MANAUSD trade ideas
MANA aka ROCKET FUEL ๐ This little coin has had a crazy week with a 35% gain and a 19% gain with steady growth in between. WTF I doubted it at first but with BTC headed into a hot summer, MANA might just be getting started!
Truth is NFT and Decentraland are hot topics right now and I think we will see at least a few more rallies before any sort of cool off. The fundamental are there and the demand is obviously through the roof. DO NOT underestimate this one Folks.
This one is a bargain in the $1 range and I think we might see a slight drop this week before the next bull rush, look to buy it then!
Outlook : +30% within a week with a slight pull back the next day or so.
Make that money! Donโt FOMO but Donโt miss out either ๐
MANAUSD - ANOTHER PUMP? 14-3-2021 UPDATED POSSIBLE TRADE MANUSD
Price retrace after a crazy pump to USD 1.25.
lower TF forming a descending triangle and breaken the resistance trend line.
Reason to long:
1) RSI around 70 area, very bullish indication
2) MACD green on 1, 2, 4 hours TF.
3) Forming a bullish pattern, breaking the descending triangle resistance trend line at lower TF
Entry can consider at 0.91 - 0.925 area
Selling targets : USD 1.1, USD 1.25
Decentraland - MANA - Crypto - Is it the next big thing?Decentraland - MANA - Crypto - Is it the next big thing? Should you buy some 'Virtual Land'? Some companies had purchased 'land' in this virtual reality platform. They will be able to build on this 'LAND' and monetize apps, avatars, wearables, etc... Too much to mention. Do you research. Don't sleep on Decentraland (MANA)
Mana is just killing it recently!Blue primary channel
Grey secondary channel
It is looking like all upside for mana here and I love it It appears that the top of the primary and secondary channels are fighting which is always good news that means that it really wants to jump higher even after securing new ATH after ATH. If it follows the blue channel and busts out of the grey secondary channel then you can expect to see some big moves in the short term. I think it will probably bounce off of the grey secondary and correct down to the bottom of the blue channel and ride it up to where the lower blue channel and grey channel meet at about 90c.
Either option there is a serious upside to this coin and I will be buying dips like it's the Superbowl.
Not a financial advisor just opinions of a normal human.
Technical Analysis & Predictions 1/30/21*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. I may also own or trade any of the symbols and cryptocurrencies mentioned in this video so do not make your trading or investing decisions based on this video. I do not guarantee any results nor am I responsible for your actions. You should always do your own due diligence before trading or investing in this market as it is extremely risky. Affiliate links are also included in this same video description section here and if you decide to support me by using any of them, I may receive a referral bonus or commission.
*Follow me for the latest cryptocurrency analyses on my watchlist
*Thank you to those who donated, I very much appreciate it.
*Let me know in the comment section if you agree or disagree, would love to hear your ideas too.
Decentraland (MANA) - Poised For A Breakout?The 1-Hour Chart gives a pretty good reading on the recently volatile MANA / USD chart.
It may come down to re-test one more time--depending on what Ethereum decides to do.
"Don't you mean, 'depending on what Bitcoin decides to do??'..."
Well, yeah, but BTC's in a bull-run, if you haven't noticed (it's recent "decline" includes increasingly lower volume at each low = seller's almost tapped out).
So, if BTC's an inevitability, and if ETH has been trending up towards breaking out against its ATH, then MANA could be a pretty good play at its current prices.
Sure, there's some "resistance" at $0.17-0.18 for MANA, but remember:
MANA (oddly, right?) is one of the coins that Grayscale added to its trusts for public purchase. Maybe Grayscale wants to get a piece of the Gaming pie, and Decentraland has certainly put in the effort to establish itself into the blockchain-gaming niche.
This is the sole reason for its recent surge a few days ago.
And once BTC and ETH start their inevitable march (aka "launch") back up, coins like MANA are sure (not financial advice) to follow.
noteworthy:
The 6 coins added to Grayscale's trusts incl....
LINK (duh)
BAT (sure, ok)
FIL (yep, nice--although this one was added a while back)
XTZ (large community of stakers)
LPT (Livepeer? Uhh...alright, whatever)
and...you guessed it, MANA
Let's do this.
๐๐๐ ๐โ๏ธ๐ฐ๐ฐ๐ฐ