Manausd
MY NOT SO MINIMALIST ANALYSIS FOR DECENTRALAND$MANA
10.30.21
2007H +8 SINGAPORE
INDICATORS TO CONFIRM OVERBOUGHT
ALERT: WE ARE REACHING OUR TARGET EXITS
HAD TO ADJUST BEYOND PARABOLIC A FURTHER UP. You can shave off your profits before moving to THE MAXIMIZED and PARABOLIC AREAS OF VALUE.
AB=CD Pattern Completed, waiting for DIP, and let us see if it will move further upwards.
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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.
"FOLLOW THE WHITE RABBIT!"
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.
TARGET ZONES 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 times I include WAY BEYOND PARABOLIC Price TARGETS depending on The Character of the Market.
Watch out for your Volume, Chart Patterns, Candlestick Math, Price Action, Fibs, Market Dynamics, and especially trading psychology.
Note: This CHART is best used without indicators.
Master your Trading Discipline
and Trader's Psychology
The Facebook Effect MANAUSDMaybe I am correlating two unrelated things, but
Facebooks recent announcement about pursuing the metaverse future gives a project like Decentraland a lot of exposure
Regardless,
The TA on this timeframe (1Hr) shows an inverted ascending scallop, these breakout to the upside after reaching a certain point of stability
-50% Decline PossiblePrice breaking back below $0.79 indicates further that the recent upside is corrective. This means we should see another impulsive move to the downside.
Price action from June-August is clearly a 3 wave corrective move. $0.36 would take us to the next clear price support level from the high of the wave 1 of smaller degree.
Definitely would be a great buying opportunity though.
MANAUSDT , We are in ...Hello guys
Everyday we are analysing the differance coins of market and will publish it , follow us to get the first one that can watch it
in here after the triangle pattern on chart , we have downward trend until the sensitive zone , according to the chart , here is important zone for reverse the trend , in here we have pattern and the key for the trend , the trend was changed and in here we are in pullback and when the price reach to our zone we can take long position or buy MANA with nice R/r
Dont forget stop loss , we shown only first TP 1 because of the market and news , we need more details after the TP 1 reach , then we will update the chart
MANA is one the powerful and amazing tokan that based on game in crypto : this is the future
Good Luck
Abtin
Call me MANAna!Decentraland : Inverted Head and Shoulders in the making with target $0.95. Entry on the neckline (white) backtest if broken up. SL below the right shoulder. RRR ~3. Call me MAÑAna!
Please like👍, comment🗣️, follow me✒️, enjoy📺!
⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
MY MINIMALIST ANALYSI OF $MANA9.11.21
My Minimalist Analysis of $MANA
MY ENTRIES for a good correction.
Indicated are key levels of support and resistance using small and large trading range boxes for ENTERING A SWING TRADE (Short - Long.)
Watch out for Patterns, Divergence, EMA, Candlestick Math, and your Fibs.
Further Analysis on price action is required on a 1HR-4HR chart when entering or closing a trade, depending on your risk appetite and trading style.
Disclaimer:
The findings/predictions of the following analysis are the sole opinions of the publisher of this idea and must not be taken as investment advice.
MANA Awaits Breakout Of Channel, Will Bulls Push It Past $1.00?-MANA has risen over 15% the last week
-Price has been held up by the 100MA
-MANA has formed an ascending channel
Decentraland (MANA) has been underperforming the market over the last month. Although prices have successfully risen nearly 100%, ETH has been outperforming MANA since the bottom hit on July 20th. Decentraland defines itself as a virtual reality platform powered by the Ether blockchain that allows users to create, experience, and monetize content and applications . This use case has been gaining a lot of traction over the last month as NFTs have exploded in value & interest. Soon MANA should catch up with the rest of the market & move higher.
Over the last month, MANA has been respecting an ascending channel that has held price stable throughout its uptrend. Each time price has attempted to breakout of its channel, it has gotten pushed to the other side. This shows there is an equal amount of buyers & sellers and until a trend is broken, MANA will sit tight in its uptrend. At the time of writing, MANA is attempting to break its major resistance zone of $0.99-$1.04. If this is successful, MANA will be clear to run towards its given targets of $1.14 & $1.23.
MANA has been holding its major support of $0.93 for some time now. As long as this continues, MANA should attempt a break of its major resistance zone. In the case bears assert more dominance & MANA fails to hold this support, price may be in trouble. Around this support lies the bottom trend of its channel along with the 100MA. If price fails to hold both of these marks, MANA will likely fall to $0.85. The 100MA has acted as support for many weeks & a break below will likely turn the trend bearish.
While looking at the Stochastic RSI, we can see strength has recently started dropping towards the oversold region. Strength must hold the 50 value to keep MANA in a short term bull trend. A break below the 50 value will likely cause a fall to the bottom of the channel. While looking at the MACD, it’s giving a slight bullish bias. As long as the MA’s can stay over the 0 value, MANA will stay in a bullish state.
MANA Intraday Analysis
Spot rate: $0.967
Trend: Bullish
Volatility: Medium
Support: $0.931
Resistance: $0.99
Cup and handle formation in MANAUSDT* MANA in 2H time frame forms Cup and handle pattern.
* Cup and handle is a bullish continuation pattern occurs during the bull run.
* If the price breaks it's handle resistance near $0.9150, we can see the continuation of bullish trend.
* MANA is bearish below the handle.
Mana-UsdMana forming cup and handle pattern in the one hour time frame in USD pair. Also seems bullish to me in the BTC pair. Also a coin Yet to pump in this bull run 2.0. IA It will pump and pump crazy and must touch the 1$ mark soon.
Fundamentally speaking its the currency of the virtual land. A coin the fuels Metaverse which will be the next bid thing on the internet after blockchain. So Cheers!
REPUSD D4: +650% gains BULLS THE BEST level TO BUY/HOLD(SL/TP)(UWhy get subbed to me on Tradingview?
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REPUSD D4: +650% gains BULLS THE BEST level TO BUY/HOLD(SL/TP)(UPDATE)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: REPUSD 4day/candle chart review
::: ALMOST ready to go PARABOLIC
::: final pullback/correction move
::: next few weeks
::: before 900% PUMP to the MOON
::: corrective cycle in progress no
::: expecting cycle low near 20 USD
::: updated/revised outlook
::: setup still valid as of RIGHT NOW
::: chart is LOG SCALE
::: get ready to BUY LOW later
::: currently CORRECTION MODE
::: BUY LOW near 20 USD
::: entry - late July/August2021
::: for now PULLBACK/CORRECTION MODE
::: will last 2-5 weeks
::: up to 900% gains possible later
::: short-term pullback/correction
::: re-test of range lows is likely
::: before uptrend can resume later
::: SPECULATIVE SETUP
::: do your own due dill
::: and use proper risk management
::: TP bulls is +900% gains
::: details: see chart
::: FINAL TP is +900% gains USD
::: recommended strategy: BUY/HOLD after pullback
::: TP BULLS +900% gains
::: SWING TRADE: BUY/HOLD IT
::: bull run not over yet
::: good luck traders!
::: BUY/HOLD and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BULLS/900% gains
::: Sentiment short-term: PULLBACK/MODE
RISK DISCLAIMER:
Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
MANAUSD H16: SWING BEST Level to BUY/HOLD 200%(SL/TP)(UPDATE)Why get subbed to me on Tradingview?
-TOP author on TradingView
-2000+ ideas published
-15+ years experience in markets
-Professional chart break downs
-Supply/Demand Zones
-TD9 counts / combo review
-Key S/R levels
-No junk on my charts
-Frequent updates
-Covering FX/crypto/US stocks
-before/after analysis
-24/7 uptime so constant updates
🎁Please hit the like button and
🎁Leave a comment to support our team!
MANAUSD H16: SWING BEST Level to BUY/HOLD 200%(SL/TP)(UPDATE)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: MANAUSD 16hour//candle chart review
::: strong bullish chart overall
::: setup still valid today
::: seek to BUY LOW from range lows
::: accumulation in progress
::: however correction mode next
::: few weeks so for now recommend
::: to stay out of this market
::: recommend to focus on buying low
::: I don't think that we are ready to MOON yet
::: accumulation in progress / more time required
::: best trades near point D for the BULLS
::: it's a strong prior bull market so can
::: so expecting at least one final PUMP
::: BULLS get ready to BUY after pullback
::: TP bulls is 200% gains
::: TP BULLS +150%/+200% gains max
::: patience required next few weeks
::: BEST reload BULLS is near range lows
::: as we are getting ready for a move now
::: final TP BULLS is +150%/+200% gains max
::: good luck traders!
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BULLS/BUY PULLBACK
::: Sentiment short-term: BEARS/CORRECTION
RISK DISCLAIMER:
Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
MANA-USDT Buy and HoldBUY AND HOLD
In addition, we remind you that as the popularity of the metaverse and the Decentralized Earth has increased dramatically over the past year, which has led to an increase in demand, the digital assets associated with them (i.e. their own MANA token, real estate / real estate / LAND prices, etc.) have also increased significantly in price. This, in turn, led to increased interest in investing in a metaverse / decentralized territory and institutional implementation (for example, recognition and penetration into the corporate environment / brand).; A trend that is likely to continue in the future, when companies such as Atari acquire large holdings to interact with customers. This, along with the growing popularity of the NFT market and related digital assets in a decentralized country (for example, wearables, collectibles, etc.), is likely to continue to stimulate the value proposition of a Decentralized country in the future.
By facilitating the new and complex process of investing, buying and renting in decentralized and similar implementations of the metaverse, Metaverse Property aims to make the process of virtual real estate transactions smoother through various service offerings. These include: real estate management, development, consulting, marketing and investment through Metaverse REIT. The Metaverse property provides access to a variety of offerings in the main areas of the Decentralized Earth, including Crypto Valley, Dragon City, Ether City, Vegas City, Fashion Street and District X. Thus, Metaverse Property strives for a vision of the future that simulates the "First Player Preparing", where business and real estate will exist in tandem at new frontiers, including both material and digital reality. The company strives to promote this vision and commitment to its core principles of creating the best places to call home by doing what is right.
Take into account that the NFT market tripled last year with a very strong movement by 2021. As more and more wearables, collectibles and art become represented by NFT and with broader overall investments in space, the demand for a mechanism for storing and displaying these digital assets will constantly increase. Decentraland and similar metaverse implementations are the main mechanisms for storing / displaying these digital assets, thereby adding an additional dimension to the Decentraland value proposition.
Investing, Buying and Renting with Metaverse Property Even though virtual land / real estate is becoming an increasingly valuable emerging asset class across the metaverse, many investors may be overwhelmed by the novelty or complexity of buying / renting / investing in Decentraland digital real estate.
To this end, one of the partners of the GDA Group, Metaverse Property, has tried to make the process of operations with virtual real estate smoother with the help of various service offers.
Metaverse Property is the first virtual reality-based real estate company in the entire industry, providing access to the developing virtual land industry through various metaverse implementations, including:Decentraland, TheSandbox, Somnium, Cryptovoxels, and Upland.
Metaverse Property facilitates the purchase and sale of virtual property in addition to a set of other services led by pioneers in the NFT and blockchain industry.
Some of these services include:
● Property management: includes renting out real estate to clients, technical and aesthetic services, collecting rent from clients, a contact point for all questions and requests related to clients.
● Development: managing the design, design and development of a building, as well as creating a project on the map.
● Consultations: assistance to real estate owners / tenants in making important decisions in the field of real estate based on virtual reality using their knowledge about the virtual earth in the metaverses, as well as about the blockchain industry in general.
● Marketing: Metaverse Property has reliable access to a growing advertising network that exists in various metaverses. In addition, the team has significant experience in marketing various projects related to blockchain and NFT. Thus, they have demonstrated the ability to increase accessibility and can do this for virtual land or enterprises.
In addition, Metaverse Property has created the first virtual real estate investment trust (for example, Metaverse REIT), providing investors with access to the best real estate assets in the metaverse without burdensome barriers to entry, such as developing technological savvy in the blockchain and metaverse market spaces. Consumers can get access through the Metaverse Property REIT token: NFT, supported by the company's virtual land and real estate portfolio.
As for Decentraland, Metaverse Property provides access to land in five Decentraland districts, including some of the following:
● Crypto Valley: A virtual land / district in Decentraland, where a community of cryptocurrency / blockchain-based projects unites to form a community focused on promoting innovation.
This comes from the name of its real-world counterpart, Silicon Valley.
● Dragon City: Dragon City combines ancient Chinese culture and modern Western civilization, reflecting a kind of fusion of East and West.
● Etherian City: One of the main attractions of Decentraland, covering the largest cyberpunk community in Decentraland. Some of the attractions in it include a nightclub, various living quarters, a specially designated area for tournaments, various playgrounds and other events. In accordance with its cyberpunk nature, the setting of this area seems futuristic and includes an environment stylistically similar to "The First Player at the Ready".
● Vegas City: True to its name, Vegas City in Decentraland is actually a double of its real counterpart, Las Vegas. This is a party city, a Decentraland gambling district designed to mimic Vegas. There are many casinos, shopping centers, nightclubs, concert / concert halls and other entertainment venues.
● Fashion Street: This area reflects the real brands of leading brands (for example, Gucci, Prada, RalphLauren, etc.) and brings the same concept to Decentraland. In fact, Decentraland users can go to Fashion to get a more detailed shopping experience.
● District X: District X is the" red light district " in the Decentraland community, which contains many adult services, such as: VR pornography, dating services, adult e-shops, adult online chat and much more.
In particular, some of the offers that Metaverse Property owns or offers in Decentraland itself include the following:
● Global Digital Assets Estates
● GDA Dragon Estates: Global Digital Asset Estates near Dragon City.
● GDA Crypto Valley Estates: a meeting place for startups and investors.
● GDA Aetherean View,
● GDA Plaza Estate
● University-related district plot: A nice plot on the University highway, beautifully located within the district. It is suitable for driving on roads due to its proximity to the motorway.
● Plot associated with Anarchy International: a plot of land located with coordinates (x, y) = (30, 65) in Decentraland.
● The site connected to the conference room, on the main road: this site is an ideal opportunity for business / commerce due to the active activity around it and its convenient location.
● Fashion Street Estate: One of the most affordable estates on Fashion Street.
● Large Genesis Plaza Estate: This is one of the largest estates for sale in all of Decentraland, with a great location in close proximity to Genesis Plaza.
● Legacy of Blockchain Names: This estate includes some of the leading blockchain domain names in the world, including:
BlockchainJobs.com, CryptoInsurance.com, BlockchainSports.com and NewYorkBlockchain.com
Metaverse Property company adheres to the vision of the future, which simulates Ready Player One, where business and real estate will exist in tandem at a new frontier, including both material and digital reality. The company strives to promote this vision and commitment to its core principles of building the best places to call home by doing what is right.
In addition, Metaverse Property is headed by co-founders Michael Gord and Jason Cassidy, each of whom has extensive experience in finance, consulting, software and blockchains.
Mana eye balling $1We have just broken out of a consolidation phase, broke along the top now on a slight retest. We should see a nice uptrend followed by another pullback creating a Double Bottom which would send us on our way towards $1 as we head into the weekend.
2 Indicators we must pay attention to is if we break back into the consolidation phase & test the lower resistance, this could indicate a reversal. Also the RSI has shown strong Uptrend patterns repeatedly, as we bounce off this RSI resistance we should continue on an upward trend. But if we break below this trendline then we will see a reversal throwing us into another Consolidation or breaking this trend & getting Bearish.