Manalong
MANA/USDT 4HOUR UPDATE BY CRYPTOSANDERSWelcome to this quick MANA/USDT analysis.
I have tried my best to bring the best possible outcome in this chart.
Reason of trade:-MANA/USDT cup and handle create look bullish trend and buy the green zone
Entry:- CMP and buy the green zone
Traget:-35% TO 40%
Stop loss:- $2.81
with leverage:- 5x to 10x
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.
Sorry for my English it is not my native language
Do hit the like button if you like it and share your charts in the comments section.
Thank you.
MANA/USDT - Potential 116% SetupHello Traders!
Another wave of growth on MANA ended with a deep correction to the Fibonacci level of 0.786
The asset comes out of the consolidation range of $2.99 - $3.78
It is possible to look for purchases from the current price values of $3.70 - $3.85 and buy more in case of correction between $2.99 - $3.25
Stop-loss shall be set closer to $2.72
The targets will be the Fibonacci levels:
$5,90
$6,89
$8,18
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
Decentraland (MANA) Update: $12.45 Target🎯 Potential 146% Gain Decentraland (MANA) Update 29/11/21: $12.45 Target🎯 Potential 146% Gain from the current price. Since the 13 EMA crossed up above the 50SMA on the 26th October, Decentraland (MANA) has been in parabolic impulsive wave from $0.75 to $5.71. This was a 600% move in just under 30 days from the 26th October to 26th November where MANA set a New ATH @ $5.71. From the current price we expect MANA to push above the ATH once more before a much needed cool off period where we can see a weak retracement before the next leg up. Use the Buy Zone to map your Buys whether you're accumulating or want to enter. I believe the range between the 50% and 61.80% is the optimal level to sniper in at the current levels. It is important to note, although we are expecting a cool off period in MANA, we can expect continued growth for MANA in the longterm.
Our current targets for Decentraland (MANA) from the current price level @ $4.99
127.20% fibs @ $7.15 (42% Gain)
161.80% fibs @ $8.98 (77% Gain)
261.80% fibs @ $14.28 (182% Gain)
423.60% fibs @ $22.85 (352% Gain)
Use Buy Zone to map out your entry. Please see previous analysis below. Happy Trading :)
WHAT IS MANA GONNA DO NEXTHey Guy's,
So the metaverse is the new craze in the crypto verse and MANA has been in the lead for a few days now
We seem to be seeing some cool-off right now
but am actually optimistic for the end of year
The question is where do we begin to see a new up trend ?
At point 1 or point 2
What trend line will price respect ?
Only time will tell
Lets discuss in the comments section
Manausdt
Mana token attacks its dynamic resistance level several times a day in timeframe and fails to break it
Due to the behavior of this token
We expect the correction to the three identified areas and then we will see the price rise again and the creation of a new ceiling
Note: Of course, consider that Total and Domain Bit indices (previously analyzed) are very effective and important for us
MANAUSD Rising Wedge This is the four hour chart for MANAUSD
A rising wedge can be seen to form above the recent burst of price
If this collapses as suggested by the rising wedge (a bearish pattern ),
0.786 is a good target because it provides a support which was previously a resistance point for the coin
$MANA Technical Analysis The MANA chart is looking textbook on the 4h timeframe. I am very bullish on the project and the coin.
The reversal on November 11th was a clear Doji Star and began our strong rise to the top of the channel at the $3.80 level.
November 13th to 18th showed a head and shoulders pattern following our initial breakout, a great bullish sign.
MANA broke the neckline on the retest following the pattern on the 18th but only briefly. Then proceeded to breakout to the top of the channel again.
Now we are falling from the top of the channel and looking for support. There are 3 key levels of support.
Support Level 1: Middle of the channel, also the 23% retracement level on fib.
Support Level 2: Neckline of head and shoulders, also 33% retracement level on fib.
Support Level3: Bottom of channel, strong previous support shown by wicks only reaching line.
Strategy: I am looking taper in and buy MANA at each support level mentioned above. *not financial advice
DecentraLand Downward Flag? Bullish, Bearish?Once again guys, just a beginner, but based on what I am seeing, this incredible bull run by (MANA) could be either confirmed or reverse if this Downward Flag does in fact play out and then whichever trend (I am bullish based on my analysis), is shown coming out of the flag, if it can be confirmed then this could be a great investment in the coming months. I have an industry that is in it's infancy in the crypto space, but the industry and customers have been ready for it, and needed it long before Bitcoin even existed. I potential for these digital currencies to fundamentally change the way we think about the way so many things in our world currently work in an unbelievable way. My crypto of focus in this publication should give you a lil hint as to what industry it is, I am talking about (cough, cough gaming), oh excuse me, apologize. Well as always, if there are any successful traders out there who haven't let the money make them think they are something more than they are, or let them think that they are superior to any other human being on this earth, and they are still about "remembering where they came from," and still thinking about how much it would have helped them starting out to have an experienced trader to bounce a few strategy questions off of every once in awhile.....but, anyone who takes the time to give me their feedback to help me understand this mountain of information, I would greatly appreciate any knowledge and wisdom that could be the difference in generational wealth, and would you like fries with that? Thanks guys! Good luck!