Get started

Mana

Decentraland Mana. Where this Metaverse Is Going?Hi Traders, here is my view for Mana on a Daily Chart. Weekly Chart is very clean, PA hit Fibo Retracements by the book. I am looking to find a way to post 2 charts in the same idea but for now I post the Daily. Price is at a major S/R, halfway between the Nov 2021 High and 23.6% Fibo Retracement Weekly support. Daily Chart PA ia at 2.70 I am Bearish if price breaks below 2.6750 and find resistance to backup. It is probable a retest of the green area and then bounce back , resuming trending up. Further down move to the 2.00 if it stay below the green area and can't hold the last lower low. Recap Solid bounce above 2.750 and I am bullish, target 3.300. Any move lower 2.700 and I am bearish. l Look for short at 2.500, first target at 2.20,2.00 then (very bearish) 1.750. I'd like to see a double bottom in area 2.0/1.80, it will be a strong bullish pattern. Please, be aware, this is NFA. Do your own research. i'm noob and stubborn
by MarkZeroj
MANA approaches crossroadsMANA is holding support well. Should the blue line break, a drop to $2.57 is imminent. If MANA doesn't break the pink and/or orange resistance, the blue ascending channel turns into a bearish rising wedge with a similar target ($2.60). Don't fret, the pink ascending channel would still be intact. I took my first tour of Decentraland today. It was about time, given the amount of capital I have invested...borderline foolish of me. That being said, I was really impressed with the unfathomable potential in the metaverse.I have a tight stop loss set for $2.49. This is not financial advice. This time tomorrow we will know its trajectory for sure. Volume is low, but a break above $3 should attract buyers. Above $3.03 could send it fast to $3.40-$3.50. Sit tight.
MLong
by keykomg
BITCOIN 1D TA : 03.02.22 : $BTCAs you can see the price is in Premium market range and it's good for sell or take your profit from the BUYING in discount market range . i expect the price to faLL to 41000$ to 41500$ range and then START a new uptrend ... that's just my idea ... (DYOR) Follow us for more analysis & Feel free to ask any questions you have, we are here to help. ⚠️ This Analysis will be updated ... 👤 Arman Shaban : @ArmanShabanTrading 📅03.MAR.22 ⚠️(DYOR) ❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
COINBASE:BTCUSDShort
by ArmanShabanTrading
14
104 months of LTCBTC price actionAs time goes on and Bolinger Bands of this chart get tighter over time, a possible significant price movement is expected, following news related to Litecoin adoption. Many times before in the history of Litecoin we did witness explosive price surges following the news (i.e. fake Walmart announcement). Currently, in the areas of ALL TIME LOWS, Litecoin presents some lucrative opportunities for patient SPOT BTC traders who follow capital management. Leverage trading at this point is rather not recommended. Incoming volatility and possibly large incoming volume might result in long shadow wicks on lower time frames.
Long
by crypto_poet
MANA, inching closer......to a break out of descending channel at $3. If TA wasn't tricky enough with the Fed. and Covid... In the grand scheme of things, Ukraine should teach us that none of this matters at the end of the day either. That being said, should technical analysis even work when the world is shittin' its bed, the Inverse H&S has a target of $3.40. I'm less impressed with MANA's hype of a fashion show than I was about large corporations and banks opening up shop in Decentraland. However, it at least is showing the world application potential. I've been to a couple of fashion shows in my day and I'm not sure I dig the avatar version over the real thing, this doesn't mean I didn't have a "thing" for Smurfette in my younger days. Good luck. Don't take financial advice from people who talk about Smurfette...
MLong
by keykomg
3
💡Don't miss the great buy opportunity in MANAUSD @decentralandTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (2.4984). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . MANAUSD is in a range bound, and the beginning of an uptrend is expected. . The price is below the 21-Day WEMA, which acts as a dynamic resistance. . The RSI is at 53. Take Profits: TP1= @ 2.9458 TP2= @ 3.1684 TP3= @ 3.4028 TP4= @ 3.6170 TP5= @ 3.9687 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex / Crypto trader? Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_World
4
💡Don't miss the great buy opportunity in MANAUSD @decentralandTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (2.4984). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . MANAUSD is in a range bound, and the beginning of an uptrend is expected. . The price is below the 21-Day WEMA, which acts as a dynamic resistance. . The RSI is at 53. Take Profits: TP1= @ 2.9458 TP2= @ 3.1684 TP3= @ 3.4028 TP4= @ 3.6170 TP5= @ 3.9687 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex / Crypto trader ? Now, It's your turn ! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
4
MANA / USD 1 hour chart patterns -waiting for the bottom.I feel just by the nature of opportunity there should be more downside. if i was a market maker i would take advantage of all the unknowns in the air and push the entire market down with shorts. (I personally do not short. I buy and hold and buy and sell.) but i can see the structure. Same fear and greed. and these people are often the same as the ones who drive pumps. We all love those. It seems manipulative, and it is, but it exists in all markets as does all criminal activity. It is the energy that keeps the wave patterns moving . I think the Government oversight groups into crypto should be the same as any financial item that you own and pay taxes on. I think Right now that is the Department of Treasury. They would benefit greatly if they just simply added crypto to the treasure of the treasury. The fact that they print money and make money off of making money is a bit of a relic. From the 2021 budget - "including $1,030.0 million in Bureau of Engraving and Printing (BEP) costs and $65.8 million in Board costs. The increase is primarily for higher banknote printing costs due to the demand for cash that followed the onset of the COVID-19 pandemic" The basic functions of the Department of the Treasury include: Producing all currency and coinage of the U.S.; Collecting taxes, duties and money paid to and due to the U.S.; Paying all bills of the U.S.; Managing the federal finances; Managing government accounts and the United States public debt; Supervising national banks and thrift institutions; Advising on domestic and international financial, monetary, economic, trade and tax policy (fiscal policy being the sum of these); Enforcing federal finance and tax laws; Investigating and prosecuting tax evaders; Publishing statistical reports. Crypto could turn all of that around. Smart contracts will give more control. the game market and the Meta World tokens will be monitored through these cross platform transactions or when converted to USD coin. In that world i can have and use Mana all i Want in VR worlds and VR assets and only pay taxes when i transfer gain to USD whatever. These are my hopes in my thinking of the Crytpo world. I Probably wont keep mana though. But will buy and sell if i see action. that currency climbing is the important part of the US stable coin.
COINBASE:MANAUSD
by mindfree
5