Is this a dead cat bounce on $MANA?Okay, lots of mana FOMO so i'm here with not so good news.
However, this to me looks like a blow off top.
what happens with a blow off top is that it retraces and tests the golden pocket after an irrational bullish leveraged euphoria rally
this confirms a dead cat bounce, or what it's called in the market cycle
"we're just cooling off"
What invalidates this?
If we break the golden pocket. (3.53) and closed the day above it. then the rally may perhaps continue.
Cheers!
@bitmoey
MANAUSDT
Strong MANA support ( 3h)(( please read the description ))
Very strong support at Fib 0.5 ~ 0.618 , in case of high trading volume I expect it to continue the upward trend.
The first Target is to defeat the resistance, Profit can also be in resistance.
tip :
* MACD (It is a little early but it shows an upward trend )
* The trading is above the MA 50 (blue line), one should hope for an uptrend and test the resistance Zone
I tried to identify the points of support and resistance for you, Trade smartly, Good luck.
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* In trading, the winner is the one who manages his profit and loss *
* The responsibility for buying and selling lies solely with you *
.....................................................................
********************************* pay attention ****************************
For stress-free trading, see BTC price trend, BTC is effective in all trades
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MANA broke out of falling wedge. Bullish as frickAfter some long death crawling mana started to squirt out of this falling wedge, it looks very bullish and might keep going after this impulse correction off the 0.5 fib. 50 EMA also is supporting it since it just bounced from it. Good time to enter and potentially sell at the supply zone around 3.4-3.5. Or potentially hold for longer to go crazy and hope for a 1.618 around 8 dollars.
MANA/USDT 15M UPDATE Welcome to this quick
Mana/usdt analysis.
I have tried my best to bring the best possible outcome me in this chart.
Reason of trade :- mana/usdt is ascendimg tringle pattern conform and retest and buy the dip
Entry:- cmp And buy the dip in green zone
Traget:- 15% to 20%
Stoploss:- $2.80
Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading.
Sorry for my english it is not my native languages.
Do hit the like button if you like it and share your charts in the comments section.
Thank you...
MANA geared up for a bull run round 2! Hello. According to my technical analysis, Decentraland (MANA)looks to be ready for a round 2 bull run. Days of MANA consolidation may be over.
Former resistance(red dashed trendline) has been broken with a breakout candle with decent volume, which is bullish. The 100 EMA former resistance has also been broken.
The 0.618 Fib acted as support, helping price break the red dashed trendline and making the breakout more powerful
A key bullish factor here is in the RSI, where a bullish divergence has shown. Also assists in making the breakout more powerful.
There is one more resistance for the bulls to push through, and that is the 0.5 fib(blue color). In my opinion this fib needs to be broken before we can see a successful bull run.
Thank you for reading! Make sure to leave constructive feedback in the comments section. It would possibly help me improve.
Also, do not blindly follow this post. Do your own analysis first.
Major Support for MANADecentraland. A crypto that has many applications that are similar to the new implementation of the metaverse to Facebook's portfolio. This could pose as a viable competitor to Facebook which they would either attempt to buy out (they already have their own crypto) or use some of their tech to help them achieve what Decentraland has already.
The pattern shows that it's reaching 61.8 Fib level which is a major level when rebounding (potential dead cat bounce but doubtful). The 50 EMA is also showing support in this area. Price has consistently rejected this area and the catalyst of Facebook potentially releasing more news about Metaverse tech could be what this crypto needs to continue to rocket past previous all-time highs!
Strong support ( MANA 4h )(( please read the description ))
Today, as I expected, the MANA coin was well supported in MA 50.
The first Target is to defeat the resistance, Profit can also be in resistance.
tip :
* MACD (It is a little early but it shows an upward trend )
* The trading is above the MA 50 (blue line), one should hope for an uptrend and test the resistance Zone
I tried to identify the points of support and resistance for you, Trade smartly, Good luck.
.....................................................................
* In trading, the winner is the one who manages his profit and loss *
* The responsibility for buying and selling lies solely with you *
.....................................................................
********************************* pay attention ****************************
For stress-free trading, see BTC price trend, BTC is effective in all trades
****************************************************************************
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Please like, subscribe and share your ideas.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Decentraland (MANA) - Tokens related to major NFT themesHello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a nice day.
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With the rise of the MANA coin, NFT-related tokens are showing a high rise.
(MANAUSD 1W Chart)
Nothing is known at this point.
However, if you calculate the rise, the section 3.36504100-3.45086227 is expected to peak.
If the price holds above the 2.07772177 point, it is expected to create a new wave.
So, if you fall from the 2.07772177 point, you need a short-term Stop Loss.
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(AXSUSD 1W Chart)
If the price holds above the 137.608121 point, it is expected to peak at the 171.172107-182.360102 zone.
If it falls from the 116.340370 point, a short-term Stop Loss is required.
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(THETAUSD 1W Chart)
If it rises above the 8.6007292-9.6692416 section, the uptrend is expected to accelerate.
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(ENJUSD 1W Chart)
If the price is maintained above the 2.67570597 point, it is expected to rise to the 4.43081499-4.65020361 section.
If you fall from the 1.79815147-2.01754009 section, you need a short stop loss.
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(CHZUSD 1W Chart)
If it rises above the 0.48762724-0.54792702 section, it is expected to rise to the point of 1.09062504.
If it falls from the 0.28242521 point, a short-term Stop Loss is required.
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(SANDUSD 1W Chart)
I think it's already near the peak with a lot of ascent.
If there is an extreme uptrend, it is expected to rise to the 2.3-2.4 section.
We need to see if the price can be maintained above the 1.65912239-1.74052692 segment.
If it falls from the 1.49631334 point, a short-term Stop Loss is required.
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(IOSTUSD 1W Chart)
IOST is a coin that has newly joined the NFT market.
IOST is showing a different flow from major NFT-related coins.
Therefore, an uptrend is expected as a latecomer to circular pumping.
If the price is maintained above the 0.04086316-0.04568056 range, it is expected to rise to the 0.09867190-0.10348930 range.
In the event of an extreme uptrend, I would expect it to rise to around 1.7.
If it falls in the 0.04086316-0.04568056 section, a short-term Stop Loss is required.
However, caution is advised as it may touch near the 0.03461413 point and rise.
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(NFTUSDT 1W Chart)
As an NFT token operated by Tron, it seems that the full-fledged business is not in progress yet.
Currently, NFT is a token that is airdropped if you have TRX, BTT, JST, or WIN coins.
So, if you want to invest, you need to invest in the long term.
If the price is maintained above the volume profile section being formed at the point of 0.0000038993, it is expected to continue the upward trend.
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(Market Cap Chart)
You should see how the flow of money changes rather than changes in the price chart.
So, you should check the trend of USDT chart and USDC chart.
BTC.D Chart: It is important to find resistance in the range of 47.64-48.81.
USDT.D Chart: A decline below the 2.670 point is critical.
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(XBTUSD 1M Chart) - Big Trend
All patterns and waves can be known when they are completed, so it is best to conduct a trade that matches your average unit price rather than a trade based on prediction.
Looking at the big picture, I think 4-5 waves are going on.
Depending on how you interpret section A, the wave may be different.
Likewise, you need to be more careful in your trading, as the parts that have not yet been created may have the same flow as section A.
The expected ascent section is near the 80574.0-83397.0 section.
This is an expected value considering the fluctuation range that has risen from the 1st section to the 2nd section.
There are two large resistance zones to move up to the expected zone.
The two large resistance sections are section a and section b.
If it fails to break through section a upward, I think it can represent the same flow as section A.
If it rises above the 72104.0 point with this rise, it is expected that it will not fall below the 26K-29K section (maximum 21K section) even if a bear market continues.
If the 38K section is touched, it is expected to lead to a sharp rise.
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We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not yet been released.
(Because it is not public, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
MANA to new ATH?Decentraland broke up this triangle 📐 and I think there is chance for run to 5.17 and even higher. Setting BUY LIMIT order to catch the pullback. MANA just show us some magic!⚗️
ENTRY : local high @ 2.99
SL : local low @ 2.66
TARGET : height of the triangle projected from midpoint of the local range (BUY LIMIT - SL) @ 5.17
RRR : 6.6
INVALIDATION : when SL level hit
Check my other stuff in related ideas.
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⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
MANA Swing idea! $$$As stated is respecting the Flag.
We might see a breakout soon.
This one Falls In our research on swing set ups with a good ratio of Risk and Reward.
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Swing trading is great because you can create a lot wealth in % by risking less $$. Compound Gains.
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Mana to $5 easy - Short termIt's been consolidating nicely on $2.6-3.5 price range.
Bullish pennant and continuation almost on all time frames.
Oversold on the hourly chart, good entry at current prices(2.7-2.8)
Volume has subsided but once it breaks the pennant to the upside, huge volume will come in. Will be very volatile, may actually reach $6
Trade with caution, I wouldn't recommend going short at these levels. High probability of huge upside move incoming in the next day or so.
Leave any feedback below:)
MANA Decentraland next upcoming move on small time frameMANAUSDT has take a correction after moving exceptionally. if it doesn't breaks its support on small time frame i.e. on hourly time frame we can see a move above. On the contrary if it breaks and closes below 2.56 an attempt to short it can be made.
Long idea:
Entry : Current Price
Stop Loss : 2.56
Take Profit : 4.90
Short idea:
Entry : if candle close below 2,56
Stop Loss : 2.4
Take Profit : 1.35