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Decentraland

MANA- New ATHs in 2022MANA, Decentraland is a key player in the Metaverse sphere. No matter how we personally prefer sandbox and everdome, this is a bullish chart and will keep outperforming the market. News: BITCOIN- Updated Mini-chart Bitcoin jumps 10%, climbs past $40,000 for first time in 2 weeks The world’s largest cryptocurrency climbed by the most in more than three months. The big cryptocurrencies have been largely trapped in a range over the past couple of weeks, after experiencing widespread declines in January. Bitcoin gained the most in more than three months as investors show signs of renewed risk appetite following a volatile week across financial markets. The largest cryptocurrency by market value jumped as much as 9.4% to $40,426, the most since Oct. 15. It hasn’t been above $40,000 in more than two weeks. Ether climbed as much as 11%. Even SOL, the native currency of the Solana blockchain that has tumbled in the wake of the Wormhole project hack, surged about 10%. You had been warned: 1. Our projection at the last post of 2021 was a dip first to 38k (finally it was 34k) and a rise to 79k (hopefully we are JUST A TINY BIT wrong again and it goes to 80k+): BITCOIN 2022 - 38k First - 79k Then 2. We bought the dip perfectly and shared it here with you: BITCOIN- Is this the Rainbow 3. Despite the FUD and some negative comments from some of you, we had estimated the NFP will play a role and it did. From now on: start understanding the fundamentals: BITCOIN - Video Update (NFP tomorrow will be HUGE!) 04:07 Hope you enjoy our charts and analysis. One Love, the FXPROFESSOR
Long
by FX_Professor
1
$MANA showing some strengthThere will need to be confirmed with a strong close on the daily candle but it MANA is looking very bullish. It has broken a 2-month downtrend with gusto on good volume (roughly 12 million above the 20 day MA), passed a test of the 50 RSI, and is on the verge of a bullish MACD cross. With there now being ETF's for the Metaverse and awareness and adoption rapidly increasing, it is a no-brainer that MANA will go up in value as more and more users join the metaverse and increase transactions/advertisements/DAU/time spent in the metaverse. The technical set-up is really nice too.
COINBASE:MANAUSDLong
by EBITDAtiger
$9 AprilMANA is positioned to hit $2.98. Should MANA get through the $3 psych. resistance, it will be set up for a move to $4.15 with a lot of resistance in the $3.50 area. Breaking the trend line around $3.50 opens the gate to an easy path towards $4.15. I anticipate a 15% drop at that time to retest the former resistance before heading up to $5.40. A sharp drop to $4.22 or even the former resistance line (around $3.20 when the time comes), followed by a parabolic shot to $9.23. This is just an idea, as it will have to get there sometime...and not financial advice. MANA needs to break $3.50 first. This bullish theory will be invalidated with a drop below $2.30.
MLong
by keykomg
Will the Bulls continue?In the past 24 hours, MANA has broken resistance, converted it to support, and is heading towards $3 after slight resistance at $2.88. Should bulls continue, MANA has a little resistance at $3.14, and significant work to do at $3.23, $3.90, $4.43. Many attribute MANA's initial spike because it "sounded" like Meta when FB changed names. This definitely brought attention to the asset, slid with Meta's recent earnings report but has since broken away into an ascending channel. The C&H pattern will break this short-term ascending channel, finding confluence with the 50MA around $2.98. It looks like BTC should be breaking $38k soon too. This is not financial advice.
MLong
by keykomg
1
MANA 35%-56% Rally!If BTC behaves, nothing is stopping MANA from rallying 35% or 56%, depending upon which path it follows. I put the Fib chart up, as I think MANA will face some resistance at $3.31. The C&H has a target of $3.90 (purple). The target from the massive descending wedge is $4.41 (green), 56% above today's high and 73% above the breakout. These targets both line up with the resistance lines (red dot) that I drew back on January 3rd which gives some confluence to these patterns' formation. There may be some typical resistance around $3.50 as well. RSI is 53 on the daily chart, with plenty of room to run. MANA may test support at $2.50, top of the channel it just broke, before heading up? These are just ideas and not financial advice. I'm looking for BTC to break $40k and $42k to be a catalyst for this rally.
MLong
by keykomg
Still on track I love MATIC. I remember researching it back in early 2020, trading it around .017....liquidated it...some millionaire teen from England was moving millions from BTC and ETH over to the project and I just put my standard test amount of $3k at a dip to .013, watched it drop to .011, pit in my stomach grew, but let it ride until I received a notification a couple of months later when it sold at my .25 target...and of course, it spiked to .54 a week later...and then exploded. It is a great project and one of the earlier ones that I felt had more application than the other coins with low market capital at the time. I've been wanting to get back into MATIC, and finally took advantage of the last big dip, catching it at $1.35, above it's $1.30 bottom, upping my investment as it has proven itself as a major player. I'm not going to sell it this time around. Just going to trade it like crazy...I like its relative predictability. It's just a good product with real intrinsic value. As I indicated in a reply to viewer @majinjoe in the hour following my last post, the potential for a small dip to $1.50-$1.55. MATIC dipped to find good support at $1.53 area this morning. The C&H target doesn't necessarily change. How we get there does, slightly. I kept the old lines, added shorter-term targets to the chart and then a couple more should I have time to watch it like a hawk. One reason for me to watch closely is the forever potential for a downside. It is always important to be prepared. I don't really see anything crazy but will watch the potential for the formation of the descending channel in RED. I won't get spooked if it drops from the current 1.59 back to 1.54, creating a little "W" on its way back up to the resistance (15min chart). My short-term targets are $1.85, $1.96, $2.11-$2.15, and $2.19...followed by potential for $2.45 and $3.05. I don't recommend trading all of these levels because this is not financial advice...and they are risky trades. I've been keeping extremely tight Stop Losses these days and my MATIC is actually above what I paid for it @ $1.4498 and will surely buy back in @ $1.35, accumulating an extra 1000 tokens. Good luck.
MLong
by keykomg
3
MANA Decentraland: 1D Chart ReviewHello friends, today you can review the technical analysis idea on a 1D linear scale chart for Decentraland (MANAUSD). The chart is self-explanatory. Please review the chart for all my notes. Included in the chart: Trend line, Support and Resistance Lines, RSI, MFI, Resistance Zone, Ichimoku Cloud, Volume, Simple Moving Average. If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below. I have a bunch of additional recent charts below on cryptocurrencies to review. Check them out! Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
M
by MillionaireEconomics
Bitcoin Daily TA : 01.31.22 : $BTCWell, as you can see, the price reacted negatively to the zone that i mentioned before and started to correct from the same range , now the price is trading in the 37K range , and if the price closes below $ 36,600, we can expect it to fall to the specified targets that i told in the previous analysis . 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 📅 31.Jan.22 ⚠️(DYOR) ❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
COINBASE:BTCUSDShort
by ArmanShabanTrading
1
MANA, false breakout as a good selling opportunity!A key level can be identified on the MANA chart. The price broke through this level, but immediately closed below this level. This is a false breakout. You can also note the large volume at the top. This is a negative signal. Therefore, a false breakout can be a good opportunity to open a sell position. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade.
by Yuriy_Bishko
10
Will the Fed's Interest Rate Hikes Be Good or Bad for Crypto?It's probably going to be a tough market in the short term, but the interest rate hikes of 22' is exactly what the economy needs right now. Reducing access to cheap loans should curb the frenzied markets, at least somewhat. (Though given how low the rates are projected to be, probably not enough.) What does this mean for crypto? Well, that's the big question everyone is asking now. They said that Evergrande and cryptocurrency would go down together, but that didn't turn out to be the case. Will the same happen to USD? In a way, 22' is going to be a big test for how resilient the USD really is. Politics has been warping the numbers lately but inflation is the lie detector that will reveal the truth about the US economy. American Exceptionalism? Or will it follow the same pattern China did? Time will tell. (If you're a crypto supporter like me, you're hoping for the latter, of course.)
Long
by RyanTanaka
Minor retrace to support?This chart reviews how we got to where we are today. The Inverse H&S reached its target then dropped to the Fib .382. I put my buy at the .5 Fib. slightly panicked, all for not. From last week's low to the .382 Fib, a new baseline has been drawn. MANA has formed a symmetrical triangle and broken out and is forming a smaller one now. There could be a short-term trend change forming in a bearish ascending wedge (BLUE) that would have a target, not coincidently, at the RED support line. I am keeping an eye on 3 moves. 1. breaking the upper BLUE line and continuing with the ascending channel...or failing and returning to RED line, wherever that may be. 2. breaking the lower BLUE line, finding support at the lower GREEN ascending channel and continuing higher. 3. breaking from the small triangle that is forming with a target of $2.50, which, not coincidently, lines up with the center of the GREEN ascending wedge. 4. This is not financial advice.
MLong
by keykomg
ANTUSDT Signal for HODL : 01.30.22 $ANTAll the important levels of support and resistance are marked on the chart. In this analysis, we will identify good entry points for you so that you can buy in these ranges when the market falls further . 📊 First Entry Point : $ 3.97 - 4.5 (Range) 📊 Second Entry Point : $ 2.79 - 3.39 (Range) 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 📅 30.Jan.22 ⚠️(DYOR) ❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
ALong
by ArmanShabanTrading
3
Bitcoin Daily TA : 01.29.22 : $BTCWell , as you can see the price is still in the important resistance range that I mentioned in the previous analysis, the first scenario is still strong rejection from this zone and drop to lower levels , targets are $ 35,500, $ 34,000, 31,800 $ And $ 30,300, and if these two last important supports breaks , the next target will be $ 28,800. The second scenario is much less likely (But Still Likely) that the price break 40K X-Point range and consolidate above 42K , The first major target will be $ 50,800 . 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 📅 29.Jan.22 ⚠️(DYOR) ❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
Short
by ArmanShabanTrading
9
Process of Elimination...Mana moving up!Yesterday MANA was showing three potential paths upwards, all ascending channels. Now we can eliminate the Blue and Pink channels, left with the green. WARNING: Should MANA hit $2.04 before rising to $2.28ish, I am keeping an eye on a Head and Shoulders pattern that would have a target back down in the $1.80's. Kinda hopeful for that because it would make a great trade...but not financial advice because it would be, in my opinion, a very risky trade. So, I have alerts set at $2.05 and $2.25, will reassess when one of them goes off. My hunch is that there seems to be enough support, leaving wicks on lower time frames, at the bottom of the channel (around $2.10 at the time of this analysis). Good luck. The Fed. seems inconsequential for the month ahead. BTC is still flirting with the $35k range.
MLong
by keykomg
SANDBOX Signal for HODL: 01.27.22 $SANDAll the important levels of support and resistance are marked on the chart. In this analysis, we will identify good entry points for you so that you can buy in these ranges when the market falls further . 📊 First Entry Point : $ 2.39 📊 Second Entry Point : $ 1.44 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 📅 27.Jan.22 ⚠️(DYOR) ❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
Long
by ArmanShabanTrading
2