In the last 12 months MANA Decentraland had an impressive gain, 84X, but did it just completed a head and shoulders bearish chart pattern with a support price target of $1.5?!? Looking forwards to read your opinion about it.
The main supports are $2.5 and $2 First target at $5 and then $11.3 and $13.8
We saw from my last analysis when I said we may revisit the $3.2 range. However, during the dumping time with BTC downside, and all senate talk about future of crypto, there are many things people have let it slide away. Decentraland just is the Patron of Blender Development Fund, the Blender is the major 3D model creator that is free for use by anyone under GNU....
After checking a couple of timeframes i found som key points in chart, even that we can see 2 rejection attemps in bullish moves so for now we can just wait for "zona de compra 1, 2" (buy zone 1,2) on order to have any earnings in a LONG but again we need to wait because consolidations can broke your LONG/SHORT position.
Hi guys! I hope you guys took advantage to buy some more when it was dipping in the past 6 days. With the previous history data for the MANA chart, All bearish downtrends with a breakout would most likely guarantee a strong bullish movement to break the previous ATH. If the previous ATH is at $4.9, the MANA price would drop as low as $2.2 which is 55.1% of the...
With the Houbi and recent ban of crypto in China, MANA price is being affected and might go bearish for quite some time. I suspect it can drop as low as $2.4. Again, it is not the problem of MANA, but I think it is the effect of BTC dropping and potentially dropping further if BTC is going sideway. This is a good opportunity to keep buying as the price goes down...
I waited a bit with posting MANA also considering the developments of last weekend. But situation is as follows. Until the end of November, the Bulls has pushed the price considerably higher which we can see in the uptrend channel. As is known, the bears have recently indulged themselves. the bears came on the scene and stepped out of the trend channel and...
Beware MANA within the next 24 hours. I would suspect the momentum is created in a past week's downside. The volume of trading is decreasing too, the RSI is compressed below the midpoint, the support at $4.2 is strong and the bear can not break it. The Decentraland as usual open the party on their land. The Axie retook the spotlight from Decentraland and it is...
Decentraland (MANA) Update 29/11/21: $12.45 Target🎯 Potential 146% Gain from the current price. Since the 13 EMA crossed up above the 50SMA on the 26th October, Decentraland (MANA) has been in parabolic impulsive wave from $0.75 to $5.71. This was a 600% move in just under 30 days from the 26th October to 26th November where MANA set a New ATH @ $5.71. From the...
In the 4 hour chart we can see a bull flag forming. Price action found consolidation zone between 4.47-4.95 before breaking above 5.00. Looking to blast upwards again going to see a dump again around 6.00 mark at least and hopefully consolidate above 5.50ish price. THIS IS NOT FINANCIAL ADVICE. MY PERSONAL GUESSTIMATE. GOOD LUCK EVERYONE AND THANK YOU.
MANA's turn to outperform SAND, that's what our chart shows. Our estimate and analysis few days ago was that Mana will be outperformed by Sandbox. This happened and now could be reversed. SANDBOX at resistance while MANA is ready to fly higher to 6,4$ This is a personal opinion based on our research, do your own and feel free to comment. Decentraland has a...
Hi fellows! MANA has made it and surpassed its past ATH 4.99. The MANA top 100 holders did not make any pump or move yet. This indicates a strong market incentive for the MANA. At the same time, SAND also got pumped (with the involvement of top 100 holders of SAND) meaning the market for NFT and metaverse is very BULLISH right now! Happy Thanks Giving and enjoy...
Decentraland finally offered me a good experience: Banksy art sold at Sotheby's for Ethereum . Watched it live from Decentraland. 👓 Mana has failed to break it's resistance and the flight is paused until that happens. Our chart will help you understand this better. Also look at our previous SANDBOX ideas for comparison. Our estimate and analysis is that Mana...
As predicted from my previous chart, MANA would follow the upper trend without breaking the resistance. The question is when MANA would break the resistance to go above its previous ATH? SAND has surpassed $4.9/SAND, at first SAND would seem to be a good investment option. However, the top 20 holders of SAND own more than 82% of SAND, which is very insecure; while...
In the past 24 hours, we saw a strong run for MANA with a huge accumulation from big investors/whale/traders. It is fascinating that MANA has been tested several times after it surpass $4.9 from its last time run (Oct 30th, 2021). The invisible hand tried to smash it down as I saw and I did think MANA would lose and bearish short time, however, it did not happen...
$MANA FOLLOW THROUGH OF MY PREVIOUS ANALYSIS MARKET LOOKS HEALTHY, STAMINA TO FINISH SWING STILL STRONG (at time of writing) 11.14. 21 0830H +8 SINGAPORE Disclaimer: The findings of the following analysis are the sole opinions of the publisher of this idea and should not be taken as a piece of investment advice. ALERT: WE JUST RIDE TO THE TOP TARGETS -...
We have just watched Banksy sell 2 paintings in Sotheby's, in Ethereum . It was quite an ok moment, an idea we enjoyed and the potential for the future. Decentraland has a OT of work to do and we do expect to see progress. Happy to say that we did experience some Progress today. Now to the chart: Resistance is now..there might be a break here before we can...
$MANA ADJUSTED TARGET AREA OF VALUE ON THE CHART 11.10.21 1313H +8 SINGAPORE Disclaimer: The findings of the following analysis are the sole opinions of the publisher of this idea and should not be taken as a piece of investment advice. ALERT: LOOKING FOR THE NEXT BEST ENTRY The Market has amazingly moved along the TOPS and BOTTOMS of our BOXES, signifying...