MANA SHORTMANA SHORT. Mana just made a bearish head and shoulder pattern, staying below the trendline
MANAUSDT.P trade ideas
MANA DROP APPROXIMATELY 30%First let's continue from where we are presently, meaning this downtrend will continue without any interference hence scenario. Invalidation level is the previous high created last year December. (see page for other scenario) BINANCE:MANAUSDT
PREVIOUS ANALYSIS
MORE ANALYSIS
MANA RETURNING TO $0.31 - WHAT HAPPENS NEXT IS AMAZING - UPDATEThis is the update for BINANCE:MANAUSDT would have have instigate a short for the short term even though it presents 2 risk reward but I will stay clear since it is not up to my minimum 3 risk reward and wait for the major turning point.
In the mid - long term MANA presents to us at least 15-20 risk reward ratio.
There is another scenario but I will refrain from posting since this is the major. Stay tuned and enjoy.
SOME PREVIOUS ANALYSIS
Decentraland(MANA): Should We Buy or Sell?MANA has been pushed to the end of a tight gap where the price is nearing a breakout or breakdown soon.
We are looking here more for that downward movement to happen but we might as well see a quick liquidity breakout, which would result in a price movement towards EMAs
Swallow Team
MANA/USDT Poised for a Possible Bullish Rebound👀🚀MANA Analysi💎 Paradisers, let's zoom in on #MANAUSDT, where the current pattern is signaling the potential for an impressive bullish rebound from its key support zone.
💎 A look at #MANA recent market activity reveals a steep 34% fall after hitting a wall at a significant supply level. However, it has shown some tenacity around the support level of $0.4104, suggesting a possible upward move.
💎 Despite the current challenge in achieving new highs or surpassing previous peaks, leading to a short-term bearish sentiment, the $0.4104 level is crucial. It's poised to possibly catalyze a robust bullish wave if retested.
💎 As forward-thinking traders, we're always equipped with a plan B. Should #MANA falter at the $0.4104 support and go lower, our sights are set on a bullish recovery starting from the lower support at $0.3747. Keep in mind, though, that a drop below this secondary support could signal further downtrends.
MANA projection weekly bullishMana is now trending up in the direction of a resistance. I expect that this resistance will be respected price could make a W formation at the low and then break with speed.
#TOBTC #LQR #MANAimportant Zone as Reisstance are painted on chart
you may set you'r plan with you'r own trigger strategy
good luch
MANA Possible Long Setup#MANA Possible Long Setup
Entry: Now (0.4743)
SL: Hold (will Update it)
Target 1: 0.4996
Target 2: 0.5265
Target 3: 0.5523
Target 4: 0.5954
Decentraland(MANA): Small Bounce!MANA had another attempt to breakdown from EMAs (yet not successful one as of now)
With current market situations, we might see a nice small bounce here before another attempt to break that 200EMA
Swallow Team
Bullish Deep Crab Pattern Manausdtthere was a Bullish Deep Crab Pattern on Manausdt. the first target was touched ,still we hope to get second target. the rsi in the D point is important.it should be under 30.
Short Trade Reset
Bitget
Pair: MANAUSD
Entry 0.4640
Profit 0.3943 (697PIPS) 15.02%
Stop Level (47PIPS) 0.4687 1.01%
RR 14.83%
www.tradingview.com
MANA ANALYSIS🔮 #MANA Analysis 💰💰
🌟🚀 #MANA is trading in a Symmetrical Triangle Pattern and gave a breakout. The price is currently going and showing a good bullish moment. 🚀🚀
🔖 Current Price: $0.4850
⏳️ Target Price: $0.5811
⁉️ What to do?
- We have marked some crucial levels in the chart. We can trade according to the chart and make some profits in #MANA. 🚀💸
🏷Remember, the crypto market is dynamic in nature and changes rapidly, so always use stop loss and take proper knowledge before investments.
#MANA #Cryptocurrency #DYOR
MANA/USDTyou can buy this currency when its close candle closes above the 0.6050 in 4-H or daily time frame
#TOBTC #LQR #MANAin daily time frame mana is below a minor resistance FVG which is to important
breaking this level will lead the way to 0.5384
Allaways DYOR !
MANAUSD - Inverted Cup StructureA cup like recovery is expected (shown in white bars pattern) this allows an up channel to form with initial price movement.
I do expect a retest of the ATH and perhaps even further.
Bullish
Decentraland 100 Bagger (Boom or Bust Lotto Ticket)BINANCE:MANAUSDT
This isn't an investment idea, it's a lotto ticket.
No real analysis here....
I'm just hoping that a combination of a crypto bull market and Apple's VR headset launch in 2024 throw this silly Metaverse coin into the stratosphere.
Technically, it just needs to match the previous cycle's run on a percentage/time basis.
(Market Cap would be somewhere around $100 Billion or more if this works out, which is insane and demonstrates how unlikely this is)
Obviously, this is a boom-bust play and odds are that it goes to zero.
However, if you are a gambling man/woman and accept the boom-bust odds, maybe it's worth a flyer?
Fat_Fat
Mana is it in descending channel?Its very possible for Mana to break this descending channel. However, I don’t like the bearish looking divergence right now and the possibility for ABC correction…need to wait and see before jumping either on long or short.
Decentraland/tz1land - Will the Metaverse be Viable in 2024?A deep dive into a few metaverse projects, 2 years after the hype. Is the concept still alive? Is it a viable business model for Web3, going forward? What has changed since?
Metaverse-esque platforms like Roblox (which sports 200 MILLION users per month) has proven that there is demand for such a product. What do platforms like theirs have that Web3 is missing right now?
MANA/USDT | 1d 👀1. Awaiting a retest of this trend line to initiate a long trade.
2. It's not too late to accumulate the coin at this point.
✅ Stay updated on market news and developments that may influence the price of Decentraland. Positive or negative news can significantly impact the cryptocurrency's value.
✅ Exercise patience and discipline when executing your trading plan. Avoid making impulsive decisions driven by emotions, and adhere to your strategy even during periods of market volatility.
✅ Remember that trading always involves risk, and there are no guarantees of profit. Conduct thorough research, analyze market conditions, and be prepared for various scenarios. Trade only with funds you can afford to lose and avoid excessive risk-taking.
#Crypto #Coins #Decentraland #Trading #MANA
MANA/USDT bullish continuation from demand? 👀🚀MANA Analysis💎 Paradisers, focus your attention on #MANAUSDT, as it's currently showing promising signs. The asset is in a position that strongly suggests a bullish continuation from its current demand zone.
💎 Observing #MANA recent behavior, we noted a rejection at the resistance level of $0.5779. Presently, there are substantial chances for a bullish move from the demand zone at $0.4726. Should the price manage to sustain its momentum above this zone, we anticipate a bullish thrust towards the significant resistance level at $0.7022.
💎 However, in the unpredictable realm of cryptocurrency trading, #MANA traders should be prepared for a variety of market shifts. If the price struggles to maintain its strength at the demand level, a strategic approach might involve gearing up for a bullish rebound from a lower support level, particularly around $0.4277.
💎 Significantly, a drop below this support level would require a thorough reevaluation of strategy, as it may indicate a potential difficulty in upholding a bullish market direction.
MANAUSDT MANA/USDT is retesting its support. It might go upward after retesting; otherwise, there are also two valid support levels. It might also test the lower support zone.
