MANA - Weekly Outlook ✅Let's see how MANA is behaving.
This is a Weekly chart.
The Fib retracement shows that the price dumped on the support level. If the price falls, even more, the support level might be around the $1.9-$2.4 area.
The market is showing SELL volumes for MANA.
Two resistance levels push down on value, and one support level holds the price high and shows strength. The higher band can work as resistance.
The Upper Bollinger Band can push down the value, and the Middle 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: $2.4437
Let me know your ideas.
Good luck.
MANAUSDT
MANA, why do big players sell at every pump?MANA is moving in a downtrend. A trend line can be identified on the chart. The price has broken through this resistance several times, but each breakout has been a false breakout. It is also worth noting that with each rise there was a volume at the top. This is a bad signal, a signal that the big players are locking in their positions at every good opportunity.
There are no big volumes to buy at the moment. The price may correct even lower. In case of a false breakdown of the key level and the appearance of volume, there could be a good buying opportunity.
Write in the comments all your questions and instruments analysis of which you want to see.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
TS ❕ ADAUSD: sellers prevailSellers still managed to come under the level of 1.42010910, which now entails sales. Only closing the price above this level will allow you to think about longs.
SELL scenario: An approach to 1.42010910 is expected, and if the price does not close above this level, then this is a confident short with a target of 1.25689433.
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
TS ❕ ETHUSD: inside downtrend channelThe price of the coin is moving within the downtrend channel. The resistance line of this channel is located at the level of 3287.50, from where short deals can be considered.
SELL scenario: Expect the price to approach the level of 3287.50. There, within the downtrend channel from the resistance line, consider deals to sell.
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
TS ❕ BTCUSD: one step to fallSoon, Bitcoin buyers and investors may be even more disappointed as the coin is trading near the support of 40964.75, which could turn into a deep fall. Presence of the price in the range of 40964.75 - 43480.15 strengthens the sell signal.
SELL scenario: Shorts can be opened from the level of 43480.15. The range forms a continuation of the downward movement and any unsuccessful attempt of the price to break through will be immediately regarded as opening a sell trade from the level of 43480.15.
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
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 now rejected by resistance.
The market is showing massive SELL volumes for MANA.
Two resistance levels push down on value, and one support level holds the price high and shows 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: $
Let me know your ideas.
Good luck.
RNDR Contracting GPU Power Via Blockchain TechWish I would have bought some when Dave Lui dropped the alpha on it last year. RNDR is on the SOL blockchain. It appears as if SOL would be best suited for video games. Could we see popular NFT/ Metaverse coins transition from ERC-20 and go to the SOL blockchain? If so wouldn't a partnership with RNDR to offload some of the GPU workload be cool. Just a thought. Stick to TA. I'll be looking to start a position at outlined levels and take profit at 1.272.
MANA - Daily Chart ✅The Fib retracement shows that the price has pumped and now is retesting a resistance level.
The market is showing SELL / NEUTRAL 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 upper Bollinger Band can push down the value, and the middle 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: $3.0258
Let me know your ideas.
Good luck.
💥MANA - TO HIT NEW ATH IF PRICE REVERSE FROM SUPPORTPlease support this idea with a LIKE👍 if you find it useful🥳
Not a financial advice🙅🏼♂️
As Indicated on this chart, we have a price approaching the support zone within $2.20 and $2.50.
If price reverses at within this price, I expect price to hit ATH at $5.90 and hit make new ATH around $7.50 & $8
What do you think?
Share your opinion in the comment section✍️
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#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