MANA in a wedgeThis is cleary a wedge in the forming, I've drawn an hypothetical trajectory looking at VLPR. This is a 3 days timeframe but even the daily candlestick presents that kind of bullish shape, if it closes like that we should see a rise and then I think price should go down again because volume is low and VLPR shows there are not many transactions here.
Note that few transactions mean price moves very quickly so should someone buy here we could even see a breakout attempt but I don't think it'll be the case as metaverse coins are suffering.
If I'm right and you want this stuff you should place some bit between 1.9 and 1.6 USDT and let it ride.
Good luck
Decentraland
Decentraland is coming to a vital demand zone!!! MANA!Decentraland - On the weekly chart we have a confirmed trend to the downside. Making lower lows and lower highs.
On the daily chart we are trending up making higher highs and high lowers. We have a liquidity void @ $3.66 that needs to be filled. We have a little demand zone that price action could react at the $2.60 region to push up. If this fails and we go $2.43 we are going to the downside. I expect a push up start of the week next week to fill the void above. However this could just be a liquidity grab to the downside.
If we can break above $4.oo the bulls have gained control on the higher time frame.
Most alts are coming to a vital demand zones that need hold or more downside is coming. The next week is going to be a vital candle in the direction we are going.
BITCOIN Daily TA : 02.19.22 $BTCAs you can see, the price broke its uptrend and closed below the 50-day moving average (50MA) , The next bearish target will be in the range of 39300 $ to 39700 $ and after that 34000 $ to 36800 $ ...
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👤 Arman Shaban : @ArmanShabanTrading
📅 19.Feb.22
⚠️(DYOR)
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Ripple Daily TA : 02.19.22 $XRPAll the supports and resistances are marked on the chart and everything is clear in this analysis , but , just in case , if you had any questions or doubts Please feel free to ask in the Comment section .
Follow our other analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 19.Feb.22
⚠️(DYOR)
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BNBUSDT Daily TA : 02.19.22 $BNBAll the supports and resistances are marked on the chart and everything is clear in this analysis , but , just in case , if you had any questions or doubts Please feel free to ask in the Comment section .
Follow our other analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 19.Feb.22
⚠️(DYOR)
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Could be worse?Of course. MANA actually looks good on the chart, bouncing off the support of the Blue ascending channel. Furthmore, should MANA break upwards from the potential triangle @ $3.29, the target for said triangle has confluence with the top of the ascending channel, just above $4. I understand why investors are choosing less risky investments when there is a potential crisis in Ukraine. I do not understand why investors pull back when news of inflation hikes hits the news because crypto is an excellent solution to that instability. What it says is that the masses are still educating themselves in this industry...just not keeping up. On the down side, I fear if this support fails, $2.60(fib), $2.45, $2.15 all become potential support.
BITCOIN Daily TA : 02.18.22 $BTCAs you can see, the price broke its uptrend and closed below the 50-day moving average (50MA) , The next bearish target will be in the range of 39300 $ to 39700 $ and after that 34000 $ to 36800 $ ...
Follow our other analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 18.Feb.22
⚠️(DYOR)
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Zooming in on MANABTC is behaving, bullishly bouncing off its support, poised to break $45k with resistance around $45,150 area. Sometimes after MANA rallies, it takes a break and the other tokens take a turn. I was concerned about yesterday's rally being shorted after Samsung's V-day novelty wore off, but thanks to JP Morgan stepping into Decentraland, MANA is following its path to the next levels. I zoomed in on the 1hr to illustrate where MANA is at and where it will have minor resistances on its way up to the next targets. This is not financial advice. MANA does need to break $3.41 or risk creating a short-term H&S. An hour ago, I was keeping an eye on the $3.16 level. Should MANA drop below this support, a drop to $2.97 is likely. Don't get me wrong, I believe MANA will hit $2.97 in the future, BUT I think it will hit $3.88, $4.34, maybe $5.10 first. Again, not financial advice...but yes, MANA is following all the fundamentals.
DECENTRALAND (MANA) 62 Fibonacci ❌🧨My previous analysis hit the target 💣🐳💣
and now
here we have signs for the correction to the downside ❌
if the support area here breaks by the price, we can expect more dump, at least to 62 Fibonacci ❌🧨
and then
if the price stay above the 62 Fibonacci, we can see gain for the price ✔️
Please, feel free to ask your question, write it in the comments below, and I will answer.
🐋
MANA - Sorry Guys, we got smashed YesterdayUnfortunately we can not get all of the right but we will get most of them right as proven.
MANA trade went bad yesterday and we also hit the stop loss. It happens to everyone, it happens to us sometimes too.
In any case, MANA breached over resistance and here is our updated chart.
One Love,
the FXPROFESSOR
MANA: WILL METAVERSE TAKE THE MARKET BY STORM?Some points to mention regarding the chart:
1. The significant role of MA21.
2. The steady and consistent volume, albeit at lower levels compared to the previous bull rally.
3. The 2.5 - 3.5. is of great significance considering the price history in this region. The manner of breakout is consequential.
I am 250% Bullish......and patient. The chart really hasn't changed. Mana bounced off of the lower trend line (BLUE). Months ago, I started illustrating MANA's progression through Cup and Handle patterns, one leading into another, acknowledging the function of time as an unknown. Time is on our side, as the patterns play out, the deeper the head, the higher the target. Same concept is illustrated today using micro and macro Inverse Head and Shoulder patterns as projected through resistances and their relationship to the Fib .5.
Although this is the daily chart to show the big picture, zoomed in on the 2hr, MANA is currently completing an Inverse H&S (ORANGE) with a target in the $3.33 range. This will leave MANA in last week's position, needing to close above last week's high of $3.55, hopefully with more strength from the recent drop. This would lead to $3.64 and then the $3.80 area, completing another Inverse H&S (GREEN) with a target around the ATH. From the ATH, MANA would complete the macro Inverse H&S (PURPLE) with a target of around $10. There is no data above the ATH and MANA may see the same parabolic pump, (1/2 around 250% from current price, but 500% higher than the Fib. low @ $1.71). Just as what goes up always comes down, that which comes down, will again go up. The industry is growing (just beginning), not shrinking. These are just my ideas and not financial advice. I do not recommend using this chart as a function of time...I truncated it to fit in the screen. I am not expecting anything below $2. What happens after $10? Depending upon when THAT happens, probably a drop to $4.90 in early October or $5.90 at the end of December...not crazy talk, just when the lower support that now sits around $2 would hit projected Fib. retracements after $10...so who knows?
Link to 2hr time frame:
Ethereum Daily TA : 02.14.22 $ETHAs you can see , the price reacted negatively after reaching its resistance X-Point and started to correct from $ 3280 and is currently trading in the range of $ 2900, the price has lost its uptrend support but still has the dynamic support of the broken downtrend. If this range is also broken, the important support ranges are $ 2650 to $ 2800 and $ 2150 to $ 2500, respectively. These are the ranges that can be a PRZ , the next important PRZ is the price lowest price in July 20, 2021, which is in the range of $ 1700 to $ 1850!
Resistanses are $ 3190 to $ 3400 and $ 3700 to $ 3900, respectively.
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⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 14.Feb.22
⚠️(DYOR)
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MANA 15 min Chart - FEB 13-14 - FED Reaction watchMANA also seems to be building up pressure. I think either way it goes tomorrow this is where i look at use case. my child introduced me to the power of game spending when i got an amex call saying they just spent 2000 on some gems to buy an outfit for a new character. This market is riding the crypto wave but is Powered by the gaming generation and has a solid reason to belief value. The fed is almost using these meeting announcements as market manipulation and honestly i wouldn't mind if they would write some bills that allow then to invest and make money and that has to go directly towards the national debt. Otherwise they skirt to much towards their own pocket and not the countries. we should be allowed, as a country, to hire a new finance manager. I vote Bitcoin.
Mana at Daily supportMana seems to have found strong support at converging 50MA/EMA while also tagging super trend. Also at Horizontal support that perfectly lines up with .382 fib level. .236 fib also lines up with what should now be HZ resistance. If $btc is at bottom of channel and heads back up to 46k, watch for $mana to make another strong move.
BITCOIN Daily TA : 02.11.22 $BTCAs you can see, the price reacted negatively when it reached to $ 45,800 range and formed a bearish Pinbar . If the price closes below $ 42,200 , I expect it to fall to the 41K range as the first bearish target. If the price can consolidate above $ 42,200 , we can expect another bullish move, at least up to 46K.
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⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 11.Feb.22
⚠️(DYOR)
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SOLANA Daily TA : 02.11.22 $SOLAll the supports and resistances are marked on the chart and everything is clear in this analysis , but , just in case , if you had any questions or doubts Please feel free to ask in the Comment section .
Follow our other analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 11.Feb.22
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️