MANA Bearish and be fearless when people scareWith the Houbi and recent ban of crypto in China, MANA price is being affected and might go bearish for quite some time. I suspect it can drop as low as $2.4. Again, it is not the problem of MANA, but I think it is the effect of BTC dropping and potentially dropping further if BTC is going sideway. This is a good opportunity to keep buying as the price goes down ward further to maximize the token number for the next bull run!
This is not financial advice!
Decentralandusd
MANA - Double Bottom W PatternI waited a bit with posting MANA also considering the developments of last weekend. But situation is as follows.
Until the end of November, the Bulls has pushed the price considerably higher which we can see in the uptrend channel. As is known, the bears have recently indulged themselves. the bears came on the scene and stepped out of the trend channel and actually a Falling wedge was created which has brought a downward result in recent days. There, the bulls managed to absorb around $2.5 dollars and bring the price back above $3.25 in a short time.
Support appears to be holding at USD 3.25 for now. So from that perspective it can go two ways.
- if the bulls keep this zone, it is quite possible that a double bottom or W formation can be formed here. The ADAM formation there often has a peak as the wick shows and the EVE formation within the W pattern is often round. The story is that a larger volume decline at ADAM would suggest a good development in the upward price action.
- but if we lose the $3.00 then a further decline towards the $2.5 is quickly there again.
Keep calm, Do your own research! trade safe and manage your risk.
(Disclaimer: This is not a Financial Advise)
Dont forget to upvote or leave a comment ;-)
Be fearless when people scare, be scared when people are greedyBeware MANA within the next 24 hours. I would suspect the momentum is created in a past week's downside. The volume of trading is decreasing too, the RSI is compressed below the midpoint, the support at $4.2 is strong and the bear can not break it. The Decentraland as usual open the party on their land. The Axie retook the spotlight from Decentraland and it is time for us to see the comeback of the MANA. However, in order to have a strong push, the MANA might need to go lower at 3.9 to get more momentum for the next $7.5 run.
This is not financial advice and trade responsibly!
Decentraland (MANA) Update: $12.45 Target🎯 Potential 146% Gain Decentraland (MANA) Update 29/11/21: $12.45 Target🎯 Potential 146% Gain from the current price. Since the 13 EMA crossed up above the 50SMA on the 26th October, Decentraland (MANA) has been in parabolic impulsive wave from $0.75 to $5.71. This was a 600% move in just under 30 days from the 26th October to 26th November where MANA set a New ATH @ $5.71. From the current price we expect MANA to push above the ATH once more before a much needed cool off period where we can see a weak retracement before the next leg up. Use the Buy Zone to map your Buys whether you're accumulating or want to enter. I believe the range between the 50% and 61.80% is the optimal level to sniper in at the current levels. It is important to note, although we are expecting a cool off period in MANA, we can expect continued growth for MANA in the longterm.
Our current targets for Decentraland (MANA) from the current price level @ $4.99
127.20% fibs @ $7.15 (42% Gain)
161.80% fibs @ $8.98 (77% Gain)
261.80% fibs @ $14.28 (182% Gain)
423.60% fibs @ $22.85 (352% Gain)
Use Buy Zone to map out your entry. Please see previous analysis below. Happy Trading :)
Bull flag formation In the 4 hour chart we can see a bull flag forming. Price action found consolidation zone between 4.47-4.95 before breaking above 5.00. Looking to blast upwards again going to see a dump again around 6.00 mark at least and hopefully consolidate above 5.50ish price.
THIS IS NOT FINANCIAL ADVICE. MY PERSONAL GUESSTIMATE. GOOD LUCK EVERYONE AND THANK YOU.
MANA- New Support and off to 6,4$ ⏫⏫⏫MANA's turn to outperform SAND, that's what our chart shows.
Our estimate and analysis few days ago was that Mana will be outperformed by Sandbox. This happened and now could be reversed.
SANDBOX at resistance while MANA is ready to fly higher to 6,4$
This is a personal opinion based on our research, do your own and feel free to comment.
Decentraland has a great future ahead. The Metaverse is HOT
Good to know:
events.decentraland.org
Decentraland events is something I follow! You should do the same...
One Love,
the FXPROFESSOR
MANA Bullish move broke its ATH and on the way to $10Hi fellows! MANA has made it and surpassed its past ATH 4.99. The MANA top 100 holders did not make any pump or move yet. This indicates a strong market incentive for the MANA. At the same time, SAND also got pumped (with the involvement of top 100 holders of SAND) meaning the market for NFT and metaverse is very BULLISH right now!
Happy Thanks Giving and enjoy your holiday!
This is not financial advice and invests responsibly!
MANA ⏫- The Battle of the METAVERSE (No breakout unlike SAND ⏫⏫)Decentraland finally offered me a good experience: Banksy art sold at Sotheby's for Ethereum . Watched it live from Decentraland. 👓
Mana has failed to break it's resistance and the flight is paused until that happens. Our chart will help you understand this better. Also look at our previous SANDBOX ideas for comparison.
Our estimate and analysis is that Mana will be outperformed by Sandbox. That is a personal opinion based on our research, do your own and feel free to comment.
Needless to say that Decentraland has a great future ahead. The Metaverse is HOT and it will remain that way for months and years... but prices can correct at any time so mind the resistances.
Good to know:
events.decentraland.org
Decentraland events is something I follow! You should do the same...
One Love,
the FXPROFESSOR
MANA sideway before uptrendAs predicted from my previous chart, MANA would follow the upper trend without breaking the resistance. The question is when MANA would break the resistance to go above its previous ATH? SAND has surpassed $4.9/SAND, at first SAND would seem to be a good investment option. However, the top 20 holders of SAND own more than 82% of SAND, which is very insecure; while the top 20 holders of MANA total own no more than 56% MANA. In terms of investment with less whale manipulation and future for long-term investment, MANA is a good boat to choose with yearly >20% profit.
Back to the graph, the next 72 hours will be critical to see how the holder of MANA responds to the others competitor such as SAND.
This is not financial advice! DYOR!
MANA surpass ATH this weekend or not?In the past 24 hours, we saw a strong run for MANA with a huge accumulation from big investors/whale/traders. It is fascinating that MANA has been tested several times after it surpass $4.9 from its last time run (Oct 30th, 2021). The invisible hand tried to smash it down as I saw and I did think MANA would lose and bearish short time, however, it did not happen like that. MANA has tested at the $2.2 range then surpass that resistance to pass the next $3.3 resistance range to finally revisit its ATH resistance. The question is would MANA can keep up the momentum this weekend? Remember the last run when MANA started its run was on Friday, Oct 29th, 2021? MANA at that point was struggling around $1.3 to see the Saturday, Oct 30th, 2021 MANA run straight to $4.9. Would history happen again?
The current market cap of MANA is $7 Billion, the next upper of MANA is Internet Computer and Axie Infinity. In my opinion, MANA is much bigger than Axie Infinity in terms of the world, community, decentralization, and Dev team. We have to ask ourselves for real, what has happened with the crypto world since the beginning of the BTC run? If BTC is the gold in the crypto world, ETH is the foundation platform then MANA is the actual interactive space for the community. It is not a matter of game or trading or not, but it has the true value that puts the ETH/GAS/LAND/MANA into 1 ecosystem that even Facebook is aiming at.
Let's look at the leaderboard now besides BTC, we got LTC, XRP, DOGE, SHIB, BNB, BUSD, and BCH are competing with BTC to act as the GOLD/SILVER standard in the crypto world. Besides ETH, we got SOL and ADA are mainly the platforms fighting each other. For Defi, we got LINK, WBTC, LUNA, and AVAX. In the Metaverse, we only got MANA, AXS, and SAND are very strong competing with each other. So among the crypto world, we have seen major a lot of coins are fighting around the Coin/currency realm, then a bit of platform, then Defi, and some metaverse. But in reality, the one actually brings the chance to have a real capital market besides trading should be the Metaverse with the actual interaction of the community happened. More capital can make out of this Metaverse as it is the place for the content creators to thrive, the place for people to come and interact, the place for the need satisfied by the supply. Short, Metaverse should be the top 3 biggest market cap in near future.
In my opinion, this weekend would be important as we will see if MANA can surpass its ATH or not. This will reflect how confident the MANA holders are with the token. In the long term, I have high confidence this Metaverse is going to be top 2-3 of the crypto world; The MANA should be up there in the top 10 as when institutions started to invest in Decentraland, the MANA market cap should be above $40 Bil.
There will be 3 events in Decentraland this weekend and enjoy it ok?
The Hourglass Presents – Saint Samuel – Live Music
When: Friday, November 19 at 12:30AM
Where: -70, 79
Defector Dan, Collie Pixels, AstroMojis, and Petaverse
When: Saturday, November 20 at 1AM UTC
Where: 31, 90
MIL-SPEC NFTs Pre Launch Bar Crawl POAP
When: Sunday, November 21 at 3AM UTC
Where: 0,0
This is not financial advice, you should take responsibility for your investment! Don't trust anyone's words and do your own research before investing!
MY NOT SO MINIMALIST ANALYSIS OF DECENTRALAND$MANA
FOLLOW THROUGH OF MY PREVIOUS ANALYSIS
MARKET LOOKS HEALTHY, STAMINA TO FINISH SWING STILL STRONG (at time of writing)
11.14. 21
0830H +8 SINGAPORE
Disclaimer:
The findings of the following analysis are the sole opinions of the publisher of this idea and should not be taken as a piece of investment advice.
ALERT:
WE JUST RIDE TO THE TOP TARGETS - EXIT/MAXIMIZED AREA OF VALUE
It will correct based on STOCKS and RSI at 0.382 Level.
On mark with our TOPS and BOTTOMS of our BOXES. FIB LEVELS working well with the Market. Candles BULLISH.
Completion of AB=CD Pattern (Measured Move.)
The Market has amazingly moved along the TOPS and BOTTOMS of our BOXES, signifying TURNING POINTS of PRICE ACTION.
IT WAS A GOOD PARTIAL EXIT (shaved off the bulk of the SWING TRADE) and We are now looking at an ENTRY that we can TOP-UP for our Investment.
Congratulating all those who have climbed the SWING together with me.
You can review past analysis on linked charts below.
REMINDER:
INDICATED ARE ENTRIES, PARTIAL EXITS/TOP-UPS, EXITS, and MAXIMIZED AREAS OF VALUE
"FOLLOW THE WHITE RABBIT!"
Just Follow the TOPS and BOTTOMS of the BOXES as a GUIDE where the MARKET will take you.
HOW TO USE THIS MINIMALIST CHART
Created on a MONTHLY, WEEKLY & DAILY Analysis (The Dynamics of the Market.)
It is designed for SWING TRADES at the BOTTOM. I do not SHORT, though, you can still use it.
You can CLICK AND hold THE CHART and PAN or DRAG IT.
TARGET ZONE IDENTIFICATION
The LARGE BOXES (Tops and Bottoms) are MAJOR pivot points that will occur sometime in the future. While the SMALL BOXES (Tops and Bottoms) are MINOR pivot points.
These can be entries to a BUY/ SELL POSITION, EXIT/PARTIAL EXIT/TOP-UP AREAS,
and, if you wish to hold longer for a MAXIMUM TARGET EXIT AREA OF VALUE - CONSERVATIVE (If price action conditions are right at that given moment.)
At times I include WAY BEYOND PARABOLIC Price TARGETS depending on The Character of the Market (CRYPTOS ONLY).
Watch out for your Volume, Chart Patterns, Candlestick Math, FIB COILS ( ABC ), Price Action, FIB LEVELS, Market Dynamics, especially institutional and retailer trading psychology.
Wishing you all The Best Trades and Thank you all for your Appreciation and Support of My Work.
Much thanks to My 3 Mentors. They are so much of a Blessing that I also wish to Share.
Vive Le Autist!
Vive Le Egalitarianism!
MANA- Resistance Now, then off to 6,4$We have just watched Banksy sell 2 paintings in Sotheby's, in Ethereum .
It was quite an ok moment, an idea we enjoyed and the potential for the future.
Decentraland has a OT of work to do and we do expect to see progress. Happy to say that we did experience some Progress today.
Now to the chart:
Resistance is now..there might be a break here before we can go higher but higher is what's happening sooner or later.
Check how precisely we called the SANDBOX resistance here .
ps we still favorite SAND over MANA..Just a personal opinion.
One Love,
the FXPROFESSOR
MY MINIMALIST ANALYSIS FOR DECENTRALAND$MANA
ADJUSTED TARGET AREA OF VALUE ON THE CHART
11.10.21
1313H +8 SINGAPORE
Disclaimer:
The findings of the following analysis are the sole opinions of the publisher of this idea and should not be taken as a piece of investment advice.
ALERT:
LOOKING FOR THE NEXT BEST ENTRY
The Market has amazingly moved along the TOPS and BOTTOMS of our BOXES, signifying TURNING POINTS of PRICE ACTION.
THOSE WHO FOLLOWED THE ENTRY of SWING 2, WE ARE ON OUR WAY TO THE NEXT EXIT!
Congratulating all those who have climbed the SWING together with me.
The BULL SEASON for CRYPTOS is dictated by the BULLISH STRENGTH OF Primarily BITCOIN and then ETHEREUM. We still have more room for the UPSIDE.
Happy Trading!
REMINDER:
INDICATED ARE ENTRIES, PARTIAL EXITS/TOP-UPS, EXITS, and MAXIMIZED AREAS OF VALUE
"FOLLOW THE WHITE RABBIT!"
Just Follow the TOPS and BOTTOMS of the BOXES as a GUIDE where the MARKET will take you.
HOW TO USE THIS MINIMALIST CHART
Created on a MONTHLY, WEEKLY & DAILY Analysis (The Dynamics of the Market.)
It is designed for SWING TRADES at the BOTTOM. I do not SHORT, though, you can still use it.
You can CLICK AND hold THE CHART and PAN or DRAG IT.
TARGET ZONE IDENTIFICATION
The LARGE BOXES (Tops and Bottoms) are MAJOR pivot points that will occur sometime in the future. While the SMALL BOXES (Tops and Bottoms) are MINOR pivot points.
These can be entries to a BUY/ SELL POSITION, EXIT/PARTIAL EXIT/TOP-UP AREAS,
and, if you wish to hold longer for a MAXIMUM TARGET EXIT AREA OF VALUE - CONSERVATIVE (If price action conditions are right at that given moment.)
At times I include WAY BEYOND PARABOLIC Price TARGETS depending on The Character of the Market (CRYPTOS ONLY).
Watch out for your Volume, Chart Patterns, Candlestick Math, FIB COILS ( ABC ), Price Action, FIB LEVELS, Market Dynamics, especially institutional and retailer trading psychology.
Wishing you all The Best Trades and Thank you all for your Appreciation and Support of My Work.
Much thanks to My 3 Mentors. They are so much of a Blessing that I also wish to Share.
Vive Le Autist!
Vive Le Egalitarianism!
MANA might have a new ATH (cnt)As we are watching and seeing MANA merely surpass the recent peak. I do think this weekend, MANA would be able to thrive above $4.5 . The SANDBOX project just got pumped recently and MANA needs to get itself together to compete with other Metaverse outthere. MANA Holders, it is your time to drive this boat forward! This is not financial advice, and please be responsible for your investment!
Simple perspective...Are we in a slow bleeding downtrend or meaningful consolidation? I believe the latter for several reasons. We've all seen this before and hopefully, everyone's nerves are a little more stable in 2021.
Tokens with lower market caps like MANA generally don't behave like this if they were a one-time, random, pump and dump scenario.
The price gravitates to the upper end of the purple dashed descending channel. There is significant support at the $2.45-$2.50 levels and this support has been sitting here the whole time, waiting. Conversely, besides the immediate $2.56 'short' selling pressure, there is relatively no selling pressure until $3, $3.50, and $4.50. Everyone in between these prices have been shaken out over the week and I also believe that the $3 selling pressure will decrease should we get some volume in the next 24 hours, breaking the upper trendline, setting the stage for $4, $5,$7.50, and $9 targets. Lastly, the metaverse has huge potential. Decentraland isn't just a meme token with little intrinsic value. Albeit in the metaverse, MANA is a tangible asset. This is my opinion and not financial advice. I keep tight SL's. Mine is predictably dbl. the ATR, below the lower trend line. Good luck.
MANA NEXT WAVE UP ABOUT TO STARTAfter a 600% move up last week, MANA looks to make another run with a near 3X return off the retracement lows.
4HR MacD is curling up and ready to cross. BTC chart pair looks great as well.
Take profit levels would be $3.95, $4.95, and $6.80
Personally, I believe it will reach all the way to $6.80, which is my measured move and just above the 1.618 extension.
Remember this is only my formed analysis outlook. This is not an endorsement or recommendation to buy or sell.
MY MINIMALIST ANALYSIS FOR DECENTRALAND $MANA (ADJUSTED CHART BASED ON CORRECTION from PARABOLIC)
11.02.21
1246H +8 SINGAPORE
ALERT: ENTRIES, PARTIAL EXITS, EXITS, and MAXIMIZED AREAS OF VALUE
THIS IS AN AREA OF OPPORTUNITY: WITH THE SUCCESS OF OUR FIRST SWING, THIS IS A ZONE OF ENTRY FOR A SECOND SWING.
THE MARKET IS FORMING A COIL ON A BULLISH TREND.
It has further attracted BUYERS and fueled further upward momentum. FOMO is still on the rise turning out to be positive for this MARKET.
Price is still at a bargain, considering, $MANA is comparable to $BNB.
You may want to TOP-UP for this, and to those who have missed out on the First Swing, here is another chance. Roughly 150% gains on MAXIMIZED TARGET AREA OF VALUE.
HAPPY TRADING AND ENJOY THE WEEK!
Disclaimer:
The findings of the following analysis are the sole opinions of the publisher of this idea and should not be taken as a piece of investment advice.
"FOLLOW THE WHITE RABBIT!"
Follow the TOPS and BOTTOMS of the BOXES.
HOW TO USE THIS MINIMALIST CHART
Created on a MONTHLY, WEEKLY & DAILY Analysis (The Dynamics of the Market.)
It is designed for SWING TRADES at the BOTTOM. I do not SHORT, though, you can still use it.
TARGET ZONES IDENTIFICATION
The LARGE BOXES (Tops and Bottoms) are MAJOR pivot points that will occur sometime in the future. While the SMALL BOXES (Tops and Bottoms) are MINOR pivot points.
These can be entries to a BUY/ SELL POSITION, EXIT/PARTIAL EXIT/TOP-UP AREAS
and if you wish to hold longer for a MAXIMUM TARGET EXIT AREA OF VALUE -CONSERVATIVE (If price action conditions are right.)
At times I include WAY BEYOND PARABOLIC Price TARGETS depending on The Character of the Market.
Watch out for your Volume, Chart Patterns, Candlestick Math, FIB COILS (ABC), Price Action, FIB LEVELS, Market Dynamics, and especially trading psychology.
Wishing you all The Best Trades and Thank you all for your Appreciation and Support of My Work.
Much thanks to My 3 Mentors!
Note:
Master your Trading Discipline
and Trader's Psychology
Vive Le Austist!
#MANA Decentraland Weekly Chart Bearish DivergenceMana (Decentraland) trend line scenarios shown. We are in a weekly bearish divergence. Be careful trading.
I enjoy creating scenarios. What are your thoughts? Comment below and hit the like please. Thank you!
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk #bitcoin #altcoins
MY NOT SO MINIMALIST ANALYSIS FOR DECENTRALAND$MANA
10.30.21
2007H +8 SINGAPORE
INDICATORS TO CONFIRM OVERBOUGHT
ALERT: WE ARE REACHING OUR TARGET EXITS
HAD TO ADJUST BEYOND PARABOLIC A FURTHER UP. You can shave off your profits before moving to THE MAXIMIZED and PARABOLIC AREAS OF VALUE.
AB=CD Pattern Completed, waiting for DIP, and let us see if it will move further upwards.
CONGRATULATIONS EVERYONE!
Wishing you all The Best Trades and Thank you all for your Appreciation and Support of My Work.
Much thanks to My 3 Mentors!
SHOUT-OUT to All the Cryptoverse Analysts!
Vive Le Austist! Vive Le Retailers! Vive Le Revoluzion!
Disclaimer:
The findings of the following analysis are the sole opinions of the publisher of this idea and should not be taken as a piece of investment advice.
"FOLLOW THE WHITE RABBIT!"
HOW TO USE THIS MINIMALIST CHART
Created on a MONTHLY, WEEKLY & DAILY Analysis (The Dynamics of the Market.)
It is designed for SWING TRADES at the BOTTOM. I do not SHORT, though, you can still use it.
TARGET ZONES IDENTIFICATION
The LARGE BOXES (Tops and Bottoms) are MAJOR pivot points that will occur sometime in the future. While the SMALL BOXES (Tops and Bottoms) are MINOR pivot points.
These can be entries to a BUY/ SELL POSITION, EXIT/PARTIAL EXIT/TOP-UP AREAS
and if you wish to hold longer for a MAXIMUM TARGET EXIT AREA OF VALUE -CONSERVATIVE (If price action conditions are right.)
At times I include WAY BEYOND PARABOLIC Price TARGETS depending on The Character of the Market.
Watch out for your Volume, Chart Patterns, Candlestick Math, Price Action, Fibs, Market Dynamics, and especially trading psychology.
Note: This CHART is best used without indicators.
Master your Trading Discipline
and Trader's Psychology
The Facebook Effect MANAUSDMaybe I am correlating two unrelated things, but
Facebooks recent announcement about pursuing the metaverse future gives a project like Decentraland a lot of exposure
Regardless,
The TA on this timeframe (1Hr) shows an inverted ascending scallop, these breakout to the upside after reaching a certain point of stability