Selling pressure pushing MANA back under 1200Lower and higher time frames all oversold on the RSI, wicks through 1260 but failed to maintain through strong selling volume on the 15m time frame. I believe MANA is coming back under 1200, we may see a small bounce there but 1150 is very likely past that.
Decentraland
Bouncing between resistance 1200-1120Mana has found a new range between 1120 and 1200. If BTC maintains its descending triangle MANA should drop back down to around 1120 before bouncing back up over the next 24-36 hours. Once Bitcoin has had a change of pattern MANA will follow up or down exponentially.
Don't miss the trading opportunity in MANAETH. Technical analysis:
. DECENTRALAND/ETHEREUM is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 59.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00026700 to 0.00024700). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00026700)
Ending of entry zone (0.00024700)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00029100
TP2= @ 0.00031390
TP3= @ 0.00038970
TP4= Free
Don't miss the trading opportunity in MANAETH. Technical analysis:
. DECENTRALAND/ETHEREUM is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 59.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00026700 to 0.00024700). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00026700)
Ending of entry zone (0.00024700)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00029100
TP2= @ 0.00031390
TP3= @ 0.00038970
TP4= Free
$MANA - Decentraland Daily Analysis - BittrexWe have MANA in a support zone showing some life today with an engulfing candle forming. We may need to see how this candle turns out with another four hours to go. RSI and OBV is starting to tick up a bit. This is one to keep an eye on for perhaps some small gains. I would wait to see if todays or tomorrows candle breaks out of the green support zone before thinking of an investment.
Daily Analysis: Long PositionHello dear
The chart is in a bullish channel.
Now the price is at the bottom of the channel.
The record shows that when prices hit the bottom of the channel, the price rises.
The Williams Oscillator is building the floor.
The Money Flow Oscillator shows the capital's return.
It is recommended that you make a purchase at the bottom of the shopping channel if there is a price collision.
Good Luck
MANABTC weekly zoomed 1D ...back on the wave!Decentraland is back on the level that will attract more investors.
A new ATH should come and 3127sat is a very easy target.
Breaking the ascending triangle is very likely that market will pass that target and keep a new level over the next week. But in case of Pump&Dump still remain a good trade opportunity.
Have a nice gain!
Decentraland Established The UptrendSince 11th of July, Decentraland has been moving steadily upwards producing higher highs and higher lows. On the 17th of July price reached the high at $0.135, which has resulted in a 53% growth in less than a week.
Then price corrected won to $0.11, where MANA/USD has rejected cleanly 50% Fibonacci retracement level. Today MANA broke above the ascending channel, suggesting the continuation of the uptrend.
There are several resistance levels to watch. First 161.8% at $0.14, second 261.8% at $0.17, and the final upside target and strong resistance is at 361.8% Fibs, that is $0.2.
Decentraland VS Bitcoin Uptrend ContinuesAfter Decentraland fond the bottom at 1150 satoshis, back on the 28th of May, price went up and broke above the downtrend trendline as well as the 200 Moving Average. On a correctional move down MANA/BTC rejected the 8/1 Gann Fan trendline for two consecutive times.
At the same time, since 6th of June, MANA has been trading above the Moving Average, and in fact found the strong support there, that is 1350 satoshis. Today price closed above th previous high, suggesting the continuation of the uptrend.
The strong resistance is seen at 2150 satoshis level, that is confirmed by two Fibonacci levels, mainly the 61.8% retracement. While the uptrend is likely to continue, daily break and close the already established support at 1300 satoshis area could invalidate the uptrend resulting in Decentraland moving towards 1000 satoshis psychological support.
Decentraland (MANA) New Entry (153%+ Profits Potential)Decentraland (MANABTC) Trade Analysis by Alan Masters
TRADE INSTRUCTIONS
Buy-in: Up to 0.000017
Decentraland (MANA) Targets:
(1) 0.0000198
(2) 0.0000248
(3) 0.0000273
(4) 0.0000332
(5) 0.0000399
Stop loss: 0.0000132
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When you felt down and you doubt yourself.
Maybe something happened in the past, that made you forget your amazing attributes, you start to judge your own actions and ways.
The past is the past.
The present is the moment that is made for us.
The future is beautiful but is yet to come.
Remember to focus in what you really want.
So regardless of the tragic or beautiful past, or the present that sometimes gets in your way.
Just remember that you are special...
And it doesn't matter what really happens...
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Namaste.