MANABTC trade ideas
MANA Full cycleFor those people who say TA doesn't work. TA Gave perfect entry for MANA and perfect exit points completing 5 waves and now in an ABC retrace.
Understanding these basics allows you to buy , sell and stack. Taking profits and stacking your beloved coins at the same time.
Buy the dip and hodl is the worst strategy ever
As we say in Mexico..."Mi gallo es MANA" ..."My rooster is MANA"In my opinion #MANA is a great buy...strong project...great fundamentals... 61% of gain is the target!
MI GALLO ES MANA...Just look on Google for "ES MI GALLO" haha. It´s a mexican "saying".
Remember to DYOR and this is not a financial advise...
Happy holidays. Remember to enjoy the time with your love ones...the bullrun will come anytime. In the meantime, just fill your bags!!
Looks like Mana is getting ready for a big up moveWith MANA having a real utility and desirable value for Decentraland property, I see it being able to fend off against BTC downward trends like it has been
Also property bids are going on or will be or something like that DYOR
Not financial advice, just curious how it will do
MANA/BTCKey resistance around 1800 sats (red box) and key support around 900 sats (blue box)
MANA pushed recently into some key resistance, does not look like a breakout, therefore, momentum may shift here going back, potentially texting key support
Not buying near resistance here, waiting for more drop.
[MANA/BTC] DECENTRALAND IS READY FOR NEXT MOVE [ 25-40% PROFIT]#MANA / BTC ( Bittrex , Binance )
Buy Range : 1400-1430
Stop loss : Daily Close below 1256 sats ( Optional )
Target 1 : 1756
Target 2 : 1979
DAILY CHART :
- Well supported by all moving averages
- STOCH RSI ready to go up
- CCI about to cross into green
- MACD about to cross into positive
- Nice well supported day candle
- Green three about green two and one candle
HOURLY CHART :
- Well supported by MA200
- CCI extending positive moment
- Ichimoku cloud about to be broken right now
This coins remains on uptrend and another wave up is very possible on the next days. Good luck !
MANA and the grand triangleMANA is closing the upper trendline of triangle. Breakout will cause the price to reach 1480 and 1575 areas of resistance. Still there is a chance price will bounce from it and go down to 1400. Even in this scenario I still feel bullish for MANA.
Check day chart for bigger picture.
LONG MANA What does the Higher time Frame Analysis Show Us?
Bullish
The RSI Stochastic appears to be crossing over shortly to the bearish side, that does not seem to be deterring based on Market Sentiment and accumulation.
Moving Averages for the 15/90/55 appear to be all crossing over at once, when this happens it usually brings about unprecedented volatility to the upside.
Volume has been consecutively on the buy-side favour.
Volume has been decreasing since the 6th of this month based on fundamental news that Colliers International, the Property Consultancy Group were partnering with MANA.
Accumulation has been active especially as individuals brought the dip.
MACD crossed over several days ago and does not appear to be running out of steam
Bearish
The RSI Stochastic appears to be crossing over shortly to the bearish side, that does not seem to be deterring based on Market Sentiment and accumulation.
Has increased by close to 14% over the past several days, this could see a fall - this is HIGHLY UNLIKELY according to Nouvive Intelligence.
Where will MANA go over the week?
Nouvive sees an entry point at 1435 to fill a gap there - however that is highly unlikely, it appears that based on favourable price action, momentum and market sentiment it will be breaking above the current resistance of 1491. That collated with Bitcoin soon to be breaking out of its downtrend and finding its temporary bottom will carry the price of MANA up.
Nouvive sees a trade from current market levels to 1435 with a stop loss just above 1400 and a take profit at 1745.