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Decentraland MANA price can be one of 1st to start a rising waveToday we will talk about the prospects for the price of the Decentraland token - MANA But first, please like our previous idea MANAUSDT, which has perfectly worked out the sales area and recently the purchase area for 4 months. It looks like the MANAUSD price has completed its correctional wave (2) and is now trying to start a growth wave (3). Wave (3) is considered to be the longest, and given that there are many liquidity zones above, the path of growth will not be easy. However, we have schematically depicted on the chart how the growth and correction waves can look like. The intermediate targets for MANA's price growth are $0.90 and $1.85. The final selling zone for MANAUSDT, which is now visible in the probable wave (3), may be in the area of $2.25-2.50. What do you think, will such a positive scenario work out given the current pessimistic sentiment in the cryptocurrency market?) _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
33
MANAUSD Cycle may need to make one last low before rallyingDecentraland (MANAUSD) has been unable to break above the 1W MA50 (blue trend-line) despite January's rise (led at large by Bitcoin). This draws heavy comparisons with the previous Cycle, which on March and June 2019 failed also to break above the 1W MA50 despite a March rally and instead dropped to the 1.236 Fibonacci extension, which was a Lower Low for the Bear Cycle and the final bottom. The 1W RSI pattern confirms those similarities and even though MANA doesn't have to decline as low as the 1.236 Fib again (which is at 0.1420), we have to consider the high probability that the bottom is not in. Of course breaking and closing above the 1W MA50 invalidates that and sets the market on a Bull Cycle track. Technically the closing above the 1W MA100 (green trend-line) kick starts the parabolic part of the Bull Cycle. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:MANAUSD
by TradingShot
2
Decentraland: Crab 🦀Like a crab, Decentraland is predominantly moving sidewards just above the support at $0.48. Nevertheless, we expect our crypto friend to develop more upwards momentum soon so that it will be able to expand wave iii in magenta above the resistance at $0.84. However, there is a 35% chance that Decentraland could slip below the support at $0.48, thus digging itself into the magenta-colored zone between $0.49 and $0.40 to place a new low in the form of wave alt.ii in magenta first before turning upwards again.
BINANCE:MANAUSD
by MarketIntel
MANA-MANIA! Don't Miss Out!MANA is looking like its almost ready for a MASSIVE move.. At least 1000%. We can see that we are currently in a 5 wave move higher. Wave 3 had a nice 5 subwave breakdown. We can use that framework to figure out what's next for wave 5. Subwave 2 of wave 3 was a tight correction and we are seeing almost an identical tight correction for subwave 2 of wave 5. Great thing about this is that we have a strict invalidation level. Trade Idea: - Watch for a breakout of subwave 2 - Enter with stops below the correction (or safer stops below invalidation level) - Targets: 6, 15, 40 Goodluck and as always, trade safe!
BINANCE:MANAUSD
by WicktatorFX
12
MANA - Perfect Elliott Wave Impulse!MANAUSD looks like a picture perfect impulse. We can see clear impulses and clear corrections. We can see that we've completed the 4th wave and now we're in the 5th wave. We are expecting 5 subwaves for the 5th wave and we can see that we're in subwave 2 now. The lower subwave 2 goes, the better (as long as we stay above blue structure)/ Trade Idea: - Watch for the current correction to break out - invalidation level is below 0.27 - Targets: 5, 6.4, taper rest as we move higher Goodluck and as always, trade safe!
BINANCE:MANAUSD
by WicktatorFX
4
#MANAUSD - So Many Good Trades, Here's Another One!Over the last few years #DECENTRALAND has been one of our best performing trading pairs, providing consistently profitable trades time and again! Here's another example coming up right now, we predict the price being rejected by the trend line it's currently sat on, dropping around 40% (a huge amount!) to meet the lower trend line. _________ What Do You Think? If you enjoyed or agree with this idea - drop us a comment, like & follow! 😀 Ideas by theCrypster meet the guidance notes and disclaimer as mentioned below and within our website. See Signature for more info! ✌️ 🔥🔥🔥 Crypto Tipster v2 theCrypster 🔥🔥🔥
KRAKEN:MANAUSDShort
by theCrypster
18
MANA's buying pressure has eased sharplyMANA's buying pressure has eased sharply after breaking the corner pattern, and one of MANA's short-term resistances at the $0.75 range has reacted negatively over the past two days. As long as the marked strong resistance is not broken, its correction potential is higher. Minor support is considered at the $0.69 range, and these ranges are considered minor levels. We can expect a trend continuation or a deeper correction if there is any break. Safe ranges as a support are $0.460 to $0.540, and second support at $0.400 to $0.425. With Mana trending upward on the daily timeframe, there is potential for it to reach higher targets in the $1 range after the price correction.
by MonoCoinSignal
5
MANA has been in a range over the past two weeksMANA has been in a range over the past two weeks, and its bullish move was halted when it reached the $0.80 range resistance. Because a strong retracement of the resistance range has occurred without a pullback, the potential for a price correction to at least the $0.55 support area has been created. Also, we could consider the ascending channel as a corner pattern, which with the confirmation of the pattern from the bottom, the last target is in the range of $0.57. Now the resistance that is considered in the range of $0.75 is the range above which we cannot expect a bullish trend in the 4-hour timeframe if a strong reversal is not registered above it. The first support of MANA is considered in the range of $0.458 to $0.540. One of the strongest near-term supports is the $0.402-$0.425 range, which is unlikely to see a deep correction given the strength of the uptrend.
by MonoCoinSignal
18