Decentraland
MANA/BTC SHOWS POTENTIAL SIGNS OF HEALTHY AND POSITIVE ACTIVITYSeems like MANA might have finalized its bearish cycle and
will be breaking out at .618% FIB retracement from its peak
on January 17th. Based on thecurrent 10-day resistance
level seen at .0001251 , I project a breakout heading to
previous peak between .00001388-.00001400 -
If this new resistance is broken, our next target according
to the channel in which the asset is navigating at the moment
would be no less than .00001590 according to Elliot Wave rules
of application.
DecentraLand MANA ForecastSpotted an Elliot Wave on 2 hour chart. ABC patter is present. MANA seems ready for another go.
From my end this is a blind prediction and it may not reflect what I've draw due to many factors.
However I am hopeful of the outcome. Also provides an opportunity for swing trading. Take into consideration candlestick patterns and support/resistance positions. Furthermore plot trend-lines, include Stochastic Oscillator & RSI and it should be fairly easy from that point.
I combined Elliot waves, fibonnaci and harmonics pattern to arrive to a conclusion. I did not clutter the chart and decided to plot the Elliot Wave only for simplicity.
Like I said this might be a long shot however everything is possible. This EXACT pattern occured between 16th - 14th December 2017. History has a habit of repeating itself!
This is not an investment advice, always do your own research.
MANA wave 5 start for abount 200% profitThe last analysis I was wrong went I view on TF 1hr.
This is TF 4hr, I see MANA in wave 3 and down to major support (the peak of wave 1). So, MANA had been completed correction phase and then MANA being wave 5 with possible target about 2700 (200% profit from wave 2)
MOON GETTING ALL TIME HIGHS! (+400% PROFIT!)Moon is a great ICO that allows you to do many cool things in a VR world like go shopping buy a house and etc. It's been settings going up a lot lately and now it built up a falling wedge in a continuation pattern and now has a potential of +400%! BUY IT BEFORE IT'S TOO LATE.
Mana ready to TAKE OFF! Now is the time to buy. Mana has nowhere else to go!
Remember also, that this project - Decentraland MANA Just finished auctioning virtual land for more than $200 000 000 worth of MANA, which they said they will burn.
Apparently Alpha version of explorable Decentraland VR is coming soon! Are you ready for virtual reality on Blockchain? Its own Vegas city, gambling district, Blade runner town, Redlight disctict, Chinatown, university and festival land and many more>? This thing is Big!
MANABTC Decentraland. Bull RunSo, generally what I see from this chart, is that MANABTC showing accumulation last days and yesterday it closed over 50 MA, which is a good sign for uptrend. We broke triangle and closed candle over it, also RSI is very bullish. Increasing volume and slow rise. My prediction for the price is: 1000, 1200, 1500, 2000. Time: 1-2 weeks or less. Good Luck and put stop-loss at 700 satoshis, because BTC is very volatile last days.
Safe buy zone: 730-750.
Decentraland (MANABTC) Breakout comingDecentraland has been quiet for a while. Support and resistance levels will be meeting soon, expecting the coin to reach it's last high again.
First target: 890
Second target: New all time high
If Mana breaks downwards we make a stoploss to prevent losing a lot of money.
Stop loss: 590
DECENTRALAND - Buy opportunity - Easy for beginnersGood day my friends, let's take a look at decentraland.
The chart is pretty self-explanatory. We don't know if the uptrend is over (if yes, we are in a downtrend and it will show when it breaks the side way consolidation. This means we can have a tight stoploss and this is why it is easy for beginners).
On the other hand, if we are still in an uptrend, this is a very good position to buy.
Entry is the yellow box.
I hope you find this information helpful :)