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Decentraland / TetherUS

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MANAUSDT trade ideas

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
Long
by Nyskohuz
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.
Long
by MyCryptoParadise
MANA/USDT upward momentum?👀🚀MANA Today Analysis💎 Paradisers, it’s time to spotlight #MANAUSDT as it’s showing promising signs of a bullish move. This comes after a key resistance level has transformed into a potential springboard for growth. 💎 Diving into #Decentraland recent market path, it has successfully navigated a descending trendline, breaking upwards. After a rejection at the resistance of $0.5117 and a retest of the trendline, it made a strong move upwards, turning the previous resistance into a support zone. 💎 Currently stationed at this new support level of $0.5117, if #MANA maintains its momentum, we might see a significant bullish movement. 💎 However, for the astute traders among us, it’s crucial to have a Plan B. If #MANA slips below this support level of $0.5117, we should be prepared for a bullish recovery from a slightly lower support at $0.4940. Notably, a breach below this secondary support could lead to a more pronounced downward trend. 🌴💰
Long
by MyCryptoParadise
1
MANA/USDT Could MANA Breakout the crucial area ?? Or rejected💎 MANA has been a prominent player in the market, facing challenges in overcoming the supply area. Recently, MANA experienced a false breakout and is currently striving to regain its position above the supply level. A successful breach of this resistance could probability lead to a significant upward trend, with the bearish OB area being the next anticipated target. 💎 However, if MANA fails to achieve a breakout and remains in consolidation at this resistance level over the next few days, there's a likelihood of facing another rejection. This could result in MANA reversing its course back towards the demand area. 💎 In the demand zone, a strong response is essential for MANA. If it fails to demonstrate a significant rebound from this zone, there's a risk of breaking down further. Such a scenario could signal a shift back to a bearish trend for MANA, potentially leading to a descent towards a stronger support area.
by MyCryptoParadise
1
Be careful crossing the bridge!The probability of growth for this currency is higher, but it is possible to have a correction to the first support range. If the first support range is lost, the most important support range is the price of 0.4646, the possibility of growth from this range can be higher, but if this range is broken, this pattern, i.e. the corner pattern, will be formed and we can see more fall. Therefore, if it reaches the second support range, the analysis should be updated. But what is possible for now is a rise to the first resistance area, which is the price of 0.5498
Long
by karaco2022
2
MANAUSDT Elliott Waves AnalysisHello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. Targets: 0.5 - 0.53 - 0.57 after first target reached move ur stop to breakeven Stop: ~0.33 (depending of ur risk). ALWAYS follow ur RM . RR: 1 to 3 risk is justified Good luck everyone! Follow me on TRADINGView, if you don't want to miss my next analysis or signals. It's not financial advice. Dont Forget, always make your own research before to trade my ideas! Open to any questions and suggestions
Long
by trytofeelpositive
6