Complete the "W," then...From institutional investors, public sentiment on a given day, the Fed, to even the tweakers, so much beyond fundamental analysis and indicators impacts the direction of price movement.
2 Scenarios:
1. So...let's talk about the tweakers. You know they are dying to sell at $3.4567...and not $4.66 or $4.52 where the metrics indicate. But alas, I think we need a deeper correction for the health of the coin. The sooner the better so we can have more information moving onward and upward. I think it will complete the "W" as the last stand before dropping to mid $3.20s, failing, then continuing down towards the Fib .382 and .5 levels. I can't find it now, but I had a lower number above $2.87, around $2.96, that I was looking at the other day? Maybe it was just the Fib before it went up to $3.55.
2. The "W" is essentially a double bottom, which is bullish. Why not push higher at that point? I don't know...I think the bulls are tired and there have been a lot of shorts and it's just time to go back down. So, if the tweakers fail to break the uptrend, it may hit its $3.60's target. I do think this is possible as BTC looks positioned to hit $45500, perhaps Dbl topping to give the market a point to come back down. In confluence with BTC's trend, MANA is forming a symmetrical triangle with a target of $3.55, another Dbl Top. Fib. retracements won't be affected unless MANA breaks $3.55. This is not financial advice so keep a close eye on things. Good luck.
3. My plan, and definitely not financial advice: Sell with the tweakers...buy back in around $3.38 if I think BTC is still on track...sell at $3.55, then follow Mr. Fib.
Decentraland
MANA Signal for HODL : 02.03.22 $MANAAll 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 : $ 2.6
📊 Second Entry Point : $ 1.8
📊 Third Entry Point : $ 1
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
📅 03.Feb.22
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
$BTC Daily TA : 02.10.22The price after a positive reaction to the support level that mentioned in the previous analysis is currently trading in the range of $ 44,600 . The first important and key resistance is the $ 45,500 level ,and if the price can close above this price it can growth up to the $ 48,000 range . The reaction to this Bearish OB zone will be important to us! Support range in $ 41,200 to $ 42,700 zone is still valid.
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
📅 10.Feb.22
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
MANAUSDT (1H) SCALPING VWAP+VP I'm balling like a Maradona
I keep balling like Maradona
Money calling like Maradona 💰💰 A.L.A©
A clean chart based on Volume Profile and VWAP (48 96 196 484 1700)
Follow me on Tradingview if you don't want to miss my next analysis.
Nice short-term buy signal for #Decentraland #MANANice short-term buy signal for Decentraland MANA
Chart also shows the last two comparable signals - of course never a guarantee.
What do you think - do you hold this coin? 😎
Drop me a nice comment if you'd like me to analyze any other cryptocurrency.
*not financial advice
do your own research before investing
MANA trend lines#MANA/USD
$MANA is inside descending parallel channel, and now struggle inside resistance zone that can be around upper line of the channel.
🐮 if it success to break out descending resistance and parallel trend line from shadow of ATH, it will head up toward $6.5 and $7.
🐻 if price reject from this descending trend line, it will drop to support zone around $2.5.
MANAUSDT (Decentraland) 1DBINANCE:MANAUSDT
⏰ Time Frame : 1D
🟡 the price has reached to an resistance range ($ 3.44) ,
⚪ Broken downtrend + Possible trends shown
⚠️ (This isn't a signal for buy or sell)
#️⃣ 2022 / 02 / 07
#️⃣ 1400 / 11 / 18
👸 Parisa Alipoor : @parisa_alipoor
Finally, right?I always stress patience, but geez, we've been looking at these numbers...waiting for weeks. Chart is pretty much the same. I'm watching to see if BTC hits $45k, and what it does when it gets there. I anticipate a sell-off to some degree. You can see the ascending ORANGE channel has potentially run its course, giving way to its mother in BLUE. However, MANA may be simply gathering more support to break through this resistance on its way to $3.64. Therefore, I am watching to see what happens (soon) as to whether it will continue correcting or break higher of the small symmetrical triangle. This is where the BLUE circle is. Good luck. This is not financial advice.
$BTC Daily TA : Bull 🟢 or Bear 🔴 ? Well Guys , as we can see the price is trying to break THE important static resistance range and its 50-day moving average (MA50D) . If the price can close above the $ 42,800 to $ 43,300 range, we can see it as a optimistic view for the market . The next important confirmation to change the trend from bearish to bullish is the record a new High above $ 44,600.
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
📅 07.Feb.22
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
MANAUSDT (Decentraland) 1D BINANCE:MANAUSDT
⏰ Time Frame : 1D
🟡 the price has reached to an resistance range ($ 3.39) ,
and if the price can break this resistance and consolidate above it , we can expect growth up to the range of $ 3.96 and then $ 5.19 _ $ 5.90
Otherwise it returns to the support range .
⚠️ (This isn't a signal for buy or sell)
#️⃣ 2022 / 02 / 07
#️⃣ 1400 / 11 / 18
👸 Parisa Alipoor : @parisa_alipoor
MANA , Bullish in overal !Mana
Mana managed to break its downward trend after a long time and was successfully done by Pullback
The price is expected to continue its upward trend after a short correction
But if there is too much correction, it is possible to return to prices close to 2$
But I think the overall scenario is bullish
📊 #MANAUSDT ( Decentraland )
💹 Time Frame : Daily
🔵 Personal Opinion : HODL
👤 Saeid.Mahbob
📅 02.07.2022
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
Wanna get into MANA?Today is a good opportunity to emphasize FOMO. You didn't miss out. $3.14, $3.22, $3.30, $3.43, and $3.64 were/are all targets for this weekend. BTC is flat (slightly in the red), so the higher end of the targets aren't happening. I watched...I hoped...put in my sell for $3.43...missed it and caught $3.3775 after it bounced from $3.32. This leaves me thinking, hoping for my next entries on the way back down. People who FOMO somehow think prices go in straight lines. They never have and never will. I am watching very closely and will trade this all the way down to, hopefully, $2.92...and maybe even $2.81 if I'm lucky. Again, BTC isn't budging. First, I will be watching to see if MANA breaks above $3.33 in the next hour. If it does, I'm right back in for a short bounce that could be fueled by FOMO as people are waking up on the West Coast. That being said, I really don't think this will happen, but if it does, its target is just above $3.43, completing that previous target. What I do expect are bounces all the way down at the levels indicated by TEAL arrows. The rebounding sell prices will be determined based upon whatever short-term resistances are created on the way down. Some assets like ADA and ETH stick really close to Fib. MANA, stays close, but slightly more volatile...and that's why I trade it. I don't have to get the top 2% on a sell or the bottom 2% on the buy...that middle 12%-30% ensures profits and accumulation...and peace of mind, which is priceless. Be careful. Do your own research because this is not financial advice.
MANA Coin is The Only Profitable Crypto Coin in the Last MonthEven over its biggest competitor, SAND. Some of the enterprise money that were flowing in may have started to kick in, maybe? (Decentraland also does not do any marketing, which allows them to sustain through the harder times longer.)
Decentraland (MANA) flipped the MA Ribbon bullish...Decentraland (MANA) flipped the MA Ribbon bullish...
But can MANA break the volume resistance at $3.28?
What do you think? 😎
Drop me a nice comment if you'd like me to analyze any other cryptocurrency.
*not financial advice
do your own research before investing
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
$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.
$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.
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.
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.
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.
Decentraland shortDecentraland bounced off the descending trendline. Asset bounced off the resistance level. Decline to support level at 2.06 is possible.
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
[crypto] Decentraland - MANA - What cryptos have potiential?Decentraland - MANA - Is still on the watchlist - Triggers for bullish moves are occurring. Pullback alerts should be set. Can we make it to 10% target? We will see? Edutainment Purposes Only!
