MANA to new ATH?Decentraland broke up this triangle 📐 and I think there is chance for run to 5.17 and even higher. Setting BUY LIMIT order to catch the pullback. MANA just show us some magic!⚗️
ENTRY : local high @ 2.99
SL : local low @ 2.66
TARGET : height of the triangle projected from midpoint of the local range (BUY LIMIT - SL) @ 5.17
RRR : 6.6
INVALIDATION : when SL level hit
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⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
MANABTC
MANA Decentraland next upcoming move on small time frameMANAUSDT has take a correction after moving exceptionally. if it doesn't breaks its support on small time frame i.e. on hourly time frame we can see a move above. On the contrary if it breaks and closes below 2.56 an attempt to short it can be made.
Long idea:
Entry : Current Price
Stop Loss : 2.56
Take Profit : 4.90
Short idea:
Entry : if candle close below 2,56
Stop Loss : 2.4
Take Profit : 1.35
$MANAUSDT Target PTs 9-12.50 and higherDecentraland Coin Price & Market Data
Decentraland price today is $3.18 with a 24-hour trading volume of $7,755,788,654. MANA price is up 20.7% in the last 24 hours. It has a circulating supply of 1.3 Billion MANA coins and a total supply of 2.19 Billion. If you are looking to buy or sell Decentraland, Binance is currently the most active exchange.
What is Decentraland?
Have you read or watched Ready Player One? If you have then you know where we are headed. Decentraland is a decentralized VR (virtual reality) world that is powered by the Ethereum blockchain. In this virtual world, you can purchase land, build it, monetize, and immerse into the applications and content that is built by other users. What distinguishes Decentraland from other VR projects is its decentralized nature. Land and in-game currency are powered by the Ethereum blockchain which give users complete ownership and promotes transparency.
What is MANA?
MANA refers to the native currency in Decentraland. It is an ERC-20 token powered by the Ethereum blockchain. Users can currently use MANA to purchase LAND and also pay for goods and services in Decentraland. MANA token can be purchased from various centralized exchanges, decentralized exchanges, and swap services.
What is LAND?
The concept of LAND in Decentraland refers to a parcel of land in the 3D virtual world. LAND is a non-fundigble token (NFT) powered by the Ethereum blockchain. Users have the opportunity to permanently own any LAND they purchase as the land titles are all traceable through the blockchain. They would then have total control on any 3D scenes they would like to build on the LAND. Individual parcels of land can be combined into estates to form larger plots of land. You may purchase LAND from secondary markets such as the Marketplace or OpenSea.
How do I keep my MANA safe?
Since MANA is an ERC-20 token, you can store it in any Ethereum compatible wallet. To stay secure, a good recommendation would be to use a hardware wallet such as Trezor or Ledger. If you are looking to interact with the Decentraland smart contracts, you an opt for wallets such as Metamask, MyEtherWallet, or MyCrypto.
Decentraland (MANA) Hits New All-Time High | Bulls Win! +555%Decentraland (MANABTC) hits a new All-Time High.
This altcoin trading pair was added to Binance back in September 2017, I can remember it even to this day.
We have a long-term higher low in January 2021.
Meaning, the low/bottom set on Jan. 2021 ended up being higher than the All-Time Low.
We also have a higher high long-term.
Higher lows tend to lead to higher highs.
The growth is massive with over 555% in just the past 3 days.
After April/May 2021 price peak, we had a correction that found support at the 0.618 Fib. retracement level. Something to look for in order pairs that are yet to breakout.
The highest weekly trading volume is also visible since March 2021.
Looking at this chart is why we recommend setting your orders on target and letting it roll.
Over 5 months of correction were cleared in a single week.
If you bought the coin but didn't set your sell orders on target, it would be extremely hard to get the peak.
To understand what I am writing some experience is needed of course... But I am sharing for the beginner and the intermediate trader, some of the technical details for the advanced.
Namaste.
MANAMy parents (believe it or not) are in this coin and they got in around 600 satoshi back in December 2017.
I tried explaining the idea behind some coins and this is the one they liked the most.
My mother has been sending me messages every now and then, she learned she can follow MANA on coinmarketcap and she is interested not so she can understand the project fully, but because it excites me. Therefore I hope this coin will perform extremely well in the future, it has been holding up great and maintained most of its value in the correction.
Perhaps an interesting side note, I also got into MANA at the same time and for the same amount my parents did and I'm going to trade this coin, opposed to them HODL'ing.
So that in a few years from now we can compare strategies and see if me trading this coin has been more lucrative than my parents just HODL'ing it.
I usually don't call out USD targets but I wouldn't be surprised to see this coin go to 10 USD and beyond, I believe in this project
MANA/USDT 30M SHORT UPDATE Welcome to this quick mana/usdt short analysis.
I have tried my best to bring the best possible outcome me in this chart.
Reason of trade :- mana/usdt is head and shoulder pattern has been made in the garland, it is a symbol of bearish pattern,
Entry:- CMP (buy green zone)
Target:-
T1:-$1.24
T2:-$1,18
T3:-$1,08
T4:-$0.98
Stoploss:- $1.43
Sorry for my english it is not my native languages.
Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading.
Do hit the like button if you like it and share your charts in the comments section.
Thank you...
MANA Price Rallies 45% To $1.27 Buoyed By Facebook Rebrand
MANA price has rallied 45% over the last 24 hours following the news of Facebook rebranding to Meta.
MANA’s upward movement aims for the all-time high around $1.70.
The MANA price has rallied a massive 45% over the past 24 hours, a significant increase for the DeFi coin. Decentraland’s price rally has been largely driven by the news of Facebook rebranding to Meta. The tech giant announced it was rebranding to Meta, reaffirming its metaverse ambitions.
The news saw Metaverse, NFTs and gaming token prices rally just a few minutes after the announcement with some metaverse-related cryptocurrencies gaining as much as 100% in the last 24 hours.
Decentraland (MANA) price analysis reveals that it has soared as by as much as much as 80% at earlier today to an intra-day high of $1.521before being rejected by the $1.50 resistance level.
MANA Price Rally Aims For $1.70 All-Time High
At the time of writing, MANA price is changing hands around $1.27 on most crypto exchanges and appears to be fighting immediate resistance from the $1.30 psychological level. A closure above this level could see the Decentraland token rise to tag the April 17 all-time high (ATH) around $1..70.
Before hitting this target, the MANA bulls have to overcome selling pressure from the $1.42 and $1.49 supply zone.
The entry of the Relative Strength Index (RSI) into the overbought zone indicates that the bulls are in control of the MANA price, accentuating this bullish outlook.
Also the upward movement of the MACD and its position above the zero line in the positive region validates this optimistic outlook.
However, if MANA slips back into the demand zone, the red band, it could trigger massive sell orders that could see it tank towards the 200-day SMA at $0.85, the 100-day SMA at $0.80 and the 50-day SMA at $0.871.
MANAUSDT Technical Analysis⏳ Spot
💎 MANAUSDT has formed an ascending triangle , it has also been moving along the ascending channel. It might go down to the Pullback zone after the rejection and then with more Bullish power breaks above the triangle.
🌐 Tradingview
🏁 Short & Medium Term
💵 Invest Only 5% of your Portfolio
🎳 Entry at Market or at 0.7000
☕️ TP1 0.8670
🍺 TP2 0.9440
🍻 TP3 1.0750
🍾 TP4 1.2500
🍷 TP5 ______
🍸 TP6 ______
🍹 TP7 ______
🎁 TP8 ______
🚫 SL 0.6400
Good Luck 🎲
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MANAUSDT , We are in ...Hello guys
Everyday we are analysing the differance coins of market and will publish it , follow us to get the first one that can watch it
in here after the triangle pattern on chart , we have downward trend until the sensitive zone , according to the chart , here is important zone for reverse the trend , in here we have pattern and the key for the trend , the trend was changed and in here we are in pullback and when the price reach to our zone we can take long position or buy MANA with nice R/r
Dont forget stop loss , we shown only first TP 1 because of the market and news , we need more details after the TP 1 reach , then we will update the chart
MANA is one the powerful and amazing tokan that based on game in crypto : this is the future
Good Luck
Abtin
MANAUSD still uptrendMANA may go down for a few more days, not going below the $0.52 ever again. And once it bounce up its price can reach the $2.00 .