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MANAUSDT

Picking up where we left off...and forward.Last post, I got caught off guard by the BTC crash. But as you can see, a few hours later, MANA continued where we left off...even as the other coins didn't recover. We're getting down to decision time. If the overall market wasn't recovering, I would be less confident in MANA's next move. However, BTC is creeping back up, and MANA is coming to an end on some triangles. Good luck, keep your SL's...and this is definitely financial advice. I would normally take a little profit/accumulate at $3.45, but that triangle is ending too...and may just blow right through?
BINANCEUS:MANAUSDLong
by keykomg
3
MANA might have a new ATHAs we recently saw how MANA is being adopted for real-world usage with Barbados nation ( a Caribbean nation) sign contract to make their ambassador on Decentraland. We are talking about a country that is currently ranked 68th out of 215 countries with huge exporting of liquor, jewellery, Cement, Orthopedic appliances. They also have quite good tourism and the top 3 strongest market exchange in the Caribbean. Short story, this country is a solid country but not a no-name. third-world country in somewhere in Africa or South America. As the Barbados ambassador project runs, more MANA would be needed to construct a real ambassador, maintaining and upgrading over time. It would possibly open a new interactive need for new travelers to access the ambassador to process visa and legal needs for tourism. From a fundamental perspective, this is a very solid good project that comes to Decentraland. Regarding the trend with Technical Analysis, we started seeing a reversal trend (red arrow). I think MANA will have a very high chance to obtain a new ATH by end of this year. Considering this is a good present from Mr. Santa Clause. This is not financial advice, and please be responsible with your investment!
Long
by Haizsama
Barbados to Establish Sovereign Territory in the DecentralandThis morning, the Caribean island Barbados just establish sovereign territory in the Decentraland! As you may have known me with the pessimistic view on Decentraland. This time, I think MANA may fly high above $5 end of this year. This is not financial advice! The article below "The tiny island nation of Barbados is taking the bold move of establishing an embassy in the metaverse. Starting with Decentraland, the crypto friendly country aims to acknowledge the first sovereign territory in the virtual realm. According to sources, Barbados sees the metaverse as the next frontier. A place to converge, learn, plan and connect with people from nations across the planet. Therefore, the embassies will provide an interaction point for metaverse travellers and allow for a tangible presence in the virtual and physical worlds. The Barbadian Ministry of Foreign Affairs signed a ground-breaking official agreement with Decentraland, resulting in the right to establish a digital embassy on the platform. Barbados’ end game is to create a network of such locations throughout the metaverse. And to this end, talks are currently underway with fellow industry pioneers, Somnium Space, among others. All of which will eventually include a teleportation portal between the different realms. Going forward, Barbados promises an “aggressive” expansion in the metaverse, providing official Barbadian locations that abide by international law, and the Vienna Convention, resulting in a unique diplomatic opportunity for Barbados, its government and its people. The first location will open as early as January 2022."
Long
by Haizsama
1
MANA about to break out! - Keep an eye on this! Here's a quick Look at MANA 1 hr chart. As we can see, the price has been forming a falling wedge and we could see a break the upside soon! Keep an eye on this falling wedge! The best entry would be, when the price breaks above falling wedge with good amount of volume . ------------------------------------------- The idea is: Buy when the price breaks above falling wedge and take profits at the levels shown in the chart. Targets: 1. 3.35$ 2. 2.47$ 3. 3.75$ 4. 4$ ------------------------------------------- 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!
Long
by MBM_Crypto
5
MANA - Don't Miss This Breakout!In our last Mana analysis, we were looking at the higher timeframe and identified that price could retest the base channel and fibonacci before moving up. We had a nice move down and retested the channel perfectly and moved up 70%! We could be in a flat correction with a double bottom forming soon on the base channel. Trade Idea: Watch for another retest of the base channel and enter with stops inside the channel. If we break the red trendline early, enter with stops below the recent lows. First target will be the recent high and second target will be $6.
by Altsignals
2
MANA- Chart says YES, My eyes tell me NO ⛔⛔⛔Decentraland has been doing great. The Metaverse frenzy is On, I know. We have had a great trade on this (going Long at 2, closing just before 5$ and going short for a while) but right now I am CONFUSED!!! The chart (Technical analysis) tells me YES, BUY!!! A visit to Decentraland tells me a BIG FREAKIN NO!!! ⛔⛔⛔⛔ NO, Niet, Non, Nein, La, Nee, OXI RE MALAKA!!! ⛔⛔⛔⛔ Why?? Don't be lazy, just jump on Decentraland and take a look around. NOTHING WORKS!!!! I'm out, going after things that work and not this kind of hype. Sorry The Fxprofessor
by FX_Professor
16
MANA! TP reachedWe getting some great % gains! Hope you take some! Feel free to keep holding or sell and buy on the dip. Compound Gains makes a Difference. SHIB it might go as well don’t miss the set up. If YOU NOT a hater and support others like this post! It does MAKES A DIFFERENCE This one Falls In our research on swing set ups with a good ratio of Risk and Reward. As always we put quality over quantity, don’t forget to follow us for SWING trades research on risk and Reward Ratio. Subscribe and don’t miss OUT the next research. Swing trading is great because you can create a lot wealth in % by risking less $$. Compound Gains. Thank you for the Love, I really appreciate those likes, makes a difference and pushes me to keep on posting more of these!
COINBASE:MANAUSDLong
by JhonMontana