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Mana

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.
COINBASE:MANAUSDLong
by GunMoney
90
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
BINANCE:MANAUSD
by TheSignalyst
16
MANA READY TO PUMP MORE THAN 40%!!Hello everyone, if you like the idea, do not forget to support with a like and follow. Welcome to this MANA/USDT TRADE setup. MANA looks promising here. MANA is breaking out from a descending triangle in an 8hr time frame. A retest is also done. Also, it breaks above 21ma. Buy some now and add more in dips. Entry range:- $2.34-$2.44 Target1:- $2.58 Target2:- $2.72 Target3:- $2.94 Target4:- $3.12 Target5:- $3.28 Target6:- $3.50 SL:- $2.16 Buy on spot or you can also use low leverage (2x-4x) If you like this idea then do support it with like and follow. Also, share your views in the comment section. Thank You!
Long
by CoreCrypto1
Quick jump to $2.41?Should MANA break resistance at $2.32, a quick jump to $2.41 can be expected. The market has been a drag across the board. On a good note, MANA has been able to stave off falling below a very critical $2.1950 in recent days, finding strong support at $2.21 area. It is currently on it's way up (again) from $2.21 with hopefully enough conviction to break $2.32. It is important to have this happen soon so that MANA can potentially capitalize further from the attention that "Fashion Week" in Decentraland brings to the metaverse.
M
by keykomg
Descentraland MANA starting wave 5 of 5 of 3MANA structure is really nice. To end all of wave 3 (green) MANA needs one more high towards 15 - 20, the region of confluence defined by ext 2,382 green, ext 3,00 blue and ext 2,618 white. Wave 5 of 5 of 3 has itself five waves, of which wave 1 and 2 (white) are done. We shall see very soon a nice upside move in MANA. Once this wave 3 green is complete, a wave 4 will send price back to the same level where it is now. i.e. 2.20
BINANCE:MANAUSDLong
by ulrichniederhausser
MANA Bulls say, "No."In an update to yesterday's analysis, MANA chose my first route down. On a good note, it didn't create a rising wedge? I'm just kidding. With all that is going on globally, the economic trends are sentiment-based, day to day. I do think sellers are just as hesitant as buyers are right now. I am sitting tight. I'm lucky I placed my stop loss low enough at $2.49 because it came within $0.02 earlier today and has since posted some long candles of support at the lower trend line. The fact that there were several attempts by bears to sink it below the micro pink ascending channel, the bulls defended it well, in a positive direction and geometry as it continues to swing upwards. The MACD failed to turn positive in its last attempt, earlier today, and is just now making another attempt. I think there will be more or a chance this time given all the wicks and strong support bouncing off a major support line. Then again, Putin shot missiles at the largest nuclear power plant in Europe so who knows...wtf? On a good note, although there is a lot of uncertainty, in the coming session MANA only needs to break $2.92 to rise above the macro descending channel (Orange) from the last ATH whereas yesterday, it was $3.03. I'm still kidding, but this is actually a huge deal. In theory, MANA can break out of the downtrend simply by continuing to consolidate in the current range for the next couple of days...and that's also a statement of the length of the past 3 months of consolidation...for a whole quarter...and that's how crypto goes. Massive increase---retracement/consolidation/price discovery---Massive increase, given more adoption/advancements/Musk tweet OR Furthur downside, given fear indexes/Fed/War/Musk tweet. Something big is going to happen in the next 72 hours. I am keeping my SL where it's been. I am optimistic that Ukraine is going to continue to resist Putin's desires, prolonging the market's indecision, and potentially creating further losses. Oh well, because there are more important things in the world than our portfolios. These are just my thoughts on MANA's current position and not financial advice. Oh, and ignore all the arrows and from yesterday and the Blue ascending channel too...except that it will probably face resistance with indecision should MANA push higher, probably around where it merges with the centerline of the Pink ascending channel?
MLong
by keykomg
MANA - Long Term / Outlook ⚪️Let's see how MANA is behaving. This is a 1D chart. (Long Term) Red area: Key resistance, which has been controlling the price since Nov 2021. Blue area: Consolidation channel Price has been moving sideways inside this channel and confirmed it as our safe price range. Green area: Essential support has been confirmed and tested. Be careful because this level is being tested again, and the market isn't strong enough. We might see it break down. Support levels: $2.1879 Resistance Area: $3.5430 Bollinger Bands can work as support and resistance too. Here is an example: The market is showing STRONG SELL volumes for MANA. Two resistance levels push down on value, and one support level holds the price high and shows strength. The higher band can work as resistance. The Middle Bollinger Band can push down the value, and the Lower band pushes the price up. If the price crosses the local resistance and stays above it for confirmation, we can open our long positions, aim for the next resistance, and use it as a TP point. The RSI shows that MANA is below the 50 levels, the center. If you want to know how the RSI indicator works, take a look at this Educational Idea. It'll help you have better readings: Current Market Price: $2.5565 Let me know your ideas. Good luck.
by ShawnMCR
2