Mana
A week later, same chart.Be patient. The market made it through the Fed last week. MANA has just been filling in the lines this week. Super low volume. MACD looks good on multiple time frames, pointing up on the daily. BTC 50 and 100 still don't look great...but MACD is good. We'll see what BTC does at 48K?
MANA - Daily Chart ✅The Fib retracement shows that the price has pumped and now is retesting a resistance level.
The market is showing SELL / NEUTRAL volumes for MANA.
Two resistance levels push down on value, and two support levels hold the price high and show strength. The higher band can work as resistance.
The upper Bollinger Band can push down the value, and the middle band pushes the price up.
If the price crosses the local resistance and stays above it for confirmation, we can open our long positions, aim for the next resistance, and use it as a TP point.
The RSI shows that MANA is above the 50 levels, the center.
If you want to know how the RSI indicator works, take a look at this Educational Idea. It'll help you have better readings:
Current Market Price: $3.0258
Let me know your ideas.
Good luck.
Decentraland 12H TA : 01.15.22 : $MANAAll supports and resistances are marked on the chart. As we can see, the price is in an important range and recommended to keep an eye on it ...
Follow our other analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 15.Jan.22
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
Solice competing with SandboxHello there everyone!!! 😃🌏👋
Thank you for considering my approach today, let's dive in⭐⏬
Note 📌 more accurate target will be available as we move along, this is a relatively new project. My bias is very bullish🏵🐮
Fundamental analysis :🤸♂️🌊
So, Animoca Brands who created the p2e game the Sandbox is at it again along with the incredible Solice team. The CEO of SLC was one of the members of the original Fantom team. Turns out Animoca is top investor in the Solice VR metaverse project . It's no surprise to see them investing in meta projects across all blockchains it's what they do... but not this heavily, so we suspected bullish price action at launch.
Anomica is not the only investor in this VR project either, it was also invested in by gate , Kucoin , and FTX via Alameda research. Launch was on gate and huobi , then it was added to dex's on Solona such as Raydium and Orca .
💭😁
They've locked up a large amount of the supply with a massive staking system ranging across dex's and exchanges. The last staking will be on tomorrow Jan 15th for one full week on gate📌🕘📆
I can't help but think that these big players have something planned for when it's all locked away, after all, Pro Shares just filed for a Metaverse ETF . There is clearly institutional interest and SLC's stopping power against BTC downtrend is very apparent.
Technical analysis: 📈📉
This is relatively new token, so we don't have a whole lot of data yet but here is what we know👀
💫We saw price correct and bounce from 0.618 fib after reaching 4.25 dollars from 7 cents at launch.
💫Watch the chart as it's breaking out on the daily now and seemingly gaining support at 30 percent retracement line.
💫We could see a retest of upper purple line on chart above before more upwards movement.
💫If we fall below ~2.79 again, an updated TA would be wise 🐶
💣 WIth that being said buy pressure is very high right now and no one really knows
✔ This metaverse land💲 is not going to be cheap (in theory)🏜🌋🏝
📆📌🕘 Four land sales🏝 🌅are coming up which will require large amounts of SLC to purchase. The game itself launches this quarter. In my opinion we could see 10 to 25 dollars in the coming months given the current MC and the amount that is locked up.
In fact, at a Sandbox or Mana MC the coin would be worth 100's of dollars in the future... Meta and the right p2e projects have been the play indeed in the past couple months. That being said, I always recommend you do your own research👽
Thank you so much! Happy trading all and please remember 👍👇
🛑🛑🛑This is not financial advice🛑🛑🛑 Above are approximate targets based on fibs etc. I always recommend looking at multiple charts when making a big investment!
Always have a stop loss ✋🛑💲 set
Any thoughts 💭💡, questions 🙋♀️🙋♂️❓, good 👍, bad👎, happy 😄 or sad 😥, in the comments always welcome.
Jazerbay ☯
#MANA barely gave a close above candle over the resistance zone #MANA barely gave a close above candle over the resistance zone and price is about to test the resistance line too. Well, market looks good and short term bullish as of now, so you can accumulate some #MANA. We may see breakout in couple of days.
By @CryptoAXEN
MANA - Outlook (as you asked) ✅Let's see how MANA is behaving.
This is a 4H chart.
The Fib retracement shows that the price had a dump and got corrected to a new support area. We've been in a downtrend for a long while now.
The market is showing NEUTRAL volumes for MANA. We might see an uptrend breakout after more consolidations.
Two resistance levels push down on value, and two support levels hold the price high and show strength. The higher band can work as resistance.
The middle Bollinger Band can push down the value, and the lower band pushes the price up.
If the price crosses the local resistance and stays above it for confirmation, we can open our long positions, aim for the next resistance, and use it as a TP point.
The RSI shows that MANA is above the 50 levels, the center.
If you want to know how the RSI indicator works, take a look at this Educational Idea. It'll help you have better readings:
Current Market Price: $3.0666
Let me know your ideas.
Good luck.
MANA's Expected Movement in Short TermHi every one
DECENTRALAND / TETHERUS
MANA is in a Falling Wedge Pattern. The Price has not Done a Break out yet, But When It happens It is Expected To Do a Great Bullish Movement Up To The Top of The Mentioned Pattern. First Target is In The Middle of The Falling wedge Pattern. After a Little Bit of Correction, The Price Should Ascend Further. The Main Target Is around 4$.
💎Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Thank you for seeing idea .
Have a nice day and Good luck
MANA in Persian means: permanentBefore going into the Rajab chart, let's talk about the news and the fandamental status of this currency ------ >
As you know, a few days ago it was announced that the Australian tennis tournament will be held in decentraland. And that Samsung opened its own store in desentraland so on and so forth.
But graph analysis
After much growth due to the renaming of Facebook, mana had an upward trend to the price of $ 6 and then its price correction began.It currently has two major backers, one $ 2.49 and the other $ 1.58But how to enter: After the real failure of level 3.60, 30% of the money can be entered and after breaking the level of $ 4, bought another 40% and bought the remaining 30% after breaking the level of $ 5.21.
Risk takers can buy their first 30% at $ 2.94 with a stop loss of $ 1.58, which is 36% of the loss with a profit margin of $ 5.21, which is a ratio of 1.3 which is a good number in r / r.
Note: The loss limit for both systems is $ 1.58
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MANA - Daily Chart ✅Let's see how MANA is behaving.
This is a 1D chart.
The Fib retracement shows that the price had a dump and got corrected to a new support area, and now it's getting support from the local support/resistance area.
The market is showing NEUTRAL / SELL volumes for MANA.
Two resistance levels push down on value, and two support levels hold the price high and show strength. The higher band can work as resistance.
The middle Bollinger Band can push down the value, and the lower band pushes the price up.
If the price crosses the local resistance and stays above it for confirmation, we can open our long positions, aim for the next resistance, and use it as a TP point.
The RSI shows that MANA is below the 50 levels, the center.
If you want to know how the RSI indicator works, take a look at this Educational Idea. It'll help you have better readings:
Current Market Price: $2.8659
Let me know your ideas.
Good luck.
MBOXUSDT Daily TA : 01.10.22 : $MBOXAll supports and resistances are marked on the chart. As we can see, the price is in an important range and recommended to keep an eye on it ...
Follow our other analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 10.Jan.22
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️