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MANABTC

MANA/BTC Symmetrical Triangle Breakout! Ichimoku Daily AnalysisIf you like my ideas and the work I do, please check out the links in the signature and give me a like ;). MANA had been forming a symmetrical triangle in the last couple of weeks since it had the first push up. It now bounced off the Pivot and broke through the top of the Triangle and through R1. If it now finds support on top of the Triangle the trend is confirmed. On the Ichimoku the Tenkan ( Yellow Line ) Bounced off the Kijun ( Dark Blue Line ) which means it's trading above it and this is a confirmation of the bullish trend. The RSI shows a slight Bearish Divergence and is somewhat overbought, so I do expect it to come down a bit at least to retest the top of the triangle as support. And there we can see if it holds and get a good entry point.
Long
by VrotteOtter
$MANA Huge Upside Potentital Looking at $MANA (Decentraland) on the daily timeframe Again just like most to all other altcoins, MANA has been in accumulation. However, this coin looks sort of like the $THETA coin that just had it's parabolic rise of over 1000% and news articles covered it By saying this I mean $MANA has been in accumulation for almost a year now The longer the accumulation period, the higher the price will slingshot up Accumulation zone is 366-439 sats, wide range yes I know. Clearly marked out levels on the chart so you can easily eyeball the moves that are about to take place. I tried entering at just under 439 sats but got stopped out with a tight SL, waiting on re-entry 1st distribution target is 580 sats 2nd distribution target is 751 sats Unlike Ravencoin and MATic network, I sort of have a clue what MANA does as a coin. It runs on the Ethereum network as an ERC-20 token and Decentraland is a virtual game where you can own shares of the land all tokenized on the blockchain Please be patient with this coin, this is a daily timeframe so don't expect the price to yeet in price the second you buy it screaming Mclaren mclaren.
Long
by kyer
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