ManaUSD levels to watchMana is great to ATL to have in your bag, here are levels buyers need to consider filling their bags.
critical levels to watch are:
$2.5
$1.9
$1.46
MANAUSDT
MANA is bearish going to retest 1.7usdts.MANA short.MANA is bearish going to retest 1.7usdts.MANA short.
Mana should be short at the movement because it is made the downtrend channel.
Thanks and happy trading.
MANAUSDT UPDATE!!!Hi Traders,
Please refer to the recording for the next price levels and scenarios.
Thanks
MS
MANA fight BTC to keep the marginIt is what it is. The MANA has been fighting hard against the BTC effect and still keeps above $2.8 showing the MANA is recovering fast. However, the BTC recovering at in much faster pace compared to MANA. This means the movement average of MANA is much weaker than BTC in general. It is this time of every cycle where Altcoins are starting to bleed to BTC. All I can see is accumulate for the next bull run after BTC consolidate!
This is not financial advice!
MANAUSDT FORECAST NEXTBINANCE:MANAUSDT FORECAST NEXT
4H trend chart
MANA had gotten resistance at Fib 0.5, but already broke it out and being support level
Also, it got rid of the downtrend line, and we can take entry here(with tight SL),
Another entry scenario is that wait it to retest the key level
If we open position here, trading strategy as below.
Profit Targets:
a) 4.1
b) 5.4
Stop losses:
a)2.47 Red horizontal ray
If you like this analysis, smash the "like button" and leave a comment below to share your thoughts
or let me know what crypto you want to see!
Trading is a reflection of yourself. Learn more daily and be ready for every opportunity.
Have a nice trading!
MANAUSDT Bearish MovementReady or Not MANAUSDT will continue its bearish movement. I see a Hidden Bearish Divergence appears on my Stochastic indicator. Also based on price action trading, the bullish correction candle makes the body candle smaller as the price approaches the trendline area, indicating that demand strength appears to be decreasing. I assume that if the price cannot break the bearish trendline, the price will continue its bearish movement up to 3.1811, because there is MAJOR support there.
MANA could be headed to $3Anything could happen, and we could reverse at any time, but MANA seems to be breaking down from this symmetrical triangle, and could re-test the $3 range. "metaverse" coins are a hot play, but the chart is showing weakness to me.
This is not financial advice, do your own research
MANAUSDT - is going to pump?BYBIT:MANAUSDT
1H trend chart
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MANA had gotten resistance at Fib 0.5, but already broke it out and being support level now.
Also, it got rid of the downtrend line, and we can take entry here(with tight SL),
Another entry scenario is that wait it to retest the key level
If we open position here, trading strategy as below.
-
Profit Targets:
a) 3.5681----Fib(0.5)
b) 3.89----Blue horizontal ray
Stop losses:
a) 3.310-----Red horizontal ray
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If you like this analysis, smash the "like button" and leave a comment below to share your thoughts
or let me know what crypto you want to see!
Trading is a reflection of yourself. Learn more daily and be ready for every opportunity.
Have a nice trading!
MANA testing supportMANA has been falling in price for a long time, this is due to the situation with BTC, the strong influence of BTC often changes the trend of other cryptocurrencies, so you need to use stop loss
Bearish short term but Bullish long termWe saw from my last analysis when I said we may revisit the $3.2 range. However, during the dumping time with BTC downside, and all senate talk about future of crypto, there are many things people have let it slide away.
Decentraland just is the Patron of Blender Development Fund, the Blender is the major 3D model creator that is free for use by anyone under GNU. Meaning you can legally use the software to create any figures or anything and sell it without string attached to the Blender. If you saw the NFT hype, then you would need to understand the underlying violation of copyright and the right of usage of certain software to bale to make monetize out of it. It is basically a strong legal battle that surely uncle Sam/ big Coop will win if you accidentally use the crack software or non-commercial software to create the NFT for monetization. Blender is the one under GNU licencing which is free for most of the meaning of usage. So Decentraland is the supporter of Blender which facilitate the growth of NFT items in the metaverse.
Decentraland just pumps out the Golf course in the Vegas City within Decentraland. Here not only you can gamble but practice your golf skill with your VR set.
Decentraland can take any NFT to be put into their world. One of the main reasons for the Nov 30 run of MANA is because SAND items were ported into the Decentraland world and used for the festival event.
And here we are at the spot where MANA is going lower than $4 after an attempt to go higher. I would consider this is a long position where the MANA might try to break the trend downward, but as it gets lower, it is a better price to accumulate for the next bull run!
This is not financial advice, but my perspective of the current trend of Decentraland!
MANA (Decentraland): 10.DEC.2021 (HODL)Examining the #MANA , we see that the price has reached a strong support range and is one of the lowest risk cryptocurrencies on the market for investment. I suggest you have a personal review on it for buying and invest and if you already have it, I suggest you to keep it (HODL) .
MANA Price Live Data
The live Decentraland price today is $3.49 USD with a 24-hour trading volume of $985,615,790 USD. We update our MANA to USD price in real-time. Decentraland is down 4.51% in the last 24 hours. The current CoinMarketCap ranking is #27, with a live market cap of $6,375,120,502 USD. It has a circulating supply of 1,824,595,435 MANA coins and the max. supply is not available.
Follow our other analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 10.DEC.2021
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
MANA- ⛔Got to Know These levels! ⏫MANA, Decentraland has been feasting on the Metaverse Hype/future but again, price is volatile so we got to knwo the levels.
Here is our updated chart with the levels you need to know.
Please also take a look at competition (Sand, Blok, Metahero and others) and do your math.
3 Reasons to Buy Decentraland if you are a fool :
Investors looking for exposure to the metaverse may want to consider Decentraland.
Key Points
Decentraland's status as a leading metaverse game could drive the adoption of MANA.
Institutional investors are attracted to Decentraland's offering, creating big price movements.
Decentraland's growth prospects may outweigh the risks for longer-term investors bullish on the metaverse.
One Love,
the FXPROFESSOR
(The professor prefers SAND and Metahero)
WILL GALA MAKE ATH AGAIN??After making ATH at 0.8$ GALA is having a correction and is testing 0.5 fibonacci level & EMA20. If GALA breaks and sustain 0.382 fibonacci level LONGS can be taken else if GALA breaks 0.5 fibonacci level sorts can be taken targeting 0.6 level as there is also a EMA50 strong support.
Mana throwback then bounce$mana #Decentraland Looks like $sand. Retest in progress and close above 4.1 would signal move to the upside with 49% to ATH potential.
Possible path based on fib levels listed.
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Top 10 trading tips:
1. DO NOT FOMO into PUMPs.
2. Set a strategy and be consistent. The more you use the same strategy with the same $$$ amounts, you will be able to identify the winning set ups quicker and you will need to win less trades to be profitable over time.
3. Let your winners run and cut your losers short.
4. You will not win every trade, but if you are disciplined with great RM you don't need to be right all the time to win!
5. Before you enter a trade, make you know your target (or take profit target and let the rest ride) AND your exit strategy.
6. When you are up, you can use a trailing stop or trim off some profit at a logical resistance point with a stop loss at breakeven.
7. It is hard to deal with emotions when trading, set parameters up front so you keep your self accountable. (stop loss, take profit levels, etc)
8. Don't fight the trend. The trend is your friend.
9. Use multiple indicators to confirm your TA on price action.
10. Only trade what you are willing to lose. It will be hard to trade without emotions.
Please note:
- This is not financial advice.
- I do not take every trade I post.
- Never trade off of someone else's chart until you DYOR!
Long Mana In case BTC Stay above 49I00 and don't break down at 48980, wich will invalidate the LONG Mana.
Mana will go up with a strong similarity to what Gala did a couple hours ago.
Trade one : Mana 3,84 to 4,II.
Trade 2, wait for the rebound : Mana 3,88 to 4,4788
MANA ANALYSISMana has made all time high and is facing correction right now. It is getting closer to EMA50 as its main support. If MANA stays up ~3.2 it can make more higher high but if it cannot settle down we look for short for now who did not sell when it had a train break (~4.5) hold till 3.2 .
MANA consolidation phase in 1hAfter checking a couple of timeframes i found som key points in chart, even that we can see 2 rejection attemps in bullish moves so for now we can just wait for "zona de compra 1, 2" (buy zone 1,2) on order to have any earnings in a LONG but again we need to wait because consolidations can broke your LONG/SHORT position.
MANAUSDT BULL FLAG Mana has seen some upside in the last few days after the major BTC shake-out, however we've pulled back briefly and on the daily we are seeing bull flag pattern play out. This is the first time the technicals have shown us potential of closing above of the flag. With that said, if we can close above upper line and 50% fib, the probability we see upside is high.
OCT - NOV FLAG: 10-12 DAYS TO COMPLETION OF FLAG, LEADING TO 128.90% RUN.
AREA OF CONFLUENCE AT PRICE TARGET 1: 4.1602, (9.66%) ** we may see some pressure here **
PRICE TARGET 2: 4.6597 (23.82%)
PRICEE TARGET 3: 5.3404 (40.99%, UPPER BB)
Let the metaverse take you there. Goodluck!
$Mana Daily LongHi
So on my previous chart, Mana moved to 3.6 area
Now if we manage to consolidate, we can see a really good pump, otherwise if we lose 3.5 we'd be looking at 2.4-2.6 zone
Still learning and trying things that's why I added the Eliot wave, don't really know if it should work that way
Trade Safe
DYOR
Decentraland Analysis [November 14, 2021]AB=CD pattern, Fibonacci retracement tool were greatly implemented in analyzing this one (1) day candlestick timeframe (TF) chart.
The picture explains it all.
AB = CD pattern & FIB are saying take profit around $6.6 zone.
At carefully observing the price action, an almost concluded symmetric triangle and a bullish flag pattern can be seen in formation.
Feel free to comment.
Kindly note this is not a financial advice. As we know, the cryptoverse is a highly volatile world. Do your due diligence.
MANA - good trading rangeThe situation is ambiguous. I think for now it is worth opening speculative trades within the framework of support and resistance.
