Mana
MANA trend follow shortPrice broke below very important area of support around 2.20 - 2.24 with an impulsive candle. Price then retested support turned resistance with a bearish flag, broke trend line with a high volume bearish engulfing candle on the 1h chart.
Stop loss: above resistance, recent highs
Take profit: at 1.5 fib extension level, acts as level of structure to the left
Short $mana Decentraland $Mana (Decentraland) is in a long downward trend against USDT, towards -99% in my opinion
My thesis is built upon stalling user activity; stalling "metaverse narrative"; poor in-game experience (in my opinion); bearish tokenomics
I'm SHORT as follows:
Entry: 2.638
Liquidation: 3.099
Leverage: 5x
Margin(USDT): 1269.67
Take Profit @ 2.060
MANA/USDT BINANCE H1 Falling Wedge (active) [Decentraland]MANA/USDT BINANCE H1 Falling Wedge (active)
A Falling Wedge is activated
Targets are displayed as green horizontal rays
Longterm, Midterm and Shortterm view Fibonacci Retracement Levels are displayed as horizontal lines
Historical Monthly Highs and Lows are displayed as horizontal lines
This Pattern is part of a bigger bearish pattern, see active Bearish Pennant
MANAUSDT -- 4HHey guys
It is time to invest in some coins and tokens according to their technical and fundamental conditions.
here is the third one I have orders according to the key levels shown in the chart.
DYOR!
This is my idea. not a financial advice.
like and share and comment the coin or token you want me to share my technical point of you of them
Good luck
MANA/USDT by CryptoTradersWWPrice is reaching the falling triangle's apex, indicating that a substantial move is on the way.
With a pattern like this, it's critical to stay neutral until we see evidence of a breakthrough.
Below the $2 support, there is a large hole, which might lead to a rapid decline if this level is lost as support. The bulls will have to work a little harder to invalidate this bearish pattern and take out the previous lower high of $3.48.
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☑️ Follow, Comment & Like
☑️ Create a civil and healty discuss in the comments and share with me your thoughts
Thanks and Happy Trading!
GALA, is this a trap for traders? Look at this!Gala is now in the big triangle. On the 30m timeframe we can see uncertainty and price consolidation. When to open a trade?
1. Globally, we can expect an uptrend move. Bitcoin and Ethereum are renewing their local highs and are still showing strength.
2. When the triangle breaks down, traders who opened LONGs will become fuel for a move to the key $0.25 level!
3. After a false breakdown you can try to open a long trade, but we must see large volumes! Now traders who opened short trades can become fuel for growth as the market is still BULLISH!
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.
MANA giant rising wedgeMANA / USDT
In high time frames
We can see giant rising wedge pattern
If trendline support hold for next days
Expecting a strong bounce
Keep in mind we still have strong resistance (red color ) in my chart ONLY after crossing it mana will be ready to do massive jump like in past
Best of wishes
11th Series of Altcoin Buying Areas! Hi,
It has been a while since the last survey but there has been a reason for that also - the market has been really slow and the last ideas were still alive from the latest survey from 2021 Dec.
For me, the market has gained some trust and has made some quite good higher highs and breakouts. So, it's about time to make another one.
So let's start it, probably everyone knows the rules already but just in case I will repeat them for my new followers:
1) Comment THREE of your favorite altcoin, not ten not five, THREE!
2) Name only the ticker - Bitcoin is incorrect, correct is BTC!!
3) Hit the LIKE button!
4) If you don't already follow me then hit the button to get the update as fast as possible.
Only four simple steps and your named coins will get into the list!
As always, TOP mentioned altcoins get analyzed - pointing out breakout areas and if there are some logical price zones after a possible correction then also pointing out these levels from lower prices!
Some "Before-After" examples are below from the last recommendations!
ADA: +40%
Before:
After:
MANA: +40%
Before:
After:
DOT: +40%
Before:
After:
ETH: +20%
Before:
After:
SHIB: +50%
Before:
After:
LUNA: +60%
Before:
After:
Comment your favorite coins and let's gain some profits through technical analysis!
Regards,
Vaido