MANAUSD trade ideas
MANAUSD Don't let this pump fool youWe haven't looked into Decentraland (MANAUSD) since June 03, where we called for a bearish continuation unless the 1.13500 Resistance broke:
As you see the Channel Down extended and the Resistance hasn't been broken up to this date. Despite today's +10% rise, the price remains below all 1D MA50 (blue trend-line), 1D MA100 (green trend-line) and 1D MA200 (orange trend-line), always within the 6 month Channel Down.
As a result we should have high hopes on this short-term rise, the only pattern showing a bullish extension is the mid-May/ June fractal showing a Channel Up but still that would be limited to the 1D MA200. Only a break above the 0.74500 (Resistance 1) level can be considered as a long-term bullish break-out.
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DECENTRALAND (MANA) about to bottom in a few hoursBeen Watching MANA for a minute and it either just bottomed or it is about to.
My target is ~.2910 and it has a little bit of play left to make that target.
Not sure what my target are for the new cycle though will know in a few days.
Good luck and Tight Stop losses!
MANAUSD 'D' - Sitting on a Cliff Edge!MANAUSD is looking a little precarious right now, it's just broken below a recent (and historic) level of support with not much in the way of resistance until a healthy 20% drop has taken place. Not to worry, Crypto Tipster v2 is offering us a Short signal, profits to be made on market swings in either direction!
We'd set a reasonably tight Stop on this Short trade, with a take profit somewhere between the 15-25% mark depending on your attitude to risk/reward.
MANA retrace to the trend line The bear market trend resistance will act like a magnet until it breaks so as a counter trend trade it can be traded until it will be hit.
MANA/USDMANA/USD short. I am new trader I saw short position oppurtunty on MANA because of the resistance line can somebody rate my chart I am begginer btw.
How likley is this to happen in my life timeThe Mana coin has reached a support level, which could indicate a trend reversal, this project has great potential.
Buy and Hold mana x5 or x10 incomingMana price is clinging to the 9ma on the daily charts.
I always plot the 9 period moving average on charts, when price clings to it in parabolic moves it helps me stay with the trend, here mana is doing the same.
Hold this one, I posted about Facebook (meta) last week and we saw great day trading profits on that last week. METAVERSE stocks and crypto are your big plays alongside other crypto over the next year. Mana is severely undervalued here with a low market cap compared to shib and doge. Buy and or hold.
mana usdt 1 week /decentraland mana usdt 1 week /decentraland
metaverse bı
dolar dxy crypto
long go usdt tether
mana price action tradesI firmly believe in human behavioral patterns and price movements of course taking into considerations of real world social issues, economics etc.Mana is very much headed to test the .88 cents level by sometime in December.
REASONS WHY !
it hasn't retested that 0.8 level yet.
Rsi indicator hasnt reached the consistant oversold resistance rsi level on the day chart.
usually a slow two month movement on these levels with lower trading volume then higher levels
higher levels top/bottom are 30 days apart
SIDENOTE
After hitting that level i would be looking for prices to start to explode,I think with high inflation of usd looking to grow by aggressive rates retail investors wont have the money to but institutional players and banks will continue to make theyre way over as fidelity has been one of the latest.I dont see how its not perfect timing for the wealth transfer to start dont think the market will move as heavily waiting on retail,The greatest things are being built & people are getting richer when the world is in turmoil!! This next bottom that people are spaking on i think its already here.
if you oppose to this id love to talk about it
DECENTRLAND LONG IDEAMANA seems it wants higher, there's some overhead supply to break through, if we can enough buying pressure. I'm targeting TP 1 @ 0.67 and TP 2 @ 0.70, we could possibly move higher into the longer term range of 0.82. Trade Safe
DECENTRALAND TO $1.10See long idea for MANA going to $1.10, leave a comment. Let me know your thoughts.
Best,
Brothers In Bitcoin
MANAUSD (1H) - Bearish breakoutHi Traders
MANAUSD (1H Timeframe)
The market is in a downtrend and we are waiting for an entry signal to go SHORT below the 0.5980 support level. Only the upward break of 0.6220 would cancel the bearish scenario.
Trade details
Entry: 0.5980
Stop loss: 0.6220
Take profit 1: 0.5830
Take profit 2: 0.5590
Score: 8
Strategy: Bearish breakout
Why Is MANA Pumping?Why Is MANA Pumping?
Binance US to list Sandbox, $SAND October 5, 2022.
Expect a possible case of buy the rumor, sell the news as SAND/USD and SAND/USDT Trading start October 5, 2022 at 5 a.m. PDT / 8 a.m. EDT.
Noteworthy:
Do not forget the historical wise saying, "Never invest more than you can afford to lose."
Not a financial advise, I suggest using this only as a guide - Do your own research.
Let us know what you think about this subject in the comments section below.
Kindly support this idea with your like and comment, thank you.
MANA/GALA - SHORT RALLYAll crypto's are on a huge run. Take advantage of the rally. We still have time before it ends.
Decentraland shortDecentraland bounced off the resistance area. Asset bounced down off the bearish trendline. Decline to support level at 0.672 is expected to happen.
MANAUSD (MANA) - Quick short opportunity Quick short opportunity for MANA. Looks like the current candle is struggling to break local resistance and could tumble. 5 min charts need to come back down to earth as per say.
MANA must hold 0.604 till Nov to target 1.68. Or 0.375 D.bottomMANA may complete the double channel expansion till November 2022. Sine June low, it has just been
Consolidating above my 1.618 zone above 0.604. If it holds then the next target will be 1.68. Otherwise
0.375 will be retested to form a double bottom first.
Not trading advice
MANAUSD Long HedgeOpen a long psoition just to hedge my 2 short position.
BTC seems to be in between breakouts. Not clear about the directio, but the breakout will be massive.
If BTC breaks out up, MANA long will be a good hedge.
MANAUSD Quadruple BottomFirst scenario (double bottom) led to breakout
Current scenario (double bottom, forming the quadruple bottom!) will lead to same result? I assume.
Descending broadening wedge patternPretty new still so take it easy.
I see a broadening wedge pattern here and decending means likely reversal at least short term. Looking to see it hit 1.04.
