Mana
MANA/USDT Technical analysis for Decentraland Mana token !!!If you have any questions on my chart leave a comment down below and if you have any criticism to add to my chart feel free to do so would be much appreciated!
Red line = current support
Yellow line = current strong resistance
Cyan line = Future resistance and 1/2 optimal selling prices
Green line = Future resistance and 1/2 optimal selling prices
White line = what i predict will most likely happen due to a break out and current market conditions such as the market growing
Yellow line = things that have a high possibility of occurring due to strong resistance points and channel collisions
BE CAREFUL OF THE DESCENDING CHANNEL IT MAY BREAK THE CLEAN TRIANGLE AND GO DOWN SO BE SURE TO HAVE A 5% STOP LOSS AT MAXIMUM
not financial advice i just provide graph analysis for fun
Metaverse tokens are trending Following the argument listed in the analysis made on the Sandbox would this also imply that Decentraland would be trending upwards.
Entry Price: roughly 2.66
Stop loss: 2.57
Price 1: 3.52
Price 2: 3.98
Price 3: 5.02
RSI and MACD are opening upwards and are preparing to move upwards along the KC.
This is not financial advice.
Is MANA going to PUMP? Look for liquidity collection!Decentraland (MANA) is the most popular Game-Fi project, so as soon as some news comes out, it is definitely Pump. But what does the technical analysis show?
As we can see by the horizontal volumes of $2.25-2.85 is a huge accumulation zone! A strong bullish signal would be to squeeze under the $2.85 level. Earlier we saw liquidity collection to sell, after which price dropped significantly.
Now we are expecting liquidity collection to buy and a volume growth. This will be a trigger to open long positions.
The first target for this move is the $3-3.10 zone, the second target is the $3.25-3.35 zone.
Friends, press the "like" button 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.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
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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. . . . . . . . Hit the 👍 LIKE button,
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Now, It's your turn!
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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.
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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