Buy buy The long tail candle with high trading volume in the last drop, and therefore I expect the price to reverse upwards, I recommend buying
MANAUSD.P trade ideas
Mana at strong long-term resistanceMana pumped last week 45% finding resistance at $1.08.
It seems quite difficult for Mana to succeed a valid breakout on this level, plus the next crucial resistance is 65% above the current price.
A fakeout is likely though and an excellent opportunity for shorts too.
The most possible scenario is a return to $0.75 and then down to $0.60.
buy buyThe long tail candle after a high volume of trading is an indication of the price reversal up and on it I advise buying with doubling the stake if the vwap is broken strongly by a large candle
MANA - Head and Shoulders IdeaMonthly head and shoulders on the left leading to the top of the Gaussian Channel where I expect a rebound for the bulls
Weekly head and shoulders on the right leading to the strong horizontal support in green. This is the MANA/BTC chart
Decentraland Crypto WorldwideSun Storm Investment Trading Desk & NexGen Wealth Management Service Present's: SSITD & NexGen Portfolio of the Week Series
Focus: Worldwide
By Sun Storm Investment Research & NexGen Wealth Management Service
A Profit & Solutions Strategy & Research
Trading | Investment | Stocks | ETF | Mutual Funds | Crypto | Bonds | Options | Dividend | Futures |
USA | Canada | UK | Germany | France | Italy | Rest of Europe | Mexico | India
Disclaimer: Sun Storm Investment and NexGen are not registered financial advisors, so please do your own research before trading & investing anything. This is information is for only research purposes not for actual trading & investing decision.
#debadipb #profitsolutions
033. PIGGISH PLAY - Long MANA/USDBeen a while since I posted a pig play. This is mainly because I have been waiting patiently for markets to pullback or crash for months now. While I have posted some short plays, this market is being propped up on hot air and it has become clear that trading should be done sparingly until this topping nonsense comes to an end.
Meanwhile, I have many ideas for AFTER the drop in the stock indices and bitcoin and only two bullish ideas for the here and now: gold and mana.
One could argue on behalf of either of these assets for being the next major wealth transfer destination for their inherit defensive properties against inflation. As natural safe harbors for wealth preservation (well, gold for sure and mana tbd), I feel comfortable longing either and/or both in the near-term.
I have stated before that MANA is particularly interesting to me because it is (for now) completely decentralized - meaning the central banks cannot f with the supply dynamics via obviously bad policy practices. I love gold, but in keeping with the crypto zeitgeist and the general trend of computerizing assets, I present you with the idea above.
The instructions are all displayed in the chart and if you follow them somewhat closely, I am sure that you will be happy you did in a year's time.
The last and most important item is to WAIT FOR BITCOIN TO RETRACE SIGNIFICANTLY before an entry consideration into MANA or any other coin. Alternatively, for the more diligent crowd, you can see whether MANA diverges from BTC as BTC is dropping via basic side-by-side observation or keeping a close tab on the near-term correlation coefficient. Either method can serve as additional confirmation of a bullish future for MANA, but I would still wait for the price levels depicted above before entering.
That is all, best of luck, don't get greedy in stocks, etc.
-MANIC-PIG, MANA-PIG
COINBASE:MANAUSD
BINGX:MANAUSDT
COINBASE:MANAEUR
COINBASE:BTCUSD
COINBASE:ETHUSD
BITPANDAPRO:BTCEUR
BITPANDAPRO:ETHEUR
How To Analyze Any Chart From Scratch - Episode 7Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
Today we are going to go over a practical example on MANA, but you can apply the same logic / strategy on any instrument.
Feel free to ask questions or request any instrument for the next episode.
You can find the previous episodes below "Related Ideas"
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
MANAUSD ❕ fixing above the channelMANA is in the liquidity area and fixed above the descending channel.
The coin is above a large liquidity.
Price held 50MA (4H TF)
Trading volumes are showing interest in the upside of the price.
RSI and price have formed a bullish divergence (4H TF)
I expect price to rise from current levels.
The strategy of breaking the support lines and resistanceThe strategy of breaking the support lines and resistance of the trader. when the green line (1.120) and trend line broken with Confirmed by candle we can buy it with RR2
on the other hand if red line (0.7510) broken and confirmed by candle we can sell it with RR2
Mana Next Crucial Levels!$Mana is one of those cryptos wasn’t affected much during the last days bloodbath.
It had its bad days during April & May.
Although Mana will revisit $0.60 or $0.50 supports before the end of the bear market.
Crucial levels to watch is $0.50 & 0.38.
Mana lower than expectedThis is a very possible scenario...after all no crypto has shown a real intrinsic value
Maybe after $0.1 a rebound to $2.5 -$3, but this is only based on EW patterns, which are not quite reliable in a bearish market
Let's see how it does move.
This is not financial advice.
$MANA Sub $0.50$MANA Decentraland is not going to escape this crypto market crash... $0.707 down to $0.517 reflect key levels to watch.
Expecting sub $0.50 before this is all done, maybe not this week but certainly when Bitcoin goes sub $20k.
Decentraland shortDecentraland bounced off the descending trendline. Asset broke trough the support level. Bearish movement to support level at 0.6 is possible.
MANA, short-term rebound.The following are machine translations:
In the 4-hour chart, it fell to around 0.75 yesterday, stopped falling and rebounded. Today, it stepped back to around 0.75 and stopped falling again. It is rebounding and short-term bullish.
The indicator macd is about to turn a golden fork, to see a rebound. The RSI indicator started to rise from the oversold zone, and the rebound is expected.
In terms of operation, intraday low and long operation, there may be a short-term rebound, with a stop loss of 0.748.
MANA (LONG)If this coin value falls anything below $0.50 it will be a great opportunity to go long and hold. A lot of investors made some good returns in 2021, this is another chance for you as a patient holder to strengthen your portfolio.
Decentralland Crypto WorldwideSun Storm Investment Trading Desk & NexGen Wealth Management Service Present's: SSITD & NexGen Portfolio of the Week Series
Focus: Worldwide
By Sun Storm Investment Research & NexGen Wealth Management Service
A Profit & Solutions Strategy & Research
Trading | Investment | Stocks | ETF | Mutual Funds | Crypto | Bonds | Options | Dividend | Futures |
USA | Canada | UK | Germany | France | Italy | Rest of Europe | Mexico | India
Disclaimer: Sun Storm Investment and NexGen are not registered financial advisors, so please do your own research before trading & investing anything. This is information is for only research purposes not for actual trading & investing decision.
#debadipb #profitsolutions
MANA/USD BROKE OUT THE UPPER TRENDLINE.Welcome traders. Here's a chart on MANA to keep an eye on.
In 4 hours of TF, MANA has broken above the upper trendline and currently retesting. Entering into this coin at the retest level between $0.97 to $1.03 will be a good entry. A rejection below $0.96 will be a no-trade zone on this one and we will have to consider a re-entry strategy later.
If we happen to take entry on this coin then the target will be $1.17, $1.25, $1.34, and $1.4.
Trade safely.
Decentraland (MANA) Price Prediction May 23 22 - When to Buy READY TO BUY SZN!!!! We are testing a nice level of structure however we still have weekly bearish momentum. Be diligent and start looking for confirmations or else price could possibly fall towards the ~$0.50 level
God luck traders
MANA/USDT ANALYSISMANA and other metaverse related coins have been bearish for last 6,7 months. But for last 2 months it has been forming up this clean bullish flag and it might be breaking it's resistance real soon! I would recommend you keep your attention on this one. Good luck!
MANAUSD ❕ bearish divergenceMANA is moving in a downward channel.
Price and trading volumes show a bearish divergence.
False breakout of the 200MA on the 30m Timeframe.
I expect MANA to continue downward movement in the channel after fixing under the upper border of the channel.
Both Sandbox and Mana looking goodWatching these currently with the wedge they are currently in.
take low risk if trading these and follow the chart. These are only ideas and not financial advice.
