MANAUSD - LONGMANA a token used for the 'DECENTRALAND' Platform has huge potential. deemed as something similar to Minecraft, i can see a potential increase in price for the MANA token
Manausd
head and shoulders man/usdtRight now, we have a head-and-shoulder pattern, but it's not an ideal pattern, but to get the position, we can wait for the first neck to fail, where it will be one of the most important levels of Fibonacci, then we can Can enter short position. BINANCE:MANAUSDT
fiboinacci(Ret) pattern, Waiting for the triangle to break, ManaThe price has passed through the middle of the channel with relatively good resistance
The current price is in the form of a triangle
In addition, there are two floors
And the probability of breaking the triangle is high
And to reach the previous ceiling
Must cross the Fibonacci range.
Range BullMana has given us a range within a range setup a little more turbulence and and she’s home free
Ascending channelNote this my view not financial advice. If we can break the top of the dangerous zone, that can make for beautiful things. By breaking 0.097, 0.103 will be easily reached. Rejection of 0.097 will bring us to the support line.
MANA hacia los 0.15$Después de una caída del 40% y una recuperación del 28% podemos concluir que los AltCoins siguen hacia adelante, y mas con todas estas confirmaciones que tenemos delante.
1. Divergencia en RSI.
2. Toque y rechace de el 78.6% del retroceso de Fibonacci.
3. EMA de 200 amarilla por debajo del precio indicando una tendencia alcista.
4. Rotura del triangulo.
MANAUSDMANAUSD has a Bullish Flag.
If not successful, the trend may fall to the top of the daily Channel or even to the bottom (not shown).
But if successful: The First resistance ahead is Fibo-0.78, but the heaviest will be Fibo-1 which would be it's second attempt to get through it over the last few days.
If it manages to successfully break through Fibo-0.78 and then Fibo-1, the next profit targets will be 1.6 and then 2.6.
We can expect heavy resistance at all pints particularly at F-1, which can lead to the reversal of the trend.
Happy Trading
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JUST FOR EDUCATIONAL PURPOSE
MANAUSD bullish pennantFollowing my post on MANAUSD 4h basis there was a Bullish flag. Analyzing MANAUSD on a daily basis shows that MANAUSD has a Bullish Pennant.
The first profit target is at Fibo-1 if the Bull start to move, and we can expect a resistance, so keep an eye on the indicators.
It can grow up to Fibo-1.27 which some resistance may happen but The next main target would be Fibo-1.6 which we can expect the a heavy resistance and reversal of the trend.
And the Next Big resistance is expected for Fibo-2.6 based on the peak history of MANAUSD.
Cryptocurrency is very volatile market so always have an strategy and risk management plan.
Happy Trading.
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JUST FOR EDUCATIONAL PURPOSE
MANA / BTC breakout - Decentraland manabtc manausd manausdtMANA / BTC breakout - Decentraland manabtc manausd manausdt
MANA/BTC (Strong Recovery)MANA/BTC
-Decentraland just had a V shape recovery after the dump last July 27
-This strong recovery is followed with good volume
-MANA must hold the local support at 505 area
-To protect the upside scenario in the near future
-This local support is a confluence of previous key resistance
-A healthy pullback to this zone will create enough boost to move higher
MANA/BTC (Pattern Breakout)MANA/BTC
-the ascending pattern broke to the upside
-now the priority of trading is up
-entering a position at the current price is aggressive
-while waiting for the pullback retest is less risk
-either way of trading approach, use proper stop loss
-your target is the recent top resistance at 697 sat
-this uptrend will be invalidated if the price will go below 200D MA
$MANA : Breaking descending trendline$MANA breaks descending trendilne
It could be the start of a new run
Not a financial advice
MANA/BTC (Sideways or Accumulation zone)MANA/BTC
-Trading inside a sideways channel
-200ma & 50ma acting as dynamic resistance
-If the price breaks above this channel
-Open Long position and have stoploss at 372s
MANABTC: Swing longIf you don't believe bitcoin will plummet to 6200 - MANABTC has a good chance to earn some cash.
R:R for me looks good, growth potential is decent. Invalidation if we lost 5% on this trade, in this case, the fall should continue to 280 satoshi and below.
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Information is just for educational purposes, never financial advice. Always do your own research.
MANA/BTC Bullish Breakout Chart #MANA/BTC Chart Update:
Current Price of MANA/BTC is 411 Satoshi.
#MANA Now Looks good For fresh Setup.
already Breakout Confirmed and Candle closed above Trendline Resistance.
Entry: 400-412 Sat
Targets: 464/537 Sat
SL: if any candle close bellow 384 then exit.
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Thank you
DECENTRALAND - long term viewWe are possibly looking at reversed H&S here. Let's see how this one plays out.
MANABTC: Public Launch and Likely PumpBought a little, first target 790 satoshi. Stop is wide but I'm watching the trade closely.
Decentraland, the first ever blockchain-based virtual world, is going live to the public, on 20.02.2020. So, this news can be a catalyst for further growth or protection from falling. 'Buy the rumor'
Information is just for educational purposes, never financial advice. Always do your own research.
MANA | Swing longMana looks very strong in 2020 and going to play it as a swing play.
- Recent breakout has been successfully re-tested and price should hit 600 sats in Q1 2020.
- Price also crossing 100, 200 DMAs for the first time since the long downtrend.
As you can see, the price has been consolidating from August - December 2018. Right now there should be a distribution so I have outlined three main levels where the price should reach (3rd is less possible).
- Remember one thing, all alts can look promising but once Bitcoin will get bigger pump +8-15% then altcoins will start immediately bleeding. So always protect your capital and put your stop into safe zone as soon as possible.
MANABTC Technical AnalysisMANA Looking good Now For Long Entry.
Bullish Looking and now bounce back from Support level.
strong support at 370 Satoshi.
if we break this support then we can see 313 satoshi in short term.
But we overall bullish at this time.
Exit when support break 370 Satoshi.
Buy above Support area.
Targets: Target 500 Satoshi.
And also keep an eye on btc dominance.
If btc dominance will increase then we can see some down price of MANA and we can buy under 380 Satoshi.
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