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Mana

Still BullishYesterday's bullish scenario is unfolding today. The next couple of hours will be telling. I kept the same chart, deleted an arrow from the resistance line (red) to the support for a final potential short-term consolidating dip to avoid confusion. The pink descending wedge has the potential target for a $0.34 correction, right above the resistance depending upon where it breaks out. I'm not necessarily going to trade that, but I am definitely keeping an eye on it. It may break through, drop a little and then go higher? It may break down and retest $2.82ish? MACD looks excellent, curving upwards in preparation for this small but positive move as the red histogram is resolving too. Volume isn't horrific...people are still interested. I think the heartache comes from BTC. Let's face it, it's the Kleenex of crypto. People are starting to figure out that it's original concept was brilliant, but it's application isn't sustainable or even usable when compared to Gen 2 and Gen 3 products. A lot of growing pains ahead as alts/btc pair increase and BTCers lose. As this happens you'll be tempted to freak out. I chose to relax because whatever token I'm into will tank and then recover at a greater rate than BTC. I will also use it to my advantage until the Alts become independent. Even if my alt is in the midst of a rally, I look at BTC as an indicator and sell because the alt is going to follow to some extent. This is not financial advice, just what I do to make a lot of money;-) Do your own research, learn who not to listen to in the process. I am not married to any token. I am just reporting what the chart patterns read, and today's analysis is very short-term.
MLong
by keykomg
1H & 4H Mana Long to retest $3.28Hi everyone! 1H & 4H" MANAUSDT Holding support level at $3.10 Possible move back up to retest local resistance level $3.28, If this happens we might see it going even higher to claim back it position on previous daily trend line above $3.40 Following news from from Samsung accouple of days ago (to use Decentraland to open the doors for it clients to have access to the metaverse) ALWAYS look for extra confirmation before making any trade. Happy trading people (No financial advice) DISCLAIMER The trading ideas, analysis, and comments above should not be considered financial advice or recommendation to trade or invest in any financial product. Your personal situation has not been taken into consideration in the trade ideas. This page is for general educational purposes only. Do not buy or sell any product discusses on this page before doing your own research. Always do your own analysis and research and be aware of the risks involved in trading any financial product :)
Long
by CryptoTraderRetired
MANA - Daily Chart ✅Let's see how MANA is behaving. This is a 1H chart. (Valid for 24 hours) 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 area. The market is showing 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: $3.111 Let me know your ideas. Good luck.
by ShawnMCR
5
MANA, Wonderful Metaverse CryptoMana: As you can see in the chart, the drawn support band shows the $ 3 price floor, which has met with a positive price reaction. The upward and positive trend line of 66 days in green is also a confirmation of the above. Although the intersection of the uptrend line and the price support band has been identified, the next support (unlikely, of course) is the red dotted line at $ 2.79. The goals and targets ahead are also marked with green dotted lines and percentages shown. First Target 17% Target II 31% Third Target 56% Fourth Target 94% Given the good funds that this token has and the general popularity of the field of meta-cryptocurrencies, I personally believe in the above targets. like always : Do not forget to manage capital to trade and consider risk to Reward. Good luck and profitable.
Long
by mansour1978
29% bounce from yesterday's dump.I think BTC will recover to the 48,765.309 area soon. When it breaks through this level, it can have a shot at the 50day at about 51K. MANA is growing, only being dragged down by BTC. MANA has split from the market a couple of times in the past few months and has done so again today. I'm not an apple guy and was delighted to wake up this morning to hear about Samsung. This is huge, more than Nike, Adidas, etc... It made me feel really good about the new Samsung pro I'm typing on, and the NeoQled TV and sound system I treated myself to at Christmas. I did notice at Thanksgiving, when everything tanked, that MANA rebounded exponentially against all the other coins. Keeping that in mind, I had converted a bunch of ADA and ETH last night into MANA...thanks Samsung. I lucked out because my stop loss from a buy at $3.02 was right at $2.79. Below are some ideas of where I think MANA is going and how it may get there...and not financial advice. This is all short-term stuff. MANA is holding, consolidating well. Ascending channel and C&H on the short-term. MACD is better, above the histo. and you can see it bounced from the line I drew on the Stoch RSI last week. Smaller C&H patterns have been leading into larger ones, putting $3.60's and $3.80's back on the map. We can only hope that BTC doesn't continue to drop. BTC is looking good, so if it returns to the 48-51k range in the coming days, this will even further MANA's "head start," putting $4.50-$5+ readily within reach. On the downside, should MANA be consolidating in the Descending channel, I am keeping an eye on $3.20-3.15. Below that, it may test $3 or lower?
MLong
by keykomg
1
QTUMUSDT 1D TA : 01.07.22 : $QTUMAll 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 📅 07.Jan.22 ⚠️(DYOR) ❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
by ArmanShabanTrading
1
Bitcoin Short 1D TA : 01.07.22 : $BTCDid you see where we recommend it to get SHORT ??? that's how you do it :)))) As we expected, the price break the trading range from the bottom and also lost its important dynamic support. Currently, the first very important support and bearish target is the (Swing Low) price, which is in the range of $ 42,000. Up to $ 42300, if this critical level is broken the next downside targets will be $ 40 ,000, $ 38,600 and $ 37,700 and if all 3 of these support will be lost , the Potential Reversal Zone (PRZ) could be the of 35,500 $ range ... (This analysis will be updated) 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 📅 07.Jan.22 ⚠️(DYOR) ❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
COINBASE:BTCUSDShort
by ArmanShabanTrading
1
Metaverse-No force on earth can stop an idea whose time has comeMana The first VR head-mounted display (HMD) system, The Sword of Damocles, was invented in 1968 by computer scientist Ivan Sutherland and his student Bob Sproull. As I said “No force on earth can stop an idea whose time has come” They can ban crypto,bitcoin,stablecoin, etc. Except Metaverse and Nft! I believe that “Mana” is bitcoin for Metaverse world! Q4 of last year Mana had massive bullrun since november has been correcting..now we can see that Mana creating double bottom W. As a support or resistance we can use our fib levels.If it manages to break out resistance 3.74 (which is fib level 78.60% and at the same time neckline of double bottom) then we could see more bullish pressure arise and ofc new ATH’s Not financial advice!!!
by Madinakh
2
$Gold TA in 1D TF : 01.06.22 $XAUUSDWell, as you can see, yesterday in the 4-hour time frame, we saw the first and most important bearish signal with the opening of the New York market, and the price started to fall exactly from the $ 1830 range, and so far it is in the $ 1790 range. It has given us a return more than 400 pips. If $ 1785 support is broken, the next targets are $ 1777 and $ 1765. 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 📅 06.Jan.22 ⚠️(DYOR) ❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
OANDA:XAUUSDShort
by ArmanShabanTrading
2
MANA - Don't Miss This Move! 🚀Mana had a massive bullrun late last year and since them it has been correcting. We can see that we are creating some sort of an ABC move. Ideally we'd like the completion to be at the -0.27 level where we have previous structure. Trade Idea: - Watch for price to come back down to the -0.27 fibonacci (2.00 to 2.200) - Enter when bullish price action appears - Stops below that level - Target recent highs as first target and HODL the rest Decentraland usually has massive bursts so it's likely we will see a very quick move. What do you guys think?
by Altsignals
5
MANA - Daily Chart ✅Let's see how MANA is behaving. This is a 1H chart. (Valid for 24 hours) The Fib retracement shows that the price is getting rejected by the local resistance area. The market is showing 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 up the value, and the lower band can hold the price. 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: $3.2132 Let me know your ideas. Good luck.
by ShawnMCR
4
Slow and steady: The month ahead.Clean chart for the new year. My posts generally address short-term trading. I will start off the new year with the greater picture on the Daily. Zooming out at the month ahead, the RSI is currently at 44 so you can see on the MACD that any crazy sell-off was limited (circled in red). The green circle is what I expect the chart to look like in the week(s) ahead, nothing parabolic...just steady growth. Moving up on the chart, the Stoch RSI is bottoming out, ready for another move upward (purple). Mana has been resting under and testing the 20day over the past few days, more volume is needed. Currently on track in an ascending channel within a greater ascending channel. The blue squiggly line is a potentially slowish and steady path forward. There is strong support around $3.14 should BTC continue to drift lower. As much as I like big bounces, I am enjoying the current predictability. On an even bigger picture, I don't see anything crazy to the upside until March/April. That being said, there will be plenty of 5%-55% bounces and dips to trade before any ATH. These are just what I am seeing and not financial advice. Good luck and do your own research.
MLong
by keykomg
5
Bitcoin [BTC] Update (1/3/21) - BULLISH. One More Dip...Bitcoin has established a floor with the high spike on the VIX indicator. I've been observing different indicators and looking for a correlation from the Stock Market to Bitcoin. The VIX indicator has been an interesting one to observe alongside Bitcoin's movements. * The VIX Index is a calculation designed to produce a measure of constant, 30-day expected volatility of the U.S. stock market, derived from real-time, mid-quote prices of S&P 500 Index (SPX) call and put options. On a global basis, it is one of the most recognized measures of volatility -- widely reported by financial media and closely followed by a variety of market participants as a daily market indicator. During the big drop in Bitcoin back in May, we had a huge spike in the VIX indicator, showing the first low of the new established bottom. In June, the VIX indicator had another spike but only to the VIX resistance line around 25. We have a very similar look currently on Bitcoin. There was a spike above the VIX resistance line in December when Bitcoin dropped. I am waiting to see the second spike to the VIX resistance line and then another deep low on the main chart. This will likely extend down into the Support Zone from 42,000 - 45,500. This Support Zone was created using the Yearly VWAP as the top of the zone and the 2nd deviation on the Bollinger Bands as the bottom of the zone. After this deeper dip into the Support Zone, Bitcoin will be ready to make make it's next leg up in this Bull Cycle and create a new All Time High, just like it did after the 2nd Dip in June. However, we know that nothing usually goes straight up in a line. We will likely see a little correction when it reaches the 2nd deviation at the top Bollinger Band and then on to the new All Time High. It is possible that we don't dip into the Support Zone at all and we just take off from here as well. Either way, I see us going up from here.
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Long
by TraderFromTheNorth
114