MANA has a couple obstaclesHere we see price resting on the gann as support (hopefully) and once it continues it's rise we need to break the yellow line (long term trend from all time high) in order to continue to the top of the channel (green line) hopefully we see it materialize sometime soon. If we break the green line we might see a rise to all time highs or at least hit the gann line above it.
Manausd
MANA - Trend Following Buy Setup!Hello everyone, if you like the idea, do not forget to support with a like and follow.
MANA is overall bullish trading inside the blue channel and now approaching the lower bound / blue trendline so we will be looking for trend-following buy setups on lower timeframes.
on M30: MANA is forming a trendline (in red) but it is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple)
Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone)
Meanwhile, until the buy is activated, MANA would be overall bearish can still trade lower.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
What will MANA do this weekend?In this video we take a look at where MANA will find support as it is falling from the top of the trend channel at $4.36.
Previously in my last video where I did a complete breakdown of MANA's current trend and breakout. We identified a clear doji star on Nov 11th, h&s breakout pattern, and retest of the neckline at the $3.50 level.
My prediction: I believe MANA will catch support at either the neckline level just above $3.50 OR continue falling to the bottom of the channel between $3 - $3.30.
Like, subscribe, and comment your thoughts! Thank you so much for watching.
Cheers!
Confluence is everythingThe greater number of indicators lining up, the more a theory is supported. Given the lack of a crystal ball, it is easier to have an idea of where a trend change will occur (meta)versus when. For fun, not financial advice, I made a guess with a red question mark. In other posts, I've noted that although highly volatile, MANA has been behaving with relative predictability. It maps out the resistance on the way up for us to trade them as support on the way back down.
My non-financial advice is looking at a number of indicators around the $1.57-$1.62 range for our next meaningful leg up. I like to have at least 2 strong confluent indicators and another weaker one before making a trade. The Macro fib .5, the Micro fib .618 (going up from $3.15 on Nov. 17), the shoulder of our textbook inverse H&S all line up with our lower trend line's approach to this area...that's 4 big ones. We've hit this trend line twice. Most major moves happen just above the 3rd touch, not quite making it all the way down because people start buying early as to not miss out. The volume oscillator is also about to touch the bottom for a reversal. Lastly, if you take the $5 high and then subtract the $2.20 low, divide that number by 2 and then add it to $2.20, you get $3.60...just messing with you, that's how the .5 Fib is calculated. If I had a crystal ball, I would put our next major move up on the 21st at about $3.60. My rationale for the timing is a stretch...but if you start on Nov. 3 when it took a small deuce, it dumped every 6 days, touching/creating the lower trend line, marked with red 'X.' The red '?' is where the crystal ball adds time as a function...but yeah, don't trust crystal balls, bad stuff happens when they crack. Regardless of where and when, find comfort in that MANA is clearly in an upward channel, breaking away from BTC and the overall greater crypto trend, and investing now puts you at the lower end of this token's potential value. I'm not going to predict $50 or even $25 dollars because that would need extreme market cap. and public sentiment can crush a commodity in a couple of days for no good reason. That being said, currently, sentiment is great, and barring a collapse there is no reason MANA couldn't reach $5, $9, or even $15 before the end of this bull run.
That's all I have. These are just my ideas and not financial advice. Do your own research and don't listen to knuckleheads on the internet. It's been a fun and lucrative couple of weeks. Thanks for all the likes and follows...but what I would really like is some feedback besides "lambo and moon." Tell me what I'm missing. Tell me a joke? Tell me, "You da mana?" Good luck, spend time with your family, and trade responsibly.
Decentraland Analyze 🎮hi, today I am analyzing one of the popular projects that it is working on Metaverse . its name is Decentraland (MANA).
Decentraland Analyze ( MANAUSDT ) Timeframe 4h⏰ (Log Scale)
I have two strategies for MANA ( Bullish 🐮 and Bearish 🐻).
Bullish 🐮 Strategy: if MANA can break the resistance zone ( 4.1$_4.36$ ), Then I can say that the Bullish Flag is working and MANA will touch Bullish Flag's Target ( around 6$ ).
Bearish 🐻 Strategy: after MANA escaped from the falling wedge, it is on behind the resistance gate now and at the same time price made Bearish AB=CD Harmonic Pattern around the Current price. in addition, MANA is at my TRZ (Time Reversal Zone).
Trigger 🎯: we can see that Master Candle has been made in my TRZ , we have to concentrate on the next three 4h candles. This master candle can work for both strategies.
My Suggestion : if you want to have MANA on your portfolio, you can concentrate on the master candle. if price can break it from up, you can collect your MANA. if price breaks master candle from down, if you have MANA you can empty your portfolio from it.
Support Zone : 2.48$ unit 2.33$
Do not forget to put Stop loss for your positions (For every position that you want to open).
Please follow your strategy , this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅ 'like' ✅ button 🙏😊 & Share it with your friends, Thanks, and Trade safe
Mana 70% trade incoming. Get ready!Mana went up 30% since my previous post and is now retesting the fib golden pocket at $3.965. This level can play a very strong support for mana if we stay above the 20 EMA on 4 hr.
All percentages are measured from the time i am making this post
Price targets for mana at fib 100 level sit at 25 % profit and level 161 at 70% profit. The fib 161 level also corresponds with the up trending line of resistance.
Looking for a better entry position in case it retraces back to the 50 EMA on the 4 hr chart.
Mana is looking very strong and can easily go towards the 161 fib level as the stochastic RSI is in the over sold territory meaning indicating the strength.
Thanks for reading and stay tuned. Enjoy.
$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
Review and path forwardTo know where we could be heading, you have to know where you've been. BLUE was from where I left you last night. Yellow is what happened. Purple is where we are. Pink dots and dashes are ideas of our path forward.
It's never a good idea to make huge decisions based on the 1 minute time frame. That being said, there was a slight indication of the upside-down cup's rim being at 4.08. The more obvious, and far stronger, was at 3.75 area. This may still be in play, and we won't know until the price goes back to the 4.30's. In the shorter term, the upside-down cup did actually form with the rim at 4.08 and played out perfectly. What didn't happen was what some people thought, and never happens, "to the moon at 2.20." I marked where we left off last night with a vertical yellow line.
Purple is where we are at. We are lucky in that the structure is here and it is simple. Thin purple lines are just thoughts for very small trades for the experienced. These trades are probably not worth your time based on risk, imo, if you are trading less than $25k. If you are experienced and have nothing better to do with less capital, go for it. Pink dashes and dots are just a motif of the future flow, not exact for those of you who are new. the bars are not going to coincide exactly because I don't have divine control of the function of time. RSI is still overbought, by definition, but still plenty of room for a little run if you missed profits yesterday. If you are new and not actively trading, sit tight, be patient because I don't think MANA is going away. Just my ideas, not financial advice. Let me know other possibilities that I may be missing. Don't forget your SL's. Good luck.
MANA surpass ATH this weekend or not?In the past 24 hours, we saw a strong run for MANA with a huge accumulation from big investors/whale/traders. It is fascinating that MANA has been tested several times after it surpass $4.9 from its last time run (Oct 30th, 2021). The invisible hand tried to smash it down as I saw and I did think MANA would lose and bearish short time, however, it did not happen like that. MANA has tested at the $2.2 range then surpass that resistance to pass the next $3.3 resistance range to finally revisit its ATH resistance. The question is would MANA can keep up the momentum this weekend? Remember the last run when MANA started its run was on Friday, Oct 29th, 2021? MANA at that point was struggling around $1.3 to see the Saturday, Oct 30th, 2021 MANA run straight to $4.9. Would history happen again?
The current market cap of MANA is $7 Billion, the next upper of MANA is Internet Computer and Axie Infinity. In my opinion, MANA is much bigger than Axie Infinity in terms of the world, community, decentralization, and Dev team. We have to ask ourselves for real, what has happened with the crypto world since the beginning of the BTC run? If BTC is the gold in the crypto world, ETH is the foundation platform then MANA is the actual interactive space for the community. It is not a matter of game or trading or not, but it has the true value that puts the ETH/GAS/LAND/MANA into 1 ecosystem that even Facebook is aiming at.
Let's look at the leaderboard now besides BTC, we got LTC, XRP, DOGE, SHIB, BNB, BUSD, and BCH are competing with BTC to act as the GOLD/SILVER standard in the crypto world. Besides ETH, we got SOL and ADA are mainly the platforms fighting each other. For Defi, we got LINK, WBTC, LUNA, and AVAX. In the Metaverse, we only got MANA, AXS, and SAND are very strong competing with each other. So among the crypto world, we have seen major a lot of coins are fighting around the Coin/currency realm, then a bit of platform, then Defi, and some metaverse. But in reality, the one actually brings the chance to have a real capital market besides trading should be the Metaverse with the actual interaction of the community happened. More capital can make out of this Metaverse as it is the place for the content creators to thrive, the place for people to come and interact, the place for the need satisfied by the supply. Short, Metaverse should be the top 3 biggest market cap in near future.
In my opinion, this weekend would be important as we will see if MANA can surpass its ATH or not. This will reflect how confident the MANA holders are with the token. In the long term, I have high confidence this Metaverse is going to be top 2-3 of the crypto world; The MANA should be up there in the top 10 as when institutions started to invest in Decentraland, the MANA market cap should be above $40 Bil.
There will be 3 events in Decentraland this weekend and enjoy it ok?
The Hourglass Presents – Saint Samuel – Live Music
When: Friday, November 19 at 12:30AM
Where: -70, 79
Defector Dan, Collie Pixels, AstroMojis, and Petaverse
When: Saturday, November 20 at 1AM UTC
Where: 31, 90
MIL-SPEC NFTs Pre Launch Bar Crawl POAP
When: Sunday, November 21 at 3AM UTC
Where: 0,0
This is not financial advice, you should take responsibility for your investment! Don't trust anyone's words and do your own research before investing!
MANA! Reached TPMana! Once again %%% some great %%$$$.
Feel free to take some profits. I cashed out some out 4$.
I moving it to SHIB. I just posted. Don’t miss out.
Compound GAINS!
If YOU NOT a hater and support others like this post! It does MAKES A DIFFERENCE
This one Falls In our research on swing set ups with a good ratio of Risk and Reward.
As always we put quality over quantity, don’t forget to follow us for SWING trades research on risk and Reward Ratio.
Subscribe and don’t miss OUT the next research.
Swing trading is great because you can create a lot wealth in % by risking less $$. Compound Gains.
Thank you for the Love, I really appreciate those likes, makes a difference and pushes me to keep on posting more of these!
MY NOT SO MINIMALIST ANALYSIS OF DECENTRALAND$MANA
FOLLOW THROUGH OF MY PREVIOUS ANALYSIS
MARKET LOOKS HEALTHY, STAMINA TO FINISH SWING STILL STRONG (at time of writing)
11.14. 21
0830H +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.
ALERT:
WE JUST RIDE TO THE TOP TARGETS - EXIT/MAXIMIZED AREA OF VALUE
It will correct based on STOCKS and RSI at 0.382 Level.
On mark with our TOPS and BOTTOMS of our BOXES. FIB LEVELS working well with the Market. Candles BULLISH.
Completion of AB=CD Pattern (Measured Move.)
The Market has amazingly moved along the TOPS and BOTTOMS of our BOXES, signifying TURNING POINTS of PRICE ACTION.
IT WAS A GOOD PARTIAL EXIT (shaved off the bulk of the SWING TRADE) and We are now looking at an ENTRY that we can TOP-UP for our Investment.
Congratulating all those who have climbed the SWING together with me.
You can review past analysis on linked charts below.
REMINDER:
INDICATED ARE ENTRIES, PARTIAL EXITS/TOP-UPS, EXITS, and MAXIMIZED AREAS OF VALUE
"FOLLOW THE WHITE RABBIT!"
Just Follow the TOPS and BOTTOMS of the BOXES as a GUIDE where the MARKET will take you.
HOW TO USE THIS MINIMALIST CHART
Created on a MONTHLY, WEEKLY & DAILY Analysis (The Dynamics of the Market.)
It is designed for SWING TRADES at the BOTTOM. I do not SHORT, though, you can still use it.
You can CLICK AND hold THE CHART and PAN or DRAG IT.
TARGET ZONE IDENTIFICATION
The LARGE BOXES (Tops and Bottoms) are MAJOR pivot points that will occur sometime in the future. While the SMALL BOXES (Tops and Bottoms) are MINOR pivot points.
These can be entries to a BUY/ SELL POSITION, EXIT/PARTIAL EXIT/TOP-UP AREAS,
and, if you wish to hold longer for a MAXIMUM TARGET EXIT AREA OF VALUE - CONSERVATIVE (If price action conditions are right at that given moment.)
At times I include WAY BEYOND PARABOLIC Price TARGETS depending on The Character of the Market (CRYPTOS ONLY).
Watch out for your Volume, Chart Patterns, Candlestick Math, FIB COILS ( ABC ), Price Action, FIB LEVELS, Market Dynamics, especially institutional and retailer trading psychology.
Wishing you all The Best Trades and Thank you all for your Appreciation and Support of My Work.
Much thanks to My 3 Mentors. They are so much of a Blessing that I also wish to Share.
Vive Le Autist!
Vive Le Egalitarianism!
Hopeful...but it makes senseIs MANA going to hit ATH soon? Of course. I sold when it looked like we weren't reaching the $4.38 fib target without a pullback first. Excuse the art, I was never good at finger painting. Ever think, "it'll never drop that far, we've come so far," and then it does, because it needs to in order to keep a healthy eco-system? We see cup and handles all the time. Upside down cups are rarer, but if you look at the 5min (which isn't best practice), it is as clear as day should this pattern play out to $3.75. Although a .50+ drop seems bearish, it is actually a total bullish move because the rebound is fast and furious. We were in this range just yesterday, and it's crypto so don't fool yourself into thinking it can't happen. $2.90 is still in the cards too. SO, thanks for all the "likes" on my ideas, but what I could use more than "likes" is feedback. I've been at this a while, but know that thoughtful insight and counter ideas are always helpful and welcome. Also, never make decisions based on one indicator. There is the .382 sitting in that range, the MACD and the RSI still have a little room but show weakness and RSI is in the overbought zone on the Daily. Good luck, and thanks for any feedback...because this is not financial advice, just an idea that I have no good reason to doubt, but doubt a little anyway. Massive accumulation if this one plays out.
MY MINIMALIST ANALYSIS FOR DECENTRALAND$MANA
ADJUSTED TARGET AREA OF VALUE ON THE CHART
11.10.21
1313H +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.
ALERT:
LOOKING FOR THE NEXT BEST ENTRY
The Market has amazingly moved along the TOPS and BOTTOMS of our BOXES, signifying TURNING POINTS of PRICE ACTION.
THOSE WHO FOLLOWED THE ENTRY of SWING 2, WE ARE ON OUR WAY TO THE NEXT EXIT!
Congratulating all those who have climbed the SWING together with me.
The BULL SEASON for CRYPTOS is dictated by the BULLISH STRENGTH OF Primarily BITCOIN and then ETHEREUM. We still have more room for the UPSIDE.
Happy Trading!
REMINDER:
INDICATED ARE ENTRIES, PARTIAL EXITS/TOP-UPS, EXITS, and MAXIMIZED AREAS OF VALUE
"FOLLOW THE WHITE RABBIT!"
Just Follow the TOPS and BOTTOMS of the BOXES as a GUIDE where the MARKET will take you.
HOW TO USE THIS MINIMALIST CHART
Created on a MONTHLY, WEEKLY & DAILY Analysis (The Dynamics of the Market.)
It is designed for SWING TRADES at the BOTTOM. I do not SHORT, though, you can still use it.
You can CLICK AND hold THE CHART and PAN or DRAG IT.
TARGET ZONE IDENTIFICATION
The LARGE BOXES (Tops and Bottoms) are MAJOR pivot points that will occur sometime in the future. While the SMALL BOXES (Tops and Bottoms) are MINOR pivot points.
These can be entries to a BUY/ SELL POSITION, EXIT/PARTIAL EXIT/TOP-UP AREAS,
and, if you wish to hold longer for a MAXIMUM TARGET EXIT AREA OF VALUE - CONSERVATIVE (If price action conditions are right at that given moment.)
At times I include WAY BEYOND PARABOLIC Price TARGETS depending on The Character of the Market (CRYPTOS ONLY).
Watch out for your Volume, Chart Patterns, Candlestick Math, FIB COILS ( ABC ), Price Action, FIB LEVELS, Market Dynamics, especially institutional and retailer trading psychology.
Wishing you all The Best Trades and Thank you all for your Appreciation and Support of My Work.
Much thanks to My 3 Mentors. They are so much of a Blessing that I also wish to Share.
Vive Le Autist!
Vive Le Egalitarianism!
MANA might have a new ATH (cnt)As we are watching and seeing MANA merely surpass the recent peak. I do think this weekend, MANA would be able to thrive above $4.5 . The SANDBOX project just got pumped recently and MANA needs to get itself together to compete with other Metaverse outthere. MANA Holders, it is your time to drive this boat forward! This is not financial advice, and please be responsible for your investment!
MANAUSDT , Again we failed to break the resistanceHello guys
Did you be in profit these days ?
According to the last analysis we published , the price was moved to the resistance to break but its not pass and the correction was started and now at this time we are again attack to the resistance to break the resistance and because of the condition of the market and many others reason it cant pass the resistance and we have some correction and again ...
The kind of movement that we shown on chart can be happen for the price but be careful guys dont take SELL POSITION
The trend is upward and we are only ready to buy
If the price can break the resistance the new PRZ price is on our way
MANA is one the powerful project that works in game base
Previous analysis :
Dont trade with your emotional sense
Good Luck
Abtin