Mana to $5 easy - Short termIt's been consolidating nicely on $2.6-3.5 price range.
Bullish pennant and continuation almost on all time frames.
Oversold on the hourly chart, good entry at current prices(2.7-2.8)
Volume has subsided but once it breaks the pennant to the upside, huge volume will come in. Will be very volatile, may actually reach $6
Trade with caution, I wouldn't recommend going short at these levels. High probability of huge upside move incoming in the next day or so.
Leave any feedback below:)
MANAUSDT
MANA Decentraland next upcoming move on small time frameMANAUSDT has take a correction after moving exceptionally. if it doesn't breaks its support on small time frame i.e. on hourly time frame we can see a move above. On the contrary if it breaks and closes below 2.56 an attempt to short it can be made.
Long idea:
Entry : Current Price
Stop Loss : 2.56
Take Profit : 4.90
Short idea:
Entry : if candle close below 2,56
Stop Loss : 2.4
Take Profit : 1.35
MANA / USDT (Decentraland). What will happen next? Upside run?Wow, what a weekend for MANA (Decentraland)! It has fallen significantly, but could we see another run upwards?
Remember to trade safely with this one as it is relatively volatile.
Enter a long position if/when it breaks out.
Take profit ideas:
TG1 - 3.53$
TG2 - 3.78$
TG3 - 4.18$
TG4 - 4.5$
I keep it simple and clean!
Likes, comments, and follows are dearly appreciated.
Let me know what you think and which ones you would like for me to analyze next.
Trade safely!
MANA crawling slowly but surelyAfter breaking out of the bull flag MANA did not explode but its crawling slowly increasing the price steadly, however the 3.4-3.5 price range seems to be a big supply zone. Hoping that the uptrend holds and it grinds the supply zone which will make it lead easilly to a new ATH. Fibo 0.382 just too strong for the moment.
$MANAUSDT Target PTs 9-12.50 and higherDecentraland Coin Price & Market Data
Decentraland price today is $3.18 with a 24-hour trading volume of $7,755,788,654. MANA price is up 20.7% in the last 24 hours. It has a circulating supply of 1.3 Billion MANA coins and a total supply of 2.19 Billion. If you are looking to buy or sell Decentraland, Binance is currently the most active exchange.
What is Decentraland?
Have you read or watched Ready Player One? If you have then you know where we are headed. Decentraland is a decentralized VR (virtual reality) world that is powered by the Ethereum blockchain. In this virtual world, you can purchase land, build it, monetize, and immerse into the applications and content that is built by other users. What distinguishes Decentraland from other VR projects is its decentralized nature. Land and in-game currency are powered by the Ethereum blockchain which give users complete ownership and promotes transparency.
What is MANA?
MANA refers to the native currency in Decentraland. It is an ERC-20 token powered by the Ethereum blockchain. Users can currently use MANA to purchase LAND and also pay for goods and services in Decentraland. MANA token can be purchased from various centralized exchanges, decentralized exchanges, and swap services.
What is LAND?
The concept of LAND in Decentraland refers to a parcel of land in the 3D virtual world. LAND is a non-fundigble token (NFT) powered by the Ethereum blockchain. Users have the opportunity to permanently own any LAND they purchase as the land titles are all traceable through the blockchain. They would then have total control on any 3D scenes they would like to build on the LAND. Individual parcels of land can be combined into estates to form larger plots of land. You may purchase LAND from secondary markets such as the Marketplace or OpenSea.
How do I keep my MANA safe?
Since MANA is an ERC-20 token, you can store it in any Ethereum compatible wallet. To stay secure, a good recommendation would be to use a hardware wallet such as Trezor or Ledger. If you are looking to interact with the Decentraland smart contracts, you an opt for wallets such as Metamask, MyEtherWallet, or MyCrypto.