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Decentraland

🔥🚩MANA IS PREPARING TO MAKE THE LAST LEAP: $1 SOON?🔥Hi, friends! MANA is a top gainer of the last week. This altcoin already makes +120-140% in a week and now reach the strongest resistance at the $0.69-0.71 value area. If we take a look at the first value area at $0.40-0.41, it's clear how the price broke this resistance. The same I expect now too. 📊 TRADING PLAN FOR MANA: 🔥 false breakout of the local low which is already created 🔥 close the liquidity gap at $0.64-0.66 🔥 bullish BTC 🚩 I marked for you 2 liquidity gaps (yellow area) where the price will be stopped with a huge probability. ✅ THE MAIN TARGETS FOR MANA: 1. $0.84 - the key level and local high 2. $1 - the key level and even number 2. $1.12 - the key level and local high The main reason why the price can consolidate here for some time is the retail traders that close their trades at break even after being in a loss for a few months. It can take some time for whales to absorb this liquidity and push the price higher. 💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU. P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.
by Yuriy_Bishko
2
SasanSeifi 💁‍♂️MANA/USDT : 6H UPDATE 11% 🔥HI TRADERS ✌ As mentioned in the previous analysis, the price faced buying pressure from the important support area of 0.61 and was able to grow 11%. The previous analysis is still valid.Maintaining the demand range is important for a positive trend.🔶 In case of further correction, targets in the range of 0.44/0.48 can be considered. The important resistance range is 0.74/0.76🔶 ❎ (DYOR)...⚠⚜ WHAT DO YOU THINK ABOUT THIS ANALYSIS? I will be glad to know your idea 🙂✌ IF you like my analysis please LIKE and comment 🙏✌
by SasanSeifi
MANA/USDT Maybe some correction is needed.Hi Dears Why MANA/USDT is going for correction? In this idea, I would tell you the answer to this question in a brief and useful format. First of all, we are moving near the weekly supply in the control zone. Second, the volume is decreasing. Third, the RSI shows clear Divergence. And at last, the rising compression pattern is made. So I think that correction is near. You have to wait until the trigger is activated. Maybe the price wants to spike to the supply zone that is likely fake for gathering the liquidity and then starts to fall. Sincerely Hosein Poursaei
Short
by hosein-9879
Decentraland (MANA) formed bullish BAT for upto 15% pumpHi dear friends hope you are well and welcome to the new trade setup of Decentraland (MANA) with US Dollar pair Prevously I shared a long-term trade setup for MANA, which is still in play as below: Now on a 4-hr time frame, MANA has formed a bullish BAT pattern for another price reversal move. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Long
by moon333
2
MANA: Short term BullishWho knows how the markets will respond to the Fed on Wednesday and Friday this week? It doesn't have to make sense. Inflation should have bolstered crypto because it's inflation-proof by design...but that didn't happen last year. This just means, for me, I will keep a close eye with tight stop losses. MANA is currently set up to at least revisit the resistance of the ascending channel (green), around $0.82. Following its rejection at $0.81, MANA has consolidated around the middle of the channel and is showing strength as it follows support (red dashed line). It may retrace back into the channel before heading higher to the low-mid $0.90s. The MACD isn't horrible and beginning to tilt upwards to cross into bullish territory. This post is not financial advice.
MLong
by keykomg
$MANA/USDT 12h (#Bybit) Rising wedge breakdown and retestDecentraland looks locally topped here and seems likely to retrace down to 200MA / ascending TL support. ⚡️⚡️ #MANA/USDT ⚡️⚡️ Exchanges: Binance Futures, ByBit USDT Signal Type: Regular (Short) Leverage: Isolated (2.3X) Amount: 6.5% Current Price: 0.6955 Entry Zone: 0.6975 - 0.7465 Take-Profit Targets: 1) 0.6070 2) 0.5205 3) 0.4340 Stop Targets: 1) 0.8180 Published By: @Zblaba Risk/Reward= 1:1.2 | 1:2.1 | 1:3.0 Expected Profit= +36.6% | +64.2% | +91.7% Possible Loss= -30.6% Estimated Gain-time= 3-4 weeks Website: decentraland.org
Short
by TradingOn
MANA: Slow but Steady ConsolidationSame chart as two days ago...still consolidating within range. As much as it is following the parallel channel(s) for a bullish scenario, should supports fail, the bearish M pattern is still on the table. Just below $0.81 and again at $0.91 will bring resistance should MANA break higher. A drop below $0.59 would invalidate the C&H. This is not financial advice. Keep an eye on the price. Apple news is always great, but they will ultimately do their own thing...because that's what Apple does. Do you own VR products or just trade? Adoption is key...consider investing in some hardware.
M
by keykomg
1
Decentraland: Indecisive 🙅🏼Decentraland is currently moving sideways, being quite tempted by our alternative scenario with a probability of 35%. In this case, the coin would exceed the resistance line at $0.7813 and rise into the blue target zone to finish up the pink wave alt. before heading back South. Primarily, we expect Decentraland to get back on track to fulfill the corrective low of the pink wave within the pink target zone. Once completed, the coin can start its bullish maneuver and climb North.
BINANCE:MANAUSD
by MarketIntel
MANA: Pullback in UptrendDecentraland (MANA) technical analysis: Trade setup : Price broke back above $0.42 and $0.60 key levels, and above 200-day moving average, with robust volumes, which are indications of bullish trend reversal. Pullback near $0.60 support could be a swing entry in Uptrend. Trend : Uptrend on Short- and Medium-Term basis and Downtrend on Long-Term basis. Momentum is Bullish but inflecting. MACD Line is above MACD Signal Line and RSI is above 55 but momentum may have peaked since MACD Histogram bars are declining, which suggests that momentum is weakening. Support and Resistance : Nearest Support Zone is $0.60 (previous resistance), then $0.42. The nearest Resistance Zone is $0.75, then $1.00.
Long
by altFINS
1
MANA $1.20 boundMANA broke the resistance of the macro descending channel (orange) 4 days ago and is currently still above that zone. Although there is a potential 'M' pattern forming (red), there is tremendous support all the way down to $0.59. I think the latest momentum and industry growth leans toward a more bullish scenario. Although these are simply my views and not financial advice, I believe MANA is going to follow the micro descending channel (aqua) as part of a greater ascending channel (green) as it completes a cup and handle pattern that began November 4, 2022. Should MANA break below these channels, in favor of the M pattern (red), I would expect the price to dip back to the $0.30 area.
MLong
by keykomg
MANA: Approaching ResistanceDecentraland (MANA) technical analysis: Trade setup : Price broke back above $0.42 and $0.60 key levels, and above 200-day moving average, with robust volumes. Trends have reveresed to an Uptrend. Now approaching $0.75 resistance and is overbought (RSI > 75), likely to pull back some, before resuming uptrend. Trend : Uptrend on Short- and Medium-Term basis and Downtrend on Long-Term basis. Momentum is Bullish but extremely overbought. (MACD Line is above MACD Signal Line). RSI is bullish (> 55) but extremely overbought (> 80) which could imply that price could briefly pause or pull back if it reaches Resistance. Support and Resistance : Nearest Support Zone is $0.60 (previous resistance), then $0.42. The nearest Resistance Zone is $0.75, then $1.00.
Long
by altFINS