Decentraland
MANA - LONG - Trade OpportunityMANA has been struggling to break the resistance at 0.00001280 for the last 2 months and it finally did, currently trying to retest the breakout before continuation of the bullish momentum.
Entry: below 0.00001325
Target 1: 0.00001489
Target 2: 0.00001639
Stop Loss: 0.00001236
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LITECOIN POSSIBLE PUSH UPHello guys,
Ltc looks like is ready to make an impulse to the upside, this is a short trade but could give us a nice +10% profit.
POSSIBLE TRADE SET UP:
Buy zone: $52 area
Profit: $56/$60 area (depending on your size you could get out with 1/2 of position @ $56 zone and let the other run.......)
Stop: @ around $50 moving it to "Break Even" as the trade goes in your favour.
This would be invalidated if Ltc moves impulsively to the downside.
And remember! you pull the trigger! you are the responsoble one! this is not financial advice, these are just my views of the market moves and trading style!!
PLEASE! SHARE, LIKE AND COMMENT!
Per Request: $MANA is Quite Slow MarketMANA is quite overvalued i think. Because it has 2.6+ billions total supply and 1 billion on the circulating, ranked as #80 on the coinmarketcap at the current moment. This token engaging in virtual reality industry. I barely know, this such thing can be so stabled even on the bear market.
And Wow... it listed on many markets more than I expected. 46 markets, huge. Why am I so surprised. Upbit, Bittrex, Binance, Huobi, OKEx and the rest, wow I should've found this from the beginning. It just out of my radar.
Started out from only one hundreds plus before the December 2017, now it's quite "Stable" above thousand sats-ish.
Mana chart is not something that i really love if i'm a swing or day trader, less volatility means less up and down, means less chance to get a huge profit.
If you're a vision investor, MANA could be one of your choice. Support should be around 929 - 839 sats. You can put buy other right there. or 1000 - 1050 sats are also fine. Target? 1760 to get out of my initial capital and let the rest riding.
If all of these ideas I posted helps you just give me thumbs up, shares, comments and follow me. If you have a suggestion, just fill in the comment sections or message me. Looking forward to hear from you all. Thanks a lot!
MANA AnalysisLooks like a nice support on the 1.616 fibonacci line and also the 234 moving average, it is now near the end of the full wave cycle so i believe an uptrend is likely as we approach the end of the year. MANA has historically performed better than a lot of alt coins while having a lot of volatility which is great if you prefer stormy seas!
Disclaimers, not intended to be financial advise, not an expert.
I am holding a little mana at the moment but only after seeing the chart.
Biffy
Selling pressure pushing MANA back under 1200Lower and higher time frames all oversold on the RSI, wicks through 1260 but failed to maintain through strong selling volume on the 15m time frame. I believe MANA is coming back under 1200, we may see a small bounce there but 1150 is very likely past that.
Bouncing between resistance 1200-1120Mana has found a new range between 1120 and 1200. If BTC maintains its descending triangle MANA should drop back down to around 1120 before bouncing back up over the next 24-36 hours. Once Bitcoin has had a change of pattern MANA will follow up or down exponentially.
Don't miss the trading opportunity in MANAETH. Technical analysis:
. DECENTRALAND/ETHEREUM is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 59.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00026700 to 0.00024700). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00026700)
Ending of entry zone (0.00024700)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00029100
TP2= @ 0.00031390
TP3= @ 0.00038970
TP4= Free
Don't miss the trading opportunity in MANAETH. Technical analysis:
. DECENTRALAND/ETHEREUM is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 59.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00026700 to 0.00024700). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00026700)
Ending of entry zone (0.00024700)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00029100
TP2= @ 0.00031390
TP3= @ 0.00038970
TP4= Free
$MANA - Decentraland Daily Analysis - BittrexWe have MANA in a support zone showing some life today with an engulfing candle forming. We may need to see how this candle turns out with another four hours to go. RSI and OBV is starting to tick up a bit. This is one to keep an eye on for perhaps some small gains. I would wait to see if todays or tomorrows candle breaks out of the green support zone before thinking of an investment.