BTC 2H TA : Result : +4.5% ✅ so far As you can see, the second position that I introduced to you has already reached 50% of the mentioned target and is currently trading in the range of 20K! I suggest you exit half of the position in this range and exit the rest above $20850! The total return so far is + 4.5% ✅
Follow us for more analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 07.04.2022
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
Decentraland
Manausdt ; Long or what ?Mana has Broken up it's falling channel , Mana also could break up the static resistance on 0.91$ and it's pullback has happened which we can also assume it as rest to 0.5 level of retracement Fibonacci.
I think after a tringle pattern Mana could reach to 1.33$ target. You can use my long Position setup with 2.75 R/R.
Just take care of the stop loss.
what do you think about Mana in 4H timeframe ?
If you have any questions please feel free to text me .
MANAUSDT TECHNICAL ANALYSIS Decentraland barely not sinking
The metaverse altcoin, which was trading at $0.9085 during press time, noted a 7.73% spike over the last seven days. This price appreciation might seem like a solid opportunity for investment. However, we should not forget that it is only on a micro-scale. On a macro-lense, MANA is far from recovering.
What our chart telling us?
Beginning November 2021, MANA was $5,87 level and lost approximately 89% and fell down till $0,62. The candles are staying above to support line and almost will reach to resistance line. The candles already breakdown down trendline and one of the candle has been completely open close above to down trendline. We are getting BYY 2 signals from our robo advisor @EngineeringRobo in recent/current candle and we need to wait for the new candle come up and if our buy 2 signal still over there, It may opportunity to buy for us.
Our Risk/Reward ratio 1.27 and Moving average lines are almost in the intersection. If direction get chance, it may another an opportunity to buy again in our daily time frame chart.
Let’s follow up our chart closely and don’t forget to follow me.
“NFA”
BITCOIN 2H TA : NEW WEEK UPDATEAs you can see, Bitcoin has now reached an important range to taking some of your ptofit , so if you buy at a lower price , close part of your position here! And pay attention to how it reacted to the Institutional Support indicated on the chart after the last analysis.
The next important range for re-taking the profit will be in the range og $ 22,300 to $ 23,000.
Follow us for more analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 06.26.2022
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
AXS overbuying, SELL now, take profit!💎#AXS
▪️The RSI indicator is overbought, which signals an imminent correction. The coin has grown well over the past 24 hours, now it's time to go for a correction!
💎In order not to miss a buy signal, subscribe and stay tuned for new ideas. Every day I post 10 profitable ideas per day.
How To Analyze Any Chart From Scratch - Episode 7Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
Today we are going to go over a practical example on MANA, but you can apply the same logic / strategy on any instrument.
Feel free to ask questions or request any instrument for the next episode.
You can find the previous episodes below "Related Ideas"
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
MANA 1D Goals for buying and selling in the idea descriptionToday, we will talk about the project Decentraland and the trading pair MANA/USDT
If memory serves, Decentraland was created in 2017 at the hype of ICO projects, then he predicted great prospects, because the main feature — it is the purchase of game pieces of land. But then the maximum to which the price jumped MANA/USD was around $0.20, the idea of project did not come up, then ...
Then there were painful 2 years of price falling and trading in the range of $0.04-0.08 and here we are in 2020.
When the boom around Defi projects and NFT started, the interest around MANA gaming project, which was conceived before it became mainstream, came to life :) Two years and roughly speaking x200 to x220 increase in the price of MANA/USD
And it seems that the current price is not the maximum for the trading pair MANA/USDT
Globally, we would sold the investment position of MANA at $25-28
And now let's look at where the MANA may be good to buy for those who do not have it in their investment portfolio.
On the chart, we've depicted three possible levels for a correction and, accordingly, levels from which it is safe to take a long.
They are $2.80 $2.00 and $1.25 , everyone can place buckets to buy according to his/her purse and risk management.
And in the comments , please write why you are interested in Decentraland project and why its token price should grow.
_____________________
Since 2016 , we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
MANA Is Ready. Are you ? 🚀Hey Traders,
We bared a long bear market for a while. As the $BTC is correcting for a short period we see some pairs are turned green for a short period.
Less talk,
The Chart shows everything. As BTC is above 20k this validates. Buy some $MANA to your bags when you gained around 30% of the profits, sell off and stay till bear market ends.
Strictly watch out for stop hunts.
DYOR not financial advice.
DECENTRALAND (MANA) the last chance(bottom)and the range market Hello 🐋
Based on the chart, the price is close to the major support (bottom) or better to say the previous zone that started its amazing pump to the upside and the round number $1 resistance ✔️
if
the price doesn't break the support level to the downside, we will see more gain beside the range market is an acceptable scenario too 📖💡🚀
and
if the price breaks the range area to the upside, we will see more gain 🚀
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
Decentraland (MANA) - June 20hello?
Traders, welcome.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a good day.
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(MANAUSDT 1W chart)
The decline below 1.2150 can be seen as a transition to a downtrend from a long-term perspective.
Below 0.6787 is likely a mid- to long-term investment area, so careful trading is required.
(1D chart)
A move outside the 0.6787-1.2150 zone is expected to form a trend.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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Decentraland (MANA) formed bearish BAT for upto 18.50% bear moveHi dear friends, hope you are well and welcome to the new trade setup of Decentraland (MANA) with BTC pair.
Recently I shared a long-term trade setup for MANA, which is still in play:
Now on a 4-hr time frame, MANA has formed a bearish BAT pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
MANAUSDT Bearish unless this level breaks*** ***
For this particular analysis on DECENTRALAND we are using the MANAUSDT symbol on the Phemex exchange.
*** ***
The idea is on the 4H time-frame where Mana has been trading within a Channel Down since the May 14 High. That is still a Lower High within the general bearish trend and the Channel Down keeps it that way. There is a level, which if broken, we'll most likely get a long-term bullish reversal and that is the 1.13900 Resistance. This is because the current Channel Down, both on price and 4H RSI terms, resembles the pattern of February.
As you see that Channel Down failed to break the Resistance level formed by the Lower High, and that discouraged buyers from accumulating, hence forcing the coin to a new round of selling. So unless that Resistance breaks, Decentraland will most likely make new Lower Lows and Lower Highs.
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🔥MANA: $1 become strong resistance! What`s next?Hi friends! The value area around $1 has become resistance for MANA. What's next?
📊On the chart we see a return to the trend line after a small bounce. This shows the weakness of the altcoin. There is also no reaction on volumes, they have stayed the same. The chance of a fall is return.
🚩Targets:
🔶1. $0.86-0.99 liquidity gap.
🔶2. $0.73-0.72 is also the liquidity gap and not a strong target, but it is worth noting, because the nearest possible support for the price is behind it.
🚩Also, a false breakdown of the first liquidity gap is possible. The $0.86-0.99 liquidity gap placed exactly under the local low and key level of $0,9 so it`s highly possible. Growth in volumes will confirm the presence of buyers.
🔥Keep in mind this 2 scenarios.
💻Friends, press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.