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MANAUSDT

PREPARING FOR A MANA LONG Looking at the MANA/USDT pair today, Lets get it! Chart above us shows that we have a first wave extension impulse in play. As shown by the first fibonacci tool, we found support at the .382 region marking the end of wave 2 and made new ath's at the 1.5 fib region(just under the 1.618) for a wave 3 top before clearly getting rejected as shown by the 2nd fibonacci retracement tool. Currently still in the correction phase of wave 4, MANA seems to be baiting everyone into buying and longing here, however the chart below shows us with the angles presented that this isnt the bottom and that we will most likely still go to the bottom of the ascending channel before getting a reversal for our wave 5 impulse Once we confirm our Wave 4 bottom, target for our wave 5 will be the touch of the channel resistance once more and should be inline with either the 1.9 or 2.0 fib resistance, leaving us with a price target in the range of $15-20 depending on how early we can achieve that. If you agree with this idea, leave a like and share your thoughts in the comments Feedback is always appreciated.
Long
by RektMyMom
2
MANA MACRO ANALYSIS - (DECENTRALAND)Happy New Month Everyone. We will be looking at MANA/USDT today. In our past analysis we managed to predict the drop on mana and identified areas to get into a long position, however price missed by a few digits (need to learn to market buy more often). Today we will have another go at longing mana. As you know the last analysis was based off the First Wave Extension Theory which still remains the same. You can read up on the previous analysis for more details: Current Analysis: Not much to explain really. Judging by the chart above, we can expect price to make new ath's this year around early July to September depending on how Bitcoin & Ethereum behave in weeks to come. Longest duration for price to peak was the 1st wave which having the highest %growth makes sense, followed by a correction of -77%. Wave 3&4 have had similar timeframes to conclude their tops and bottoms, as well as -70%+ corrections, so we can expect the same for wave 5. PS: I was expecting a drop to the 1.6 region in January with 1.3 being the worst case scenario, try and keep that in mind and remain on guard. Other than that, I'm happy to average in at these prices. If you agree pls leave a like and share your views as well in the comments. Feedback is always appreciated.
Long
by RektMyMom
1
MANAUSDT, We are moving in downward trendHello everyone Mana is one the most powerful project that is working on Metaverse . Before any do in market and buy anything go and check fundamental of project then gambling on your capital. According to the chart, the price is moving in downward trend and this means that the price desire to go more down and we expect that if this downward trend wanna continue the price can reach to the PRZ Level and that point the price has support and has some movement to upwards but until the trend isnt change to upward it better to dont take any long position for long time . Dont forget use stop loss if you wanna take short position from here and observe to your capital management If you anyone have question can ask us to help yourself Be lucky guys Abtin Previous analysis :
Short
by Abtin00
1