Here's how LTC will reach 1k (and you won't be ready)Firstly pay attention to long-term RSI values, where signs of a hidden bullish divergence emerge.
Secondary consider the blue scenario playing out (yellow) the same way as it did in the past.
The more bearish the crowd they said.
Fear and greed index currently at levels of EXTREME FEAR.
Mana
MANA - Weekly Outlook ✅Let's see how MANA is behaving.
This is a Weekly chart.
The Fib retracement shows that the price dumped on the support level. If the price falls, even more, the support level might be around the $1.9-$2.4 area.
The market is showing 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 Upper Bollinger Band can push down the value, and the Middle 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 above 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: $2.4437
Let me know your ideas.
Good luck.
MANA, why do big players sell at every pump?MANA is moving in a downtrend. A trend line can be identified on the chart. The price has broken through this resistance several times, but each breakout has been a false breakout. It is also worth noting that with each rise there was a volume at the top. This is a bad signal, a signal that the big players are locking in their positions at every good opportunity.
There are no big volumes to buy at the moment. The price may correct even lower. In case of a false breakdown of the key level and the appearance of volume, there could be a good buying opportunity.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
MANA - Daily Chart ✅Let's see how MANA is behaving.
This is a 1H chart. (Valid for 24 hours)
The Fib retracement shows that the price has passed a resistance level, and now it's turned into support. Now it's retesting another resistance level.
The market is showing massive 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 Upper Bollinger Band can push down the value, and the Middle 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 above 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: $2.8735
Let me know your ideas.
Good luck.
MY MINIMALIST CHART ANALYSIS FOR TOTAL3TOTAL3:BTC, ETHEREUM, and ALTS
12.30..21
0637H +8 SINGAPORE
Still, on vacation mode celebrating the holiday season. I am back for a day, working on my end year analysis.
Disclaimer:
The findings of the following analysis are the sole opinions of the publisher of this idea and should not be taken as a piece of investment advice.
ALERT:
Trading what looks like a possible BULL TRAP on a WEEKLY.
We are looking at a formation of a Head and Shoulder Pattern, based on VITAL SIGNS (RSI, STOCH, VOL., MA VOL.)
We did see a lot of bull-traps as foreseen weeks ago, and I hope you were able to trade it to buy the DIPS.
1. Downtrend had a Bearish Correction of FIB 0.618.
2. A Measured Move towards its base is therefore expected, within the zone of strong support.
3. Right Shoulder is higher signifying a Bullish Reversal, upon completion of the H&S Base.
Anything can happen, we still have 4 days on our countdown timer.
My Published Ideas are not 100% Accurate. There are many factors at a given time that can change the forecast.
The Market had amazingly moved along the TOPS and BOTTOMS of our BOXES, signifying TURNING POINTS of PRICE ACTION, and verified by major FIB levels.
Hoping that this MINIMALIST BOX CHART ANALYSIS will efficiently help you with your DYOR as we climb a NEW SWING CYCLE.
Happy Trading Everyone!
Created on a MONTHLY, WEEKLY & DAILY Analysis of a MARKET'S CHARACTER.
It is designed for SWING TRADES at the LOWEST or START of a SWING CYCLE.
INSTRUCTIONS: HOW TO USE THIS MINIMALIST (Bento Box) CHART
"FOLLOW THE WHITE RABBIT!"
Just Follow the TOPS and BOTTOMS of the BOXES as a GUIDE where the MARKET will take you.
TARGET ZONE IDENTIFICATION
The LARGE BOXES (Tops and Bottoms) are MAJOR turning points that will occur sometime in the future. While the SMALL BOXES (Tops and Bottoms) are MINOR turning points.
These can be entries to a BUY/ SELL POSITION, EXIT/PARTIAL EXIT/TOP-UP AREAS, as well as Support and resistance levels
Also includes MAXIMUM TARGET EXIT AREA OF VALUE - CONSERVATIVE (If price action conditions are right at that given moment.)
If it cannot break a TOP or BOTTOM of a BOX, It signifies a reversal.
At times I will include a WAY BEYOND PARABOLIC PRICE TARGET, depending on The Character of the Market (CRYPTOS ONLY).
DYOR for your Volume, Chart Patterns, Candlestick Math, FIB COILS ( ABC ), Price Action, FIB LEVELS, Market Dynamics, especially institutional and retailer trading psychology.
NOTE: That PRICE TARGETS for ENTRY and EXITS are DYNAMIC and can CHANGE from time to time.
Wishing you all The Best Trades and Thank you all for your Appreciation and Support of My Work.
Much thanks to My 3 Mentors. They are so much of a Blessing that I also wish to share my knowledge.
Vive Le Autist!
Vive Le Diamond Hands!
MANA - Daily Chart ✅Let's see how MANA is behaving.
This is a 1H chart. (Valid for 24 hours)
The Fib retracement shows that the price is now rejected by resistance.
The market is showing massive 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: $
Let me know your ideas.
Good luck.
Incoming Trend Reversal ConfirmationZooming in on the Daily chart to 2 and 4 hours, Mana broke out of the descending wedge and retested the bottom of the ascending channel, attempting a reversal in trend. Should it break through $2.96, there is nothing keeping it from entering the mid $3.20's for the first time in 10 days. Depending upon volume, there is always minor resistance at the middle of the ascending channel that sometimes sends it back down to the support before heading up. Volume is still low, any increases as of late have simply been a small number of people shorting the small bumps, which is totally fine (I do it because trend reversals need to set up first to have a meaningful move higher and is oftentimes more predictable). You'll notice that when it simply bounces, w/o a set up like on January 5-6 (28% in 16 hours) it gets rejected just as hard in the following day(s). But, this was an indicator that a trend reversal was inbound and that's where we are at, looking for a confirmation of the break-out in the coming hours. These are just the ideas that I am reading on the short-term chart and not financial advice. The MACD is not looking fantastic. Mana is back at the baseline of the Stoch RSI, supporting another attempt at moving higher...or at least not moving much lower. What we don't want to see is a close below $2.90 as that could lead to a short-term test of $2.50 area. The long weekend is coming to an end and I anticipate some higher volumes tonight and into tomorrow. As always, keep an eye on the Fed. news, BTC movement, and how Wall Street is trending. Keep a stop loss...still very volatile. Mine are a little loose right now because volatility goes both ways. Good luck.
Week 4: Weekend Watchlist UpdateHere is my Week 4 Crypto Strategy, now with a few tokens on watch.
Holding:
BTCUSD for a dead cat bounce to the 200dEMA
LTCUSD for the same
MANA for a possible breakout of the wedge
On Watch:
ADAUSD for a potential H&S
MATIC for a breakout
Harmony for a breakout
CELR for its resilience at this level.
SAND I might cheat in a bit here at this level
Holding:
Watching:
MANA - Daily Chart ✅Let's see how MANA is behaving.
This is a 1H chart. (Valid for 24 hours)
The Fib retracement shows that the price is consolidating.
The market is showing SELL volumes for MANA.
Two resistance levels push down on value, and two support levels hold the price high and show 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: $
Let me know your ideas.
Good luck.
A week later, same chart.Be patient. The market made it through the Fed last week. MANA has just been filling in the lines this week. Super low volume. MACD looks good on multiple time frames, pointing up on the daily. BTC 50 and 100 still don't look great...but MACD is good. We'll see what BTC does at 48K?
MANA - Daily Chart ✅The Fib retracement shows that the price has pumped and now is retesting a resistance level.
The market is showing SELL / NEUTRAL volumes for MANA.
Two resistance levels push down on value, and two support levels hold the price high and show strength. The higher band can work as resistance.
The upper Bollinger Band can push down the value, and the middle 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 above 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: $3.0258
Let me know your ideas.
Good luck.
Decentraland 12H TA : 01.15.22 : $MANAAll supports and resistances are marked on the chart. As we can see, the price is in an important range and recommended to keep an eye on it ...
Follow our other analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 15.Jan.22
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
Solice competing with SandboxHello there everyone!!! 😃🌏👋
Thank you for considering my approach today, let's dive in⭐⏬
Note 📌 more accurate target will be available as we move along, this is a relatively new project. My bias is very bullish🏵🐮
Fundamental analysis :🤸♂️🌊
So, Animoca Brands who created the p2e game the Sandbox is at it again along with the incredible Solice team. The CEO of SLC was one of the members of the original Fantom team. Turns out Animoca is top investor in the Solice VR metaverse project . It's no surprise to see them investing in meta projects across all blockchains it's what they do... but not this heavily, so we suspected bullish price action at launch.
Anomica is not the only investor in this VR project either, it was also invested in by gate , Kucoin , and FTX via Alameda research. Launch was on gate and huobi , then it was added to dex's on Solona such as Raydium and Orca .
💭😁
They've locked up a large amount of the supply with a massive staking system ranging across dex's and exchanges. The last staking will be on tomorrow Jan 15th for one full week on gate📌🕘📆
I can't help but think that these big players have something planned for when it's all locked away, after all, Pro Shares just filed for a Metaverse ETF . There is clearly institutional interest and SLC's stopping power against BTC downtrend is very apparent.
Technical analysis: 📈📉
This is relatively new token, so we don't have a whole lot of data yet but here is what we know👀
💫We saw price correct and bounce from 0.618 fib after reaching 4.25 dollars from 7 cents at launch.
💫Watch the chart as it's breaking out on the daily now and seemingly gaining support at 30 percent retracement line.
💫We could see a retest of upper purple line on chart above before more upwards movement.
💫If we fall below ~2.79 again, an updated TA would be wise 🐶
💣 WIth that being said buy pressure is very high right now and no one really knows
✔ This metaverse land💲 is not going to be cheap (in theory)🏜🌋🏝
📆📌🕘 Four land sales🏝 🌅are coming up which will require large amounts of SLC to purchase. The game itself launches this quarter. In my opinion we could see 10 to 25 dollars in the coming months given the current MC and the amount that is locked up.
In fact, at a Sandbox or Mana MC the coin would be worth 100's of dollars in the future... Meta and the right p2e projects have been the play indeed in the past couple months. That being said, I always recommend you do your own research👽
Thank you so much! Happy trading all and please remember 👍👇
🛑🛑🛑This is not financial advice🛑🛑🛑 Above are approximate targets based on fibs etc. I always recommend looking at multiple charts when making a big investment!
Always have a stop loss ✋🛑💲 set
Any thoughts 💭💡, questions 🙋♀️🙋♂️❓, good 👍, bad👎, happy 😄 or sad 😥, in the comments always welcome.
Jazerbay ☯