Decentraland
Short Manafirst of all, if you enjoy what you see I'd appreciate it if you hit the like button. I found this Elliott EOW2 ( End of wave 2 ) setup again. the correction part is arguable but the motive wave has been strong and the price is in the fib time zone of the motive wave. so I expect another down move. EZ.
$BTC Important TA : PLEASE READ THE CAPTION By analysing the Bitcoin chart in Daily TF , we see that the price has penetrated an important low , and if this range fails to hold the price, we can expect a drop to lower levels ($19,200 to $20,000 range), for some Even if they know how to read charts, important points are pointed out on the chart that can be appealing to them! Pay special attention to each line drawn on the chart!
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⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 07.27.2022
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
Mana trying to flip the inv h&s neckline to supportIf it can succeed in flipping the neckline of this inverse head and shoulder pattern to solidified support, then the breakout target of the pattern should be around 1.28-1.30. It hasn’t validated its breakout yet though so if bitcoin takes a tumble, it could take mana down with it before it gets a chance to validate this pattern. Will likely see it decide which way it will go in the next 2-4 days. *not financial advice*
⚡️⚡️ #MANA/USDT - 900%⚡️⚡️⚡️⚡️ #MANA/USDT - 900%⚡️⚡️
#HODL
Entry Conditions:
- RSI Daily Trendline Breakout
- Dubai’s Metaverse Plan Targets 40,000 Virtual Jobs in Five Years
We launched the Dubai Metaverse Strategy today, which aims to foster innovation in new technology. Dubai is home to over 1,000 companies operating in the metaverse and blockchain sector, which contributes $500 million to our national economy.
News Source:
finbold.com
Entry Zone:
1) 0.5985 - 0.9610
Take-Profit Targets:
1) 1.349 - 12.5%
2) 1.705 - 12.5%
3) 2.184 - 12.5%
4) 2.792 - 12.5%
5) 3.504 - 12.5%
6) 5.101 - 12.5%
7) 6.068 - 12.5%
8) Leave open to ride as could be parabolic at this stage
Stop Targets:
1) 0.2819 - 100.0%
Entry Conditions:
- RSI Daily Trendline Breakout
- Dubai’s Metaverse Plan Targets 40,000 Virtual Jobs in Five Years
We launched the Dubai Metaverse Strategy today, which aims to foster innovation in new technology. Dubai is home to over 1,000 companies operating in the metaverse and blockchain sector, which contributes $500 million to our national economy.
DecentralandMANA/USDT we are watching on this coin we have Order Blok on 1h TF chart which i make one Sell LIMIT on this coin for swing trade into our Demand Zone
Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions
Someone remind me of the meta verse in a few years.Remind me of these later once BTC turns around in 2-3 years and VR or AR catches on. (Current prices)
The big three:
Decentraland ($0.84)
The Sandbox ($1.19)
Ape Coin (The other side) ($4.69)
Enjin Coin (ENJ) ($0.51)
Ultra gaming (UOS) ($0.29)
Vulcan forge (PYR) ($3.20)
Verasity (VRA)(game streaming) ($0.0042)
Adshares (ADS) ($2.02)
Launch pads:
Seedify.fund (SFUND) ($1.46)
Gambling & mobile:
DeRace (gambling) ($0.29)
Altura (ALU) (updates games NFTs as a plug in) ($0.01896)
They will probably further implode this cycle much like lower down coins doing the -99% shuffle in 2018/19. But they have been strong gaming contenders and some could underpin the actual meta verse not just whatever Zuck is up to with his bucks.
Long term longs, short term toxic AF penny stocks.
Best of luck with the nethers and the pencil sharpeners. Be safe.
Mana - Midterm view📉Reasons to take short:
⭐️ Formation is 2 months old
⭐️ Formation is clean
⭐️ We are in the end of formation
⭐️ Slowly squeezing local level
⭐️ 4th touch
⭐️ 50 ATR
⭐️ Under VWAP
Will enter when price squeezes to the trendline on 5m timeframe, the base will form and the tape will get faster.
If you don't understand the previous sentence, just use swing stop-loss 3-5%
Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
What's left, hold to the maximum
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
MANA/USDTesting/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice.
RR: 19.7
Possible upside: 1200%
Possible downside: 61%
Timeframe is on the weekly.
Elliot wave cannot predict time so do not try to use the timeline shown here for your trades.
What Elliot wave can do is help predict tops and bottoms (no one can predict these 2 accurately)
With the predictions it's supposed to help you use it as a method to plan your entry/exit your positions.
BTC 2H TA : Result : +4.5% ✅ so far As you can see, the second position that I introduced to you has already reached 50% of the mentioned target and is currently trading in the range of 20K! I suggest you exit half of the position in this range and exit the rest above $20850! The total return so far is + 4.5% ✅
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⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 07.04.2022
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
Manausdt ; Long or what ?Mana has Broken up it's falling channel , Mana also could break up the static resistance on 0.91$ and it's pullback has happened which we can also assume it as rest to 0.5 level of retracement Fibonacci.
I think after a tringle pattern Mana could reach to 1.33$ target. You can use my long Position setup with 2.75 R/R.
Just take care of the stop loss.
what do you think about Mana in 4H timeframe ?
If you have any questions please feel free to text me .
MANAUSDT TECHNICAL ANALYSIS Decentraland barely not sinking
The metaverse altcoin, which was trading at $0.9085 during press time, noted a 7.73% spike over the last seven days. This price appreciation might seem like a solid opportunity for investment. However, we should not forget that it is only on a micro-scale. On a macro-lense, MANA is far from recovering.
What our chart telling us?
Beginning November 2021, MANA was $5,87 level and lost approximately 89% and fell down till $0,62. The candles are staying above to support line and almost will reach to resistance line. The candles already breakdown down trendline and one of the candle has been completely open close above to down trendline. We are getting BYY 2 signals from our robo advisor @EngineeringRobo in recent/current candle and we need to wait for the new candle come up and if our buy 2 signal still over there, It may opportunity to buy for us.
Our Risk/Reward ratio 1.27 and Moving average lines are almost in the intersection. If direction get chance, it may another an opportunity to buy again in our daily time frame chart.
Let’s follow up our chart closely and don’t forget to follow me.
“NFA”
BITCOIN 2H TA : NEW WEEK UPDATEAs you can see, Bitcoin has now reached an important range to taking some of your ptofit , so if you buy at a lower price , close part of your position here! And pay attention to how it reacted to the Institutional Support indicated on the chart after the last analysis.
The next important range for re-taking the profit will be in the range og $ 22,300 to $ 23,000.
Follow us for more analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 06.26.2022
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️