MANAUSDT_0BF6D9 trade ideas
Decentraland (MANA) - April 9hello?
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(MANAUSDT 1W chart)
2.2 or higher: Expected to create a new wave.
(1D chart)
(buy)
- After confirming that it is supported in 2.2 or higher
(Stop Loss)
- When it falls below 2.1178 and receives resistance
(Sell)
- When resistance is received in the range of 3.2690-3.6862
- When receiving resistance near 4.9455
If it rises above 2.9026, a sharp move is expected, so trade cautiously.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move accordingly as price and volume move.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet.
(Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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🔥 MANA Bearish Break Out: Uncertain Times AheadIf you've followed my analyses, you know that I've been monitoring MANA's bullish channel for quite some time. In my previous post about MANA I talked about this bullish channel and expected a bullish move.
After an initial run-up, MANA saw some red days in a row, which led to a bearish break out of the pattern. In recent days, the market outlook has shifted from being very bullish to being uncertain with a bearish tone. Where most investors expected calmer times ahead, things got more volatile with the most recent FED statements about interest rates. If you have any questions about interest rates, please check out my post below where I explain why they are important.
With a bearish break out confirmed, it's uncertain where MANA will go from now. A re-test of the $2 support is very possible if the markets stay the way they are. Best thing to do now is to wait for clarity on the direction. Patience will pay off in the long-run.
Happy trading!
MANA/USDT by CryptoTradersWWPrice is reaching the falling triangle's apex, indicating that a substantial move is on the way.
With a pattern like this, it's critical to stay neutral until we see evidence of a breakthrough.
Below the $2 support, there is a large hole, which might lead to a rapid decline if this level is lost as support. The bulls will have to work a little harder to invalidate this bearish pattern and take out the previous lower high of $3.48.
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MANAHello
MANA Map in the near future can be Disceland with Mana's abbreviation is a digital currency or a form of digital assets, with a market value of about $ 4.89 billion in 33 markets and has a share of 0.21% of the entire market.
Each unit of Discelland at this moment with $ 2.65.
The volume of its daily exchanges is $ 450.58 million.
Price dropped 1.51% in recent 24 hours.
The highest price of Discnelland in the history of (25 November 2021) is $ 5.90, which is now 55.05 below the time.
The number of discontinuation units will be 1.84 billion and its total units will be 2.19 billion.
Currently, the most active currency exchange area in which Disceland is traded, the Binance currency exchange with a share of 24.97% of the daily trading volume.
MANA giant rising wedgeMANA / USDT
In high time frames
We can see giant rising wedge pattern
If trendline support hold for next days
Expecting a strong bounce
Keep in mind we still have strong resistance (red color ) in my chart ONLY after crossing it mana will be ready to do massive jump like in past
Best of wishes
MANA | Getting Ready for Massive Breakout..!!
#MANA (Update)
In daily timeframe, MANA has been Moving in Symmetrical Triangle Pattern.
Seems like Ready for Another Massive Bullish Wave.
If Triangle Broken Upside, Expecting Massive Bullish Wave like October 2021 (History will just repeat itself. ✍️)
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