Get started

Mana

Alikze »» MANA | Ready to retest the resistance zoneIn the last two posts, the Mana currency experienced a growth up to the specified area. After making a head and shoulder pattern in the roof of the channel, it faced a correction, which continued until the 36 cent area. 💎 Currently, due to the candle that has broken the support zone, it has become a stubborn resistance. 💎 Therefore, I expect that considering that a double bottom is currently formed with a retest of the area and with the support of the 39 cents range, it can attack again to break it, that this attack can continue up to the midline of the channel and then it can reach the ceiling. Continue the growth channel. 💎 Alternate scenario: If it loses the range of 39 cents and stabilizes below it, the next scenario can be substituted for it, which can extend to the green box area. »»»«««»»»«««»»»««« Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Sincerely.❤️ »»»«««»»»«««»»»«««
Long
by alikze
📈MANA Analysis: Identifying Entry Points❗️🔍Today presents an opportune moment for opening positions as the market structure offers potential entry points upon breaking support or resistance lines. Bitcoin's rejection from $64,437 yesterday prompted altcoins to establish lower resistance levels. One such altcoin is MANA, representing the Decentraland project, which, despite previous bullish rallies, now offers a favorable entry opportunity. While the project's fundamentals are significant, our focus lies solely on pinpointing entry points for futures trading. 🎯In line with my preferred strategy, the classic technical analysis approach of identifying breakouts serves as the cornerstone. Personally, I've found this strategy combined with prudent capital management to be remarkably effective. However, it's crucial to acknowledge that each trader must develop their own tailored strategy, as no two traders' nuances can be identical. 📉For a short position, the breakout below the POC fixed range volume profile, while overlapping with short-term support, could provide a low-risk entry. Nonetheless, the primary entry point remains at $0.4056. If entering a position following the POC breakdown, I recommend aiming for risk-to-reward ratios of 2 or 3, aligning with previous analyses' emphasis on lower ratios until major triggers for long or short positions emerge. 📈Patience is key for a long position, waiting for the breakout of the descending trendline and activation of the trigger at $0.4557. In this scenario, a short-term scalp position can be taken. However, refrain from expecting high risk-to-reward ratios until breaking out of the primary box, focusing on ratios of around 2-3 until $0.4977 is surpassed. 🎲Maintaining minimal exposure within the $0.4056 to $0.4977 range is advisable. When entering positions, particularly during the breakdown of major triggers, closing positions upon signs of price reversal is prudent. In case of box breakdowns, the initial low-risk target is $0.3325, followed by $0.5662. However, it's paramount to exercise patience and observe price signals before closing positions post-trigger breakdown. 💥While RSI may not be applicable in a ranging market, it can serve as a helpful tool for setting targets and securing profits. Avoid closing positions if major triggers are breached and RSI enters overbought or oversold territory, as significant price movements may follow. 📊During position entry, monitor candlestick volumes, ensuring alignment with the intended position direction, and avoid entry during divergence. 📝In conclusion, today's analysis underscores the importance of a strategic approach tailored to individual trading styles. By adhering to well-defined entry and risk management protocols, traders can navigate market fluctuations effectively. 🧠💼It's important to acknowledge the inherent risks in futures trading, with the potential for margin calls if risk management is neglected. Always adhere to strict capital management principles and utilize stop-loss orders, ensuring that the initial target offers a risk-to-reward ratio of 2
by itsparham96
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. »»»«««»»»«««»»»««« Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Sincerely.❤️ »»»«««»»»«««»»»«««
Long
by alikze
3
MANA/USDT - Decentraland: Super Trend◳◱ On the $MANA/ CRYPTOCAP:USDT chart, the Super Trend pattern suggests indications that the trend may be gaining or losing strength. Traders might observe resistance around 0.4931 | 0.5233 | 0.6013 and support near 0.4151 | 0.3673 | 0.2893. Entering trades at 0.4777 could be strategic, aiming for the next resistance level. ◰◲ General info : ▣ Name: Decentraland ▣ Rank: 110 ▣ Exchanges: Binance, Kucoin, Bybit, Huobipro, Gateio, Mexc ▣ Category/Sector: Media and Entertainment - Virtual and Augmented Reality ▣ Overview: Decentraland is building a decentralized, blockchain-based virtual world for users to create, experience and monetize content and applications. ◰◲ Technical Metrics : ▣ Mrkt Price: 0.4777 ₮ ▣ 24HVol: 4,542,725.045 ₮ ▣ 24H Chng: 1.53% ▣ 7-Days Chng: 12.77% ▣ 1-Month Chng: -24.66% ▣ 3-Months Chng: 12.14% ◲◰ Pivot Points - Levels : ◥ Resistance: 0.4931 | 0.5233 | 0.6013 ◢ Support: 0.4151 | 0.3673 | 0.2893 ◱◳ Indicators recommendation : ▣ Oscillators: SELL ▣ Moving Averages: BUY ◰◲ Technical Indicators Summary : BUY ◲◰ Sharpe Ratios : ▣ Last 30D: -3.12 ▣ Last 90D: 0.26 ▣ Last 1-Y: -0.01 ▣ Last 3-Y: 0.34 ◲◰ Volatility : ▣ Last 30D: 1.03 ▣ Last 90D: 0.92 ▣ Last 1-Y: 0.75 ▣ Last 3-Y: 1.49 ◳◰ Market Sentiment Index : ▣ News sentiment score is N/A ▣ Twitter sentiment score is 0.57 - Bullish ▣ Reddit sentiment score is 0.48 - Bearish ▣ In-depth MANAUSDT technical analysis on Tradingview TA page ▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated! ◲ Disclaimer Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk. ▣ Welcome to the home of charting big: TradingView Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30. Discover it here - affiliate link -
by Crypto2AF
Mana Long Term Setup (Also short term)Decentraland (Mana) is about to go to the clouds once more again. Everything's set and ready; According to Elliot Wave Theory, phase 2 on weekly time frame has ended. We are ready for Wave 3, which is the wave you'd wanna be in for. In 3 day chart zone, RSI is strong. Also in 12H time frame as well. I checked it's on chain data as well, looks okay. Only Buy "Spot" and Hold until the target price is hit. No stoploss will be given. Short Term targets: 0,8217 - 0,8860 Long Term targets (for gigachads): 0,959 - 0,1267
Long
by vs_sayin
MANA/USDT bullish horizon from support? 👀🚀Mana Today analysis💎 Greetings, Today, we delve into the intriguing movement of #MANAUSDT. Currently, it is meticulously maintaining momentum at a critical support level of $0.5484. This level holds immense significance, and its ability to transition from a mere retest to a robust support could be the harbinger of a potential bullish surge. 💎 Despite failing to break the previous high, short-term bearish sentiments persist for #MANA. However, there’s hope on the horizon. As of now, the price approaches the key support level at $0.5484. If it maintains this momentum, we may witness a delightful bullish reversal—a phoenix rising from the ashes. 💎 But remember, my friends, markets are fickle. Should EURONEXT:MANA dip below this pivotal zone, our strategy must adapt. Brace yourselves! We anticipate a bullish rebound from the secondary support level at $0.4686. Failing to reclaim ground here could spell further declines. So, stay vigilant, stay nimble, and let’s navigate these market fluctuations with grace and precision
Long
by MyCryptoParadise
MANA is very bullishThe diametric of the big wave B is over and we are now in the big wave C which is very bullish Price is just looking for a support to start a big rally. By maintaining the green range, it can move towards the TPs. Closing a daily candle below the invalidation level will violate the analysis For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
Long
by behdark
1
Alikze »» SAND | Pullback to broken structureThe Sandbox is a blockchain-based platform that offers creative and decentralized gaming experiences. SAND combines DAO, Metaverse, and NFTs to usher in a new era of gaming. 🔰 In the weekly time, it has made a mixed correction, which after 50% correction of the previous wave has faced demand in the range of 0.27, and now with the failure of the dynamic trigger and a correction and a pullback, it has a growth up to the supply area and neck line. Therefore, I expect that after completing the corrective lag, it will face demand and advance towards the target. ⚠️ The invalidity zone of the analysis is the range of 0.39, and penetration and stabilization below that analysis will be invalidated. »»»«««»»»«««»»»««« Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Sincerely.❤️ »»»«««»»»«««»»»«««
Long
by alikze
Alikze »» LOKA | Ready to defeat the dynamic triggerLeague of Kingdoms Arena is a strategic game governance token with a small market cap, with almost half of its tokens in circulation. After a mixed correction at the bottom of the range of 0.16, demand is met. Currently, it has done a full movement cycle in the form of wave 1, and after the correction of wave 2, this moving wave of wave 3 or upward C can continue its growth after breaking the dynamic trigger to the specified areas. Therefore, according to the momentum of the wave, we should witness the failure of the dynamic trigger for the specified goals. »»»«««»»»«««»»»««« Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Sincerely.❤️ »»»«««»»»«««»»»«««
Long
by alikze
Alikze »» ILV | Wave 3 or C continuation scenarioIn the daily and weekly time, after a complete cycle of correction and bottoming in the range of $37, a motivational wave is entered, which completes a complete cycle in the form of a 5-wave, which in the 2nd correction wave, after making a corner pattern, which according to the previous analysis He reached his goals. 🔰 But currently, this upward cycle can be continued up to the specified areas according to the momentum and type of behavior and structure. 🔰 Currently, the current zone must be broken to continue the path. ⚠️ In addition, if it penetrates and stabilizes under the red box area, this movement scenario will be invalid. 🟩Sup:Red Box ⛳️Tp1 : 177.62 ⛳️Tp2 : 228.39 ⛳️Tp3 : Red Box-2 ⛳️Tp4 : 471.83 »»»«««»»»«««»»»««« Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Sincerely.❤️ »»»«««»»»«««»»»«««
Long
by alikze
📈Weekly Analysis: Bullish Signals for MANA🔥🔍Today is Sunday, marking the end of the week and typically low trading volume. Hence, we'll analyze the weekly timeframe for Mana against USD for potential insights. On this timeframe, Mana has reached a supply zone, evidenced by a bearish engulfing candle. However, the current candle is showing signs of buyer strength. 📈If this candle closes bullish, we can consider a pullback to the level of $0.5517, supported by the 7-period Simple Moving Average (SMA). Additionally, Fibonacci retracement levels indicate that we've reached the 1 extension point, suggesting a consolidation phase. For higher targets, $1.0989 could be considered, overlapping with the 1.414 extension. 📊Volume is decreasing during this correction, signaling a healthy trend. The Relative Strength Index (RSI) previously faked an overbought condition and could potentially surge upwards again. 🛒Buying on the confirmation of the current candle closing bullish seems opportune. 🧠💼Just remember, jumping into trades too quickly before the main trigger can be risky. Always manage your money wisely and be aware of the risks involved.
Long
by itsparham96
MANA ANALYSISGiven the bearish CH and the pullback to the resistance range, it seems that MANA is trying to drop further The target is the lower demand box. Closing a daily candle above the invalidation level will violate this analysis Note that the financial market is risky, so: Do not enter any position without confirmation and trigger. Do not enter a position without setting a stop. Do not enter a position without capital management. When we reach the first TP, save some profit and try to move the stop continuously in the direction of your profit. If you have any comments please post them, comments will help us improve our performance Thanks
Short
by iMoneyTeam
MANA/USDT It required Breakout for Continue the upward Move!💎 MANA has indeed made its mark in the cryptocurrency market with significant market dynamics. Currently, MANA is facing resistance at the supply area. 💎 If MANA successfully breaks out above this area with a confirmed daily candle close, it can probability continue its upward movement and reach our target area. 💎 However, if MANA fails to break out above the supply area, there is a potential for the price to be rejected and gradually move downward towards the demand area around 0.574 to establish a new momentum. 💎 At the demand area, it is crucial for MANA to bounce decisively to attempt another breakout above the supply area. Failure to hold the support could indicate a bearish reversal, leading MANA back to downward movement, potentially reaching lower levels.
by MyCryptoParadise