MANAUSDT
MANAUSD - Plotting Future MovesA down channel can be drawn on MANA like this
The Middle line shows a nice bullish touch however on this middle line which is a sign for bulls, I expect alts to be very volatile hence the price action plotted in green.
Its kind of a head and shoulders pattern on the side if you look at it closer, linking a comparison to the H&S below
MANA: Channel Down BreakoutDecentraland (MANA) technical analysis:
Trade setup : Price broke out of trading in a Channel Down pattern, which it was consolidating in after substantial gains earlier this year. This bullish breakout from Channel Down and above $0.60 key level and 200-day moving average, could indicate Uptrend resumption with near term potential upside to $0.75.
Pattern : Price was trading in a Channel Down pattern. With complete patterns (i.e. a breakout) – initiate a trade when the price breaks through the channel’s trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout.
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance : Nearest Support Zone is $0.60, then $0.42. The nearest Resistance Zone is $0.75, then $1.00.
✴️ Decentraland | A Different PerspectiveMANAUSDT Grew by almost 200% in its initial recovery wave, that is January 2023.
This might sound like a lot but when you put this into perspective, it is actually just a tiny bit of the total growth potential... See this chart...
This is only the mid-term and the 6 months "long-term".
We consider long-term within 6 months or 6 months or longer.
When we consider the long long-term (12+ months), then we are looking at new All-Time Highs and the potential is off the chart.
And it looks bullish short-term (main chart).
Namaste.
mana/busd sell callMana/busd is rejected from resistance and heading downwards
Sell (Current market price) : 0.615
SL : 0.62
TP : 0.6085
MANA IS STILL BEARISHHi, 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
MANA | The breakout of a bullish flag !#MANA/USDT
Bulls were able to make a clear break out of the bullish flag pattern !! let's take this opportunity!
🟢Entry price: from now at 0.619 to 0.57
🎯Targets:
|> 0.705
|> 0.845
|> 1.03
🔴Stop-loss: Daily candle closes under 0.56
➡️Recommended risk: 0.25%
➡️Recommended total Positions Size: 3%
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Mana/busd long callMana/busd is in slight uptrend and testing risisng
support. It has also completed XABCD pattern due
to which reversal from this point has high probability.
Buy (Current market price) : 0.6015
SL : 0.5945
TP : 0.6128
🔥MANA IS ANOTHER ALTCOIN WHICH WILL BRING THE HUGE PROFIT!🔥 Hi friends! Decentraland (MANA) is one of the most popular Game-Fi projects. I think the long long trade will be very profitable, especially if you will use my preconditions to open a long.
📊 TRADING PLAN FOR MANA:
1. liquidity collection below the $0.58-0.61 value area
2. volume growth
3. bullish BTC
✅ MY TARGETS FOR MANA:
🔥$0.72-0.75 - the value area
🔥$0.84 - the local high
🔥 HKEX:1 - the key level and local high
Write your thought about this altcoin in the comments. What is your targets for MANA?
💻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.
Mana/busd buy callMana/busd is in uptrend and testing risisng support
Buy (Current market price) : 0.5990
SL : 0.5936
TP : 0.6106
MANAUSDT ANALYSIS (4H)Hi, dear traders. how are you ? Today we have a viewpoint to BUY/SELL 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
Massive 538% potential on MANAThere are hints that the sustained downtrend in MANA is coming to its end.
1) We formed a strong weekly support.
2) This level was broken near the end of 2022.
3) However, there was very little supply around those low prices, and price quickly broke above the level again in early 2023.
4) Not only did we break that significant support/resistance level, we even broke above the previous significant high. This marks a "higher high", and hints that bulls are willing to buy MANA at continuously higher prices.
5) We retested the support/resistance level, which was in confluence with the Fibonacci golden pocket. We see a strong reaction in the form of a wick to the downside, indicating that bulls are quickly buying up all the supply in that level.
From here on we can expect higher prices. I've put my SL below the retest of the support/resistance.
SasanSeifi 💁♂️MANAUSDT /LONG VIEW 👉3D ⏭0.80/ 0.94⬆HI TRADERS ✌The possible scenario of MANAUSDT is specified.As you can see, the price faced buying pressure from the range of 0.29 and was able to grow by 170% until the supply area of 0.80. Currently, the price has been corrected by about 40% from the supply range and is trading in the range of 0.61.
The scenario that we can expect the price after slight fluctuation and VOLUME gathering by maintaining the range of 0.47 in the long term will grow again to the supply area of 0.80 and the FVG range of 0.94.considered the possibility of a new HIGH. . Then, by filling the gap, we will see the price correction.🔱
We have to see how the price will react to the 0.80/0.94 range.
Keep in mind that it is very important to maintain the range of 0.47.
❎ (DYOR)...⚠⚜
What do you think about this analysis? I will be glad to know your idea 🙂✌
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MANAUSDT Long SetupMANA recently broke out of the daily descending trendline and the 4h minor trendline, as you can see on the chart, finding support at 0.29, it is trading above the SMA 200 and in my opinion it is a great entry at these levels, with a great risk reward. Thecloser you can buy near support, the better.
We are in a clear Uptrend now.