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MANAUSDT

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.
Long
by MaestroPee
MANAUSDT Price UpdateMANA after falling down as same as other cryptocurrencies right now I think it's ranging inside a symmetrical triangle. and we could go lower because in a bigger view we can see it forming falling wedge pattern and it can be the reason to break the triangle to the downside than to break it to the upside. and if this happens it will confirm the falling wedge pattern. till it holds the price above the support line. so based on these patterns we are likely to go down for short time and then go up.
by BlackWolf001
2
WARNNING !! MANAUSDT BREAK TRENDLINE -Hello , Here is my quick move for MANAUSDT today -I use only 100 and 200 EMA and price action analyse -The price is making HH and LH and break the major trendline with a beautiful reteste on the 100EMA and the trendline too * Its BUY entry for me if the bullish candle end above the 100EMA . BUT if the candle end under the 100EMA , i don t enter any trade . Its a buy strategy trade only ( I have already backtested it and have around 60% with very very RRR) ***Education purpuse only ***
Long
by Liquetz
1
The chart said Bullish for MANAHi guys! I hope you guys took advantage to buy some more when it was dipping in the past 6 days. With the previous history data for the MANA chart, All bearish downtrends with a breakout would most likely guarantee a strong bullish movement to break the previous ATH. If the previous ATH is at $4.9, the MANA price would drop as low as $2.2 which is 55.1% of the original ATH and a strong Bullish movement started to take shape as we have seen in 4 consecutive movements (1,2,3,4). The Current ATH is $5.89 which would lead to a drop to $2.5 which is a 57.6% drop from the original ATH. This is way lower than the percentage of the previous drop which was supposed to be $2.8 (the RSI shown unprecedented bottom in red circle). I think this is caused by the BTC effect, which would facilitate the dip back to the original affordable range for more accumulation within 1 bearish movement instead of 2 movements. The question here is that would the market psychology agree with this flash crash or would it require a longer sideways before it can break the trend? Most likely I think it has already broken the trend, however, we still need to see the leg of this parabolic curve (labeled yellow). If the leg is much lower than the $3.3 then most likely the trend would try to retest the $2.8 range which is correct with the trend without the BTC effect. However, if the leg is much higher than $3.3, then we are most likely seeing a very strong breakout for the next Bullish run! Remember to be fearless when people scare and be scared when people are greedy! This is not financial advice but my perception of the current market movement!
Long
by Haizsama
MANA - why the drop happened?It's Black Friday coming to the market today. A lot of coins lost more than 10% in just a few hours. So many people were asking when to buy MANA and SAND. On our platforms, we warned against buying these coins. At the very top of the chart, a head and shoulders reversal pattern was formed. Behind the rules, opening a position after a breakdown and the target is equal to the height of the head. Based on the rules, the price can reach the lower liquidity area. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade.
Short
by Yuriy_Bishko
21
☑️ETHUSD: SELL and then we take off➡️ The price of the cryptocurrency approached the resistance level of 4434.32$ , as well as the resistance line (marked in red on the chart). It is unlikely that buyers will be able to pass such a barrier now. A BUY deal can be much more promising from the support of 4019.94$ . You can familiarize yourself with the proposed buy trade on the daily ETHUSD chart below👇. Most likely, the price will be able to approach 5000$ and possibly even higher. Quite a promising coin. If we talk about the present tense, then now a short-term SELL of the coin is planned. The Sell Entry Point area is indicated on the chart, it is the level of 4226.60$ . An entry with a risk / reward ratio of 1/2 is assumed. It is necessary to look at the situation in more detail. The target is the aforementioned support of 4019.94$ . All the parameters of the deal are in front of you. 🔔 Proposed deal for this tool 🔔: 🔴Entry Point - 4226.58 ⛔️Stop Loss - 4323.20 ✅Take Profit - 4033.32 Thanks for your comments and likes 👍 👇🔥 LINKS TO PREVIOUS IDEAS AND FORECASTS 🔥👇
BITSTAMP:ETHUSDShort
by TradePlus-Fx
8
MANA Bearish and be fearless when people scareWith the Houbi and recent ban of crypto in China, MANA price is being affected and might go bearish for quite some time. I suspect it can drop as low as $2.4. Again, it is not the problem of MANA, but I think it is the effect of BTC dropping and potentially dropping further if BTC is going sideway. This is a good opportunity to keep buying as the price goes down ward further to maximize the token number for the next bull run! This is not financial advice!
Long
by Haizsama
1
MANA - Double Bottom W PatternI waited a bit with posting MANA also considering the developments of last weekend. But situation is as follows. Until the end of November, the Bulls has pushed the price considerably higher which we can see in the uptrend channel. As is known, the bears have recently indulged themselves. the bears came on the scene and stepped out of the trend channel and actually a Falling wedge was created which has brought a downward result in recent days. There, the bulls managed to absorb around $2.5 dollars and bring the price back above $3.25 in a short time. Support appears to be holding at USD 3.25 for now. So from that perspective it can go two ways. - if the bulls keep this zone, it is quite possible that a double bottom or W formation can be formed here. The ADAM formation there often has a peak as the wick shows and the EVE formation within the W pattern is often round. The story is that a larger volume decline at ADAM would suggest a good development in the upward price action. - but if we lose the $3.00 then a further decline towards the $2.5 is quickly there again. Keep calm, Do your own research! trade safe and manage your risk. (Disclaimer: This is not a Financial Advise) Dont forget to upvote or leave a comment ;-)
by Tims.Technische.Analyse.
☑️BNBUSD: short-term SELL➡️ At the time of writing, the trading idea, the BNBUSD cryptocurrency is trading at 552.3$ . The coin is more under the control of the sellers, and therefore a SELL deal is expected. The SELL deal will be short-term with moderate targets. The search area for the Sell Entry Point is indicated on the chart, as well as maximum real trade parameters. There is a resistance line at the prospective Entry Point, that also hints at selling. Around the support level of 515$ , where the target of a SELL trade is located a little higher, one can expect a reaction from buyers and some kind of price recovery. 🔔 Proposed deal for this tool 🔔: 🔴Entry Point - 577.5 ⛔️Stop Loss - 604.5 ✅Take Profit - 523.6 Thanks for your comments and likes 👍 👇🔥 LINKS TO PREVIOUS IDEAS AND FORECASTS 🔥👇
BINANCE:BNBUSDShort
by TradePlus-Fx
5
MANA back in the falling wedge after big drop!Here's a quick Look at MANA 4 hr chart. As we can see, the price broke down from the falling wedge , due to the drop in BTC price, but is now back in the same falling wedge! Keep an eye on this falling wedge! The best entry would be, when the price breaks above 4.25$ with good amount of volume . ------------------------------------------- The idea is: Buy when the price breaks above 4.25$ and take profits at the levels shown in the chart. Targets: 1. 4.65$ 2. 5.2$ 3. 5.9$ ------------------------------------------- What Is a Wedge in the context of trading?: "A wedge is a price pattern marked by converging trend lines on a price chart. The two trend lines are drawn to connect the respective highs and lows of a price series over the course of 10 to 50 periods. The lines show that the highs and the lows are either rising or falling and differing rates, giving the appearance of a wedge as the lines approach a convergence. Wedge shaped trend lines are considered useful indicators of a potential reversal in price action by technical analysts. Key Takeaways for Falling wedges: 1. Wedge patterns are usually characterized by converging trend lines over 10 to 50 trading periods. 2. The patterns may be considered rising or falling wedges depending on their direction. 3. These patterns have an unusually good track record for forecasting price reversals." ------------------------------------------- If you like the content, then make sure to comment and like the post :D Follow me for daily profitable trading setups BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
by MBM_Crypto
6
⭐️BTCUSD: forecast for Dec 6 - Dec 12 (UPDATED)➡️ The forecast for this coin made on Friday worked itself out very quickly, this new week did not even have time to start. In this regard, there is an updated forecast for BTCUSD for the coming week in front of you. As you can see, especially on the D1 chart (presented below in the comments), the price, having touched the 42003.60$ level, instantly soared to 50,000$ , but it has not been possible to close above this level so far. It is assumed that the price of the coin will be supported by buyers who will get this price fixed above the 50,000$ level. It is possible confidently take the buyer's position after the coin is clearly fixed in the price range of 50,000$ - 53,520$ (noted on the D1 chart just below in the comments). In this case, the price can be expected at the level of 60,000$ and even higher. In the opposite case, if sellers continue to hold the initiative, we will see how the coin cannot close above the 50,000$ level and then, most likely, there will be a second attempt to break through the 42003.60$ level, which will most likely be successful. Considering a shorter period of time, namely the H4 chart, there are all the same levels, of course, but the level of 48,200$ is also indicated, which acts as a support. BUT buying or looking for purchases from him is not the best idea. As you can see here clearly (on the H4 chart), entry points for SELL can be looked for from the level of 53,520$ . And here the 48,200$ level serves as an excellent and safe target. AGAIN, no deep fall is expected yet. So selling from the aforementioned 53,520$ level and straight up to 42003.60$ is not a good idea either. It is necessary to use partial closure and transfer to breakeven (after the price reaches the 48,200$ level). Thanks for your comments and likes 👍 👇🔥 LINKS TO PREVIOUS IDEAS AND FORECASTS 🔥👇
BITSTAMP:BTCUSDLong
by TradePlus-Fx
6