Decentraland (MANAUSDT) TA: 22.2.22Mana has strong support in the $ 1.7 range, which can move up to the $ 5.5 range and the uptrend channel if supported.
⚠️ This Analysis will be updated ...
👤 Sadegh Ahmadi: @SDQ_Crypto
📅 22.Feb.22
⚠️(DYOR)
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Mana
MANA Short Position to 1.85 $Mana CryptoCurrency has created a "Head and Shoulders" pattern at the end of its short-term uptrend, with the price now complementing the pullback to the pattern neckline.
This is an opportunity to enter a safe sell position if you see a price reversal from the neckline range with a Stop-Loss above the neckline stabilization and Targets based on 0.38 and 0.5 Fibonacci in the previous wave (equivalent to $ 2.3 for Considered the first Target and $ 1.85 for the second Target).
Do not forget that Mana is the largest cryptocurrency in Metaverse and due to the positive atmosphere of Metaverse Projects this year, it can change the way rapidly as the market expands.
So always pay attention to the status of bitcoin during the position. This is a personal comment.
MANA has fallen to an important zone, what next?Indeed the market has been on a free fall. Mana is getting its share of the effect of gravity.
Mana has formed an important pattern "M"... this asset is sitting at an important zone which is the neck of the M-pattern.
Looking at my TA, is either MANA breaks through the trendline at the neck of the pattern or the support at that zone holds.
Possibilities.
1. The bearish run continues, break through the trendline and ride to $2.4 zone
2. The support level holds and the bull come back to push this asset to $2.8 -$3 levels.
Warning: RISK MANAGEMENT IS IMPORTANT.
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💠Analysis For ADA Holders 💠*️⃣ ADAusdt - Cardano
⏰ Time Frame : 1D
🟠 The price is moving on downtrend and It's close to fib 0.786 local and dynamic support line.
We have to wait and see how it reacts to this area.
🔶🔶 I have two senarios that I have shown in the chart.
⚠️ (This isn't a signal for buy or sell)
#️⃣ 02 / 22 / 2022
👸 Analyzed by : Parisa_Alipoor
♒ SOL on Support Area ♒♒ SOLusdt
⏰ Time Frame : 1D
🟡 The price is moving on downtrend channel. Maintaining the closest support range is important. If it can maintain this range it can reach these prices 105.77 - 116.00 .
🔴 Otherwise it can see lower prices 58.82 - 44.00
All Supports and Resistances market are in the chart .
⚠️ (This isn't a signal for buy or sell)
#️⃣ 02 / 22 / 2022
👸 Analyzed by : Parisa_Alipoor
✴️ SHIB - 4H ✴️🌾 Update 🌾
🦊 SHIBusdt
⏰ Time Frame : 4h
❌ I said before ; "We are waiting for reaction to the support zone, between 0.00002707 - 0.00002825 . If stabilized, it can move to previous resistances." ❌
Now you can see the price couldnt to stabilize and is moving in the downtrend channel . Prior resistances affect price movements.
⚪ All Supports And Resistances are shown.
⚠️ (This isn't a signal for buy or sell)
#️⃣ 02 / 21 / 2022
👸 Analyzed by : Parisa_Alipoor
Decentraland is coming to a vital demand zone!!! MANA!Decentraland - On the weekly chart we have a confirmed trend to the downside. Making lower lows and lower highs.
On the daily chart we are trending up making higher highs and high lowers. We have a liquidity void @ $3.66 that needs to be filled. We have a little demand zone that price action could react at the $2.60 region to push up. If this fails and we go $2.43 we are going to the downside. I expect a push up start of the week next week to fill the void above. However this could just be a liquidity grab to the downside.
If we can break above $4.oo the bulls have gained control on the higher time frame.
Most alts are coming to a vital demand zones that need hold or more downside is coming. The next week is going to be a vital candle in the direction we are going.
Crypto Over View of Alts ADA SAND XRP and OthersFeel free to come into my streams and ask my opinion on anything with a chart and to share your ideas. Most of the alt pairs I look at are from viewers suggestions. I obviously do not trade the ~140 cryptos I have in my list, but it isn't a lot of work to keep tabs on things and go through them.
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time to short as history repeats itselfThis is a CIX (crypto index) chart all the top altcoins have been acting the same way since the market has fallen. i believe this is the time to short bitcoin and altcoins. The same levels were seen in may of 2021 and the market tend to fall again in june (which continued till july of 19th) which i'm predicting here. if you are going to short BTC (for an example) go for 33k USDT (currently at 40120). last year in may we saw bitcoin at 30k but the lows are high this time so go for 33k as 268k was my resistance which i saw made earlier but it went to 280k which is 4.2% higher than may.
Could be worse?Of course. MANA actually looks good on the chart, bouncing off the support of the Blue ascending channel. Furthmore, should MANA break upwards from the potential triangle @ $3.29, the target for said triangle has confluence with the top of the ascending channel, just above $4. I understand why investors are choosing less risky investments when there is a potential crisis in Ukraine. I do not understand why investors pull back when news of inflation hikes hits the news because crypto is an excellent solution to that instability. What it says is that the masses are still educating themselves in this industry...just not keeping up. On the down side, I fear if this support fails, $2.60(fib), $2.45, $2.15 all become potential support.
✴️ Can SHIB Stabilize For Growth?? ✴️🌿 Update 🌿
🦊 SHIBusdt
⏰ Time Frame : 1h
✔️✔️ I said before ; "The price is moving in the downtrend channel . If the price breaks above the channel, it first increases to 0.00003173 _ 0.00003222 . After that we wait for the price to stabilize. Prior resistances are important."
Well You can see that touched both prices , but couldnt the price to stabilize.✔️✔️
⚪ Now We are waiting for reaction to the support zone. If stabilized, it can move to previous resistances.
⚠️ (This isn't a signal for buy or sell)
#️⃣ 02 / 17 / 2022
👸 Analyzed by : Parisa_Alipoor
🦇 Is BAT moving downtrend? 🦇🦇 Is BAT moving downtrend? 🦇
🦇 Basic Attention Token
⏰ Time Frame : 1D
Well, the price is moving in the downtrend ,
And has not been able to break the trend yet
🟡 I think the price will move to down that I shown in chart, After that its important keep the support static
So we can to decide for By position.
we can expect the price to move towards resistances
🟢 The second scenario is to break the downtrend and move to the resistance areas.
I think happen first idea :))
⚠️ (This isn't a signal for buy or sell)
#️⃣ 02 / 17 / 2022
👸 Analyzed by : Parisa_Alipoor
Zooming in on MANABTC is behaving, bullishly bouncing off its support, poised to break $45k with resistance around $45,150 area. Sometimes after MANA rallies, it takes a break and the other tokens take a turn. I was concerned about yesterday's rally being shorted after Samsung's V-day novelty wore off, but thanks to JP Morgan stepping into Decentraland, MANA is following its path to the next levels. I zoomed in on the 1hr to illustrate where MANA is at and where it will have minor resistances on its way up to the next targets. This is not financial advice. MANA does need to break $3.41 or risk creating a short-term H&S. An hour ago, I was keeping an eye on the $3.16 level. Should MANA drop below this support, a drop to $2.97 is likely. Don't get me wrong, I believe MANA will hit $2.97 in the future, BUT I think it will hit $3.88, $4.34, maybe $5.10 first. Again, not financial advice...but yes, MANA is following all the fundamentals.
🔳 Two Senarios For GALA 🔳🔳 GALAusdt
⏰ Time Frame : 1D
The price is in the dynamic area of resistance.
There are two Senarios :
🟡 The first is move to down.
Then we wait for the support floor to form
After that we can to decide for By position.
🟢 The second scenario is to break the resistance dynamics and move to the resistance area. Subsequent resistors are shown.
⚠️ (This isn't a signal for buy or sell)
#️⃣ 02 / 17 / 2022
👸 Analyzed by : Parisa_Alipoor
DECENTRALAND (MANA) 62 Fibonacci ❌🧨My previous analysis hit the target 💣🐳💣
and now
here we have signs for the correction to the downside ❌
if the support area here breaks by the price, we can expect more dump, at least to 62 Fibonacci ❌🧨
and then
if the price stay above the 62 Fibonacci, we can see gain for the price ✔️
Please, feel free to ask your question, write it in the comments below, and I will answer.
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