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...
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...
Futures trading is risky. I share my own process. It is not investment advice
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....
COINBASE:MANAUSD with a possible rally to $0.65 it would need to hold and then it could go to $0.83
Drinking Kombucha on a Friday night playing with the Mana chart Elliot Wave Count. Mana looking bullish. The TP - Take Profit ideas are prices to watch for spot trading and hodlers to sell and then buy back in on the dip at the BB CBO - Buy Back Cheeky Buy Order - These are the price levels to watch for potential bounces. Of course we may not hit these targets,...
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...
Over the last few years #DECENTRALAND has been one of our best performing trading pairs, providing consistently profitable trades time and again! Here's another example coming up right now, we predict the price being rejected by the trend line it's currently sat on, dropping around 40% (a huge amount!) to meet the lower trend line. _________ What Do You...
Looks like the attempt to reclaim a prior range is about to breakdown: - Currently sitting on the 11W EMA. - Currently sitting at range low. - Fair Value Gap underneath. Target $0.32. All this is still confluent with the lifetime ascending channel.
MANAUSD is a highly speculative crypto that has found support on an earlier given support zone. We did get that prominent 4 hourly close indicating that the trend is about to change. At this point I entered a trade with 5x leverage (14. February) MANAUSD has the potential to move between 20-50% which is reasonable with its 200% gains
Decentraland broke trough the support level. Asset broke trough the ascending trendline. Bearish movement to support level at 0.64 is possible.
Posted elsewhere, copy paste So, like saying b4 Most #altcoin performing well Called few of these Picked up last night $CGG 2x in a day $HIGH $ILV $DERC $MANA More moving well: $CUBE $WILD $YGG $VOXEL $SOUL $NAKA $XED $REVO $MBS $CWAR $ONE $VRU $SIDUS $XWG 50%s $CWS $GCOIN $MONI $GQ #crypto
MANA look very interesting to long this cryptocurrency. I decide to make an analysis to trade altcoins. As this it's one of the crypto example to long. I will put a buy order limit in $0.69 cents, Stop Loss fix in $0.6161 USD and take profit to $0.94 cents. So guys, we hope that Daily candlestick closed up with a bullish signal in the price action to take best...
Great Breakout by MANAUSD Strong downtrend in red but that has been cleared with the recent move! This is a very strong pick for the continuing bull moves
Decentraland is currently moving sideways, being quite tempted by our alternative scenario with a probability of 35%. In this case, the coin would exceed the resistance line at $0.7813 and rise into the blue target zone to finish up the pink wave alt. before heading back South. Primarily, we expect Decentraland to get back on track to fulfill the corrective low...
We have Bearish Divergence oin the RSI and some choppy Bearish Divergence on the MACD if that Divergence plays out at these levels that could begin to put us in anM structure that would take us back down to 30 Cents