Mana bull flag breakoutHi,
We are looking at the 1 hour chart of mana/usd.
"Grayscale acquires huge amounts of mana"
The gaming industry has strong growth potential. "The future is faster than you think".
People like to play games. Machiavelli would confirm the previous.
So what does the above mean? It means: "buckle up your seatbelt dorothy, because <1$ is going bye bye". (I took the red pill)
This is not financial advice, I am not a financial advisor.
Press the like button!
Leave a comment in the comments section!
MANAUSD trade ideas
2021/4/8 MANA/USD Cup and Handle MANAUSD 4H
If it can breakout the purple bearish channel
and stop loss at the red line (0.8357)
1st target will be 1(1.21)
If 4H close higher than 1(1.21)
The cup and handle pattern will be confirm
2nd target will be 1.272~1.382(1.4869~1.5989)
3rd target will be 1.618(1.8391)
MANAUSD TA Time 30-3-2021Greetings fellow traders!
If this the most recent, then mana is about retest the support. It looks like mana wants to evolve into a bull pattern, bull flag or ascending triangle. Retesting is a support is quite inevitable at this point.
Short- & Mid-term: Bearish
Long-Term: Bullish
Good luck, be careful and may the trend gods be with you!
Decentraland (MANA) 29/03/21 UpdatePrice is currently consolidating after a push to the upside over the weekend. Still above the 20 and 50 moving average so bulls are still in control.Wait for price to exhaust a bit more and set your buys around the golden zone of 0.99000 which would be between the 50% and 61.8% Fibonacci levels. For a slightly more conservative entry you can also wait till price goes back to support level/trend line (0.80000).