DOGE RALLY IS OVER Multi Year Correction/Consolidation ComingDOGE was fun if you knew how to trade it. The run and hype is over. The retail FOMO investors that completed wave 5 blow off top are the only ones holding the bags now. Indicators are showing real weakness and heavy selling pressure. The symmetrical triangle in a downtrend means continuation to the downside. Not financial advice. Have fun and don't lose your shirt.
Mana
Important Update on MANA (3D)First and foremost, pay attention to the timeframe. It is a 3-day timeframe and requires patience.
By analyzing the waves of MANA and considering that it has been oscillating within a range for an extended period, it can be inferred that MANA is forming a diametric or symmetrical pattern within wave B.
It appears that wave E of this diametric has concluded, and the price is currently in wave F.
The green zone is a low-risk area for buying, as wave G could start from this range.
Wave G is a bullish wave.
A daily candle closing below the invalidation level would invalidate this analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
#MANA Correction is Almost Concluded | Will we see a Reversal?Yello Paradisers! Are you keeping an eye on #MANAUSDT or not? If not, you might want to start now because #Decentraland is showing some textbook Elliott Wave patterns that could signal either a massive breakout or a steep drop:
💎#MANA has completed a classic 5-wave Elliott structure, peaking at Wave 5 near the $0.90 area. This was followed by an ABC corrective wave, pulling #MANA back down into the descending channel. Right now, #MANA is hovering around $0.3229, consolidating just above the strong support at $0.2531.
💎For bulls to regain control, #MANAUSD must break above the descending resistance, currently near $0.5197. A clean breakout here would likely trigger an impulsive rally, pushing towards the major resistance zone between $0.80 - $0.90—the same level as the previous Wave 5 high. But don’t get ahead of yourself. Without this breakout, the bulls remain on shaky ground.
💎On the downside, if #MANA closes below the $0.2531 support, the next critical level is the broader support zone at $0.1691. A close below this would invalidate the bullish setup and open the door for further downside, potentially dragging #MANA towards $0.10 or lower. The SH (swing low) highlighted on the chart would be the next key area to watch if the bearish scenario plays out.
Stay focused, patient, and disciplined, Paradisers🥂
MyCryptoParadise
iFeel the success🌴
TradeCityPro | MANAUSDT Potential Fake Breakout of Support👋 Welcome to TradeCityPro Channel!
Let’s analyze MANA, one of the metaverse-category altcoins in the cryptocurrency market. Recently, I’ve had a feeling that we might witness a fake breakout in the market.
Scroll Down to Check Out the Analytical Chart as Well!
🌐 Overview Bitcoin
As always, we start with Bitcoin’s 1-hour timeframe, which is currently in a calm state with no significant fluctuations, essentially ranging.
If the 104227 trigger breaks and a lower high is formed, you can open a scalping short position, but make sure to secure profits quickly. For long positions, I plan to open one after 106498, as Bitcoin dominance is likely to rise, making Bitcoin my primary focus.
📊 Weekly Timeframe
On the weekly chart, MANA remains within a 200% range box, recently rejecting from the box's ceiling.
I’ve already bought some MANA, but my main trigger for significant buying is a breakout above 0.7638. I don’t pay much attention to fluctuations inside the range box. After breaking the box ceiling, MANA could easily yield up to 600% profits depending on token count and market cap.
If you’ve already bought within the range without sufficient momentum, consider setting your stop-loss below 0.2519. For re-entry, as mentioned earlier, wait for a breakout above 0.7638, where I’ve set my alerts.
📈 Daily Timeframe
On the daily chart, after breaking our daily trigger at 0.3390, which was also the box ceiling, we witnessed an impressive move, gaining 130% up to the box ceiling at 0.7833.
This demonstrates why it’s better to buy after a momentum-driven breakout rather than inside the range box. Post-breakout purchases often lead to faster profit realization and better stop-loss placement, even if the entry point is slightly delayed.
Currently, MANA is at a critical support level, correcting 50% of its impulsive wave, which is significant both in terms of Fibonacci retracement and Dow Theory, classifying it as a potential PRZ (Potential Reversal Zone).
For re-entry, a risky buy can be considered after 0.5782, while a safer buy opportunity lies after breaking 0.7833. It’s too early to exit or take profits now, and I wouldn’t act on a breakdown of 0.4614, except to open a short position.
⏱ 4-Hour Timeframe
On the 4-hour chart, MANA is ranging at the 0.4614 key support, repeatedly testing this level without significant upward movement, indicating stronger selling pressure. However, if sellers fail to break this support, buyers may step in, potentially driving the price higher.
📉 Short Position Trigger
The short position trigger is straightforward: I will open a short position after breaking 0.4614. However, since I expect a fake breakout, I will secure profits quickly on any short positions.
📈 Long Position Trigger
Currently, there isn’t a clear long trigger. If a fake breakout occurs, I’ll look for opportunities to take a long position using my fake breakout strategy. Additionally, if higher highs and lows form, I’ll search for a reliable long trigger.
📝 Final Thoughts
Stay calm, trade wisely, and let's capture the market's best opportunities!
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
Decentraland: WeakSince the low of the blue wave (ii), Decentraland’s MANA has been dragging itself through a sideways consolidation just above the support at $0.41. Soon, however, new buying pressure should arise and push the price well above the resistance at $0.85 during the current impulsive wave (iii) in blue. If MANA instead drops below the support at $0.41, the magenta correction wave alt. will reach a new low, and the blue upward five-wave movement will only start thereafter (35% likely).
#MANA (SPOT) IN ( 0.4200- 0.5000) T.(2.5000) SL(0.4159)BINANCE:MANAUSDT
#MANA/ USDT
Entry( 0.4200- 0.5000)
SL 1D close below 0.4159
T1 1.0000
T2 1.7000
T3 2.5000
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Golden Advices.
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* collect the coin slowly in the entry range.
* Please calculate your losses before the entry.
* Do not enter any trade you find it not suitable for you.
* No FOMO - No Rush , it is a long journey.
Useful Tags.
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MANA can ascend further!BINANCE:MANAUSDT
MANA was in a double bottom pattern! but the pattern has already been broken so we can expect it to rise from here!
the resistance once MANA had to deal with, now has become It's support!
MANA can retest The support line before ascending further.
and Targets for MANA are around 0.655 & 0.7795
⚠️ Disclaimer:
This is not financial advice. Always manage your risks and trade responsibly.
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📌 And check the link in my bio for even more resources!
Let’s navigate the markets together—join the journey today! 💹✨
#MANA/USDT Ready to go higher#MANA
The price is moving in a descending channel on the 1-hour frame and sticking to it well
We have a bounce from the lower limit of the descending channel, this support is at 0.5516
We have a downtrend on the RSI indicator that is about to be broken, which supports the rise
We have a trend to stabilize above the 100 moving average
Entry price 0.5593
First target 0.5732
Second target 0.5862
Third target 0.6016
#MANA/USDT#MANA
The price is moving in a descending channel on the 1-hour frame and is expected to continue upwards
We have a trend to stabilize above the moving average 100 again
We have a descending trend on the RSI indicator that supports the rise by breaking it upwards
We have a support area at the lower limit of the channel at a price of 0.5240
Entry price 0.5317
First target 0.5434
Second target 0.5570
Third target 0.5732
Alikze »» MANA | Valley Pattern - 1D🔍 Technical analysis: Valley Pattern - 1D
📣 BINANCE:MANAUSDT In the daily timeframe, the previous wave extended to the supply zone, after which it corrected to the golden zone, which has again encountered demand.
🟢 In the daily timeframe, a valley pattern has formed. As long as it is above the golden zone, it can retest the supply zone again.
💎If the first supply zone is broken, it can continue its growth to the next supply zone, which is the previous major ceiling, with a pullback to the broken structure, by the height of the valley.
⚠️Note: Note that the break of the golden zone and consolidation below it will likely lead to further correction to the green box.⚠️
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Decentraland at Pivotal Level: Can Bulls Push Above $0.59? MANA/USDT (Decentraland) chart shows the price trading just below the key support zone of $0.55-$0.59.
This area is crucial for determining the next directional move, as a reclaim of this zone could trigger bullish momentum, while a failure to regain it may lead to further downside.
DYOR, NFA
manaIn the long term, we had a break that is currently pulling back to the broken area.
Just considering the market conditions, if the green box breaks in the short term, it is recommended to buy at the green points and lines in the medium term.
So now the green box is important for us.
And I also put 4 lines as resistance above it so that if it wants to make a move and become support, it will react to those red lines in the short term.
So be careful.
ManaMana usdt Daily analysis
Time frame daily
Risk rewards ratio =2 👈👌
Target 1.1$
mana is one of the gaming tokens that offers earning potential . explore the potential of gaming tokens, offering lucrative opportunity in play to earn and virtual economies
Technical: mana had a good growth to ex high price but couldn't reach to new high in this year. Price fell down to save energy and now is the best time to pump and break strong resistance boxes ( red boxes in fhe chart) and reach my target on 1.1$
But if it can't break the resistance, don't worry. New year holidays will help to gaming tokens like mana and sand and etc.
MANAUSD a 1-year parabolic rally is starting. DON'T MISS IT!Decentraland (MANAUSD) almost touched its 1W MA200 (orange trend-line) last week, following the bullish break-out above the Bear Cycle's Lower Highs trend-line 3 weeks ago. This is the last confirmation it needs before it validates the Cycle's parabolic rally as the 1W MA200 was were the price was rejected on March 04 2024.
This sequence resembles the bullish break-out pattern of August 03 2020 that also turned the 1W MA50 (blue trend-line) into Support and after a consolidation, by late December 2020 it initiated the parabolic rally.
This rally rose by +3390% before the first correction back to the 1W MA50, so if MANA continues to repeat that previous Cycle, it can rise as high as $18 before it corrects. The 1W RSI sequences between the two fractals also highlight their striking resemblance, as both are rising on Higher Highs on a Bullish Divergence against the price's Lower Highs.
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Decentraland (MANA)📊 MANA Analysis
🔹 Overall Status:
MANA has successfully broken out of its descending channel. However, it failed to push higher after reaching the weekly resistance (red zone). Currently, the coin is correcting and pulling back from this resistance toward the top of the descending channel.
🔹 Daily Timeframe Analysis:
Correction of the Uptrend:
The upward wave, which started from the bottom of the channel, has now retraced to the 0.382 Fibonacci level.
Forecast:
This correction might deepen further and test lower support levels, such as 0.5 or 0.618 Fibonacci levels.
🔹 Weekly Timeframe Analysis:
If MANA can break its weekly resistance:
The price could rally toward the gray zones.
These zones align with the 1.618 and 2.618 Fibonacci levels.
🔹 RSI and Entry Signals:
The RSI entering the Overbuy zone on both daily and weekly timeframes can act as a trigger for entry.
✅ Conclusion and Recommendations:
1️⃣ Key Support and Resistance Levels:
0.382 Fibonacci level (current support).
Red zone (weekly resistance).
2️⃣ Entry Strategy:
Gradual laddered entry after confirming support or breaking the weekly resistance.
Support confirmation could include retesting and stabilizing at these levels.
3️⃣ Monitor RSI:
Pay close attention to RSI signals on the daily and weekly timeframes to ensure trend strength.
4️⃣ Risk Management:
Laddered entries help reduce investment risks and allow for adjustments if deeper corrections occur.
💡 Pay close attention to price behavior, manage your risk effectively, and stay alert to key support and resistance zones.
Alikze »» WIN | Breaking the necklineIn the weekly time, after a complete correction cycle, after the failure of the dynamic trigger, it has entered an upward phase, and the green box can be considered as a support for the continuation of the upward path of this currency. The first supply zone must be broken to continue, which will at least have the ability to return to the 0.0017900 zone. Therefore, if the green box does not break to the bottom and does not stabilize to the bottom, the specified goals will be reachable.
If the behavior and structure of the post changes, it will be updated.
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MANAUSDT Set for Channel Breakout!MANAUSDt Technical analysis update
BINANCE:MANAUSDT price has formed a descending channel on the weekly chart, which has been developing over the past 930 days. The price is now approaching the channel's resistance line, with rising volume observed in recent weeks. Additionally, the price is trading above the 100 EMA. Once the breakout is confirmed on the weekly chart, a strong bullish move can be anticipated.