MANA/BTC - Decentraland: BBand Breakout◳◱ On the $MANA/ CRYPTOCAP:BTC chart, the Bband Breakout pattern suggests an upcoming trend shift. Traders might observe resistance around 0.00001319 | 0.0000138 | 0.00001554 and support near 0.00001145 | 0.00001032 | 0.00000858. Entering trades at 0.00001287 could be strategic, aiming for the next resistance level.
◰◲ General info :
▣ Name: Decentraland
▣ Rank: 71
▣ Exchanges: Binance, Kucoin, Huobipro, Bittrex, Kraken, Hitbtc
▣ Category/Sector: Media and Entertainment - Virtual and Augmented Reality
▣ Overview: Decentraland is building a decentralized, blockchain-based virtual world for users to create, experience and monetize content and applications.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.00001287 ₿
▣ 24HVol: 31.116 ₿
▣ 24H Chng: 8.151%
▣ 7-Days Chng: 17.82%
▣ 1-Month Chng: 20.64%
▣ 3-Months Chng: 88.67%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.00001319 | 0.0000138 | 0.00001554
◢ Support: 0.00001145 | 0.00001032 | 0.00000858
◱◳ Indicators recommendation :
▣ Oscillators: NEUTRAL
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : BUY
◲◰ Sharpe Ratios :
▣ Last 30D: 4.55
▣ Last 90D: 3.51
▣ Last 1-Y: 0.87
▣ Last 3-Y: 1.03
◲◰ Volatility :
▣ Last 30D: 0.75
▣ Last 90D: 0.73
▣ Last 1-Y: 0.83
▣ Last 3-Y: 1.62
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.57 - Bullish
▣ Reddit sentiment score is 0.71 - Bullish
▣ In-depth MANABTC technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
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Mana
MANA/USDT Could MANA Breakout the crucial area ?? Or rejected💎 MANA has been a prominent player in the market, facing challenges in overcoming the supply area. Recently, MANA experienced a false breakout and is currently striving to regain its position above the supply level. A successful breach of this resistance could probability lead to a significant upward trend, with the bearish OB area being the next anticipated target.
💎 However, if MANA fails to achieve a breakout and remains in consolidation at this resistance level over the next few days, there's a likelihood of facing another rejection. This could result in MANA reversing its course back towards the demand area.
💎 In the demand zone, a strong response is essential for MANA. If it fails to demonstrate a significant rebound from this zone, there's a risk of breaking down further. Such a scenario could signal a shift back to a bearish trend for MANA, potentially leading to a descent towards a stronger support area.
Be careful crossing the bridge!The probability of growth for this currency is higher, but it is possible to have a correction to the first support range.
If the first support range is lost, the most important support range is the price of 0.4646, the possibility of growth from this range can be higher, but if this range is broken, this pattern, i.e. the corner pattern, will be formed and we can see more fall.
Therefore, if it reaches the second support range, the analysis should be updated.
But what is possible for now is a rise to the first resistance area, which is the price of 0.5498
MANA/USDT Anticipating Bullish Momentum?👀🚀MANA Today Analysis💎 Paradisers, direct your attention to MANAUSDT as it exhibits a notable pattern, suggesting a strong probability for a bullish move.
💎#MANA historical performance reveals a tendency to adhere to a descending channel pattern, with a break above leading to an upward trajectory. Presently, it is demonstrating a bullish stance. The critical level to watch is $.4244; maintaining momentum at or above this level could indicate a bullish continuation.
💎Should it fail to hold, the next focal zone is at $.3931, aligning with the observed pattern trajectory. #MANA sustained upward momentum is targeting a resistance level at $.4968, with the potential to rise further towards supply levels at $0.6932.
💎 Furthermore, prepare for a potential bullish resurgence from the support level of $.3581 if #MANA does not sustain its upward momentum. A drop below this level could raise concerns about the viability of the ongoing bullish trend.
💎 In the current dynamic and fluid market environment, strategic planning and discerning decision-making are critical. Developing a comprehensive trading strategy, incorporating effective money management, and a deep understanding of support and resistance levels, is essential for achieving sustained trading success. 🌴💰
Decentraland (MANA) setup for upto 18.50% pumpHi dear friends hope you are well and welcome to the new trade setup of Decentraland (MANA) with US Dollar pair
Previously we caught almost 17% pump of MANA as below:
Now on a 4-hr time frame, MANA has completed a bullish Gartley setup for the next price reversal.
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.
MANA LONG SETUPMana is inside a large diametric that is now completing the ascending branch of F. the last falling wave that we expected did not form and was pumped.
We considered the final pattern to be diametric, but this pattern was triangular.
Now the resistance that has been broken is a strong demand. If the price returns to this demand, it is a good position for a buy/long position When the price returns to the green area, you can look for buy/long positions
This is an update of the analysis in the relevant section
Linked
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
MANA finds support!After almost hitting $0.39, MANA found support at $0.355, a trend line that began in August 2022! MANA has since rebounded, pushing $0.42 and may retrace to $0.38 area before heading to $0.52 zone, and then $0.70. These ideas are my own and you should do your own research. MANA is not simply responding to the overall crypto market. They have recently partnered with Mastercard for transactions, and a bridge network with Sandbox.
MANAUSD above the 1D MA200 after 6 months. Bullish confirmed.Decentraland crossed today over the 1D MA200 and if it closes the day there, it will be the first time since April 22nd 2023 to do so. It may remain inside the 10 month Channel Down but crossing over the 1D MA200 where it had the last major rejection (June 5th) is strong enough to cause a breakout. Especially since this rally originated on a 1D RSI Bullish Divergence.
The overbought 1D technical outlook (RSI = 73.919, MACD = 0.023, ADX = 49.040) may cause a minor rejection near the R1 level but we expect to hit R2 (TP = 0.53450) before the end of the year. The only condition is for the 1D MA50 to hold.
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$SAND vs $MANANYSE:SAND vs EURONEXT:MANA
Boy was I wrong on #Sandbox. But that's why you cover trades at support, good move, as it ended up going much lower.
Both have been crushed during the bear market but @decentraland has outperformed @TheSandboxGame.
Compare the highs of NYSE:SAND vs EURONEXT:MANA & they're at a similar in price now!
Diluted mkt cap is better on NYSE:SAND 70% vs what it was before, last unlock was brutal, but not as good as EURONEXT:MANA 82%.
Still like both projects, final comparison:
MANA put in LOWER 2021 LOW
SAND HELD 2021 LOW
#P2E #P2EGame #crypto
MANA/USDT Had a Good Bull Rally | What's the Next Move? 💎Yello, Paradisers zoom in on MANAUSDT! It's currently tracing an ascending channel, suggesting a potential adjustment due to the looming supply zone.
💎Lately, Decentraland has maintained a steady climb within this upward channel. Yet, a shift or correction might be on the horizon. It's essential to highlight that MANA is navigating towards a crucial support mark at 0.3445.
💎Beyond this point, there's a distinct supply zone marked by an untouched OB. If MANA descends past the support, it's poised to gravitate towards the demand zone indicated on our chart.
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