MANA Decentraland: 1D Chart ReviewHello friends, today you can review the technical analysis idea on a 1D linear scale chart for Decentraland (MANAUSD).
The chart is self-explanatory. Please review the chart for all my notes.
Included in the chart: Trend line, Support and Resistance Lines, RSI, MFI, Resistance Zone, Ichimoku Cloud, Volume, Simple Moving Average.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
I have a bunch of additional recent charts below on cryptocurrencies to review. Check them out!
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
Manausd
Almost done with the right shoulder completion. MANA imminent. As I’ve stated across the board, MANA, like the rest, is currently perfectly drawing us a Head and Shoulders that spans quite some time. We are nearly to the last burst upward to 2.8-3.0 before the waterfall. Set stop losses. Do your due diligence. This is not financial advice.
MANA, false breakout as a good selling opportunity!A key level can be identified on the MANA chart. The price broke through this level, but immediately closed below this level. This is a false breakout. You can also note the large volume at the top. This is a negative signal. Therefore, a false breakout can be a good opportunity to open a sell position.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
MANA/USDT correction could be over if......Hey guys.
If and only if Decentraland could maintain above red line, the correction would be over and there would be a good longing opportunity on pullback to the red line. So, let's pay a good attention to MANA/USDT and wait for a close above 0.786 Fibonacci level to call the correction over.
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MANA 15 min charting patterns. Quick time frames.Trying to bring the fractal patterns all the way down to the lowest point. It is amazing the percentage of major transactions to minor transactions and these fluctuations. This is the adoptive strength governments are concerned about. I say We might be moving to a world where countries are defined by the price tag
and the service. It's 2022. Why squabble over land and religion. there is plenty.
MANA, FUTURE, DAILY TRADE, SHORT, SIGNAL$MANA has been on our watchlist since the selloff and still pushing against headwinds. Looks like after so many attempts to break above resistance its now more likely to break down from the trendline and an easy set up for a #short #MANA #Decentraland #NOTADVICE #daytrading
MY MINIMALIST CHART ANALYSIS FOR DECENTRALAND01 .21.22
1224H +8 SINGAPORE
Disclaimer:
The findings of the following analysis are the sole opinions of the publisher of this idea and should not be taken as a piece of investment advice.
This will be a good season for ENTRIES. The market has found strong support at a very bargain price for cryptos.
We will be focusing on BITCOIN and ETHEREUM as our TOP CRYPTOS. As for ALTS, ADA, POLKADOT, MANA, SAND, CURVE, MATIC, and a few others.
Basically, the outcome of BITCOIN, the ALTS tends to follow. So I am limiting my published ideas to a few, quality over quantity.
ALERT:
Looking now for an ENTRY to a short to midterm LONG SWING trade.
It did hit our forecasted bearish FIB 0.618 and our measured move. On our way to a reversal of trend anytime.
Based on VITAL SIGNS ( RSI, STOCH, VOL., MA VOL.) Looks healthy:
1. RSI still midway down
2. STOCHS towards LOW
3. Volume still needs a spike of SUPPLY for BUYERS to TAKE, but I am afraid a lot of HODL at this point.
4. Looking at support at 2.5 zone
5. We can then expect a strong support at the 2-2.5, right at the bottom of the MAJOR BLUE BOX, MINOR YELLOW BOX and the ENTRY AREA OF VALUE MARKER.
Hoping that the market does not break any MAJOR or MINOR BOTTOM of our BOXES. Again, if it does, it will be a BUYERS MARKET and good for us all RETAILERS.
Looking back months ago when the MINIMALIST BOX ANALYSIS was made.
The Market had amazingly moved along the TOPS and BOTTOMS of our BOXES, signifying TURNING POINTS of PRICE ACTION, and verified by major FIB levels.
Hoping that this MINIMALIST BOX CHART ANALYSIS will efficiently help you with your DYOR as we climb a NEW SWING CYCLE.
INSTRUCTIONS:
HOW TO USE THIS MINIMALIST CHART a.k.a (Bento Box)
"FOLLOW THE WHITE RABBIT!"
Just Follow the TOPS and BOTTOMS of the BOXES as a GUIDE where the MARKET will take you.
PUBLISHED IDEA is created on a MONTHLY, WEEKLY & DAILY Analysis of a MARKET'S CHARACTER.
It is designed for SWING TRADES at the LOWEST or START of a SWING CYCLE.
Q/A : What are the BOXES for? It is a ROAD MAP for TARGET ZONES IDENTIFICATION.
The LARGE BOXES (Tops and Bottoms) are MAJOR turning points that will occur sometime in the future. While the SMALL BOXES (Tops and Bottoms) are MINOR turning points.
These can be entries to a BUY/ SELL POSITION, EXIT/PARTIAL EXIT/TOP-UP AREAS, as well as Support and resistance levels
Also includes MAXIMUM TARGET EXIT AREA OF VALUE - CONSERVATIVE (If price action conditions are right at that given moment.)
If it cannot break a TOP or BOTTOM of a BOX, It signifies a reversal.
At times I will include a WAY BEYOND PARABOLIC PRICE TARGET, depending on The Character of the Market (CRYPTOS ONLY).
DYOR for your Volume , Chart Patterns, Candlestick Math, FIB COILS, Price Action, FIB LEVELS, Market Dynamics, especially institutional and retailer trading psychology .
Stay away from FOMO and FUD.
NOTE: That PRICE TARGETS for ENTRY and EXITS are DYNAMIC and can CHANGE from time to time.
My Published Ideas are not 100% Accurate. There are many factors at a given time that can change the forecast.
It is all based if the right conditions are met. Generally, it will follow the MINIMALIST BOXES.
Wishing you all The Best Trades and Thank you all for your Appreciation and Support of my work.
Much thanks to my 3 great mentors. They are so much of a blessing that I also wish to share my knowledge of what I was taught.
Vive Le Autist!
Vive Le Diamond Hands!
MANA - Weekly Outlook ✅Let's see how MANA is behaving.
This is a Weekly chart.
The Fib retracement shows that the price dumped on the support level. If the price falls, even more, the support level might be around the $1.9-$2.4 area.
The market is showing SELL volumes for MANA.
Two resistance levels push down on value, and one support level holds the price high and shows strength. The higher band can work as resistance.
The Upper Bollinger Band can push down the value, and the Middle band pushes the price up.
If the price crosses the local resistance and stays above it for confirmation, we can open our long positions, aim for the next resistance, and use it as a TP point.
The RSI shows that MANA is above the 50 levels, the center.
If you want to know how the RSI indicator works, take a look at this Educational Idea. It'll help you have better readings:
Current Market Price: $2.4437
Let me know your ideas.
Good luck.
MANA, why do big players sell at every pump?MANA is moving in a downtrend. A trend line can be identified on the chart. The price has broken through this resistance several times, but each breakout has been a false breakout. It is also worth noting that with each rise there was a volume at the top. This is a bad signal, a signal that the big players are locking in their positions at every good opportunity.
There are no big volumes to buy at the moment. The price may correct even lower. In case of a false breakdown of the key level and the appearance of volume, there could be a good buying opportunity.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
MANA - Daily Chart ✅Let's see how MANA is behaving.
This is a 1H chart. (Valid for 24 hours)
The Fib retracement shows that the price has passed a resistance level, and now it's turned into support. Now it's retesting another resistance level.
The market is showing massive SELL volumes for MANA.
Two resistance levels push down on value, and one support level holds the price high and shows strength. The higher band can work as resistance.
The Upper Bollinger Band can push down the value, and the Middle band pushes the price up.
If the price crosses the local resistance and stays above it for confirmation, we can open our long positions, aim for the next resistance, and use it as a TP point.
The RSI shows that MANA is above the 50 levels, the center.
If you want to know how the RSI indicator works, take a look at this Educational Idea. It'll help you have better readings:
Current Market Price: $2.8735
Let me know your ideas.
Good luck.
MANA - Daily Chart ✅Let's see how MANA is behaving.
This is a 1H chart. (Valid for 24 hours)
The Fib retracement shows that the price is now rejected by resistance.
The market is showing massive SELL volumes for MANA.
Two resistance levels push down on value, and one support level holds the price high and shows strength. The higher band can work as resistance.
The Middle Bollinger Band can push down the value, and the Lower band pushes the price up.
If the price crosses the local resistance and stays above it for confirmation, we can open our long positions, aim for the next resistance, and use it as a TP point.
The RSI shows that MANA is below the 50 levels, the center.
If you want to know how the RSI indicator works, take a look at this Educational Idea. It'll help you have better readings:
Current Market Price: $
Let me know your ideas.
Good luck.
MANA - Daily Chart ✅Let's see how MANA is behaving.
This is a 1H chart. (Valid for 24 hours)
The Fib retracement shows that the price is consolidating.
The market is showing SELL volumes for MANA.
Two resistance levels push down on value, and two support levels hold the price high and show strength. The higher band can work as resistance.
The Middle Bollinger Band can push down the value, and the Lower band pushes the price up.
If the price crosses the local resistance and stays above it for confirmation, we can open our long positions, aim for the next resistance, and use it as a TP point.
The RSI shows that MANA is below the 50 levels, the center.
If you want to know how the RSI indicator works, take a look at this Educational Idea. It'll help you have better readings:
Current Market Price: $
Let me know your ideas.
Good luck.
MANA - Daily Chart ✅The Fib retracement shows that the price has pumped and now is retesting a resistance level.
The market is showing SELL / NEUTRAL volumes for MANA.
Two resistance levels push down on value, and two support levels hold the price high and show strength. The higher band can work as resistance.
The upper Bollinger Band can push down the value, and the middle band pushes the price up.
If the price crosses the local resistance and stays above it for confirmation, we can open our long positions, aim for the next resistance, and use it as a TP point.
The RSI shows that MANA is above the 50 levels, the center.
If you want to know how the RSI indicator works, take a look at this Educational Idea. It'll help you have better readings:
Current Market Price: $3.0258
Let me know your ideas.
Good luck.