MANAUSDT
1H & 4H Mana Long to retest $3.28Hi everyone!
1H & 4H"
MANAUSDT Holding support level at $3.10
Possible move back up to retest local resistance level $3.28, If this happens we might see it going even higher to claim back it position on previous daily trend line above $3.40
Following news from from Samsung accouple of days ago (to use Decentraland to open the doors for it clients to have access to the metaverse)
ALWAYS look for extra confirmation before making any trade.
Happy trading people
(No financial advice)
DISCLAIMER
The trading ideas, analysis, and comments above should not be considered financial advice or recommendation to trade or invest in any financial product. Your personal situation has not been taken into consideration in the trade ideas. This page is for general educational purposes only. Do not buy or sell any product discusses on this page before doing your own research. Always do your own analysis and research and be aware of the risks involved in trading any financial product :)
MANA - Daily Chart ✅Let's see how MANA is behaving.
This is a 1H chart. (Valid for 24 hours)
The Fib retracement shows that the price had a dump and got corrected to a new support area, and now it's getting support from the local support area.
The market is showing SELL volumes for MANA.
Two resistance levels push down on value, and two support levels hold the price high and show strength. The higher band can work as resistance.
The middle Bollinger Band can push down the value, and the lower band pushes the price up.
If the price crosses the local resistance and stays above it for confirmation, we can open our long positions, aim for the next resistance, and use it as a TP point.
The RSI shows that MANA is below the 50 levels, the center.
If you want to know how the RSI indicator works, take a look at this Educational Idea. It'll help you have better readings:
Current Market Price: $3.111
Let me know your ideas.
Good luck.
MANA is holding StrongHappy New Year! The MANA is combatting the BTC bleeding as good as Chainlink!
As much as I can say, there are a lot of whales in both Chainlink and MANA. I would not suggest doing trading with these 2 tokens but suggest you hold it for the long term. You will thank me later!
Best to all of Chainlink and Mana holders out there!
MANA in attempt to break upMANA - DECENTRALAND in attempt to break up above significant resistance zone at 3,4-3,5. At the same time got resistance trendline near, so it could be nice confirmation of trend reversal. Indicators could use some cool off time and we could catch mana on possible retest of lower support levels. Good luck traders
Decentraland 1D TA : 01.07.22 : $MANAAll supports and resistances are marked on the chart. As we can see, the price is in an important range and recommended to keep an eye on it ...
Follow our other analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 07.Jan.22
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
Metaverse-No force on earth can stop an idea whose time has comeMana
The first VR head-mounted display (HMD) system, The Sword of Damocles, was invented in 1968 by computer scientist Ivan Sutherland and his student Bob Sproull. As I said “No force on earth can stop an idea whose time has come” They can ban crypto,bitcoin,stablecoin, etc. Except Metaverse and Nft! I believe that “Mana” is bitcoin for Metaverse world!
Q4 of last year Mana had massive bullrun since november has been correcting..now we can see that Mana creating double bottom W.
As a support or resistance we can use our fib levels.If it manages to break out resistance 3.74 (which is fib level 78.60% and at the same time neckline of double bottom) then we could see more bullish pressure arise and ofc new ATH’s
Not financial advice!!!
MANA - Don't Miss This Move! 🚀Mana had a massive bullrun late last year and since them it has been correcting. We can see that we are creating some sort of an ABC move. Ideally we'd like the completion to be at the -0.27 level where we have previous structure.
Trade Idea:
- Watch for price to come back down to the -0.27 fibonacci (2.00 to 2.200)
- Enter when bullish price action appears
- Stops below that level
- Target recent highs as first target and HODL the rest
Decentraland usually has massive bursts so it's likely we will see a very quick move.
What do you guys think?
MANA - Daily Chart ✅Let's see how MANA is behaving.
This is a 1H chart. (Valid for 24 hours)
The Fib retracement shows that the price is getting rejected by the local resistance area.
The market is showing SELL volumes for MANA.
Two resistance levels push down on value, and two support levels hold the price high and show strength. The higher band can work as resistance.
The middle Bollinger Band can push up the value, and the lower band can hold the price.
If the price crosses the local resistance and stays above it for confirmation, we can open our long positions, aim for the next resistance, and use it as a TP point.
The RSI shows that MANA is below the 50 levels, the center.
If you want to know how the RSI indicator works, take a look at this Educational Idea. It'll help you have better readings:
Current Market Price: $3.2132
Let me know your ideas.
Good luck.
MANAUSD gathering strengthMANAUSD is still sideways even after breakout of mini wedge pattern. I still see a slight dip towards our buy zone, which is near FIB 0.236. Will enter long at that level and hold to ride next wave upward towards TP1 (3x)and TP2 (5x). Stop loss set bottom of buy zone box in case bearish sentiments prevails in the overall crypto market.
MANAUSDT Respecting Trendline/SupportMANA has been respecting a short term upward trendline perfectly, with a horizontal supply zone directly below.
Long idea is to wait for another touch of the trendline and go long, with stop loss below support and short term target for 2.1 R trade.
This is NOT financial advice, you are responsible for your own trading decisions.
** If you enjoyed the idea please LIKE and FOLLOW **
Let me know what you think below!