Mana
Decentraland Next Bullish Wave MappedFor Decentraland (MANABTC), we have a higher low long-term and prices moving above EMA300 and EMA100 today.
The last barrier for MANABTC is set around 0.00004510.
Once this level is taken out we can expect strong growth (green arrow).
Closing below this level would signal additional consolidation before the next bullish wave...
Additional details on the chart.
Thank you for reading.
Namaste.
Long PaxGold + Mana, Short BitcoinHere's the simplest way to play crypto over the next few months and still make money:
1st Simplest Profitable Crypto Setup into 2022:
-Long PAXGOLD
-Shit SHORTCOIN
Here's the second simplest and probably worth the non-existent risk at these levels:
-Long PAXGOLD
-Short Bitcoin
-Long MANA
No doubt some people out there believe that decentralized coins will, by default, become the next "obvious" safe haven against "risk assets" (lol), inflation, and becoming fully "employed."
Despite these people's misuse and overuse of quotation marks, not to mention their nearly dogmatic misunderstanding that multiple safe-haven assets are allowed to trend up simultaneously...
...I do like the concept of decentralized currency very much. Perhaps even more than I do the concept of gold retaining physical value, ad infinitum.
So, probably should, like, throw a couple hundred or grand at Mana, put it all in a vault, and wait until sometime soon before it doubles.
-Piggish-Pax-Gold-Mana
EIGHTCAP:PAXGUSD
CME:BTC1!
BITSTAMP:BTCUSD
BINGBON:MANAUSDT
CRYPTOCAP:TOTAL2
TOCOM:GOLD
033. PIGGISH PLAY - Long MANA/USDBeen a while since I posted a pig play. This is mainly because I have been waiting patiently for markets to pullback or crash for months now. While I have posted some short plays, this market is being propped up on hot air and it has become clear that trading should be done sparingly until this topping nonsense comes to an end.
Meanwhile, I have many ideas for AFTER the drop in the stock indices and bitcoin and only two bullish ideas for the here and now: gold and mana.
One could argue on behalf of either of these assets for being the next major wealth transfer destination for their inherit defensive properties against inflation. As natural safe harbors for wealth preservation (well, gold for sure and mana tbd), I feel comfortable longing either and/or both in the near-term.
I have stated before that MANA is particularly interesting to me because it is (for now) completely decentralized - meaning the central banks cannot f with the supply dynamics via obviously bad policy practices. I love gold, but in keeping with the crypto zeitgeist and the general trend of computerizing assets, I present you with the idea above.
The instructions are all displayed in the chart and if you follow them somewhat closely, I am sure that you will be happy you did in a year's time.
The last and most important item is to WAIT FOR BITCOIN TO RETRACE SIGNIFICANTLY before an entry consideration into MANA or any other coin. Alternatively, for the more diligent crowd, you can see whether MANA diverges from BTC as BTC is dropping via basic side-by-side observation or keeping a close tab on the near-term correlation coefficient. Either method can serve as additional confirmation of a bullish future for MANA, but I would still wait for the price levels depicted above before entering.
That is all, best of luck, don't get greedy in stocks, etc.
-MANIC-PIG, MANA-PIG
COINBASE:MANAUSD
BINGX:MANAUSDT
COINBASE:MANAEUR
COINBASE:BTCUSD
COINBASE:ETHUSD
BITPANDAPRO:BTCEUR
BITPANDAPRO:ETHEUR
How To Analyze Any Chart From Scratch - Episode 7Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
Today we are going to go over a practical example on MANA, but you can apply the same logic / strategy on any instrument.
Feel free to ask questions or request any instrument for the next episode.
You can find the previous episodes below "Related Ideas"
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
MANA$MANA breakout Descending channel pattern. in 1h timeframe valid breakout and has retesting on resistance become support line.
we can setup entry nor or wait for valid breakout and retest at 4H timeframe
Buy zone : 0.884 - 0.837 - 0.795
Target : 2.543 - 2.673 - 2.839 - 3.012 - 3.239
Stop : 0.775
MANA path to sucessHeres the short term MANA path to success.
Looking for a break overhead and then a retest.
The 1 hour ichimoku looks ranging and price action/cloud/lagging strand all intertwined.
The 4 hour ichimoku looks like price action is on the verge of breaking above the cloud.
Get 1hr price action and lagging strand above the cloud (and price action), and the 4hour breaking above = a decent rally.
Just some patience right now is need though.
MANA 1D Goals for buying and selling in the idea descriptionToday, we will talk about the project Decentraland and the trading pair MANA/USDT
If memory serves, Decentraland was created in 2017 at the hype of ICO projects, then he predicted great prospects, because the main feature — it is the purchase of game pieces of land. But then the maximum to which the price jumped MANA/USD was around $0.20, the idea of project did not come up, then ...
Then there were painful 2 years of price falling and trading in the range of $0.04-0.08 and here we are in 2020.
When the boom around Defi projects and NFT started, the interest around MANA gaming project, which was conceived before it became mainstream, came to life :) Two years and roughly speaking x200 to x220 increase in the price of MANA/USD
And it seems that the current price is not the maximum for the trading pair MANA/USDT
Globally, we would sold the investment position of MANA at $25-28
And now let's look at where the MANA may be good to buy for those who do not have it in their investment portfolio.
On the chart, we've depicted three possible levels for a correction and, accordingly, levels from which it is safe to take a long.
They are $2.80 $2.00 and $1.25 , everyone can place buckets to buy according to his/her purse and risk management.
And in the comments , please write why you are interested in Decentraland project and why its token price should grow.
_____________________
Since 2016 , we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
MANA Is Ready. Are you ? 🚀Hey Traders,
We bared a long bear market for a while. As the $BTC is correcting for a short period we see some pairs are turned green for a short period.
Less talk,
The Chart shows everything. As BTC is above 20k this validates. Buy some $MANA to your bags when you gained around 30% of the profits, sell off and stay till bear market ends.
Strictly watch out for stop hunts.
DYOR not financial advice.
DECENTRALAND (MANA) the last chance(bottom)and the range market Hello 🐋
Based on the chart, the price is close to the major support (bottom) or better to say the previous zone that started its amazing pump to the upside and the round number $1 resistance ✔️
if
the price doesn't break the support level to the downside, we will see more gain beside the range market is an acceptable scenario too 📖💡🚀
and
if the price breaks the range area to the upside, we will see more gain 🚀
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
The strategy of breaking the support lines and resistanceThe strategy of breaking the support lines and resistance of the trader. when the green line (1.120) and trend line broken with Confirmed by candle we can buy it with RR2
on the other hand if red line (0.7510) broken and confirmed by candle we can sell it with RR2
Decentraland (MANA) - Daily AnalysisHello to all members of TradingView and my followers.
MANA last week showed the inability of buyers on the support level of 0.88 to $ 0.98. The sell-off in the market had a relatively large impact on Mana, with the currency hitting $ 0.74. Based on the chart, support at $ 0.74 to $ 0.80 is a further price decline.
Therefore, if the market conditions stabilize, buyers are expected to be able to raise the price above the level of $ 1 again. If the downtrend line is broken this time, there is a potential for a price increase due to the positive divergence of the RSI indicator. But if we still see sales pressure in the market, the price could break the current support and record a further drop to the level of $ 0.50.
If it is helpful to you, please like it. If you have a comment, I'll be happy to know. Respectfully.
Decentraland (MANA) formed bearish BAT for upto 18.50% bear moveHi dear friends, hope you are well and welcome to the new trade setup of Decentraland (MANA) with BTC pair.
Recently I shared a long-term trade setup for MANA, which is still in play:
Now on a 4-hr time frame, MANA has formed a bearish BAT pattern.
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
MANA/USDT - Potential Short ScenarioHello Traders!
MANA continues downward movement
The price is currently under $0.95, which acts as resistance.
We can assume that in the near future, the downward trend will continue as an impulse movement. In this case, it is possible to consider the medium-term purchases.
The price range of $0.36 - $0.48 will be an area of interest for such purchases.
The targets will be the price levels of $0.80 and $0.95
Good luck, and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice