MANA.USDT (Y21.P2.E1).Buildup for big moveHi traders,
We are at the last stages of this structure and potential breakout.
As you can see we have had 2 touches to the resistance level and looking for the 3rd as a potential rejection but also a breakout.
How to trade this?
Breakout from this local structure or
breakout of the main resistance.
There is a likely chance that this level will be retested after it breaks this level.
Main overview
Decentraland
$XRP PT 3 and higher by June 2022Ripple’s XRP perfectly suited for central bank supported digital currency...
A study by the Bank for International Settlements (BIS) has shown that a central bank-supported digital currency (CBDC) is supported by governments, especially in emerging markets with poorly developed economies. In addition, more than 80% of the 66 central banks surveyed are already working on the development of a CBDC in some form. Furthermore, 40% of the banks surveyed have moved from a conceptual stage to an experimental stage in their projects. This figure represents a significant increase compared to 2018.
MANAUSD TA Time 30-3-2021Greetings fellow traders!
If this the most recent, then mana is about retest the support. It looks like mana wants to evolve into a bull pattern, bull flag or ascending triangle. Retesting is a support is quite inevitable at this point.
Short- & Mid-term: Bearish
Long-Term: Bullish
Good luck, be careful and may the trend gods be with you!
MANA about to pull a CHZMANA decentraland is a project about gaming and NFTs
I expect to pull a CHZ, with a bigger than expected return. In that context I would accept a 10$ MANA :)
I hope this isnt another fakeout, or I would be calling a top rofl
Let it develop, but I got a position at 1.09 and I expect at least a 5 USD MANA before TP.
🆓Decentraland/USDT Analysis (27/3) #MANA $MANAMANA still stuck below 1$ zone and it is heading to this zone to conquer it again. If it succeeds, it will head to 1.2$ and 1.6$ zone
But if it loses the 0.8$ zone, it will fall down strongly so we need to pay attention to this 0.8$ zone
📅NEWS
👉Apr 5 : WTF are NFTs Conference
📈BUY
-Buy: 0.78-0.82$. SL if B
-Buy: 0.98-1.02$ if A. SL if B
-Buy: 1.17-1.23$ if A. SL if B
📉SELL
-Sell: 0.98-1.02$. SL if A
-Sell: 1.17-1.23$. SL if A
-Sell: 1.57-1.63$. SL if A
♻️BACK-UP
-Sell: 0.78-0.82$ if B. SL if A
-Buy: 0.52-0.55$. SL if B
❓Details
Condition A : "If 12H candle closes ABOVE this zone"
Condition B : "If 12H candle closes BELOW this zone"
MANAUSD TA Time 21-3-2021Greetings fellow traders!
First time TA on Decentraland! I'm a gamer myself. So, this is one of my favorite crypto projects. Obviously I'm bullish. ^_^.
Technically speaking we're seeing a pretty big symmetrical triangle on the 1H chart. Looks like EMI 1 is signaling a bullish reversal or confirming a support. If it does, it will confirm the bullish pennant. You know the drill, wait for candles to close significantly above or below resistance or support for confirmations.
See charts for potential targets.
Good luck, be careful and may the trend gods be with you!
Decentraland MANA USD 4h - symmetric triangle pattern formingMANAUSD forming a similar symmetrical triangle pattern that other cryptos are right now after seeing big pushes to the upside. This one could take a while to break, barring any news to push the price up based on fundamentals. The most recent attempt to break resistance was rejected at the upper boundary line, so watch for the lower boundary touch to see if the pattern will remain intact. If it does, the bottom line may be a good entry point. If it breaks bearish, the measured move to the downside makes it ripe for a short. If it does not break bearish, the retest of the upper boundary will come sometime in the next 48 hours. Playing the ping pong between the boundaries could be a pretty successful short term strategy while the consolidation continues.
Neutral until the retest of either boundary happens, which will dictate the entry point and duration of the trade.