MANA! TP reachedWe getting some great % gains! Hope you take some!
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Manausd
What will be the next move of MANA after it breaks the pattern ?MANA In 4H time frame appears with a Descending triangle pattern, with it's resistance as above trendline and the support zone
* Descending triangle is considered to be either trend continuation or trend reversal pattern depend on the pattern breakout.
* Price above the resistance is bullish .
MANAUSD: Heading to the next ATH?Indicator use: R/S Line Test, TTM Squeeze, Volume, Price Action, 10 + 20 EMA
Platform: Coinbase Pro
Time Frame Used: 4h
Entry: $2.92 LONG
Exit: Scale out 50% of position to take back principal + profits as it hits 100%
Stop: 15% Stop Loss Set
MANA cleared the previous resistance at around $2.95 price level, keep in mind the Volume is still low so this could be a fake breakout as it is retesting the resistance again to clear the ceiling. The market is bullish as MANA gives exposure the Metaverse. As you can see the 10 EMA made its cross over the 21 EMA to the upside. I'm watching for continuation as this coin is showing relative strength while the rest of the market is experiencing a healthy pull back. If it clears then we may see a new ATH as it appears this is an accumulation phase still.
My strategy is to always scale out and take profits to expand my portfolio and go in cash to enter on the next dip.
₿ Chiliz 1W ₿ : 12.Nov.2021 (log)If the price continues its bullish trend in the medium term, it can reach the targets specified in the chart.
Follow our other analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @Ar_M_An_4
📅 12.Nov.2021
⚠️(DYOR)
💲 MANA IS READY FOR EXPLODE, AGAIN 💲After a phase of consolidation MANA is ready for an other shot.
Fib levels indicate 5 - 7 💲 for this run, but not explosive like other leg, the incrse is organic and not like a pump, adn this a good thing for a coin
METAVERSE ISa too much big thing for non increase the value of the metaverse coin, and MANA is the king of metaverse 💎
DIOR ⚡
$MANA decentraland could be headed to $6$Mana had a huge explosive move 2 weeks ago and has been consolidating in a bull flag ever since. It now looks to be over as it made a higher high, and broke out of the pattern. This could take it to the $6 range.
This is not financial advice, do your own research, this is for entertainment purposes only.
MANA broke out triangle#MANAUSD
#Decentraland
$MANA broke out from upper line of triangle and still is above ascending support. price can head up toward $3.765 that is the first target of broken triangle pattern. and it is possible #MANA reach $6.72 in long term.
but if price break down from ascending support it will drop more to trend line
that is parallel to ascending support and even $1.5.
Fake Bullish Flag w Dead Cat Bounce (high chance) before real coEarly today 11/10/2021 (US time) or late today 11/10/2021 (Asia time) there was a big sale off made the price of MANA dove down to $2.3. This is a signal of big hand is stop-loss withdrawing from the MANA, it is very obvious MANA would not reach any ATH above $4 anytime soon by end of this year. I would suspect a lot of day-traders on this tradingview platform tricked new investors to buy in right now. I am personally taking an HoDLer approach to see the Resistance 2 need to be retested again before we can see if MANA can pull its wing above $4. The main reason I think it is a fake bullish flag is that there are signs of a dead cat bouncing around. Still, if we are going to the Bullish flag then sure most likely MANA would jump. However, be warned, technical analysis is not everything to look at the graph. You need to understand BTC run cycle is coming near, then ETH runs, so a lot of bleeding effects will happen when a major coin running. The chance of MANA going 5x from now to get that $20B is equal to BTC gaining $1T in the next 12 months. There is no signal that whale or big investor would put more money for MANA above $4. If it is then we should have had at $5 by now, however, the reality is that we are at the $2.6 range and have been sideways for more than a week. It is a crucial time to think through this. The attractiveness of MANA is at $1.6 range but not $2.4. This is not investment advice, this is merely a reflection of my perspective on the current situation! Good luck!
MANA, In Absolute MANJA-PHASE, 10 USD As A Upcoming Target!Hello,
Welcome to this analysis about Decentraland under the ticker-symbol MANAUSD, we are looking at the 4-hour timeframe perspectives. In recent times in the cryptocurrency market space, there are boiling up some pivotal altcoins to consider with appropriate opportunities in the middle-to-long-term-basis. Although many altcoins are still in consolidational or bearish phases there are some gems within the market that show the proper technical and fundamental prospects for potential worthwhile setups to come around with, in this case, now I discovered MANAUSD within the main manja-phase and with the formation here that has the ability to complete showing up considerable opportunities along the line.
As when looking at my chart we can watch there how MANAUSD printed this major massive absolute exponential-impulse-wave to the upside shooting almost above 600% through the roof in just 3 days and establishing an astonishing paradigm. Now as MANA managed to hold above the 50-EMA in red and the 25-EMA in green it is printing this decisive descending-channel-formation in this structure with a coherent wave-count within, when this wave-count completes and with MANAUSD managing to appropriately bouncing within the area above the ascending-trend-line in blue and within the EMAs this will be the origin of the completion of the channel as a bull-flag and the activation of the next exponential-impulse-wave.
Taking all these central factors into the consideration now it will be important to elevate on how MANAUSD completes this whole potential flag-formation and how it continues afterward, in any case as it is always necessary it is highly important to await the completion of this whole formation with a breakout to the upside before moving finally into this concluded directly. Once MANAUSD has completed the whole formation appropriately the 10 USD target will be activated and once this target has been reached MANUSD has to show if it manages to continue with a possible next formation or firstly reverses, for now, we should be prepared in any case on upcoming volatility with this altcoin, it will be an interesting journey ahead.
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"Good fortune is when opportunity meets preparation."
Information provided is only educational and should not be used to take action in the markets.
🟢MANA's Bullish Movement is not over Yet!Hi every one
DECENTRALAND / TETHERUS
MANA has Done a Impressive Job in the last Few days! But it seems this is just a Beginning. as you can see It has Created a Bullish flag, This means The Price has a Great chance to Increase as much as the FLAG Pole. when ever the Break out happens, the odds of Creating a New ATH is Pretty High.
⚪Summery:
-MANA has done a Great Bullish movement
-Bullish flag is visible on the chart
-Can Create a New ATH after the Break out happens!
💎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: Accumulation... Then Time to Fly AgainAfter a massive 600% pump between 10/26 - 10/30, MANA has retraced and tapped the .618 perfectly at $2.34.
Bullish Scenario: Consolidate in the current range and break above the downward trend line as shown above.
Bearish Scenario: Break below the .618 and test the .786.
I would think the bullish scenario is more likely to play out, considering the flow of the rest of the market. If BTC dumps, then this will go down.
This is not financial advice. These are just my ideas and opinions.
#MANAUSDT About to explode. PUMP 2.0 Incoming?This is a simple MANA Chart.
Breaking out of the triangle right now.
Bullish divergence+ accumulation since the last 6 days..
This coins is related to METAVERSE which is trending now a days..
Best Entry:- $2.43 to $2.74
Ladder in partially, when this coin starts it's rally, it's always massive..
To be on the safer side you can place SL at $2.263
Target is open, I don't know how much it can pump.
Trade carefully and keep booking profits on the way up.
Stay tuned, If you want me to post more of these setups, Hit that like button,
Thank you
#PEACE
Is this a dead cat bounce on $MANA?Okay, lots of mana FOMO so i'm here with not so good news.
However, this to me looks like a blow off top.
what happens with a blow off top is that it retraces and tests the golden pocket after an irrational bullish leveraged euphoria rally
this confirms a dead cat bounce, or what it's called in the market cycle
"we're just cooling off"
What invalidates this?
If we break the golden pocket. (3.53) and closed the day above it. then the rally may perhaps continue.
Cheers!
@bitmoey
MANA NEXT WAVE UP ABOUT TO STARTAfter a 600% move up last week, MANA looks to make another run with a near 3X return off the retracement lows.
4HR MacD is curling up and ready to cross. BTC chart pair looks great as well.
Take profit levels would be $3.95, $4.95, and $6.80
Personally, I believe it will reach all the way to $6.80, which is my measured move and just above the 1.618 extension.
Remember this is only my formed analysis outlook. This is not an endorsement or recommendation to buy or sell.