Manausd
#MANA barely gave a close above candle over the resistance zone #MANA barely gave a close above candle over the resistance zone and price is about to test the resistance line too. Well, market looks good and short term bullish as of now, so you can accumulate some #MANA. We may see breakout in couple of days.
By @CryptoAXEN
MANA - Outlook (as you asked) ✅Let's see how MANA is behaving.
This is a 4H chart.
The Fib retracement shows that the price had a dump and got corrected to a new support area. We've been in a downtrend for a long while now.
The market is showing NEUTRAL volumes for MANA. We might see an uptrend breakout after more consolidations.
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 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: $3.0666
Let me know your ideas.
Good luck.
MANA's Expected Movement in Short TermHi every one
DECENTRALAND / TETHERUS
MANA is in a Falling Wedge Pattern. The Price has not Done a Break out yet, But When It happens It is Expected To Do a Great Bullish Movement Up To The Top of The Mentioned Pattern. First Target is In The Middle of The Falling wedge Pattern. After a Little Bit of Correction, The Price Should Ascend Further. The Main Target Is around 4$.
💎Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Thank you for seeing idea .
Have a nice day and Good luck
MANA - Daily Chart ✅Let's see how MANA is behaving.
This is a 1D chart.
The Fib retracement shows that the price had a dump and got corrected to a new support area, and now it's getting support from the local support/resistance area.
The market is showing NEUTRAL / 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: $2.8659
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 had a dump and got corrected to a new support area, and now it's getting support from the local support area.
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: $3.111
Let me know your ideas.
Good luck.
MANA is holding StrongHappy New Year! The MANA is combatting the BTC bleeding as good as Chainlink!
As much as I can say, there are a lot of whales in both Chainlink and MANA. I would not suggest doing trading with these 2 tokens but suggest you hold it for the long term. You will thank me later!
Best to all of Chainlink and Mana holders out there!
MANA up 3823% ? AmazingAs Web-based technologies evolve, the amount of time people spend using them will increase. It is believed that the increase in online time will translate into more money spent on virtual space. The people in power at the top of the pyramid are gradually establishing a hierarchy (social status) in the virtual world and trying to control everything.
One study estimates that the Metaverse will generate a $1 trillion revenue opportunity "across advertising, social commerce, digital events, hardware, and developer/creator monetization.
MANAUSD price is at a turning point (yellow circle). Uncertainty over the movement of MANAUSD is also affected by the recent downturn in the overall cryptocurrency market due to the recent weakness in the prices of mainstream cryptocurrencies BTC and ETH.
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 getting rejected by the local resistance area.
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 up the value, and the lower band can hold the price.
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: $3.2132
Let me know your ideas.
Good luck.
MANAUSDT Respecting Trendline/SupportMANA has been respecting a short term upward trendline perfectly, with a horizontal supply zone directly below.
Long idea is to wait for another touch of the trendline and go long, with stop loss below support and short term target for 2.1 R trade.
This is NOT financial advice, you are responsible for your own trading decisions.
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Let me know what you think below!
MANA successful defense and continuation of the upward trendThe chart of MANA shows a very healthy and gradual increase in price, of course this is also due to the stability of the price of BTC and the lack of major fluctuations, because the large fluctuations of BTC strongly affect MANA (and the rest of the cryptocurrencies, we will see what the next days will show
MANA - we have waited a long time for this ✅MANA has corrected 57% from its high. This is a rather strong correction that has been going on for almost a month now. Now we can expect at least a bounce or at best a reversal and continuation of the rising trend.
On the technical analysis side, the price has tested the big value area and has collected a lot of liquidity. Now we see that the MANA is squeezed between the trend line and the big value area.
When to buy?
- On a breakout or a retest of the trend line.
- In case of a false break-down of the $2.5 level.
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.
Long MANAUSD - Elliott impulsive waves phase 3 BULL-RUNWe are finally in the third impulsive Elliott wave, we had our bottom during the phase 2 correction towards $2.9. There is still time to get in on the MANA !
Entry Price: 3.81
Target Profit: 7.19 (+89.3%)
Stop Loss: 3 (-20.6%)
Risk / Ratio: 4.32
Personal Entry : 3