MANA USD : Looking Attractive Now This is now at bottom of the Darwas box after witnessing
strong correction. The risk reward for this trade is quite favourable.
Rate of change indicator is also at support.
MANAUSD.P trade ideas
MANA - Rejected At The 12MA, Still Below Resistance Line Hope you find value from this post.
If you did, pls like and consider following.
Thanks.
Here's the trading idea.
But firstly...
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Quick Disclaimer:
Trade at your own risk. This post/chart is for your reference only, it is not intended as a recommendation, nor is it an advice to sell nor buy this crypto asset, nor to place any trade.
Trading poses a risk of losing some or all of your money and it will be your responsibility if you lose money.
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MANA could not break through its 12MA and continues to stay under the Red Extended Resistance Trend Line.
Retracement now could bring MANA back down towards the Green Horizontal Bar.
Further push to the downside will bring MANA towards the Purple Support Bar 2.48 to 2.21
Today's first order of business is to find support at 2.8 or down at the Green Support Bar at 2.7 - 2.6.
MACD: Histogram - Bullish Divergence.
Stoch RSI: Bullish Divergence.
Always remember to place your Stop Loss.
Price action is KING!
More power to all your trades, my friends!
Ron
Intrepid_Trader
MANA longMANA bounced off the support level. Asset broke trough the resistance level and broke trough the descending trendline. Bullish movement to resistance level at 3.43 is expected to happen.
MANA in Persian means: permanentBefore going into the Rajab chart, let's talk about the news and the fandamental status of this currency ------ >
As you know, a few days ago it was announced that the Australian tennis tournament will be held in decentraland. And that Samsung opened its own store in desentraland so on and so forth.
But graph analysis
After much growth due to the renaming of Facebook, mana had an upward trend to the price of $ 6 and then its price correction began.It currently has two major backers, one $ 2.49 and the other $ 1.58But how to enter: After the real failure of level 3.60, 30% of the money can be entered and after breaking the level of $ 4, bought another 40% and bought the remaining 30% after breaking the level of $ 5.21.
Risk takers can buy their first 30% at $ 2.94 with a stop loss of $ 1.58, which is 36% of the loss with a profit margin of $ 5.21, which is a ratio of 1.3 which is a good number in r / r.
Note: The loss limit for both systems is $ 1.58
MANA - Green Support Bar Re-TestMANA is still under the RED Extended Resistance Trend Line and below the 12EMA, and re-testing the Green Support Bar.
MANA could either push up and exit the resistance line and meet up with the 12EMA
Or
Break the Green Support Bar.
UPT:
2.9
3.5
3.6
4.05
DPT
2.4
2.2
MACD & RSI: Potential Bullish Divergences (4H TF)
Price action is KING!
More power to all your trades, my friends!
Ron
Intrepid_Trader
MANAwas asked to look at this hype coin
i think gravity about to take effect
1.3 beckons
GRI 2022
NOT TRADING ADVICE
Mana :META!watch MANA for buy setup,wait for descending trend line to break and wait for a reversal pattern
MANAUSD - BEARISHMana has broken support of $3 and we could see a continuation do the downside towards $1.6 follow from here
MANA oh mana!You're just in time for the alt capitulation, late for the pump though. You'll either get lucky or provide liquidity for the other side. That's just the way it goes.
All the best!
Elliot Waves & Wickoff, a great combinationCombining these two tactical tools, we might have a broad perspective of what is more likely to happen.
In this analysis, Elliot wave indicates that the correction is over while Wyckoff tells us the present pattern might be an accumulation phase in progress.
This idea is not financial advice.
Comments and feedback are welcome ;)!
Mana DecentralandMana Trading in range with local support shown, seems like mana has a good chance to bouncing off support reigon and with enough momentum could breakthrough upper local resistance, if It can turn that into support has good chance of reaching first target from there, how far it will go?
if no bounce from support, no trade, need trendline breakthrough and momentum...
MANA to the moon...We have just taken a long position on MANA, bounced off the 0.618 fib level... We strongly believe in the future of this metaverse coin so this is a long holding strategy with no leverage or stoploss.
Have a great trading day!
My BiG Move finally came down to finish wave 4I posted last Dec 23 about MANA BIG MOVE coming soon.
MANA fooled many with higher high & higher low crawling up the up-channel hanging for dear life.
However we were expecting it to come down 1 more time to complete wave 4 soon before any serious uptrend (wave 5) could start. SO IT FINALLY DID.
2.20 double bottom could be a strong support. 3.70 is the resistance to break.
In trading we don’t speculate but we anticipate.
Don’t be predictive but be reactive!
See you at the bottom.
Chance to buy more.
Pls do your own analysis & share it here.
MANA up 3823% ? AmazingAs Web-based technologies evolve, the amount of time people spend using them will increase. It is believed that the increase in online time will translate into more money spent on virtual space. The people in power at the top of the pyramid are gradually establishing a hierarchy (social status) in the virtual world and trying to control everything.
One study estimates that the Metaverse will generate a $1 trillion revenue opportunity "across advertising, social commerce, digital events, hardware, and developer/creator monetization.
MANAUSD price is at a turning point (yellow circle). Uncertainty over the movement of MANAUSD is also affected by the recent downturn in the overall cryptocurrency market due to the recent weakness in the prices of mainstream cryptocurrencies BTC and ETH.
MANAUSDT Short PositionDescending triangle pattern has broken support level. Expecting price to continue further below after it retests towards $3 area.
Trade responsibly.
MANA / USD Price Date High ForecastBullish Triangle Patterns in correction Waves ready for uptrending.
Timeline days and Prices forecast at Fibonnacci Extension Levels
MANA / USD Price Date High Low ForecastMarket Geometry
Astrology Cycles
Gann Theory and Laws
Fibonacci Mathematics
Elliot Waves
Decentraland Price Prediction 2022 Decentraland Price Prediction 2022 coins forecast long term
Decentraland price started in 2022 at $3.32. Today, Decentraland traded at $3.22, so the price decreased by -3% from the beginning of the year. The forecasted Decentraland price at the end of 2022 is $30.75 - and the year to year change +827%. The rise from today to year-end: +855%. In the middle of 2022, we expect to see $12.55 per 1 Decentraland. In the first half of 2023, the Decentraland price will drop to $29.52; in the second half, the price would add $21.40 and close the year at $50.92, which is +1,482% to the current price
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.
MANAUSD Ready to Blow?W W W W................. Let's go!!!!!!!!!!! Just and idea, not financial advice...Happy new year and Happy trading!!!!
