. I'm currently targeting the previous ATH at $5 and the current ATH at $6 as potential exit areas. Be aware that we might correct a bit towards ~$3.5 to $3, so wait patiently for the bounce from there. Happy trading!
Long
by FieryTrading
29
Be fearless when people scare, be scared when people are greedyBeware MANA within the next 24 hours. I would suspect the momentum is created in a past week's downside. The volume of trading is decreasing too, the RSI is compressed below the midpoint, the support at $4.2 is strong and the bear can not break it. The Decentraland as usual open the party on their land. The Axie retook the spotlight from Decentraland and it is time for us to see the comeback of the MANA. However, in order to have a strong push, the MANA might need to go lower at 3.9 to get more momentum for the next $7.5 run. This is not financial advice and trade responsibly!
Long
by Haizsama
1
#MANA is ready to pump more than 80%#MANA in it's #USDT pair made a triangle and there is 2 possible scenarios for this chart in 4h time frame 1 : Break out the triangle and reach to 5.3 and 5.8 as next resistance levels 2: break down supporting level in the area of 4.2 and retest next support in 3.93 and 3.5 IN both scenarios #MANA is following targets : 6.5 - 7.8 - 9 - 10 - 15 Best approach is buy step buy step in the supporting levels and rebuy in Rebuy Zone if stoploss (3.93)
by SorooshSchool
8
Decentraland ( MANA ) Bullish Trend / Metaverse Leaders / H4Metaverse is a world that has been on the tongues for some time! MANA and SAND are the two leaders of metaverse, the analysis of SAND was recently published for you. MANA broke its long term trading range and rallied up with series of bull candles. After hitting new ATH it fall down and got supported with $2.22 - $2.34 price. Then it started to create higher highs and higher low is simplest and basic sign of bull trend. 2 important levels for us are: 1) Bullish Trendline ( Gold Line ) 2) Breakout point as Support ( $4.2 - $4.36 ) Higher prices expected if bulls hold price above this 2 levels. **This is not an investment advice. Your capital might be at risk.** Give me your idea on comments... Good Luck...
Long
by AmirSoraya
6
Mana to $7 or $3 first ?Hello all. Interesting pattern formation for mana both on daily and on the 4hr charts. We have a descending channel which can play as a bull flag and put us around $7. On the other hand, we have formed a descending triangle which is a bearish pattern. The measured move for this patter is approximately 35% which will put us at around $3 range. This level corresponds with the 50 EMA on the daily also with the fib gold pocket. Definitely interesting to watch since we have bearish and bullish sentiment going on. Keep an eye on it. Super bullish long term and buying more. Top of the ascending channel sits around $7 which we will reach very soon no matter what. Thanks for reading and stay tuned. Enjoy.
COINBASE:MANAUSD
by EdgarTigranyan
1
MANA: HTF FractalHTF Fractal taken from previous price increase, when stretched so that the beginning of the run fits the beginning this current run, seems to be somewhat predictive so far. Is this a crazy price target? Yes. May it be warranted? Possibly... MANA is now a direct competitor to 'META' (formerly, 'Facebook'). Meta's current market cap is ~880 billion. MANA's is around 8.6 billion. If MANA had Meta's market cap (so assuming some scenario where MANA becomes THE metaverse, beating out Facebook /Meta and all other competitors), that would put MANA's price at ~$482. Full disclosure: this isn't so much a serious possibility in my mind, at least not yet, I'm just posting this to see how this theory/ fractal pans out; mostly just curious.
Long
by VictorFreed
2
Virtual vs Real Estate - $MANA vs US/Chinese Real-EstateIt's always been a dream of mine to have a creative space where artists, intellectuals, entrepreneurs and activists could congregate and meet. High costs of living made this impossible but we might be able to do something similar in the #metaverse, which is the next best thing. I've already seen some amazing stuff in Decentraland and Cryptovoxels despite it being very early. Very bullish on the direction the metaverse is going in right now. Once royalties and distribution of #NFTs get streamlined, there's no telling how big this thing could get. IRL, artists have already been displaced many times due to NIMBYism and a society that just can't be bothered to give creatives the decency of basic infrastructure and services. #Crypto gives a low-cost option of selling their work in ways that Web2 failed to do. So the goal of NFTs, Metaverse, and crypto-based creative projects should be to make as much cool things as possible, to draw attention away from traditional arts/entertainment venues and brick-n-mortar museums/galleries to shift demand towards these mediums over IRL ones. Real-estate prices are way overinflated right now due to decades of NIMBYism, mismanagement and corruption in the appraisal process and is waiting to pop any day now. The metaverse may be just the thing needed to accelerate that pop. This is good for most people, as a whole. Ignore the talking heads saying that a real-estate crash would hurt the poor. That type of trickle-down BS is what got us into our current situation to begin with and should be dismissed entirely. A deflated housing market will reduce rents and homelessness - it's just math. So in a way, the metaverse IS the market correction in the IRL real-estate market that we've been waiting for. Induced demand goes digital, countering the artificial scarcity of NIMBY practices in the real world, and will reach a new equilibrium of sorts after a few years. After that, it's anyone's game. But we get interesting content in the digital world while reducing rents IRL at the same time. A win-win. But my money is on $MANA, $ETH, and NFTs since they're small in size by comparison and has a lot of room to grow. That's how money is made. If you need proof, this chart showing MANA doing inversely well against the US and Chinese real-estate market right now. The US markets are printing a lot of money to keep their prices artificially high, but as inflation rises it's going to reach a point where growth will no longer be possible. And so far it's pointing in the direction that crash could result in crypto assets experiencing exponential growth as a result.
COINBASE:MANAUSDLong
by RyanTanaka