Decentraland
🆓Decentraland (MANA) Oct-2 #MANA $MANAMANA has good support at 0.7$ zone and it has really high potential in this October. Its targets would be 0.9$, 1.1$, 1.4$ and 1.8$ zones. But if it loses 0.7$ zone, it will fall down to 0.6$ zone
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 0.7$ zone
🔴Buy : 0.7$
🔴Sell : 0.9$ - 1.1$ - 1.4$ - 1.8$
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 0.7$ zone
🔵Sell : 0.7$
🔵Buy : 0.6$
❓Details
🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of 1-day candlestick is Above the zone
🅱️B : The Close price of 1-day candlestick is Below the zone
MANA: time to start buyingThis MAY be a bull flag, I'm not sure because it's too much inclined, so I'm just basing my analysis on trendlines and indicators.
MANA looks at a decision point as it's against a resistance but not just for this reason. VLPR shows current price range is where most of the transactions happened so far and, if you look at 4h and 1h bollinger bands there's a CLEAR contraction meaning a sudden move is about to happen. Since last LL was below 0.618 Fib line I think it's safe to believe this could start going up. However I'd enter carefully. Either you wait for next 4h candles to start shaping up or you enter with 20% of you position.
Worst case scenario: MANA goes into the 0.786 Fib line territory (around 0.51USDT) and then goes up but entering with a 20% of the money you can do a DCA even if this is a short term signal.
Best case scenario: it goes up and you've already a 20% of your bag.
What I would do: at the time I'm writing the 4h candle has 7 min left, I'd wait for at least another 2h before taking a decision.
Use stop loss. Good luck
Call me MANAna!Decentraland : Inverted Head and Shoulders in the making with target $0.95. Entry on the neckline (white) backtest if broken up. SL below the right shoulder. RRR ~3. Call me MAÑAna!
Please like👍, comment🗣️, follow me✒️, enjoy📺!
⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
MANAUSDT🌟MANA in lower time frames (which is in bearish bias) has shown weakness and the bulls break the trend line which is why it makes us enter position
🌟if you are interested you can also use this MANA in the main platform's game as the main currency and also trade it there with properties which can also give profit over time but that's optional, its also fun
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Possible $MANA SituationPENNANT FORMING DURING ACCUMULATION PERIOD!
Ever since tapping its ATH of $1.60, MANA broke down and found support in the red zone.
I believe it will move sideways for the next couple of weeks in the .75 to .95 cents range before a move up to $1.60
After that, it will discover a new price above the 1.6 fib levels.
If there's one thing I've learned about crypto, it's that as long as the coin has a real use, then it'll someday get back to its peak levels.
*This is not financial advice, please do your own research*
P.S. Let me know what you think of this analysis in the comments, I would appreciate the feedback!
🆓Decentraland (MANA) Sep-2 #MANA $MANAMANA just got rejected at 1.1$ and it could fall to 0.85$ area in next few days and continue to move towards 1.25 and 1.7$ zone this September.
📈BUY
🔴Buy : 0.83-0.87$. SL if B
📉SELL
🔴Sell : 1.22-1.28$. SL if A
🔴Sell : 1.66-1.74$. SL if A
♻️BACK-UP
🔵Sell : 0.83-0.87$ if B. SL if A
🔵Buy : 0.73-0.77$. SL if B
🔵Buy : 0.635-0.665$. SL if B
❓Details
📈Red Arrow : Main Direction as BUY and SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of 1-day candlestick is Above the zone
🅱️B : The Close price of 1-day candlestick is Below the zone
MANA-USDT Buy and HoldBUY AND HOLD
In addition, we remind you that as the popularity of the metaverse and the Decentralized Earth has increased dramatically over the past year, which has led to an increase in demand, the digital assets associated with them (i.e. their own MANA token, real estate / real estate / LAND prices, etc.) have also increased significantly in price. This, in turn, led to increased interest in investing in a metaverse / decentralized territory and institutional implementation (for example, recognition and penetration into the corporate environment / brand).; A trend that is likely to continue in the future, when companies such as Atari acquire large holdings to interact with customers. This, along with the growing popularity of the NFT market and related digital assets in a decentralized country (for example, wearables, collectibles, etc.), is likely to continue to stimulate the value proposition of a Decentralized country in the future.
By facilitating the new and complex process of investing, buying and renting in decentralized and similar implementations of the metaverse, Metaverse Property aims to make the process of virtual real estate transactions smoother through various service offerings. These include: real estate management, development, consulting, marketing and investment through Metaverse REIT. The Metaverse property provides access to a variety of offerings in the main areas of the Decentralized Earth, including Crypto Valley, Dragon City, Ether City, Vegas City, Fashion Street and District X. Thus, Metaverse Property strives for a vision of the future that simulates the "First Player Preparing", where business and real estate will exist in tandem at new frontiers, including both material and digital reality. The company strives to promote this vision and commitment to its core principles of creating the best places to call home by doing what is right.
Take into account that the NFT market tripled last year with a very strong movement by 2021. As more and more wearables, collectibles and art become represented by NFT and with broader overall investments in space, the demand for a mechanism for storing and displaying these digital assets will constantly increase. Decentraland and similar metaverse implementations are the main mechanisms for storing / displaying these digital assets, thereby adding an additional dimension to the Decentraland value proposition.
Investing, Buying and Renting with Metaverse Property Even though virtual land / real estate is becoming an increasingly valuable emerging asset class across the metaverse, many investors may be overwhelmed by the novelty or complexity of buying / renting / investing in Decentraland digital real estate.
To this end, one of the partners of the GDA Group, Metaverse Property, has tried to make the process of operations with virtual real estate smoother with the help of various service offers.
Metaverse Property is the first virtual reality-based real estate company in the entire industry, providing access to the developing virtual land industry through various metaverse implementations, including:Decentraland, TheSandbox, Somnium, Cryptovoxels, and Upland.
Metaverse Property facilitates the purchase and sale of virtual property in addition to a set of other services led by pioneers in the NFT and blockchain industry.
Some of these services include:
● Property management: includes renting out real estate to clients, technical and aesthetic services, collecting rent from clients, a contact point for all questions and requests related to clients.
● Development: managing the design, design and development of a building, as well as creating a project on the map.
● Consultations: assistance to real estate owners / tenants in making important decisions in the field of real estate based on virtual reality using their knowledge about the virtual earth in the metaverses, as well as about the blockchain industry in general.
● Marketing: Metaverse Property has reliable access to a growing advertising network that exists in various metaverses. In addition, the team has significant experience in marketing various projects related to blockchain and NFT. Thus, they have demonstrated the ability to increase accessibility and can do this for virtual land or enterprises.
In addition, Metaverse Property has created the first virtual real estate investment trust (for example, Metaverse REIT), providing investors with access to the best real estate assets in the metaverse without burdensome barriers to entry, such as developing technological savvy in the blockchain and metaverse market spaces. Consumers can get access through the Metaverse Property REIT token: NFT, supported by the company's virtual land and real estate portfolio.
As for Decentraland, Metaverse Property provides access to land in five Decentraland districts, including some of the following:
● Crypto Valley: A virtual land / district in Decentraland, where a community of cryptocurrency / blockchain-based projects unites to form a community focused on promoting innovation.
This comes from the name of its real-world counterpart, Silicon Valley.
● Dragon City: Dragon City combines ancient Chinese culture and modern Western civilization, reflecting a kind of fusion of East and West.
● Etherian City: One of the main attractions of Decentraland, covering the largest cyberpunk community in Decentraland. Some of the attractions in it include a nightclub, various living quarters, a specially designated area for tournaments, various playgrounds and other events. In accordance with its cyberpunk nature, the setting of this area seems futuristic and includes an environment stylistically similar to "The First Player at the Ready".
● Vegas City: True to its name, Vegas City in Decentraland is actually a double of its real counterpart, Las Vegas. This is a party city, a Decentraland gambling district designed to mimic Vegas. There are many casinos, shopping centers, nightclubs, concert / concert halls and other entertainment venues.
● Fashion Street: This area reflects the real brands of leading brands (for example, Gucci, Prada, RalphLauren, etc.) and brings the same concept to Decentraland. In fact, Decentraland users can go to Fashion to get a more detailed shopping experience.
● District X: District X is the" red light district " in the Decentraland community, which contains many adult services, such as: VR pornography, dating services, adult e-shops, adult online chat and much more.
In particular, some of the offers that Metaverse Property owns or offers in Decentraland itself include the following:
● Global Digital Assets Estates
● GDA Dragon Estates: Global Digital Asset Estates near Dragon City.
● GDA Crypto Valley Estates: a meeting place for startups and investors.
● GDA Aetherean View,
● GDA Plaza Estate
● University-related district plot: A nice plot on the University highway, beautifully located within the district. It is suitable for driving on roads due to its proximity to the motorway.
● Plot associated with Anarchy International: a plot of land located with coordinates (x, y) = (30, 65) in Decentraland.
● The site connected to the conference room, on the main road: this site is an ideal opportunity for business / commerce due to the active activity around it and its convenient location.
● Fashion Street Estate: One of the most affordable estates on Fashion Street.
● Large Genesis Plaza Estate: This is one of the largest estates for sale in all of Decentraland, with a great location in close proximity to Genesis Plaza.
● Legacy of Blockchain Names: This estate includes some of the leading blockchain domain names in the world, including:
BlockchainJobs.com, CryptoInsurance.com, BlockchainSports.com and NewYorkBlockchain.com
Metaverse Property company adheres to the vision of the future, which simulates Ready Player One, where business and real estate will exist in tandem at a new frontier, including both material and digital reality. The company strives to promote this vision and commitment to its core principles of building the best places to call home by doing what is right.
In addition, Metaverse Property is headed by co-founders Michael Gord and Jason Cassidy, each of whom has extensive experience in finance, consulting, software and blockchains.
🆓Decentraland (MANA) Aug-12 #MANA $MANAMANA has conquered the $0.75 zone and is heading towards the $1 and $1.2 zone by the end of August. But if it loses the $0.75 zone, the $0.65 zone is still a strong support for us to buy in
📈BUY
🔴Buy : 0.73-0.77$. SL if B
📉SELL
🔴Sell : 0.975-1.025$. SL if A
🔴Sell : 1.17-1.23$. SL if A
♻️BACK-UP
🔵Buy : 0.635-0.665$. SL if B
❓Details
🕯Timeframe : 1 Day
📈Red Arrow : Main Direction as BUY and SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of candlestick is Above the zone
🅱️B : The Close price of candlestick is Below the zone
Mana eye balling $1We have just broken out of a consolidation phase, broke along the top now on a slight retest. We should see a nice uptrend followed by another pullback creating a Double Bottom which would send us on our way towards $1 as we head into the weekend.
2 Indicators we must pay attention to is if we break back into the consolidation phase & test the lower resistance, this could indicate a reversal. Also the RSI has shown strong Uptrend patterns repeatedly, as we bounce off this RSI resistance we should continue on an upward trend. But if we break below this trendline then we will see a reversal throwing us into another Consolidation or breaking this trend & getting Bearish.
Decentraland's MANA... next stop $1Are you into the NFT craze? If you're not, you should be, and MANA is a great way to get involved. Plus, chart is bullish. I think that we will see a $1 MANA again, soon! Look at that sweet "W" on the daily And, the RSI is printing an inverse H&S pattern :-)
Happy Trading y'all! And don't get shaken out of this market!!!
MANA is going up again to $1.2As the chart shows:
- MANA has formed an Ascending Triangle pattern
- Prices are testing resistance more and more and have been near it for a while
- MACD sounds promising
In my opinion, this great project might go up again following this ascending triangle pattern to about $1/1.2
Thanks for reading!