Mana
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
MANA - Trying to go against the market but failingReasons to take short:
⭐️ BTC bearish
⭐️ Level is clean
⭐️ Price is squeezing to the level
⭐️ Bullish volume left the coin
⭐️ 4th touch
⭐️ Under VWAP
Will enter when price squeezes to the level on 5m timeframe, the base will form and the strip 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/USDT 4HOUR UPDATE BY CRYPTOSANDERS !Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
MANA breaks the resistance line and slowly moves up. Our long position is in profit of 8% increase your stop loss to breakeven price. Let's see how the price reacts to the resistance of the $1.10-$1.15 area.
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Thanks for your time, we hope our work is good for you, and you are satisfied, we wish you a good day and big profits.
THANK YOU.
🔥MANA: $1 become strong resistance! What`s next?Hi friends! The value area around $1 has become resistance for MANA. What's next?
📊On the chart we see a return to the trend line after a small bounce. This shows the weakness of the altcoin. There is also no reaction on volumes, they have stayed the same. The chance of a fall is return.
🚩Targets:
🔶1. $0.86-0.99 liquidity gap.
🔶2. $0.73-0.72 is also the liquidity gap and not a strong target, but it is worth noting, because the nearest possible support for the price is behind it.
🚩Also, a false breakdown of the first liquidity gap is possible. The $0.86-0.99 liquidity gap placed exactly under the local low and key level of $0,9 so it`s highly possible. Growth in volumes will confirm the presence of buyers.
🔥Keep in mind this 2 scenarios.
💻Friends, press the "like"👍 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.
MANA/USD BROKE OUT THE UPPER TRENDLINE.Welcome traders. Here's a chart on MANA to keep an eye on.
In 4 hours of TF, MANA has broken above the upper trendline and currently retesting. Entering into this coin at the retest level between $0.97 to $1.03 will be a good entry. A rejection below $0.96 will be a no-trade zone on this one and we will have to consider a re-entry strategy later.
If we happen to take entry on this coin then the target will be $1.17, $1.25, $1.34, and $1.4.
Trade safely.
Decentraland (MANA) formed Gartley for upto 738% big moveHi dear friends, hope you are well and welcome to the new trade setup of Decentraland (MANA).
On a monthly time frame chart, MANA has formed a huge bullish Gartley 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
🚀GALA: trandline breakout! Is it possible now?The Gala rebounded nicely after the fall, but after that it made long traders fuel for a 30-40% drop. Now traders in the crypto market are scared and do not understand what reade to open (long or short?). In this idea I will tell my thoughts about Gala, closest targets and preconditions for a possible long.
What can be marked out on the chart?
1. the price rebound of 100% after the fall, caused many traders to buy in. After the last drop to $0.65-0.68 support, most had to sell their GALA.
2. Rising volumes every time the "bottom" was tested. On the volume indicator, you can see the volumes rising every time and the price bounce. A sign that someone may be accumulating a position.
3. 2 unsuccessful tests of the trend line and a return to it. A positive signal, a sign of bullish strength.
What to expect in order to open a long position?
🔶A squeeze under the trend line.
🔶Watch for Bitcoin, which should also look strong.
Another liquidity pickup below the $0.65-0.68 support level is possible. Keep an eye on volumes, which should rise in this case.
Targets for a long:
1. $0.094-0.1
2. $0.11-0.12
💻Press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
#MANAUSDT 3 trades in one chartMANAUSDT is printing inverse head and shoulder patterns while BTC is testing the 28.2k support level.
There are three cascaded trades that I am seeing right now with good risk to reward ratios.
Trades are explained in the chart.
If you take the trades... please use the SL in every one of them.
MANA is Going to Be Bullish Soon!MANA is in a Bullish Flag Pattern.The Price is gonna Increase soon But No Break out has Happened yet Be ware of that! The Pattern can also Considered a falling wedge Pattern as well which is also a Bullish Pattern. The Price is gonna Increase as much as the Flag pole or At least to the Top of Falling wedge !The Next Target and Resistance is around 1.65$.
-MANA is in a Bullish Flag
-MANA is also in a falling wedge Pattern
-(AB=CD)
-Price is gonna Reach 1.65$
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Thank you for seeing idea .
Have a nice day and Good luck