In our last analysis for MANA, we identified that we were in subwave 2 of wave 5. We are now at the extremes of the subwave 2 as we're touching the ascending trendline which we anticipate to be respected. Our hard stops will remain below invalidation level but we can capitalise on a risk entry now. For a safe entry, we can watch for the red trendline to break,...
MANA has formed an uptrend line. The chart has broken through the downward channel. The price has already fixed above the channel, so it will continue to rise.
Today we will talk about the prospects for the price of the Decentraland token - MANA But first, please like our previous idea MANAUSDT, which has perfectly worked out the sales area and recently the purchase area for 4 months. It looks like the MANAUSD price has completed its correctional wave (2) and is now trying to start a growth wave (3). Wave (3) is...
Decentraland (MANAUSD) has been unable to break above the 1W MA50 (blue trend-line) despite January's rise (led at large by Bitcoin). This draws heavy comparisons with the previous Cycle, which on March and June 2019 failed also to break above the 1W MA50 despite a March rally and instead dropped to the 1.236 Fibonacci extension, which was a Lower Low for the Bear...
Mana has strongly changed character from a key point, I expect a minor pullback validating the change of character and a move up from here! NFA
Like a crab, Decentraland is predominantly moving sidewards just above the support at $0.48. Nevertheless, we expect our crypto friend to develop more upwards momentum soon so that it will be able to expand wave iii in magenta above the resistance at $0.84. However, there is a 35% chance that Decentraland could slip below the support at $0.48, thus digging itself...
MANA is looking like its almost ready for a MASSIVE move.. At least 1000%. We can see that we are currently in a 5 wave move higher. Wave 3 had a nice 5 subwave breakdown. We can use that framework to figure out what's next for wave 5. Subwave 2 of wave 3 was a tight correction and we are seeing almost an identical tight correction for subwave 2 of wave 5....
A comparison post showing two double tops The second just recently emerging with this down move Lets see if it continues
✅ MANA is moving in an uptrend. The chart has broken through the resistance area and has fixed above it. The price will continue to rise. ✅ 🚀 BUY scenario: long to 0.666 🚀 ---------------------------------------------------------------------------- Remember, there is no place for luck in trading - only strategy! Thanks for the likes and comments.
Hi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the MANA symbol. For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
COINBASE:MANAUSD with a possible rally to $0.65 it would need to hold and then it could go to $0.83
MANA formed Bull Flag Pattern Wait for Breakout/Breakdown and Retest before Short or Long
Hi, dear traders. how are you ? Today we have a viewpoint to BUY/SELL the MANA symbol. For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
It's a good probability of growth from here or after testing the lower time frame demand zone. You can see the liquidity pool above 0.6787 and the supply zone that can define as a target. 💡Wait for the update! 🗓️25/03/2023 🔎 DYOR 💌It is my honor to share your comments with me💌
We are approaching very interesting entry points regarding these coins. We have confirmation entries in some of them and some risky entries in others. Let me know what do you think?
MANAUSD/ Decentraland is inside a Falling Wedge pattern, which after January's rally looks more like a Bull Flag. Typically Falling Wedges break upwards, it is the inverse of what happened with the Rising Wedge of mid August. Target Resistance A (0.8450) and Resistance B (1.1280). Follow us, like the idea and leave a comment below!!
MANAUSD looks like a picture perfect impulse. We can see clear impulses and clear corrections. We can see that we've completed the 4th wave and now we're in the 5th wave. We are expecting 5 subwaves for the 5th wave and we can see that we're in subwave 2 now. The lower subwave 2 goes, the better (as long as we stay above blue structure)/ Trade Idea: - Watch for...
Descending Triangle levels on the chart white line is support for now 0.53 ish stoploss