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MANABTC

✳️ 1,2, 1,2 Is The Final Proof | Decentraland, Patience Is Key! Decentraland (MANABTC) grew by 100% in 2 weeks. If you had 1 BTC, you end up with 2 BTC. Bitcoin grew over 65% in this same period. Say 1 BTC was worth $10,000 for simplicity. 65% increase would mean $16,500. Now your MANABTC trade doubles so you get $33,000 total (2 BTC at the new price). That's why we trade Altcoins vs Bitcoin mainly long-term. With USDT if you buy $10,000 worth of any Altcoin and it doubles you get $20,000. That's it. Decentraland Technical Analysis ✔️ #1 is the falling wedge, after the falling wedge the bullish wave #2. ✔️ New #1 is a falling wedge ending in a higher low, new #2 should be a bullish wave ending in a higher high. For all this... Patience is key . Namaste.
Long
by AlanSantana
MANA's buying pressure has eased sharplyMANA's buying pressure has eased sharply after breaking the corner pattern, and one of MANA's short-term resistances at the $0.75 range has reacted negatively over the past two days. As long as the marked strong resistance is not broken, its correction potential is higher. Minor support is considered at the $0.69 range, and these ranges are considered minor levels. We can expect a trend continuation or a deeper correction if there is any break. Safe ranges as a support are $0.460 to $0.540, and second support at $0.400 to $0.425. With Mana trending upward on the daily timeframe, there is potential for it to reach higher targets in the $1 range after the price correction.
by MonoCoinSignal
5
MANA has been in a range over the past two weeksMANA has been in a range over the past two weeks, and its bullish move was halted when it reached the $0.80 range resistance. Because a strong retracement of the resistance range has occurred without a pullback, the potential for a price correction to at least the $0.55 support area has been created. Also, we could consider the ascending channel as a corner pattern, which with the confirmation of the pattern from the bottom, the last target is in the range of $0.57. Now the resistance that is considered in the range of $0.75 is the range above which we cannot expect a bullish trend in the 4-hour timeframe if a strong reversal is not registered above it. The first support of MANA is considered in the range of $0.458 to $0.540. One of the strongest near-term supports is the $0.402-$0.425 range, which is unlikely to see a deep correction given the strength of the uptrend.
by MonoCoinSignal
18
Decentraland (MANA) formed bullish BAT for upto 15% pumpHi dear friends hope you are well and welcome to the new trade setup of Decentraland (MANA) with US Dollar pair Prevously I shared a long-term trade setup for MANA, which is still in play as below: Now on a 4-hr time frame, MANA has formed a bullish BAT pattern for another price reversal move. 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
Long
by moon333
2
MANA can also decrease to the support If more negative reactions to the resistance levels are observed during this week and selling pressure increases, MANA can also decrease to the support range of $0.5317 by breaking the bottom of the short-term ascending channel. Negative divergence has also been observed on the RSI indicator, which could be another warning sign for a price correction. Among the important resistances of MANA, we can mention $1.05, which is one of the strong reaction levels.
by MonoCoinSignal
4
Short-term bullish channelMANA has increased in price by more than 16% in the last 24 hours. The buying pressure that has arisen has caused a new ceiling to be registered again in the daily and 4-hour time frames. Given that the price is in a short-term bullish channel, as long as the bottom of the channel holds at the $0.70 support area, there is potential for MANA to grow further and reach the next target range, which is $0.83. But higher and more important resistance is considered at the $1.05 level, which could be a more serious and important supply area.
by MonoCoinSignal
3
Static support area of $0.55MANA recorded good price growth during the last weeks. In the previous analysis, this price increase was predicted according to the candles' reversal signs and the RSI indicator. But because the market entered an upward phase, the ceiling of the main descending channel of MANA was also broken, and the price is above the level of $0.58 -$0.66. We can say that the daily time trend of MANA is up. Therefore, pullbacks can create a strong positive reaction to support levels. The price of MANA has entered an ascending channel in the 4-hour time frame. As long as the bottom of the channel is maintained and the static support area of $0.55, we can expect further price growth. So, at this level of support, we can again expect a positive reaction and an increase in demand. Also, if the short-term ascending channel is maintained, MANA can grow to $1.12.
by MonoCoinSignal
5
It can be supported againMANA has registered more than 17% price growth in the last 24 hours. Resistance in the range of $0.56 to $0.65 was considered for MANA, which was broken by strong candles. If the high price of this area stabilizes, it can be supported again. In this case, the next targets of the buyers will be in the range of 1 to 1.10 dollars. Another point is that the break of the ceiling of the main descending channel was without a pullback, which is a sign of the strong strength of the buyers and the reversal of the trend in the daily timeframe. So if we have a correction, the second support is considered in the $0.50 range.
by MonoCoinSignal
6
✳️ Decentraland Hit Bottom vs Bitcoin | Looks Great Long-TermThis chart looks so good that I had to stop to share a trade signal before writing this article... So, what do we have here? Decentraland (MANABTC) has gone through a massive correction/bear cycle. MANABTC dropped by 83% from its All-Time High. Now, altcoins vs tether (ALTSUSDT) pairs tend to correct by 93, 95 and up to 98% from major bullish cycles while the altcoins vs bitcoin (ALTSBTC) pairs are a bit different, they can correct 70, 75, 80 and up to 85%. Some altcoins vs bitcoin pairs won't be go to 50% in its bear market correction while others move inverse to bitcoin and go bullish while the rest of the market drops. Just a small detail to keep in mind. Going back to Decentraland vs bitcoin, the RSI hit its lowest ever and is now starting to reverse. As a bullish pattern we have a perfect falling wedge and a broken downtrend. Early signals of the upcoming bottom came in November 2022 with a high volume week.. Afterward the volume continues to drop as the new low is hit. With sellers exhausted this pair can change trend and start to grow. Easy/first we will see a 75%+ price jump and hit 0.00003700 btc on the way up. This will be followed by 230% at around 6880 satoshis or 0.00006880 btc... We can even try an calculate the next high based on the Fibonacci extension numbers... This is what I see: 534% Possible (chart below) That's it for Decentraland vs bitcoin... Very low risk, high potential rewards. Remember to plan if you decide to buy/trade. What would you do if prices crash? Hold? For how long will you hold? Sell at a loss? When would you sell, at which price? What would you do if things go as planned and MANABTC breaks up? Will you hold, yes? For how long? Will you sell? When and how much? Answering these questions will lead to maximum gains, reduced stress, controlled risk and long-tern success. Quite simple isn't it? Come and play this game. Namaste.
Long
by AlanSantana
6
To unleash the rising power...Hello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a nice day. ------------------------------------- (MANABTC 1W chart) In order to release the power of a full-fledged rise, it is necessary to check whether it can rise above 0.0000 3732. ------------------------------------------- (MANAUSDT 1W chart) In order to continue the mid- to long-term upward trend, the key is whether it can rise to the 0.7051-1.0952 range. (1D chart) If possible, the question is whether support above 0.6537 can lead to an upward move above 0.7051. If not, it falls 1st: around 0.58 2nd order: around 0.4970 You need to check if it is supported in the 1st and 2nd sections. If it falls below the 2nd section, there is a possibility that it will turn into a downtrend. when it rises, 1st: around 0.8387 2nd order: around 1.0952 It is necessary to check whether the 1st and 2nd sections are touched. -------------------------------------------------- ------------------------------------------- ** All descriptions are for reference only and do not guarantee profit or loss in investment. ** If this chart is shared, you can use the indicators normally. ** The MRHAB-T indicator includes indicators that indicate points of support and resistance. ** HA SRRC indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor). ** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100). (Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.) ---------------------------------
by readCrypto
The price has hit a key resistance in the $0.577-$0.650 rangeMANA has recorded a growth of over 30% in the last 24 hours. The price has hit a key resistance in the $0.577-$0.650 range, and this strong upside move has pushed the price out of the main bearish channel. There is a possibility of a negative reaction and the formation of a range zone for MANA. The trend change has been observed for some time in the daily timeframe, and pullbacks to support points can bring a positive reaction. The first and closest valid support is considered to be in the range of $0.485-0.458, which, hitting this level if there is a positive reaction, can bring the price back to the previous ceiling in the range of $0.650.
by MonoCoinSignal
5