MANAUSDT trade ideas
Decentraland 100 Bagger (Boom or Bust Lotto Ticket)BINANCE:MANAUSDT
This isn't an investment idea, it's a lotto ticket.
No real analysis here....
I'm just hoping that a combination of a crypto bull market and Apple's VR headset launch in 2024 throw this silly Metaverse coin into the stratosphere.
Technically, it just needs to match the previous cycle's run on a percentage/time basis.
(Market Cap would be somewhere around $100 Billion or more if this works out, which is insane and demonstrates how unlikely this is)
Obviously, this is a boom-bust play and odds are that it goes to zero.
However, if you are a gambling man/woman and accept the boom-bust odds, maybe it's worth a flyer?
Fat_Fat
Decentraland/tz1land - Will the Metaverse be Viable in 2024?A deep dive into a few metaverse projects, 2 years after the hype. Is the concept still alive? Is it a viable business model for Web3, going forward? What has changed since?
Metaverse-esque platforms like Roblox (which sports 200 MILLION users per month) has proven that there is demand for such a product. What do platforms like theirs have that Web3 is missing right now?
MANA/USDT | 1d 👀1. Awaiting a retest of this trend line to initiate a long trade.
2. It's not too late to accumulate the coin at this point.
✅ Stay updated on market news and developments that may influence the price of Decentraland. Positive or negative news can significantly impact the cryptocurrency's value.
✅ Exercise patience and discipline when executing your trading plan. Avoid making impulsive decisions driven by emotions, and adhere to your strategy even during periods of market volatility.
✅ Remember that trading always involves risk, and there are no guarantees of profit. Conduct thorough research, analyze market conditions, and be prepared for various scenarios. Trade only with funds you can afford to lose and avoid excessive risk-taking.
#Crypto #Coins #Decentraland #Trading #MANA
MANA/USDT bullish continuation from demand? 👀🚀MANA Analysis💎 Paradisers, focus your attention on #MANAUSDT, as it's currently showing promising signs. The asset is in a position that strongly suggests a bullish continuation from its current demand zone.
💎 Observing #MANA recent behavior, we noted a rejection at the resistance level of $0.5779. Presently, there are substantial chances for a bullish move from the demand zone at $0.4726. Should the price manage to sustain its momentum above this zone, we anticipate a bullish thrust towards the significant resistance level at $0.7022.
💎 However, in the unpredictable realm of cryptocurrency trading, #MANA traders should be prepared for a variety of market shifts. If the price struggles to maintain its strength at the demand level, a strategic approach might involve gearing up for a bullish rebound from a lower support level, particularly around $0.4277.
💎 Significantly, a drop below this support level would require a thorough reevaluation of strategy, as it may indicate a potential difficulty in upholding a bullish market direction.
Mana Parabolic?Looks like Mana setting up for strong move to the upside.
Already longed in spot mentioned in previous idea.(linking)
Longed 5550 with margin.
Invalidation and stopping if holds below 0.5500.
Possibly can expand in next daily candle or maybe next two candles.
Targeting 0.72 and above
Risk Reward from here is pretty solid.
Note: Not a Financial Advice.
MANA/USDT upward momentum?👀🚀MANA Today Analysis💎 Paradisers, it’s time to spotlight #MANAUSDT as it’s showing promising signs of a bullish move. This comes after a key resistance level has transformed into a potential springboard for growth.
💎 Diving into #Decentraland recent market path, it has successfully navigated a descending trendline, breaking upwards. After a rejection at the resistance of $0.5117 and a retest of the trendline, it made a strong move upwards, turning the previous resistance into a support zone.
💎 Currently stationed at this new support level of $0.5117, if #MANA maintains its momentum, we might see a significant bullish movement.
💎 However, for the astute traders among us, it’s crucial to have a Plan B. If #MANA slips below this support level of $0.5117, we should be prepared for a bullish recovery from a slightly lower support at $0.4940. Notably, a breach below this secondary support could lead to a more pronounced downward trend. 🌴💰
Checking and analyzing the mana chart in the daily time frameBy examining the mana chart, we can see the beginning of an upward movement, the signs of which are the breaking of the downward trend line, the compression structure after the breaking of the trend line indicates that after the complete formation of the compression, by moving down and activating the purchase orders from the demand level, there will be a strong movement. It moves towards the specified target
MANA/USDT Could MANA Breakout the crucial area ?? Or rejected💎 MANA has been a prominent player in the market, facing challenges in overcoming the supply area. Recently, MANA experienced a false breakout and is currently striving to regain its position above the supply level. A successful breach of this resistance could probability lead to a significant upward trend, with the bearish OB area being the next anticipated target.
💎 However, if MANA fails to achieve a breakout and remains in consolidation at this resistance level over the next few days, there's a likelihood of facing another rejection. This could result in MANA reversing its course back towards the demand area.
💎 In the demand zone, a strong response is essential for MANA. If it fails to demonstrate a significant rebound from this zone, there's a risk of breaking down further. Such a scenario could signal a shift back to a bearish trend for MANA, potentially leading to a descent towards a stronger support area.
Be careful crossing the bridge!The probability of growth for this currency is higher, but it is possible to have a correction to the first support range.
If the first support range is lost, the most important support range is the price of 0.4646, the possibility of growth from this range can be higher, but if this range is broken, this pattern, i.e. the corner pattern, will be formed and we can see more fall.
Therefore, if it reaches the second support range, the analysis should be updated.
But what is possible for now is a rise to the first resistance area, which is the price of 0.5498
5000 to 60000 $🚨‼️ Dear friends and companions, there is no way to continue my challenge with the name of $5000 to $60000
By examining the artificial intelligence project of Rose, I will enter into a purchase transaction in two stages marked by green lines, and exit the transaction in a period of 6 to 10 months in red lines 🤑
2024 or 2025