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MANA/USD breakout is coming, buy as much as you canMANA/Usd for last hours there has been long green volume candles, showing that buyers are now increasing after the period of consolidation, i am expecting it to give the breakout on upperside with good volumes and once breakout happens it can easily touch 5$ mark. Remember 2nd wave is always stronger and harder, its the second wave for mana lets make some real money..!! Reason why i am bullish :- the volume profile note shows that big fund investors have bought at higher levels and they will not exit in loss, so once consolidation finish there will be very big move
CAPITALCOM:MANAUSDLong
by Pradhumnchauhan
5
Virtual vs Real Estate - The Metaverse, NFTs, and Induced DemandAfter China's real-estate market took a nose dive this year, a lot of people are anticipating the same might occur in the US in the near future as the repercussions of the former start to affect the latter. Noone is quite sure what's actually going to happen, but so far the forecasts haven't been looking too good for US assets and the USD in an overall sense. At the same time, we've seen a renewed interest in "virtual real-estate" -- even Mark Zuckerberg is talking about the "metaverse", so to speak. Are we about to see a spike in demand in these platforms in the near future? I do think that the future of crypto is not making money off of coins themselves, but taking a risk on the products built underneath them. Some quick impressions of each metaverse: Cryptovoxels - It looks and feels like "crypto Minecraft" -- the interface is a little rough and the loading times can sometimes be too much, but it does have a lot of energy and inspiration behind them. Kind of like what the "art districts" used to be like in the real-world, I think. Decentraland - been around the longest and it does show. They have onboarding tutorials, the UI isn't perfect but it's mostly worked out, and has a nice balance between goofyness and a professional decelopment. (You can find the DOGE museum in the museum district there, for example.) But the rent here is not cheap, at least from what I've seen so far. Somnium Space - this metaverse feels like it was built by a bunch of MBAs who worked for a real-estate company prior. The listings, marketing, and style of it feels that way too -- and they're listing themselves as a "high-end" product so don't expect it to be cheap. But it does have a professional and clean feel to the whole thing, which may work for some. The SandBox - I didn't mention this in the video since they don't seem to have a working demo yet, but they have been successful in raising funds from investors as of this week. How they do, is TBD. But it's also proof that there is interest in the space even from an investor's standpoint.
COINBASE:ETHUSDLong
by RyanTanaka
MANA / USDT (Decentraland). What will happen next? Upside run?Wow, what a weekend for MANA (Decentraland)! It has fallen significantly, but could we see another run upwards? Remember to trade safely with this one as it is relatively volatile. Enter a long position if/when it breaks out. Take profit ideas: TG1 - 3.53$ TG2 - 3.78$ TG3 - 4.18$ TG4 - 4.5$ I keep it simple and clean! Likes, comments, and follows are dearly appreciated. Let me know what you think and which ones you would like for me to analyze next. Trade safely!
Long
by Droz_TA
5
MY MINIMALIST ANALYSIS FOR DECENTRALAND $MANA (ADJUSTED CHART BASED ON CORRECTION from PARABOLIC) 11.02.21 1246H +8 SINGAPORE ALERT: ENTRIES, PARTIAL EXITS, EXITS, and MAXIMIZED AREAS OF VALUE THIS IS AN AREA OF OPPORTUNITY: WITH THE SUCCESS OF OUR FIRST SWING, THIS IS A ZONE OF ENTRY FOR A SECOND SWING. THE MARKET IS FORMING A COIL ON A BULLISH TREND. It has further attracted BUYERS and fueled further upward momentum. FOMO is still on the rise turning out to be positive for this MARKET. Price is still at a bargain, considering, $MANA is comparable to $BNB. You may want to TOP-UP for this, and to those who have missed out on the First Swing, here is another chance. Roughly 150% gains on MAXIMIZED TARGET AREA OF VALUE. HAPPY TRADING AND ENJOY THE WEEK! Disclaimer: The findings of the following analysis are the sole opinions of the publisher of this idea and should not be taken as a piece of investment advice. "FOLLOW THE WHITE RABBIT!" Follow the TOPS and BOTTOMS of the BOXES. HOW TO USE THIS MINIMALIST CHART Created on a MONTHLY, WEEKLY & DAILY Analysis (The Dynamics of the Market.) It is designed for SWING TRADES at the BOTTOM. I do not SHORT, though, you can still use it. TARGET ZONES IDENTIFICATION The LARGE BOXES (Tops and Bottoms) are MAJOR pivot points that will occur sometime in the future. While the SMALL BOXES (Tops and Bottoms) are MINOR pivot points. These can be entries to a BUY/ SELL POSITION, EXIT/PARTIAL EXIT/TOP-UP AREAS and if you wish to hold longer for a MAXIMUM TARGET EXIT AREA OF VALUE -CONSERVATIVE (If price action conditions are right.) At times I include WAY BEYOND PARABOLIC Price TARGETS depending on The Character of the Market. Watch out for your Volume, Chart Patterns, Candlestick Math, FIB COILS (ABC), Price Action, FIB LEVELS, Market Dynamics, and especially trading psychology. Wishing you all The Best Trades and Thank you all for your Appreciation and Support of My Work. Much thanks to My 3 Mentors! Note: Master your Trading Discipline and Trader's Psychology Vive Le Austist!
COINBASE:MANAUSDLong
by The_Crypto_Samurai
MANAUSD Descending WedgeA descending trend line since the ATH yesterday is visible on the hourly chart with multiple spikes occurring due to pump and dumps and/or covering of short positions (though I have not done enough research on short interest on MANA - likely bag holders are exiting positions with each new spike). $2.557 seems to be a crucial price of supply meets demand since October 30. Combine this price with the aforementioned descending trend line we see a descending wedge forming. I anticipate a breakout from this pattern in the next few hours. A breakout down might imply further sell off to $2.1533, then further to $1.69. This collapse may be interrupted by the larger, bullish trend (which, from my interpretation, began on October 28). On the other hand, a breakout up may be met with supply/resistance at $3.43, from where a parallel channel may form (with $2.557 being support/demand zone) until the next large influx or efflux of volume. A breakout above $3.43 may imply further price movement toward $3.887, then potentially a retest of the ATH ($4.99). The price targets I provide are my own anecdotal opinions and I observe them making room for error. Regardless, volume is dying. The hype is waning. MANA volatility may wane similarly to other meme assets such as DOGE and GME. The purpose of this post is so future me learns from what I theoretically predict and what actually occurs.
COINBASE:MANAUSD
by SKIE_Watching
Decentraland MANA/USDT rally after Facebook rebrands to MetaOpened to the public in January 2020, Decentraland is an Ethereum-based virtual world, or metaverse, that is owned by its users and governed through a decentralized autonomous organization (DAO). Decentraland uses two tokens: MANA and LAND. MANA is an ERC-20 token that must be burned to acquire non-fungible ERC-721 LAND tokens. MANA tokens can also be used to pay for a range of avatars, wearables, names, and more on the Decentraland marketplace. BINANCE:MANAUSDT Resistance Zone / Sell Zone R1: 6.171 R2: 7.271 R3: 8.695 R4: 9.180 Support Zone / Buy Zone S1: 2.613 S2: 2.006 S3: 1.607 Cheers, MRHPx/CRACKadabra
by MRHPx
5
Decentraland (MANA) Hits New All-Time High | Bulls Win! +555%Decentraland (MANABTC) hits a new All-Time High. This altcoin trading pair was added to Binance back in September 2017, I can remember it even to this day. We have a long-term higher low in January 2021. Meaning, the low/bottom set on Jan. 2021 ended up being higher than the All-Time Low. We also have a higher high long-term. Higher lows tend to lead to higher highs. The growth is massive with over 555% in just the past 3 days. After April/May 2021 price peak, we had a correction that found support at the 0.618 Fib. retracement level. Something to look for in order pairs that are yet to breakout. The highest weekly trading volume is also visible since March 2021. Looking at this chart is why we recommend setting your orders on target and letting it roll. Over 5 months of correction were cleared in a single week. If you bought the coin but didn't set your sell orders on target, it would be extremely hard to get the peak. To understand what I am writing some experience is needed of course... But I am sharing for the beginner and the intermediate trader, some of the technical details for the advanced. Namaste.
Long
by AlanSantana
4