The key is whether it can rise after receiving support at 0.2349
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(MANAUSDT 1D chart)
It receives support near 0.2349
1st: 0.2636
2nd: 0.3136
The key is whether it can rise to the 1st and 2nd above.
An important volume profile section is formed in the 0.1066-0.1547 section.
Therefore, from a mid- to long-term perspective, the 0.1066-0.1547 range can be considered the last buying range.
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In order to continue the upward trend, the price must be maintained above the M-Signal indicator of the 1M chart.
Therefore, a way to increase the number of coins (tokens) corresponding to profits with peace of mind is needed.
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MANA coins are used for Collectibles & NFTs, Gaming, Play To Earn, and Payments.
In addition, it belongs to the Ethereum Ecosystem, Solana Ecosystem, Polygon Ecosystem, Gnosis Chain Ecosystem, and Fusion Network Ecosystem.
Therefore, it seems that it can be used in various ways.
I don't think the future outlook is that bad, but since it is currently being used for Gaming, I don't think there is much merit in terms of price.
This is because it is not easy for the Gaming business to continue to develop.
I think the business needs to expand a bit more.
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(30m chart)
- HA-High indicator rises above,
- Trend Cloud indicator is rising,
- Rising near the M-Signal indicator on the 1D chart,
- StochRSI indicator enters the overbought zone,
Under the above conditions, there is a possibility that support will be confirmed near the HA-High indicator again.
Accordingly, the key is whether it will be supported near 0.2349, which is the M-Signal indicator point on the 1D chart.
It cannot be ruled out that it will rise to around 0.2636, but it is judged that there is not enough trading volume for that to happen.
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Thank you for reading to the end.
I hope you have a successful trade.
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- This is an explanation of the big picture.
I used TradingView's INDEX chart to check the entire range of BTC.
I rewrote the previous chart to update it by touching the Fibonacci ratio range of 1.902 (101875.70) ~ 2 (106275.10).
(Previous BTCUSD 12M chart)
Looking at the big picture, it seems to have been following a pattern since 2015 and has been rising.
In other words, it is a pattern that maintains a 3-year uptrend and faces a 1-year downtrend.
Accordingly, the uptrend is expected to continue until 2025.
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(Current BTCUSD 12M chart)
Based on the currently written Fibonacci ratio, it shows up to 3.618 (178910.15).
Fibonacci ratio 0.618 (44234.54) is not expected to fall again.
(BTCUSDT 12M chart)
I think it is around 42283.58 when looking at the BTCUSDT chart.
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I will explain it again with the BTCUSD chart.
The Fibonacci ratio ranges marked in the light green boxes, 1.902 (101875.70) ~ 2 (106275.10) and 3 (151166.97) ~ 3.14 (157451.83), are expected to be important support and resistance ranges.
In other words, it seems likely to act as a volume profile range.
Therefore, in order to break through this section upward, I think the point to watch is whether it can rise with support near the Fibonacci ratios of 1.618 (89126.41) and 2.618 (134018.28).
Therefore, the maximum rising section in 2025 is expected to be the 3 (151166.97) ~ 3.14 (157451.83) section.
To do that, we need to look at whether it can rise with support near 2.618 (134018.28).
If it falls after the bull market in 2025, we don't know how far it will fall, but considering the previous decline, we expect it to fall by about -60% to -70%.
So, if the decline starts near the Fibonacci ratio 3.14 (157451.83), it seems likely that it will fall to around Fibonacci 0.618 (44234.54).
I will explain more details when the downtrend starts.
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Manausd
MANAUSDT Huge Bounce Incoming?MANA is currently testing a long-term descending support trendline on the weekly chart. This level has acted as a reliable bounce zone multiple times in the past (highlighted with arrows).
-Price is holding above a major support level (~$0.21), showing signs of demand.
-Weekly RSI is forming a bullish divergence, with higher lows on RSI vs. lower lows on price — often a precursor to trend reversals.
-Previous touches on this trendline have led to significant rallies.
Decentraland: Summer FlashbackWith the recent sell-off, Decentraland's MANA reached its lowest level since early August of last year. The selling pressure should now intensify further to push the price down to the anticipated new bear market low of the green corrective wave . From there, the next magenta five-wave upward sequence is expected to begin and finally break through both resistance levels at $0.59 and $0.85 during wave . However, according to our 33% probable alternative scenario, the price could reverse upward now and directly start the impulse wave alt. . In this case, the precursor wave alt. of the same color would conclude at the current price level.
MANA Roadmap (1W)From the point where we placed the red arrow on the chart, it seems that the correction of MANA has begun.
It appears to be forming an ABC pattern, where wave B is a diametric.
Currently, we seem to be at the end of wave f of B.
The price is expected to drop to the green zone, where wave C will be completed.
After wave C is completed, we anticipate a strong upward move in price.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Decentraland: Corrective TerritoryDecentraland’s MANA remains stuck in corrective territory and should drift slightly lower in the short term, aiming for a new bear market low in the green correction wave . From that level, the next five-part magenta impulse should take over, pushing the price back above both the $0.59 and $0.85 resistance levels in wave . However, there is a 33% chance that MANA will progress faster than primarily assumed: the magenta impulse wave alt. could start directly, driving the price above the two green resistance levels at $0.59 and $0.85. In this alternative scenario, the green wave alt. would be already finished.
Important Update on MANA (3D)First and foremost, pay attention to the timeframe. It is a 3-day timeframe and requires patience.
By analyzing the waves of MANA and considering that it has been oscillating within a range for an extended period, it can be inferred that MANA is forming a diametric or symmetrical pattern within wave B.
It appears that wave E of this diametric has concluded, and the price is currently in wave F.
The green zone is a low-risk area for buying, as wave G could start from this range.
Wave G is a bullish wave.
A daily candle closing below the invalidation level would invalidate this analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
#MANA Correction is Almost Concluded | Will we see a Reversal?Yello Paradisers! Are you keeping an eye on #MANAUSDT or not? If not, you might want to start now because #Decentraland is showing some textbook Elliott Wave patterns that could signal either a massive breakout or a steep drop:
💎#MANA has completed a classic 5-wave Elliott structure, peaking at Wave 5 near the $0.90 area. This was followed by an ABC corrective wave, pulling #MANA back down into the descending channel. Right now, #MANA is hovering around $0.3229, consolidating just above the strong support at $0.2531.
💎For bulls to regain control, #MANAUSD must break above the descending resistance, currently near $0.5197. A clean breakout here would likely trigger an impulsive rally, pushing towards the major resistance zone between $0.80 - $0.90—the same level as the previous Wave 5 high. But don’t get ahead of yourself. Without this breakout, the bulls remain on shaky ground.
💎On the downside, if #MANA closes below the $0.2531 support, the next critical level is the broader support zone at $0.1691. A close below this would invalidate the bullish setup and open the door for further downside, potentially dragging #MANA towards $0.10 or lower. The SH (swing low) highlighted on the chart would be the next key area to watch if the bearish scenario plays out.
Stay focused, patient, and disciplined, Paradisers🥂
MyCryptoParadise
iFeel the success🌴
Decentraland: WeakSince the low of the blue wave (ii), Decentraland’s MANA has been dragging itself through a sideways consolidation just above the support at $0.41. Soon, however, new buying pressure should arise and push the price well above the resistance at $0.85 during the current impulsive wave (iii) in blue. If MANA instead drops below the support at $0.41, the magenta correction wave alt. will reach a new low, and the blue upward five-wave movement will only start thereafter (35% likely).
#MANA/USDT Ready to go higher#MANA
The price is moving in a descending channel on the 1-hour frame and sticking to it well
We have a bounce from the lower limit of the descending channel, this support is at 0.5516
We have a downtrend on the RSI indicator that is about to be broken, which supports the rise
We have a trend to stabilize above the 100 moving average
Entry price 0.5593
First target 0.5732
Second target 0.5862
Third target 0.6016
#MANA/USDT#MANA
The price is moving in a descending channel on the 1-hour frame and is expected to continue upwards
We have a trend to stabilize above the moving average 100 again
We have a descending trend on the RSI indicator that supports the rise by breaking it upwards
We have a support area at the lower limit of the channel at a price of 0.5240
Entry price 0.5317
First target 0.5434
Second target 0.5570
Third target 0.5732
ManaMana usdt Daily analysis
Time frame daily
Risk rewards ratio =2 👈👌
Target 1.1$
mana is one of the gaming tokens that offers earning potential . explore the potential of gaming tokens, offering lucrative opportunity in play to earn and virtual economies
Technical: mana had a good growth to ex high price but couldn't reach to new high in this year. Price fell down to save energy and now is the best time to pump and break strong resistance boxes ( red boxes in fhe chart) and reach my target on 1.1$
But if it can't break the resistance, don't worry. New year holidays will help to gaming tokens like mana and sand and etc.
MANAUSD a 1-year parabolic rally is starting. DON'T MISS IT!Decentraland (MANAUSD) almost touched its 1W MA200 (orange trend-line) last week, following the bullish break-out above the Bear Cycle's Lower Highs trend-line 3 weeks ago. This is the last confirmation it needs before it validates the Cycle's parabolic rally as the 1W MA200 was were the price was rejected on March 04 2024.
This sequence resembles the bullish break-out pattern of August 03 2020 that also turned the 1W MA50 (blue trend-line) into Support and after a consolidation, by late December 2020 it initiated the parabolic rally.
This rally rose by +3390% before the first correction back to the 1W MA50, so if MANA continues to repeat that previous Cycle, it can rise as high as $18 before it corrects. The 1W RSI sequences between the two fractals also highlight their striking resemblance, as both are rising on Higher Highs on a Bullish Divergence against the price's Lower Highs.
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MANAUSDT Set for Channel Breakout!MANAUSDt Technical analysis update
BINANCE:MANAUSDT price has formed a descending channel on the weekly chart, which has been developing over the past 930 days. The price is now approaching the channel's resistance line, with rising volume observed in recent weeks. Additionally, the price is trading above the 100 EMA. Once the breakout is confirmed on the weekly chart, a strong bullish move can be anticipated.
#MANA/USDT#MANA
We have a bearish channel on a 4-hour frame, the price moves within it and adheres to its borders well at this price.
We have a higher stability moving average of 100
We have a downtrend on the RSI that is about to break higher
Entry price is 0.5858
The first target is 0.6526
The second goal is 0.7243
the third goal is 0.8046
#MANA (SPOT) entry range( 0.2510- 0.3110) T.(0.5990) SL(0.2388)BINANCE:MANAUSDT
entry range ( 0.2510- 0.3110)
Target1 (0.3819) - Target2 (0.4660)- Target3 (0.5990)
1 Extra Targets(optional) in chart, if you like to continue in the trade with making stoploss very high.
SL .1D close below (0.2388)
*** collect the coin slowly in the entry range ***
*** No FOMO - No Rush , it is a long journey ***
**** #Manta ,#OMNI, #DYM, #AI, #IO, #XAI , #ACE #NFP #RAD #WLD #ORDI #BLUR #SUI #Voxel #AEVO #VITE #APE #RDNT #FLUX #NMR #VANRY #TRB #HBAR #DGB #XEC #ERN #ALT #IO #ACA #HIVE #ASTR #ARDR #PIXEL #LTO #AERGO #SCRT #ATA #HOOK #FLOW #KSM #HFT #MINA #DATA #SC #JOE #RDNT #IQ #CFX #BICO #CTSI #KMD #FXS #DEGO #FORTH # AST #PORTAL #CYBER #CLV #RIF ENJ #ZIL #APT #MAV #ZRX #ID #AXS #MANA ****
MANA is gearing up for a major breakthrough!I'm a big fan of meta universes and couldn't just not make a plan for MANA, the leading project in this area!
We are technically above 50 EMA and preparing for a breakout from the parallel channel. The project has a capitalization of almost 1 billion and I would expect a hike to the $3 per coin area and reach a capitalization of 6 billion, which corresponds to the 0.5 fibonacci level.
This is a huge prospect considering that the next coronavirus analog as well as potential VR development will attract new investors to the project and send it into the space!
Horban Brothers.
#MANA/USDT#MANA
The price is moving in a descending channel on the 1-hour frame and is sticking to it well
We have a bounce from the lower limit of the descending channel and we are now touching this support at 0.2980
We have a downtrend on the RSI indicator that is about to be broken, which supports the rise
We have a trend to stabilize above the 100 moving average
Entry price 0.2988
First target 0.3045
Second target 0.3121
Third target 0.3200
The medium term of MANA is super bearishMedium term MANA is super bearish
According to the waves that formed in these last two months, the scenario of MANA has become clearer.
It looks like we have a big ABC, and wave B is a triangle.
The last triangle wave of wave B could end in the red range and then we could see another bearish trend for MANA in the medium term.
This is the vision we now have for MANA.
Closing a weekly candle above the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You