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Mana

MANA's buying pressure has eased sharplyMANA's buying pressure has eased sharply after breaking the corner pattern, and one of MANA's short-term resistances at the $0.75 range has reacted negatively over the past two days. As long as the marked strong resistance is not broken, its correction potential is higher. Minor support is considered at the $0.69 range, and these ranges are considered minor levels. We can expect a trend continuation or a deeper correction if there is any break. Safe ranges as a support are $0.460 to $0.540, and second support at $0.400 to $0.425. With Mana trending upward on the daily timeframe, there is potential for it to reach higher targets in the $1 range after the price correction.
by MonoCoinSignal
5
MANA Head & Shoulders in Print!MANA is sitting in a potential Head and Shoulders pattern with the right shoulder in print. BTC is bouncing off a SR Flip level so potential upside to 0.81 levels off the falling wave . On Break and bearish retest of Head and Shoulders neckline, potential downside target to 0.436 levels/zone. Always have Plan A, Plan B and since fairly high time 4h, chart can be archived in list for multiple moves. If you liked this idea or if you have your own opinion about it, write in the comments. The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations.
Long
by imr4nkh8n
MANA has been in a range over the past two weeksMANA has been in a range over the past two weeks, and its bullish move was halted when it reached the $0.80 range resistance. Because a strong retracement of the resistance range has occurred without a pullback, the potential for a price correction to at least the $0.55 support area has been created. Also, we could consider the ascending channel as a corner pattern, which with the confirmation of the pattern from the bottom, the last target is in the range of $0.57. Now the resistance that is considered in the range of $0.75 is the range above which we cannot expect a bullish trend in the 4-hour timeframe if a strong reversal is not registered above it. The first support of MANA is considered in the range of $0.458 to $0.540. One of the strongest near-term supports is the $0.402-$0.425 range, which is unlikely to see a deep correction given the strength of the uptrend.
by MonoCoinSignal
18
SasanSeifi 💁‍♂️MANA/USDT : 6H UPDATE 11% 🔥HI TRADERS ✌ As mentioned in the previous analysis, the price faced buying pressure from the important support area of 0.61 and was able to grow 11%. The previous analysis is still valid.Maintaining the demand range is important for a positive trend.🔶 In case of further correction, targets in the range of 0.44/0.48 can be considered. The important resistance range is 0.74/0.76🔶 ❎ (DYOR)...⚠⚜ WHAT DO YOU THINK ABOUT THIS ANALYSIS? I will be glad to know your idea 🙂✌ IF you like my analysis please LIKE and comment 🙏✌
by SasanSeifi
SasanSeifi 💁‍♂️MANA/USDT : 6H LONG from 0.64/0.61?🤔HI✌ The Possible scenarios of #MANAUSDT is specified on the chart,As you can see, the price after the correction from the range of 0.82 has faced positive fluctuations. In the desired scenarios, if the price penetrates above the range of 0.70, the possibility of growth up to the specified supply area can be considered; otherwise, the price may be corrected up to the range of 0.64/0.61. Maintaining the demand range is important for a positive trend. In case of further correction, targets in the range of 0.44/0.48 can be considered. ❎ (DYOR)...⚠⚜ WHAT DO YOU THINK ABOUT THIS ANALYSIS? I will be glad to know your idea 🙂✌ IF you like my analysis please LIKE and comment 🙏✌
Short
by SasanSeifi
MANA/USDT Maybe some correction is needed.Hi Dears Why MANA/USDT is going for correction? In this idea, I would tell you the answer to this question in a brief and useful format. First of all, we are moving near the weekly supply in the control zone. Second, the volume is decreasing. Third, the RSI shows clear Divergence. And at last, the rising compression pattern is made. So I think that correction is near. You have to wait until the trigger is activated. Maybe the price wants to spike to the supply zone that is likely fake for gathering the liquidity and then starts to fall. Sincerely Hosein Poursaei
Short
by hosein-9879
Decentraland (MANA) formed bullish BAT for upto 15% pumpHi dear friends hope you are well and welcome to the new trade setup of Decentraland (MANA) with US Dollar pair Prevously I shared a long-term trade setup for MANA, which is still in play as below: Now on a 4-hr time frame, MANA has formed a bullish BAT pattern for another price reversal move. 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
Long
by moon333
2
MANA: Short term BullishWho knows how the markets will respond to the Fed on Wednesday and Friday this week? It doesn't have to make sense. Inflation should have bolstered crypto because it's inflation-proof by design...but that didn't happen last year. This just means, for me, I will keep a close eye with tight stop losses. MANA is currently set up to at least revisit the resistance of the ascending channel (green), around $0.82. Following its rejection at $0.81, MANA has consolidated around the middle of the channel and is showing strength as it follows support (red dashed line). It may retrace back into the channel before heading higher to the low-mid $0.90s. The MACD isn't horrible and beginning to tilt upwards to cross into bullish territory. This post is not financial advice.
MLong
by keykomg
MANA can also decrease to the support If more negative reactions to the resistance levels are observed during this week and selling pressure increases, MANA can also decrease to the support range of $0.5317 by breaking the bottom of the short-term ascending channel. Negative divergence has also been observed on the RSI indicator, which could be another warning sign for a price correction. Among the important resistances of MANA, we can mention $1.05, which is one of the strong reaction levels.
by MonoCoinSignal
4
$MANA/USDT 12h (#Bybit) Rising wedge breakdown and retestDecentraland looks locally topped here and seems likely to retrace down to 200MA / ascending TL support. ⚡️⚡️ #MANA/USDT ⚡️⚡️ Exchanges: Binance Futures, ByBit USDT Signal Type: Regular (Short) Leverage: Isolated (2.3X) Amount: 6.5% Current Price: 0.6955 Entry Zone: 0.6975 - 0.7465 Take-Profit Targets: 1) 0.6070 2) 0.5205 3) 0.4340 Stop Targets: 1) 0.8180 Published By: @Zblaba Risk/Reward= 1:1.2 | 1:2.1 | 1:3.0 Expected Profit= +36.6% | +64.2% | +91.7% Possible Loss= -30.6% Estimated Gain-time= 3-4 weeks Website: decentraland.org
Short
by TradingOn
Short-term bullish channelMANA has increased in price by more than 16% in the last 24 hours. The buying pressure that has arisen has caused a new ceiling to be registered again in the daily and 4-hour time frames. Given that the price is in a short-term bullish channel, as long as the bottom of the channel holds at the $0.70 support area, there is potential for MANA to grow further and reach the next target range, which is $0.83. But higher and more important resistance is considered at the $1.05 level, which could be a more serious and important supply area.
by MonoCoinSignal
3