MANA.Usdt (Y22.P1.E1). Going long Hi All,
Have traded this in our group with both spot and leverage, taken some profit here and looking for consolidation which might play out the inverted H&S for the smaller time frame.
How to trade this, if it retests the neckline, enter or see a bull flag on the lower time frames or enter the breakout of the macro TL
#MANA #decentraland
All the best,
S.SAri
Mana
SAND, is the HYPE around GAME-FI coming back?Sandbox (SAND). The hype around Game-Fi projects is returning, but what will happen to one of the most promising?
Sandbox broke up and retested the long-term trend line as support. It's a positive for the uptrend moves, because most of the players began to actively buy exactly at the touch of the trend line.
Now the first target of the movement is the $4.8-5.3 zone. If the price continues to consolidate in this zone, the price can easily reach the next $6.46-7.21 value zone.
What gameplay projects do you keep an eye on? Which ones do you consider the most promising? Write in the comments!
Friends, push the like button and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
💡Don't miss the great buy opportunity in MANAUSD @decentralandTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (2.5317).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. MANAUSDT is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 73.
Take Profits:
TP1= @ 2.7182
TP2= @ 2.9297
TP3= @ 3.1684
TP4= @ 3.4028
TP5= @ 3.9653
SL= Break below S2
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💡Don't miss the great buy opportunity in MANAUSD @decentralandTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (2.5317).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. MANAUSDT is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 73.
Take Profits:
TP1= @ 2.7182
TP2= @ 2.9297
TP3= @ 3.1684
TP4= @ 3.4028
TP5= @ 3.9653
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
NEED HELP WITH ALTCOINS? ✅Hello, I've decided to do a few analyses for you guys.
This week we will see a very complex market.
All you need to do is CLICK LIKE, name a coin, and tell me if you need the short-term or the long-term analysis. And I will analyze the "most mentioned" coins for you guys.
Follow me to get the analysis you asked for.
Happy Trading
Good Luck
Easy 20% on MANAMANA has tremendous upside potential right now as you can see with the volume being ridiculously low which usually precedes a giga pump from what I've seen during the previous cycles. There is also that inverse H&S pattern forming on the 1D chart which is what we want priming it for an even more bigger pump !
Also after seeing synthetics, privacy and defi coins do giga pumps... Now would technically be time for the GameFi and Metaverse coins to do their giga pumps so expect a lot of volatility in those categories for the next 2-3 weeks.
On top of that the full moon phase (which signals potential for a rally) has started and we can see the trend angle has declined to form a nice support around 2.30-2.40.
First Tp is at 2.88 (20%) short term, second at ~3.60(mid-term) and a third one at 5.35(long-term) For each TP I sell around 20% of my stack which let's me get back my initial investment + some nice profits and still have 40% of my stack for HODLing until I'm satisfied.
As always DYOR you are the only one you can really trust so I truly suggest you learn TA and FA so you can depend only on yourself 'cuz there is a lot of "influencers" being bought by projects and exchanges to shill coins only to make 'em pump and then dump on those who followed their advice. my goal is to provide the most accurate prediction for you guys to make it out as millionaires !
See ya soon traders ! take care of yourselves until then :D
Bitcoin Corrects Lower, Will 37,000 Be Tested?Weekly Time-frame
About to close now the weekly candle. We can expect a beginning of the dump. Strong resistance in $41,934.Awesome Oscillator (AO) might continue the trend to the downside.
1D Time-frame
1D TF is now correcting next support waiting $40,856, $40,019, $38,001. We are still bullish if the support holds. Will see what the market will do today.
4H Time-frame
We are still in correction area, we will see if the AO prints a Green Volume or print a drop volume of red. Then we can know where it is going. We have been expecting a drop and it seems its gonna happen today.
1H Time-frame
We are in the last support of Ichimoku Cloud we drop already but we are able to enter the cloud again. We will see if we can bounce or dropping soon.
We will discuss more on the possibility on our Live. Stay tune and check with us!
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MANA/USDT Technical Analysis Chart#MANA/USDT TA Update:-
$MANA currently trading at $2.45
As per chart also same fractals like previous breakout.
Bullish Flag also forming.
Breakout Point = $3
If Breakout then Targets = $5/$10/$12
Support:- $2
If break down $2 then $1.70 could be best entry.
Always wait for confirmations.
MANA surge around the corner?Some would disagree, but to me it seems if the market goes bullish again MANA is prime for huge pump.
Some bullish factors for crypto:
1) Biden signs EO embracing crypto
2) UAE embraces crypto
3) Ukraine legalizes crypto
4) Geo-political uncertainty, crypto alternative currency
5) Whales pulling BTC off exchanges by the billions
6) Ukraine/Russia conflict likely almost over (markets calm)
For MANA, it's still a hype meta token where companies like Victoria's Secret and others are still, as of this past week, jumping on the decentraland bandwagon.
For all the reasons I've listed on my chart, I'm leaning bullish MANA. Of course, it will move with the market at-large, so wide-spread sell-off destroys all bullish sentiment.
MANA - Potential Bullish Reversal!Hello everyone, if you like the idea, do not forget to support with a like and follow.
MANA is approaching a strong support in green so we will be looking for buy setups.
on DAILY: MANA is forming a channel in red but the upper trendline is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple)
Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone)
Meanwhile, until the buy is activated , MANA would be overall bearish can still trade lower inside the green support zone.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
MANA READY TO PUMP MORE THAN 40%!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this MANA/USDT TRADE setup. MANA looks promising here.
MANA is breaking out from a descending triangle in an 8hr time frame. A retest is also done.
Also, it breaks above 21ma. Buy some now and add more in dips.
Entry range:- $2.34-$2.44
Target1:- $2.58
Target2:- $2.72
Target3:- $2.94
Target4:- $3.12
Target5:- $3.28
Target6:- $3.50
SL:- $2.16
Buy on spot or you can also use low leverage (2x-4x)
If you like this idea then do support it with like and follow.
Also, share your views in the comment section.
Thank You!
Numbers adding up......means something, but no guarantees in today's market. So, we keep an eye out. MANA followed yesterday's analysis perfectly, well behaved. Should this C&H pattern play out, the target gives MANA another opportunity to break the long-standing resistance of the descending channel (orange) around $2.64...which would be great. Good luck and know this is not financial advice.
MANA 1w bullish ?Best case scenario would be for MANA to see some kind of huge inflow of buyers, creating a big green daily/weekly candle to confirm the change in trend. Especially in this market I'd advise to wait for bullish confirmation, since there's a decent probability for the price to fall through the support area .