Decentraland
Decentraland, Focusing on climbingWhat Is Decentraland (MANA)?
Decentraland is an Ethereum-powered virtual reality platform. In this virtual world, you purchase plots of land that you can later traverse, build upon, and monetize. There’s no limit to what you can do. It’s the first digital platform that’s completely owned by its users.
MANA-BTC Long Trade PlanDECENTRALAND LONG TRADE
Chart is self explanatory I think.
Shorting zone is mentioned along with Stop Loss and TP Price Points.
MANABTC Falling Wedge ReversalLooks like a falling wedge on the daily timeframe, and we are approaching strong support level. Keep an eye on this one. Fundamentally it's an under-hyped project which could really become a big deal. Virtual land ownership in the first virtual city will be a hot commodity one day i believe.
MANA Decentraland SetupAt daily it's getting closer to supports. Buy in purple box if BTC let alts to play the TA
$MANA Returns to historic bounce level Really liking MANA from these levels.
Could see attempted break from down trend/channel
MACD showing bull divergence, indicating increasing buy interest
Historic bounce level from these support zones
Historically these uptrends are 70-100%+
MANA Long it, and wait for some profitsHello traders, Mana is breaking up from falling wedge, we can see it gain some momentum, rsi is breaking up, we can see a nice
run soon on that coin. Stoploss 1140 is 2.5% nic RR ratio with targets 1400 sats and above
Mana looks heatDon't get rekt cause I wont. #stoploss. Ill be posting a thread with link in comments.
Market has been in a downtrend. Going against the trend is a bad idea.
MANA and the grand triangleMANA is closing the upper trendline of triangle. Breakout will cause the price to reach 1480 and 1575 areas of resistance. Still there is a chance price will bounce from it and go down to 1400. Even in this scenario I still feel bullish for MANA.
Check day chart for bigger picture.
LONG MANA What does the Higher time Frame Analysis Show Us?
Bullish
The RSI Stochastic appears to be crossing over shortly to the bearish side, that does not seem to be deterring based on Market Sentiment and accumulation.
Moving Averages for the 15/90/55 appear to be all crossing over at once, when this happens it usually brings about unprecedented volatility to the upside.
Volume has been consecutively on the buy-side favour.
Volume has been decreasing since the 6th of this month based on fundamental news that Colliers International, the Property Consultancy Group were partnering with MANA.
Accumulation has been active especially as individuals brought the dip.
MACD crossed over several days ago and does not appear to be running out of steam
Bearish
The RSI Stochastic appears to be crossing over shortly to the bearish side, that does not seem to be deterring based on Market Sentiment and accumulation.
Has increased by close to 14% over the past several days, this could see a fall - this is HIGHLY UNLIKELY according to Nouvive Intelligence.
Where will MANA go over the week?
Nouvive sees an entry point at 1435 to fill a gap there - however that is highly unlikely, it appears that based on favourable price action, momentum and market sentiment it will be breaking above the current resistance of 1491. That collated with Bitcoin soon to be breaking out of its downtrend and finding its temporary bottom will carry the price of MANA up.
Nouvive sees a trade from current market levels to 1435 with a stop loss just above 1400 and a take profit at 1745.
decentraland's manaInteresting channel for a token that has spikes up to 3700 sat.
Decentraland project still has lots of news to come. If it goes mainstream, the price can go to 10k+
MANA second auction is imminentA Nice token suggestion to buy & hold:
#MANA at 1600 satoshi.
Its a fundamentally fueled tip. The second land auction will begin during the second week of december.
I tried to extrapolate 1st auction, but i believe we can easely get 10x fold on that targets!
MANA/BTC Bullish lower time frame entryWe have a break of that range, now all that's left is the retrace and a target of the next daily resistance level.
I'll update when it reaches the daily level, if I see it wants to go even higher.
MANA continues its uptrend Q4 ANOTHER LEND SALEOur group bought at previous breakout, considering that, you will need MANA to participate in another LEND auction, this shouldnt be the end of the run, I would wait for small correction or break resistance with volume.
MANA/BTC Bullish lower time frame entryWe have a break of that range, now all that's left is the retrace and a target of the next daily resistance level .
I'll update when it reaches the daily level, if I see it wants to go even higher.
Original idea by Svarog
#MANA Decentraland - BIG PUMP IT'S COMMING - +300% Profits 24hI am all in ! I bet it will fly after the 0.00001900
MANA/BTC H&SPotential bottom head & shoulder forming on Decentraland, with two possible necklines (horizontal and diagonal green lines). I prefer the horizontal one, so I'd consider a breakout confirmation if a 4H candle closed above the horizontal neckline.
