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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