MANA Strong resistanceMANA found strong resistance at $2.77, in the last 7 days. Price action suggests a further fall before the pump.
Decentraland is one of the Kings in Metaverse, so I will be not surprised if we see a 10X, in the long run, of course.
To go long, wait for a possible correction at $2.29 - 2.19.
If price don’t reach these levels a nice entry is between $2.82 – 2.72, when price break and retest this zone.
Investing is a probability game.
Try for consistency, there is no perfection in this.
Not financial advice. Always do your own research.
MANAWBNB_728912.USD trade ideas
MANA DECENTRALAND 22% LONG OPPURTUNITYUnder the TAE framework (Trend, Area of Value,Entry) for entering a trade,we can see this chart meets the three requirements.
Let me explain. We can see the 200MA acting as support / base for the short term uptrend.That is the ''T'' part. Area of value is the white long line where resistance is 3.34$ ,that serves as ''A'' .
''E'' is for entry if you are trading on pattern ,we can see the last leg of the inverse head and shoulder has given us a clue for what is to come next.That would serve as our entry.
Goodluck riding this trade
Metaverse tokens are trending Following the argument listed in the analysis made on the Sandbox would this also imply that Decentraland would be trending upwards.
Entry Price: roughly 2.66
Stop loss: 2.57
Price 1: 3.52
Price 2: 3.98
Price 3: 5.02
RSI and MACD are opening upwards and are preparing to move upwards along the KC.
This is not financial advice.
I will not burn my hands to it.. Folks,
Here it is the chart on Mana also known als Decentraland...
This is my view and my learnings.. I only look for price action and will never use any (fancy) indicators or even volume..
I don't believe in it..
Every bar has it's own story to tell and it is for you to unlock it..
Feel free to comment, share and make sure you follow me for updates..
Decentraland SwingMANAUSD Short/Midterm Swing Projection
TRR: Trading Range Resistance, TRM: Trading Range Midpoint, TRS: Trading Range Support
Preliminary Entry: My Original Entry Point (Prior to any DCA /Average Down Action)
TP Limit Sell Range: Estimated Target Zone for Limit Sell/Profit Taking
dem+: Predominance of Demand, sup+: Predominance of Supply
Invalid: Estimated Stop Zone & Trade Invalidation Range
*Not Financial Advice, DYOR
Please Allow 2-14 Days for Swing
Thanks for Subscribing!
MANA/USDT ANALYSISInverse Head and shoulder pattern observed but not completed we can see a triangle bullish continuation pattern on the 15min TF which will complete the head and shoulder pattern, if the triangle pattern doesn't hold, we may see a retest to the neck region of the H&S Pattern, then from there after price action confirmation or a possible continuation pattern w take long to $2.8.
MANA greater than 5% bullish target identifiedToday I'm posting not just an individualized idea but an idea that combines multiple coins. As you all know from my recent posts, I expect BTC /ETH to experience a short-term wave down. I worked extra hard tonight to find a basket of coins that could yield us the > 3% per day that I'm going for. These coins follow the momentum trend inversion calculations and target calculations that I've perfected over the years. Some of these coins might not go up as much as a basket, but I expect an easy 3% gain combined within 24hrs.
Here are the coins.
Coin TP-Target %-Allocation
GALA 6.50% 11.29%
UNI 6.60% 8.06%
ENJ 6.60% 6.45%
ACH 15% 11.29%
MATIC 5% 8.06%
SHIB 8% 9.68%
MANA 5% 11.29%
KNC 7% 14.52%
JASMY 12% 14.52%
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I'm really enjoying being back in Crypto and interacting with my followers. Thank you for following me and for your support and encouragement. If you have enjoyed making money with my highly accurate and high probability ideas over the last couple of days, please like, follow, comment, and tell your friends and family. I make daily posts, so don't miss out on the next trade. I'm also making significant improvements to the trading system, and you can expect only even higher probability ideas with improved accuracy on timing and with probability.
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Easy 20% on MANAMANA has tremendous upside potential right now as you can see with the volume being ridiculously low which usually precedes a giga pump from what I've seen during the previous cycles. There is also that inverse H&S pattern forming on the 1D chart which is what we want priming it for an even more bigger pump !
Also after seeing synthetics, privacy and defi coins do giga pumps... Now would technically be time for the GameFi and Metaverse coins to do their giga pumps so expect a lot of volatility in those categories for the next 2-3 weeks.
On top of that the full moon phase (which signals potential for a rally) has started and we can see the trend angle has declined to form a nice support around 2.30-2.40.
First Tp is at 2.88 (20%) short term, second at ~3.60(mid-term) and a third one at 5.35(long-term) For each TP I sell around 20% of my stack which let's me get back my initial investment + some nice profits and still have 40% of my stack for HODLing until I'm satisfied.
As always DYOR you are the only one you can really trust so I truly suggest you learn TA and FA so you can depend only on yourself 'cuz there is a lot of "influencers" being bought by projects and exchanges to shill coins only to make 'em pump and then dump on those who followed their advice. my goal is to provide the most accurate prediction for you guys to make it out as millionaires !
See ya soon traders ! take care of yourselves until then :D
Decentraland (MANA)Metaverse cryptocurrencies are popular among consumers searching for undervalued and underappreciated projects to invest in during the current crypto bear market. Years of experience in crypto have taught me that markets often exhibit a protracted and painful downturn followed by a brief bullish run in which you can easily see ten or twenty times your return if you invest in the correct projects.
This article examines our selection of the best three Metaverse cryptocurrencies that you should include in your portfolio.
$2.43 Decentraland (MANA) - $3.68 Billion Market Cap
+7.7% in the last seven days
MANA surge around the corner?Some would disagree, but to me it seems if the market goes bullish again MANA is prime for huge pump.
Some bullish factors for crypto:
1) Biden signs EO embracing crypto
2) UAE embraces crypto
3) Ukraine legalizes crypto
4) Geo-political uncertainty, crypto alternative currency
5) Whales pulling BTC off exchanges by the billions
6) Ukraine/Russia conflict likely almost over (markets calm)
For MANA, it's still a hype meta token where companies like Victoria's Secret and others are still, as of this past week, jumping on the decentraland bandwagon.
For all the reasons I've listed on my chart, I'm leaning bullish MANA. Of course, it will move with the market at-large, so wide-spread sell-off destroys all bullish sentiment.
MANA - Potential Bullish Reversal!Hello everyone, if you like the idea, do not forget to support with a like and follow.
MANA is approaching a strong support in green so we will be looking for buy setups.
on DAILY: MANA is forming a channel in red but the upper trendline is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple)
Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone)
Meanwhile, until the buy is activated , MANA would be overall bearish can still trade lower inside the green support zone.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich