MANABTC trade ideas
Decentraland, Focusing on climbingWhat Is Decentraland (MANA)?
Decentraland is an Ethereum-powered virtual reality platform. In this virtual world, you purchase plots of land that you can later traverse, build upon, and monetize. There’s no limit to what you can do. It’s the first digital platform that’s completely owned by its users.
MANABTC Falling Wedge ReversalLooks like a falling wedge on the daily timeframe, and we are approaching strong support level. Keep an eye on this one. Fundamentally it's an under-hyped project which could really become a big deal. Virtual land ownership in the first virtual city will be a hot commodity one day i believe.
MANA falling wedge looking strongEMA's looking good on 1h and 4h timeframe.
Price broke above 50 EMA on 1h and now tested it as support. 50 and 14 EMA also looking to cross bullish on 1h tf
Price well above 14 EMA on 4h tf which acted as strong resistance previously
appears to have made 5 waves down inside the falling wedge
After cup and handle the MANABTC is moving in bullish sharkIn my previouse idea
in cup and handle MANABTC gave more than 40 percent profit alhamdulillah, now the price action is in formation of bullish shark insha Allah and almost has touched the sell zone it might go back to enter completely in sell zone again without spike and drop, or more chances are that it will continue with bearish trend.
I have defined the new buying zone and and targets plz find on chart.
Regards,
Atif Akbar