MANAUSDT
SHORT SETUAP FOR MANA Hi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the MANA symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Possible MANA targets/price action map for months/weeks aheadBased on price levels/support&resistance & fibonacci's that somewhat align. This is obviously just an idea, to scout possible overall movement. Definitely not trading advice. I thought it'd be interesting to post it now well in advance to see how accurate it plays out. I've been sort of "reverse engineering" my trades here as of late, and this tests that theory.
Here are the hypothetical targets:
Up to 5700
Down to 1950
Up to 3800
Down to 1100
Possible pop to 1950
Down to .02
DECENTRALAND (MANA) about to bottom in a few hoursBeen Watching MANA for a minute and it either just bottomed or it is about to.
My target is ~.2910 and it has a little bit of play left to make that target.
Not sure what my target are for the new cycle though will know in a few days.
Good luck and Tight Stop losses!
MANA Decentraland Price PredictionIf you haven`t sold the huge Head and Shoulders Bearish chart pattern:
Then you should know that Grayscale expressed concerns over the potential impact on the Ethereum Merge, especially on tokens that run natively on Ethereum:
The Merge may lead to a fork that might have unexpected and unfavorable outcomes and a scenario where stablecoins and tokens locked in smart contracts might not be redeemable.
Token and stablecoin holders might panic and start liquidating their holdings.
In this context, price target for MANA Decentraland is $0.62.
Looking forward to read your opinion about it.
MANAUSDT Descending Channel PatternMANAUSDT (4h Chart) Technical analysis
MANAUSDT (4h Chart) Currently trading at $0.391
Buy level: Above $0.39
Stop loss: Below $0.365
TP1: $0.40
TP2: $0.425
TP3: $0.44
TP4: $0.465
Max Leverage 3x
Always keep Stop loss
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Bearflag - MANA-USDT (Decentraland) please read
Above, there is a bearflag that has formed over the last few months📆⏳
we are currently testing the bottom of this structure, if we break down↘, I have some targets listed above on chart📉🆗
Mana (currency of Decentraland ,)💧👨🦰👧👦🏬 is a token that is used to buy and sell virtual land in this metaverse much like Sandbox .
Decentraland current marketcap rank is #54 , with 734million dollar valuation and only about 8,000 DAU (daily active users) 👇👇
This is not a lot compared to other metaverse worlds like Sandbox 🛕🏝🏟 with almost 40,000 users a day and Alienworlds 🖖👽🛸 well into the millions of registered users...
This has concerned some holders and users as of recent, and we are looking for more traction around this metaverse to manifest.
As for now, the fear in the market being high and prices at record lows, we can expect to see further decrease in price before a recovery.
3HR view ☃⭐
Weekly view 👀👋
Related article⏩ futurism.com
🛑This is not financial advice🛑 Above are approximate targets based on fibs and major trend-lines etc. I always recommend looking at multiple charts when making a big investment, thank you!
Jazerbay ☯
Thank you so much!
MANA LONG SETUPHello, dear traders. how are you ? Today we have a setup to buy/long the MANA symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Decentraland | Multiple Timeframes (Bottomed Out - Easy 46-90%)After a 94% correction from its All-Time High, we can say that Decentraland (MANAUSDT) already hit its bear market bottom?
Chart | MANAUSDT Weekly
Most likely, for some people maybe not but here is what the chart says will happen next.
Looking at the daily timeframe, we can see that MANA's multi year low was hit 22-November.
The day before bear volume was strong and right after the 21st it started to decrease.
A bounce can easily happen to the counter trend-line and even higher to reach MA200 at 0.7816 but wait... There is more.
The bear market from ATH to the 22-Nov-2022 low took exactly 364 days.
This might be a short bear market for some but we know from past history that Altcoins tend to correct from 90 to 98%.
Here we have once more a nice setup, low risk and high potential for rewards.
The stop-loss can be set below the 22-Nov. low, while for the targets we aim, All The Way Up!
Namaste.
Buy and Hold mana x5 or x10 incomingMana price is clinging to the 9ma on the daily charts.
I always plot the 9 period moving average on charts, when price clings to it in parabolic moves it helps me stay with the trend, here mana is doing the same.
Hold this one, I posted about Facebook (meta) last week and we saw great day trading profits on that last week. METAVERSE stocks and crypto are your big plays alongside other crypto over the next year. Mana is severely undervalued here with a low market cap compared to shib and doge. Buy and or hold.
MANAUSDTHello Dear friends
We are currently above the midline of the long-term descending channel and a positive RSI divergence has been issued on the daily time frame.
In the lower time frames, the support ranges have been maintained, it seems that the possibility of forming an upward trend up to the blue range ($0.4854) is high.
But it should be kept in mind that if the corrective trend falls below the range of $0.4252, the possibility of a further decrease to the lower areas will be strengthened.
We would be happy to hear your comments
MANA the last chance (bottom) and the range market 📖🚀Hello 🐋
Based on the chart, the price is close to the major support (bottom) or better to say the previous zone that started its amazing pump to the upside and the round number $1 resistance that many times stop the price from more gain ✔️
if
the price breaks the round number to the upside, we will see more gain beside the range market is an acceptable scenario too 📖💡🚀
and
if the price breaks the range area to the upside, we will see more gain 🚀
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
This week the market can be very volatile!MANA has ranged over the past week and is still hovering over the monthly support range of $0.577 to $0.650. For Mana, a resistance was considered in the $0.715 range, and over the past week, the price has returned to the main support after hitting this range and reacting to this resistance. We see high sales pressure on the chart today and in the last two days.
Therefore, if these supports are broken, the price reduction can cause the formation of a new price floor compared to the last five months and bring the price of Mana to the ranges of 0.525 and 0.465 dollars. Therefore, if the candle closes below the range of 0.580 to 0.610 dollars in the 4-hour time frame, the continuation of the downward trend, even the formation of a new downward wave, is expected. In the 4 hours, we see the range trend, where the price fluctuates between the support of the specified resistances. In general, this week, the market can be very volatile, and there is a possibility of breaking support even in fake form.
Strong response?!MANA has also declined recently, losing 3% to below $0.60. You can see that the descending channel intended for it is still standing. The hits to the bottom of the channel have been associated with a positive reaction. Still, in general, until the resistance range of $0.657 to $0.675 is broken, the trend of this currency can remain in the downward channel. Dynamic resistance is considered in the range of $0.615.
If it stabilizes above this range, the next resistance that overlaps with the channel ceiling at $0.640 can be a target for short-term buyers. Given the breakout of the monthly support, if Bitcoin declines and returns to the $18,500 support area, Mana could continue its downward trend and hit a very important support area at $0.525-$0.465. We expect a strong response from this area. After this price reduction, a good increase in Mana's price will be expected in the coming weeks.
MANA V shaped recovery or more downside?!There has been lots of rumors about Decentraland regarding their number of active users. some sources claim it is less than 38 users per day.
although the whole crypto market is primed for more down fall , I think we can see a V shaped recovery for MANAUSDT since the price is down 92% from the ATH.
otherwise if we brake below the support we can expect more continuation to the down side.
📊 MANA reach my short targets. Now 3 long targets for youHi friends! Do you forget about Decentralend? The top gaming project of 2021 is on the bottom now and noone wants to buy it with 90-95% discount.
✅ My last idea for MANA reach the target of the local low ($0.629). Check it and get more useful tips for your trading strategies!
🚩 Now MANA is tesing the trendline for the 4th time. We know that the more test of the trendline the weaker it becomes. I think at the 5th test, the trendline will be broken up.
Also, the probability of the PUMP is growing after this fall to the local low and the key level of $0.629. It's time to find the best entry point to long after this trap and manipulation by the whales.
📊 3 reasons to open a long:
1. trap by the whales to force the short traders become the fule for growth+take out the sl of long traders. It's already happen
2. squeeze to the trendline
3. bullish BTC
✅ My targets for long on DYDX:
🔥 $0.69-0.71
🔥 $0.81-0.86
🔥 $0.96-1 - the value area and even number which is huge resistance for the price
💻Friends, press the "boost"🚀 button, write comments 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.