Manausd
💥MANA - TO FALL BY 18% OR 33% TO $1.11 OR $0.91Please support this idea with a LIKE👍 if you find it useful🥳
We saw a trendline and a falling wedge breakout which gave this coin a 100% rise happened on this coin in the last 72 hours. Price rose from $0.75 - $1.50.
Therefore I believe it's time for the coin to rest before another upmove.
Therefore I expect a fall by 18% or 33% to $1.11 or $0.91.
What do you think?
Share your opinion in the comment section✍️
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#MANA Decentraland Weekly Chart Bearish DivergenceMana (Decentraland) trend line scenarios shown. We are in a weekly bearish divergence. Be careful trading.
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Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk #bitcoin #altcoins
MY NOT SO MINIMALIST ANALYSIS FOR DECENTRALAND$MANA
10.30.21
2007H +8 SINGAPORE
INDICATORS TO CONFIRM OVERBOUGHT
ALERT: WE ARE REACHING OUR TARGET EXITS
HAD TO ADJUST BEYOND PARABOLIC A FURTHER UP. You can shave off your profits before moving to THE MAXIMIZED and PARABOLIC AREAS OF VALUE.
AB=CD Pattern Completed, waiting for DIP, and let us see if it will move further upwards.
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Disclaimer:
The findings of the following analysis are the sole opinions of the publisher of this idea and should not be taken as a piece of investment advice.
"FOLLOW THE WHITE RABBIT!"
HOW TO USE THIS MINIMALIST CHART
Created on a MONTHLY, WEEKLY & DAILY Analysis (The Dynamics of the Market.)
It is designed for SWING TRADES at the BOTTOM. I do not SHORT, though, you can still use it.
TARGET ZONES IDENTIFICATION
The LARGE BOXES (Tops and Bottoms) are MAJOR pivot points that will occur sometime in the future. While the SMALL BOXES (Tops and Bottoms) are MINOR pivot points.
These can be entries to a BUY/ SELL POSITION, EXIT/PARTIAL EXIT/TOP-UP AREAS
and if you wish to hold longer for a MAXIMUM TARGET EXIT AREA OF VALUE -CONSERVATIVE (If price action conditions are right.)
At times I include WAY BEYOND PARABOLIC Price TARGETS depending on The Character of the Market.
Watch out for your Volume, Chart Patterns, Candlestick Math, Price Action, Fibs, Market Dynamics, and especially trading psychology.
Note: This CHART is best used without indicators.
Master your Trading Discipline
and Trader's Psychology
The Facebook Effect MANAUSDMaybe I am correlating two unrelated things, but
Facebooks recent announcement about pursuing the metaverse future gives a project like Decentraland a lot of exposure
Regardless,
The TA on this timeframe (1Hr) shows an inverted ascending scallop, these breakout to the upside after reaching a certain point of stability
-50% Decline PossiblePrice breaking back below $0.79 indicates further that the recent upside is corrective. This means we should see another impulsive move to the downside.
Price action from June-August is clearly a 3 wave corrective move. $0.36 would take us to the next clear price support level from the high of the wave 1 of smaller degree.
Definitely would be a great buying opportunity though.
MANAUSDT , We are in ...Hello guys
Everyday we are analysing the differance coins of market and will publish it , follow us to get the first one that can watch it
in here after the triangle pattern on chart , we have downward trend until the sensitive zone , according to the chart , here is important zone for reverse the trend , in here we have pattern and the key for the trend , the trend was changed and in here we are in pullback and when the price reach to our zone we can take long position or buy MANA with nice R/r
Dont forget stop loss , we shown only first TP 1 because of the market and news , we need more details after the TP 1 reach , then we will update the chart
MANA is one the powerful and amazing tokan that based on game in crypto : this is the future
Good Luck
Abtin
Call me MANAna!Decentraland : Inverted Head and Shoulders in the making with target $0.95. Entry on the neckline (white) backtest if broken up. SL below the right shoulder. RRR ~3. Call me MAÑAna!
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⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
MY MINIMALIST ANALYSI OF $MANA9.11.21
My Minimalist Analysis of $MANA
MY ENTRIES for a good correction.
Indicated are key levels of support and resistance using small and large trading range boxes for ENTERING A SWING TRADE (Short - Long.)
Watch out for Patterns, Divergence, EMA, Candlestick Math, and your Fibs.
Further Analysis on price action is required on a 1HR-4HR chart when entering or closing a trade, depending on your risk appetite and trading style.
Disclaimer:
The findings/predictions of the following analysis are the sole opinions of the publisher of this idea and must not be taken as investment advice.
MANA Awaits Breakout Of Channel, Will Bulls Push It Past $1.00?-MANA has risen over 15% the last week
-Price has been held up by the 100MA
-MANA has formed an ascending channel
Decentraland (MANA) has been underperforming the market over the last month. Although prices have successfully risen nearly 100%, ETH has been outperforming MANA since the bottom hit on July 20th. Decentraland defines itself as a virtual reality platform powered by the Ether blockchain that allows users to create, experience, and monetize content and applications . This use case has been gaining a lot of traction over the last month as NFTs have exploded in value & interest. Soon MANA should catch up with the rest of the market & move higher.
Over the last month, MANA has been respecting an ascending channel that has held price stable throughout its uptrend. Each time price has attempted to breakout of its channel, it has gotten pushed to the other side. This shows there is an equal amount of buyers & sellers and until a trend is broken, MANA will sit tight in its uptrend. At the time of writing, MANA is attempting to break its major resistance zone of $0.99-$1.04. If this is successful, MANA will be clear to run towards its given targets of $1.14 & $1.23.
MANA has been holding its major support of $0.93 for some time now. As long as this continues, MANA should attempt a break of its major resistance zone. In the case bears assert more dominance & MANA fails to hold this support, price may be in trouble. Around this support lies the bottom trend of its channel along with the 100MA. If price fails to hold both of these marks, MANA will likely fall to $0.85. The 100MA has acted as support for many weeks & a break below will likely turn the trend bearish.
While looking at the Stochastic RSI, we can see strength has recently started dropping towards the oversold region. Strength must hold the 50 value to keep MANA in a short term bull trend. A break below the 50 value will likely cause a fall to the bottom of the channel. While looking at the MACD, it’s giving a slight bullish bias. As long as the MA’s can stay over the 0 value, MANA will stay in a bullish state.
MANA Intraday Analysis
Spot rate: $0.967
Trend: Bullish
Volatility: Medium
Support: $0.931
Resistance: $0.99
Cup and handle formation in MANAUSDT* MANA in 2H time frame forms Cup and handle pattern.
* Cup and handle is a bullish continuation pattern occurs during the bull run.
* If the price breaks it's handle resistance near $0.9150, we can see the continuation of bullish trend.
* MANA is bearish below the handle.