MANAUSDT
MANA Accumulation phase. BINANCE:MANAUSDT
Last time Mana spent more than 150 days in accumulation zone before uptrend move. Probably if we find out resistance at sellers zone (marked red block) locally, we can drop once again to buyers area (marked green box)
Mana lost 86% since ATH so its good time to accumulate Mana now step by step. If you worry about your investments you can fix 50% of your investments in Mana at sellers zone and leave free coins.
Now we only 80 days in accumulation period, so probably by end of October/November we can formed final bottom and start climbing up.
On chart we can see now so low volume on both sides.
We retested 0.618 Level by FIB on D1 Timeframe and going out of downtrend line, so yes, hypothetically we can trade 80 days more in sideway.
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✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
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MANA is about to explodeYou are with MANA review
MANA has been in a price-time correction phase for a very long time. By examining MANA waves, I came to an interesting structure
We have a large diametric, which is now the analysis image for branch E of this diametric. Branch E itself has become a diametric. Looks like we are now in wave g from E. The g wave of E also appears diametric.
If the price reaches the green box, it is a great buy position.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Decentraland dump incomingUnlike what people thinks, Bitcoin is in the supply zone, what means that it still has to go down towards 20-22K before the bullrun starts.
As all coins follow Bitcoin, Decentraland has to dump around 30% despite the upcoming event.
Decentraland is following a parallel channel, so it is at or below 0.19 dollars the perfect zone to buy.
Not financial advice.
MANA/USD (Decentraland) 1w LONG-TERM MANA/USD (Decentraland) 1w LONG-TERM Analysis.
✨We have witnessed 2 different cycles between 2018 and 2023.
✨It is now 700 days since the peak. the parallel channel has worked well so far.
✨We have reached the end of the 700-day downtrend. the weekly rsi value also confirms this. The centre line of the parallel channel has also worked well.
weekly rsi: 34 Now
>>In the rally towards the end of 2024, I think that mana will be strongly accompanied. I think it will exceed the old ath level.
And we also look MANA/BTC
weekly rsi : 26 (OVERSOLD)
MANAUSDT Elliott Waves Analysis (LONGTERM)Hello friends.
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Everything on the chart.
Entry zone: 0.25 - 0.2
Targets: 0.35 - 0.55 - 0.85
after first target reached move ur stop to breakeven
Stop: (depending of ur risk). ALWAYS follow ur RM .
risk is justified
Good luck everyone!
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It's not financial advice.
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Mana Approaching towards Crucial Resistance in downtrend since 2021 now after a long showing bullish signs formed descending channel in 3 days timeframe
now approaching towards multi year trendline in case of breakout expecting 300 to 320% bullish rally in midterm before taking any entry make sure candle closed upside of descending channel do not enter without breakout
Start of uptrend: 0.3439Hello?
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(MANAUSDT chart)
(1W chart)
The key is whether the price can be maintained above 0.3136 and rise above the MS-Signal indicator.
Accordingly,
1st: 0.3865-0.4490
2nd: 0.6983-0.8387
It is necessary to check whether it can lead to an increase beyond the first and second sections above.
(1D chart)
It is expected that a full-fledged upward trend will begin only when it rises above 0.5914-0.7159.
If the price stays above 0.3061, it is expected to turn into a short-term uptrend.
If it rises above 0.3439, an upward trend is expected to begin.
If it falls below 0.2827, it is highly likely that it will lead to a further decline, so you need to think about a response plan.
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** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
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DECENTRALAND - Impulse, Correction... 200% To Be Made!MANA is showing us a perfect example of an Elliott Wave Impulse, correction, impulse.
We are currently within the correction and looking for Wave B completion.
Will be looking for lower timeframe price action to tell us when to enter with a small stop loss!
Goodluck and as always, trade safe!
MANA/USDT bullish momentum? 👀 🚀 MANA Today Analysis💎 Paradisers, gear up for a fantastic opportunity with MANAUSDT! Currently, it's situated in a demand zone and is setting the stage for a bullish rally👀
💎 MANA is closely following a falling wedge pattern and is on the brink of a breakout. When viewed on a higher time frame, the asset shows significant buying pressure, indicating that short-term bullish moves are likely.
💎 Keep an eye on the pronounced supply zone above; the price is expected to approach this level soon. If you're considering trading Decentraland exercise caution and set a stop-loss at approximately 1.75% of your margin.
Keep your charts updated and Stay one step ahead of the market 🌴
MANAUSD - Slanted StructureI would call this a head and shoulders but it technically it isn't as the head is higher than the right shoulder.
But if you consider the structure to be on an angle you can assume the structure.
With this assumption we can plot a price rise with the right arm of the shoulder.
Important downtrend lines in green.
MANAUSDT - movement in the descending channelHello everyone! According to MANAUSDT, the news is not very comforting. The coin does not plan to change the trend and is moving in a descending channel, approaching its important and strong resistance level of 0.3. But this time the approach to this level is smoother than the fall to it six months ago. Therefore, the probability of breaking through this level is much greater now. I expect the price to reach 0.2 soon.
MANAUSDTThis is a 1D frame analysis for MANAUSDT As you can see, the price is currently fluctuating on its weekly support. We expect it to break above the 4-hour resistance line again and move towards the next resistance line. However, if it fails to break above the support line and fully penetrate below it, you may see lower numbers. Suggestion: Those who intend to buy can do so if the price breaks above the support line for the mid-term and, as I said before, the market is very volatile and there is a possibility of further drops, so make sure to manage your capital accordingly.
Happiness before the fall?MANA currency is close to its downward trend, although it has formed an upward trend in the short term, and now there is a possibility of growth up to the limit of this trend, so there is a possibility of a 10% growth up to the specified range for this cryptocurrency. There are important support and resistance points for this currency. It is within the specified limits
MANA- Bullish& Bearish scenario explainedAfter the high back in February, Mana has re-entered its downtrend.
However, this recent drop stopped again in the 0.3 zone and the coin shily started to rise again.
The touch of 0.44 zone resistance led to a drop and at this moment we have two possible scenarios, both for bulls and for bears.
Bullish scenario:
As I said, the drop from 0.85 stopped again at the 0.3 zone and this could mark a bottom.
Also, in support of this bullish scenario, we have the ascending triangle pattern in which the coin is trading since June.
For this scenario to come into play, we need a break above 0.44 resistance.
In such an instance, the coin could rise to 0.6 zone, and considering a stop loss slightly under 0.4 we found also achieve a 1:3 R:R
Bearish scenario:
Even though we have a reversal from the 0.3 low twice, the trend is still bearish for the coin, and the two days ago reversal from horizontal resistance reinforces the bearish idea.
For confirmation of down continuation, bears need to push the price under 0.4 and in this case, ManaUsdt could make a new low under 0.3 to around 0.25
Sand OutlookI expect a bounce from the current price to two mentioned targets. SAND has been recently added to allowed trading crypto in Hong Kong which pumped the price. Afterwards, it was target by SEC and labelled as a security and price dumped. I am following this token for years now. It is a mid-risky token; therefore, you can take the huge plunge from $0.61 to $0.33 by SEC as a buy opportunity.
MANA Decentraland and the Altcoin Season ThesisIf you haven`t sold MANA here:
Then you should know that the recent developments in the cryptocurrency market, particularly the favorable court ruling for Ripple Labs, signal an optimistic start to a new altcoin season.
With the federal judge ruling that some of Ripple's sales of the XRP token do not fully meet the definition of a securities offering, it instills confidence in the altcoin space.
This ruling brings clarity to the regulatory landscape and alleviates concerns surrounding XRP, leading to major cryptocurrency exchanges, including Coinbase, relisting the token. The reintroduction of XRP to these platforms demonstrates growing acceptance and renewed interest in this altcoin.
The anticipation surrounding the approval of a spot bitcoin ETF in the United States adds to the positive sentiment in the market.
The successful launch of a previously approved ETF in Europe further reinforces the upward trend for altcoins.
The recent court ruling that declared XRP as not a security sets a precedent that could potentially benefit other cryptocurrencies currently classified as securities by the SEC. In the SEC's case against Binance, they designated 10 cryptocurrencies, including BNB, BUSD, SOL, ADA, MATIC, ATOM, SAND, MANA, AXS, and COTI, as securities.
Additionally, in the SEC's lawsuit against Coinbase, they named 13 cryptocurrencies, reinforcing their stance on SOL, ADA, MATIC, SAND, and AXS, and adding CHZ, FLOW, ICP, NEAR, VGX, and NEXO to the list.
This development showcases the increasing institutional acceptance of cryptocurrencies and creates a ripple effect across the market, providing a boost for various altcoins, including MANA Decentraland, for which my price target is $0.50.
Looking forward to read your opinion about it!