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Decentraland

Decentraland Wave Incoming? [MANA]MANA could be in the process of forming the C leg of a classic ABC correction/reversal pattern that normally occurs after a 5 count wave to the downside. If so this move could send the crypto up to a test of the $1 psychological price level. From where it stands that would be a cool 45% move to the upside. The price has about a 5% move to the downside if it wanted to go back to the closest support level, so keep that in mind before entering any longs right away. However, if you can stomach a possible 5% loss right out of the gate, you could very well be rewarded as MANA is also sitting above a strategically important level at the .236 fib level, an area that is often respected and associated with price reversals after capitulations. This is a good one to catch before price begins to run away from our .236 level which could be imminent with the recent steam that the overall crypto market has began to find. PLZ USE ALERTS/STOP LOSSES
Long
by TradeVibez
Decentraland (MANA) - July 20Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (MANAUSD 1W Chart) If the price holds above the 0.36122450 point, it is expected that the uptrend will continue. (1D chart) If the price is maintained in the 0.53293870-0.70458127 range, it is expected to turn into an uptrend. To continue the uptrend, it must move above the 0.79040255 point. If it falls in the range of 0.27547486-0.36129613, it is expected to enter the mid- to long-term investment area, so careful trading is required. ------------------------------------- (MANABTC 1W chart) If the price is maintained above the 1131 satoshi-1333 satoshi range, it is expected that the upward trend will continue. (1D chart) Looking at the big picture, the 1473 Satoshi-2295 Satoshi section is a sideways section. Of this sideways section, it is falling to the 1473 Satoshi-1884 Satoshi section, which is the lower sideways section. If it goes down, we should see if there is support in the 1336 satoshi-1473 satoshi range. To accelerate an uptrend, you need to break out of the downtrend line. ------------------------------------------ We recommend that you trade with your average unit price. This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to psychological burden. The center of all trading starts with the average unit price at which you start trading. If you ignore this, you may be trading in the wrong direction. Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves. ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator moves accordingly as price and volume move. However, for the sake of convenience, we are talking about the indicators in reverse. ** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** See support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. Explanation of abbreviations shown in charts R: A point or section of resistance that requires a response to preserve profits. S-L: Stop Loss point or section S: A point or section where you can buy to make a profit as a support point or section. (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day. G1 : Closing price when closed G2: Opening price (Example) Gap (G1-G2)
BINANCE:MANAUSD
by readCrypto
3
MANA Possible break and bull run out of falling-wedge (4 HOUR)Thank you for coming today!! 👋💲 I was just checking out a chart of our popular MANA 💧 token, and we see on a 4 hour view a nice falling wedge pattern🆗. For a good open position, it is wise to see if we can break this structure and have a healthy retest before entry. (It is always possible we break and impulse correct downwards, but I do not think that is likely.) If we drop below approximately 0.66 I would say we are going down to retest the bottom of structure once again. 🔎📌 MANA💧 🌡 is a token used to make it easy for users to own and trade digital land . Sounds crazy but its very popular 🏕🏙🛤🛣😅. It is correlational to ETH , so remember to keep an eye on ETH if you decide to invest in this token. I have listed above my buy points and target points🆗💧. (For more on ETH feel free to look at ETH chart and fundamentals linked to this post😃) About 3 months ago, MANA reached it's all time high price of $1.63 USD, I think we can easily see at least $0.88 in the near future. Long term price prediction is more in the 4 dollar range for this year. However, I believe that with the collapse of fiat, both digital and tangible real estate will become increasingly popular this year. Optimistically my price prediction for MANA💧 goes as high as 10 dollars within the next 2 years. ⏬⏬ Reason being: Decentraland at the beginning of 2021 had approx. 1.5 thousand users, to date there are approx. 20,000 users 👉 1233.3% increase in number of users in less than a year, imagine what the next couple years can do! Just 3 weeks ago a plot of land sold for almost 1 million dollars on Decentraland, let's not overlook this token/Dapp! Let's see and always remember ⏬⏬ 🛑This is not financial advice🛑 Above are approximate targets based on fibs and major trend-lines etc. I always recommend looking at multiple charts when making a big investment, thank you! Jazerbay ☯
Long
by jazerbay
25
MANA toke is ready for a big moveSupport and resistance levels: From November 2020 to April 2021 the price line of MAN token surged more than 2600%. After finding strong resistance at $1.55 0 the priceline found nice support at $0.50. Right now it is moving between the $0.80 resistance and the $0.50 support level. If the $0.80 resistance will be broken out then we have the next resistance levels at $1 and $1.20. Once candlesticks will break out the $1.20 then MANA can easily move up to break out the next resistance at $1.55. Daily SMAs and a possible death cross: On the daily time frame, the price action has recently broken out the 200 and 50 simple moving averages. Now we have the next resistance of 100 simple moving average approximately at the same level where we have the $1 resistance level. The 50 simple moving average was moving down aggressively to form a death cross with 200 SMA. Now it is turning to the right side, therefore, it is possible that now this expected death cross will be avoided. However, if the death cross will be formed then the price action can still move towards the upside. Because the death cross will be formed below the candlesticks and there is a good support of 50 and 200 simple moving averages below the price action. Bullish harmonic Cypher move: n the weekly time frame chart, the price action of MANA has formed a big bullish Cypher, at the moment the priceline is moved up after visiting the buying zone, but it is possible that it may give us another chance to catch from the potential reversal zone if BTC takes one more dip. As per the Fibonacci sequence of Cypher, the buying and sell targets can be as below: Buy between $0.6937 to $0.4283 (There is also strong support at $0.50) Sell between: $0.9026 to $1. 40 There is also strong support at $0.50, therefore we can also set this level as a stop loss. As per the above targets, this trade has a big profit possibility of 220%, and the loss possibility is 38%, but we can also use $0.50 support as a stop loss to minimize the loss ratio.
Long
by moon333
🆓Decentraland (MANA) July-4 #MANA $MANAMANA is quite strong at $0.55 zone and it is likely to continue to rise sharply in the next few days to $0.7 and $0.85 zone. However, if it loses $0.55 zone then we will consider buying back at $0.45 zone 📈BUY 🔴Buy : 0.535-0.565$. SL if B 📉SELL 🔴Sell : 0.68-0.72$. SL if A 🔴Sell : 0.83-0.87$. SL if A ♻️BACK-UP 🔵Sell : 0.535-0.565$ if B. SL if A 🔵Buy : 0.44-0.46$. 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
Long
by CryptoStation
$BUGG INU. NEW ERA OF DeFiHi, traders! Have you ever heard about DeFi? Some people, who don’t, I’ll surprise that you use it every day, buying or selling crypto. This sphere evolves exponentially. Today we’ll speak about one of the most exciting DeFi models – BUGG INU. While there are many decentralized crypto projects in the space, BUGG seems to stand out because of the unique innovations it wishes to introduce to the crypto and DeFi space. BUGG INU was created on the 29th of May, 2021 and the project seems to be the fastest-growing project of its kind. BUGG is a decentralized autonomous yield generation protocol. Simply put, the model allows its users to earn its native token just using it. The native token of the project is $BUGG. Each time a transaction is done, whether the token is bought or sold, you’ll get 2% of the transaction as fee. This model is much more beneficial than the traditional finance system. Banks, for instance, may decide to give a certain percentage of interest to its users after a certain period. However, this interest is usually minute and is usually fixed no matter how many transactions occur. The BUGG protocol on the other hand will grant more rewards to its holders if more transactions occur on the protocol. This extra passive income earned by users can be tracked via the user’s wallet balance, the price of the token and more. To reduce supply and create scarcity of the token, Bugg burned 50% of its total supply. Additionally, another half of the redistribution fee will be burned to deflate the token. This burning mechanism will drive the value of the token up in the long run. As you can see, BUGG’s philosophy looks like the quintessence of Ethereum with burning Gas and Pancake with its stacking. We will track this platform and tell you if it’s valid to use it.
B
by Skyrexio
MANAUsdtAs long as we don't get any clear view with Bitcoin and we have to other choice than a wild guess, We'll keep it safe with altcoins. So let's look at a low ball order on the weekly timeframe. There we see a very interesting zone, 60% below the current price, where we have not yet gotten any interaction. We broke an extended uptrend line and have been playing around with the mid-point of our range for the past few weeks. Certainly not an impossible level to fill so what we encounter here! Dutch: Zolang we bij Bitcoin geen duidelijke bewegingen krijgen en we dus wat moeten gissen houd ik het bij altcoins veilig. Laten we dus eens kijken naar een lager order op de weekly timeframe. Daar zien we nog een 60% onder de huidige prijs een zeer interessante zone zitten waar we nog geen interactie op hebben gekregen. We braken een langdurige uptrend lijn en zijn de afgelopen weken wat aan het spelen met het middelpunt van onze range. Zeker geen onmogelijk level om nog te gaan invullen dus wat we hier tegenkomen! Entry levels: $0,34 Targets: $0,79 – $1,21 – $1,40 Trailing: 10% op de 3 targets Stop-Loss: $0,19
Long
by MyPileus
2
🆓Decentraland (MANA) May-20 #MANA $MANAThe buying force is coming back to MANA and it could have a quick recovery in the next few days up to 1.1$ and 1.5$ zone. But if it loses the 0.7$ zone again, it will come back to 0.5$ zone again or even 0.3$ zone 📈BUY -Buy: 0.78-0.82$ -Buy: 0.68-0.72$. SL if B 📉SELL -Sell: 1.07-1.13$. SL if A -Sell: 1.46-1.54$. SL if A ♻️BACK-UP -Sell: 0.68-0.72$ if B. SL if A -Buy: 0.48-0.52$ if A. SL if B -Buy: 0.28-0.32$. SL if B ❓Details 🕯Timeframe : 1 Day 📈Red Arrow : Main Direction as BUY & 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
Long
by CryptoStation
money MANA moneyGuys, it's pumpseason and I would say that Decentraland is going to have another pump⛽ soon! MANA ⚗️ is backtesting the previsouly broken upper edge of triangle 📐which now acts as support. If it holds there is chance for run to 2.16 and even higher. ENTRY : local high @ 1.4574 SL : local low @ 1.344 TARGET : height of the triangle projected from midpoint of the local range (BUY - SL) @ 2.16 RRR : 6.3 INVALIDATION : when SL level hit Like👍 & Enjoy📺!
Long
by bizmark
3
MANA OF DECENTRALAND short-term set up(PLEASE READ DESCRIPTON)Hello traders and investors. 👋 I am looking for a double-top here. We are in a large ascending-channel which means we will be expecting a break DOWN⏬ soon, that makes this a RISKY❕ trade, but I am looking to see if we can get a double-top before the down. We need a breakout from the channel it has been trading in for the last few days to do so. Watch for MANA💧 to hit near bottom of channel (our entry point,) and then see as we make our way up to our target point (~1.64) Please set a stop loss for this idea!! 🛑🛑🛑This is not financial advice, always have a stop🤚🛑💲 loss set🛑🛑🛑 It is a good idea to always monitor 🧐👀 BTCs movement when making any trade, but in this case also monitor ETH as MANA💧 is run on ETH. so keep that in mind 🙂 Any thoughts 💭🤯, questions 🖐❓🙋‍♂️🙋‍♀️, happy😃, sad😥, like👍 or dislike 👎 welcome in comments below!👇😄 Jazerbay ☯
Long
by jazerbay
19
Decentraland could be listed on Coinbase PRO!Decentraland looks very strong here. It is listed on Coinbase, but not Coinbase PRO so it is only traded vs USDC. If it gets all the pairs (USD, BTC, EUR, GBP) it could easily pop higher from here. Currently it has formed something like a massive flag right above the 2018 highs. Back then that was a massive distribution period and I thought maybe it wouldn't have come all the way back here. But MANA is one of those tokens which seems to have easily come back above its 2018 ATHs which for most projects it isn't an easy task. Very few get to make new ATHs and MANA seems to be one of them. Now NFTs/Gaming/VR which MANA has all combined in a way are pretty big for crypto so I think it wil do well. Something also important is that it has big backers (i.e Barry Silbert) and now the Grayscale product might also give an extra boost. Essentially these are the reasons I believe it will be listed + if Enjin is on Coinbase PRO, why wouldn't Decentraland be? MANAUSD big breakout with the potential to get all the way down to the bottom of the green zone
Long
by BitcoinMacro
Decentraland (MANA) - April 29Hello? Dear traders, nice to meet you. By "following" you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (MANAUSD 1D chart) You should watch for any movement that deviates from the 1.39115151-1.56279408 segment. If it falls, you need to make sure you get support at 1.30533024-1.39115151. If it falls from 0.90768802 point, a Stop Loss is required to preserve profit and loss. We have to see if we can stockpile the power to ascend above 2.0 points. ------------------------------------- (MANABTC 1D chart) We must see if we can ascend above the 2705 Satoshi point. If it falls, we need to make sure we get support in the 2295 Satoshi-2432 Satoshi section. -------------------------------------- It is advisable to trade at your average unit price. This is because if the price flows below your average unit price, which was on an uptrend or downtrend, there is a high possibility that you will not be able to earn a large profit due to the psychological burden. The center of every trade starts with the average unit price you start trading. If you ignore this, you may be trading in the wrong direction. Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, so that the money that ultimately corresponds to the profit can regenerate the profit. -------------------------------------------------- ------------------------------------------- ** All indicators are lagging indicators. So, it's important to be aware that the indicator moves accordingly with the movement of price and volume. Just for the sake of convenience, we are talking upside down for interpretation of the indicators. ** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.) ** Check support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All explanations are for reference only and do not guarantee profit or loss on investment. Explanation of abbreviations displayed on the chart R: A point or section of resistance that requires a response to preserve profits S-L: Stop Loss point or section S: A point or segment that can be bought for profit generation as a support point or segment (Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.) GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day. G1: Closing price when closed G2: Cigar at the time of opening (Example) Gap (G1-G2)
BINANCE:MANAUSD
by readCrypto
1