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MANAUSDT trade ideas

The price has hit a key resistance in the $0.577-$0.650 rangeMANA has recorded a growth of over 30% in the last 24 hours. The price has hit a key resistance in the $0.577-$0.650 range, and this strong upside move has pushed the price out of the main bearish channel. There is a possibility of a negative reaction and the formation of a range zone for MANA. The trend change has been observed for some time in the daily timeframe, and pullbacks to support points can bring a positive reaction. The first and closest valid support is considered to be in the range of $0.485-0.458, which, hitting this level if there is a positive reaction, can bring the price back to the previous ceiling in the range of $0.650.
by MonoCoinSignal
5
MANA: Resistance Breakout!Decentraland (MANA) technical analysis: Trade setup : Price bounced off of $0.30 support and broke back above $0.35 resistance, with robust volumes (healthy demand from buyers). Momentum is bullish (MACD, RSI). (set a price alert). MANA and other metaverse projects (ENJ) have failed to sustain growth in their usage after initial burst of activity nearly two years ago. Trend : Uptrend on Short-Term basis and Downtrend on Medium- and Long-Term basis. Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55). Support and Resistance : Nearest Support Zone is $0.30. The nearest Resistance Zone is $0.35, which it broke, then $0.62.
Long
by altFINS
✴️ Decentraland Hits Bottom, Bullish Cycle To Follow!We have the same situation here as we saw on the MANABTC pair (check 'Related Ideas' below)... The RSI at its lowest level ever, trading volume decreasing to almost zero as new lows continue to be hit... The bear cycle here produced a 95.19% wave, that is minus/negative (-95.19%). If this isn't the bottom we can very easily say that we are very close to it... This is the greatest thing about trading... On the way down you can only lose 100%, maximum.. On the way up you can go to 300, 500, 800% or more. Look at Dogecoin back in 2021, over 5,000% and the downside is always limited, the upside has no limit... Welcome to my world. You can clearly define your risk but there is no limit as to how much you wan win. Ok, this is a long-term chart, we are using the weekly timeframe. Time to grow! Very simple! You can pick your target... My job is to alert you when the trend is about to change so that you can buy early... Once things start moving up you are a winner, regardless if you take out 70% (easy), 200%, 370% or 10,000%... Whatever you do and how you do it is completely up to you. My job is to shake you and tell you... "Wake Up, Things Are About To Get Good!" A massive bullish wave is upon us... It cannot be stopped, the market wants it, the market supports it... The bullish wave is the market. Just as we lose money when the bear market is in full swing, regardless of how hard we try we still see loss after loss... When the cryptocurrency market goes bullish, it will send money to your pockets even against your own will but if you plan now you can maximize your results. Namaste.
Long
by AlanSantana
2
Mana is very technical & BullishHello everyone, As per the simple technique of smart money concept practices, there is a premium and discount zone on every asset while ranging right now mana rebound and printed a inverse head and shoulder along with good market structure to upside, my overall target is 0.5 of this Gan box which can hit and reject hard ! so becareful in your positions and take profit dont be greedy trading is always risky and 90% of the traders lost so only do paper trades and practice makes the men perfect. regards, Hedgers.
Long
by TheHedgerss
A reversal pattern is formingDuring the last weeks, MANA stopped its downward trend at the support area of $0.30, and it is forming a reversal pattern. Confirmation of this pattern requires buyers to push the price back above the $0.35 range. In this situation, the RSI indicator has also formed a positive divergence, so if the RSI returns above the number 44 in the daily time frame, we can expect the formed floor to be a significant support for the trend change. The short-term targets we can consider are $0.35 and $0.42. The second resistance is at the ceiling of the descending channel and can have a strong negative reaction. Therefore, the saving range of profit for buyers will be short-term. For the short term, three bullish candles with larger bodies than shadows can be a sign of buyers gaining strength, which we expect to see a further increase in price this week.
by MonoCoinSignal
10
what will happen to MANAUSDT after 100% fallinghello as you can see MANAUSDT is in the support key level and after nearly 5 months of falling it may be time to increase a little after touching the lowest level of the channel all you need to know is in the chart good lock The information provided on this Page does not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the website's content as such. this page does not recommend that any cryptocurrency should be bought, sold, or held by you. Do conduct your own due diligence and consult your financial advisor before making any investment decisions
Long
by expay24