Decentraland could be listed on Coinbase PRO!Decentraland looks very strong here. It is listed on Coinbase, but not Coinbase PRO so it is only traded vs USDC. If it gets all the pairs (USD, BTC, EUR, GBP) it could easily pop higher from here. Currently it has formed something like a massive flag right above the 2018 highs. Back then that was a massive distribution period and I thought maybe it wouldn't have come all the way back here. But MANA is one of those tokens which seems to have easily come back above its 2018 ATHs which for most projects it isn't an easy task. Very few get to make new ATHs and MANA seems to be one of them.
Now NFTs/Gaming/VR which MANA has all combined in a way are pretty big for crypto so I think it wil do well. Something also important is that it has big backers (i.e Barry Silbert) and now the Grayscale product might also give an extra boost. Essentially these are the reasons I believe it will be listed + if Enjin is on Coinbase PRO, why wouldn't Decentraland be?
MANAUSD big breakout with the potential to get all the way down to the bottom of the green zone
Decentraland
Decentraland (MANA) - April 29Hello?
Dear traders, nice to meet you.
By "following" you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(MANAUSD 1D chart)
You should watch for any movement that deviates from the 1.39115151-1.56279408 segment.
If it falls, you need to make sure you get support at 1.30533024-1.39115151.
If it falls from 0.90768802 point, a Stop Loss is required to preserve profit and loss.
We have to see if we can stockpile the power to ascend above 2.0 points.
-------------------------------------
(MANABTC 1D chart)
We must see if we can ascend above the 2705 Satoshi point.
If it falls, we need to make sure we get support in the 2295 Satoshi-2432 Satoshi section.
--------------------------------------
It is advisable to trade at your average unit price.
This is because if the price flows below your average unit price, which was on an uptrend or downtrend, there is a high possibility that you will not be able to earn a large profit due to the psychological burden.
The center of every trade starts with the average unit price you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, so that the money that ultimately corresponds to the profit can regenerate the profit.
-------------------------------------------------- -------------------------------------------
** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for the sake of convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the conventional 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 that oh92 disclosed. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: Closing price when closed
G2: Cigar at the time of opening
(Example) Gap (G1-G2)
MANA As you can see in the chart, the 4-hour time frame, Mana was able to break its downward trend line after several attempts. (In the previous candlestick, the price closed above the downtrend line).
With the closing of the current 4-hour candle, we can hope that the price will grow up to the specified green resistance levels.
Because in addition to the above, the Bollinger Bands indicator is also interesting:
- Price has tried several times to break the simple moving average in the middle, which finally succeeded in the previous candle with a big and good servant.
MANA PRICE BOTTOM PREDICTIONWe want to always minimize losses as traders, thats why we will take our time to find where we should enter the crypto at to gain the most percent.
Here is what I see forming when looking at the Fibonacci price channel that is forming right now and how the crypto is falling right out, but we must follow it to the bottom.
#DECENTRALAND #MANA possible targets for 2021#DECENTRALAND #MANA possible targets for 2021
TARGET1: 3.95$
TARGET2: 6.3$
TARGET3: 12$
TARGET4: 25$
STOPLOSS 1: 0.71$
STOPLOSS 2: 0.55$
Targets are extracted using these items:
Channeling price movements and expanding channels.
CLUSTER OF:
FIB EXP 1-2
FIB PRO 2-3-4
FIB PRO 4-5-6
As you can see, the price movement pattern of this currency has been enclosed in rectangular ranges several times and after leaving the range, it has had a strong movement.
Currently, the ceiling of the rectangular range, ie $ 1.25, is a resistance, which if this resistance is broken, the movement to reach the specified targets will begin. If the floor of the rectangle goes out, and the loss range is broken, there is a possibility that the price will fall.
MANA.USDT (Y21.P2.E1).Buildup for big moveHi traders,
We are at the last stages of this structure and potential breakout.
As you can see we have had 2 touches to the resistance level and looking for the 3rd as a potential rejection but also a breakout.
How to trade this?
Breakout from this local structure or
breakout of the main resistance.
There is a likely chance that this level will be retested after it breaks this level.
Main overview
$XRP PT 3 and higher by June 2022Ripple’s XRP perfectly suited for central bank supported digital currency...
A study by the Bank for International Settlements (BIS) has shown that a central bank-supported digital currency (CBDC) is supported by governments, especially in emerging markets with poorly developed economies. In addition, more than 80% of the 66 central banks surveyed are already working on the development of a CBDC in some form. Furthermore, 40% of the banks surveyed have moved from a conceptual stage to an experimental stage in their projects. This figure represents a significant increase compared to 2018.
MANAUSD TA Time 30-3-2021Greetings fellow traders!
If this the most recent, then mana is about retest the support. It looks like mana wants to evolve into a bull pattern, bull flag or ascending triangle. Retesting is a support is quite inevitable at this point.
Short- & Mid-term: Bearish
Long-Term: Bullish
Good luck, be careful and may the trend gods be with you!
MANA about to pull a CHZMANA decentraland is a project about gaming and NFTs
I expect to pull a CHZ, with a bigger than expected return. In that context I would accept a 10$ MANA :)
I hope this isnt another fakeout, or I would be calling a top rofl
Let it develop, but I got a position at 1.09 and I expect at least a 5 USD MANA before TP.