MANA/USDT bullish horizon from support? 👀🚀Mana Today analysis💎 Greetings, Today, we delve into the intriguing movement of #MANAUSDT. Currently, it is meticulously maintaining momentum at a critical support level of $0.5484. This level holds immense significance, and its ability to transition from a mere retest to a robust support could be the harbinger of a potential bullish surge.
💎 Despite failing to break the previous high, short-term bearish sentiments persist for #MANA. However, there’s hope on the horizon. As of now, the price approaches the key support level at $0.5484. If it maintains this momentum, we may witness a delightful bullish reversal—a phoenix rising from the ashes.
💎 But remember, my friends, markets are fickle. Should EURONEXT:MANA dip below this pivotal zone, our strategy must adapt. Brace yourselves! We anticipate a bullish rebound from the secondary support level at $0.4686. Failing to reclaim ground here could spell further declines. So, stay vigilant, stay nimble, and let’s navigate these market fluctuations with grace and precision
Mana
MANA is very bullishThe diametric of the big wave B is over and we are now in the big wave C which is very bullish
Price is just looking for a support to start a big rally.
By maintaining the green range, it can move towards the TPs.
Closing a daily candle below the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Alikze »» SAND | Pullback to broken structureThe Sandbox is a blockchain-based platform that offers creative and decentralized gaming experiences. SAND combines DAO, Metaverse, and NFTs to usher in a new era of gaming.
🔰 In the weekly time, it has made a mixed correction, which after 50% correction of the previous wave has faced demand in the range of 0.27, and now with the failure of the dynamic trigger and a correction and a pullback, it has a growth up to the supply area and neck line. Therefore, I expect that after completing the corrective lag, it will face demand and advance towards the target.
⚠️ The invalidity zone of the analysis is the range of 0.39, and penetration and stabilization below that analysis will be invalidated.
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Alikze »» LOKA | Ready to defeat the dynamic triggerLeague of Kingdoms Arena is a strategic game governance token with a small market cap, with almost half of its tokens in circulation.
After a mixed correction at the bottom of the range of 0.16, demand is met. Currently, it has done a full movement cycle in the form of wave 1, and after the correction of wave 2, this moving wave of wave 3 or upward C can continue its growth after breaking the dynamic trigger to the specified areas. Therefore, according to the momentum of the wave, we should witness the failure of the dynamic trigger for the specified goals.
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It could reach $2.50 within a few weeksWhat's going on friends,
I took this trade with the sole intention to make profits, so I have a stop above my entry, around the $0.55 cents because I wouldn't want to be negative here.
But if it plays out, the pattern I mean, $2.50 could come within weeks, maybe right after BTC's final pull pack patter is done and we're finished with this short term down trend.
Don't miss this one!
Alikze »» ILV | Wave 3 or C continuation scenarioIn the daily and weekly time, after a complete cycle of correction and bottoming in the range of $37, a motivational wave is entered, which completes a complete cycle in the form of a 5-wave, which in the 2nd correction wave, after making a corner pattern, which according to the previous analysis He reached his goals.
🔰 But currently, this upward cycle can be continued up to the specified areas according to the momentum and type of behavior and structure.
🔰 Currently, the current zone must be broken to continue the path.
⚠️ In addition, if it penetrates and stabilizes under the red box area, this movement scenario will be invalid.
🟩Sup:Red Box
⛳️Tp1 : 177.62
⛳️Tp2 : 228.39
⛳️Tp3 : Red Box-2
⛳️Tp4 : 471.83
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MANA/USDTBasing on the price that MANA has decreased for 90% since ATH, I see following possible uptrend move for MANA/USDT .
Currently price for this system is holding in the middle channel of the straight global channel, at the same time in the downtrend channel since ATH.
It is not a financial advice, only for study and observation.
📈Weekly Analysis: Bullish Signals for MANA🔥🔍Today is Sunday, marking the end of the week and typically low trading volume. Hence, we'll analyze the weekly timeframe for Mana against USD for potential insights. On this timeframe, Mana has reached a supply zone, evidenced by a bearish engulfing candle. However, the current candle is showing signs of buyer strength.
📈If this candle closes bullish, we can consider a pullback to the level of $0.5517, supported by the 7-period Simple Moving Average (SMA). Additionally, Fibonacci retracement levels indicate that we've reached the 1 extension point, suggesting a consolidation phase. For higher targets, $1.0989 could be considered, overlapping with the 1.414 extension.
📊Volume is decreasing during this correction, signaling a healthy trend. The Relative Strength Index (RSI) previously faked an overbought condition and could potentially surge upwards again.
🛒Buying on the confirmation of the current candle closing bullish seems opportune.
🧠💼Just remember, jumping into trades too quickly before the main trigger can be risky. Always manage your money wisely and be aware of the risks involved.
MANA can get rejected and go lower from 0.7053MANA can get rejected and go lower from 0.7053
🔵Entry Zone 0.6837 - 0.7053
🔴SL 0.7250
🟢TP1 0.5982
🟢TP2 0.5188
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MANA ANALYSISGiven the bearish CH and the pullback to the resistance range, it seems that MANA is trying to drop further
The target is the lower demand box.
Closing a daily candle above the invalidation level will violate this analysis
Note that the financial market is risky, so:
Do not enter any position without confirmation and trigger.
Do not enter a position without setting a stop.
Do not enter a position without capital management.
When we reach the first TP, save some profit and try to move the stop continuously in the direction of your profit.
If you have any comments please post them, comments will help us improve our performance
Thanks
Mana has finally hit the inv h&s target; close to channel targetWe can see Mana has finally reached it’s inverse h&s target and is also now very close to reaching the full descending channel breakout target too(dotted yellow line). It’s been a long time since I even checked this chart but glad to see it finally joining the full bull market with the rest of the alt coins. *not financial advice*
MANA/USDT It required Breakout for Continue the upward Move!💎 MANA has indeed made its mark in the cryptocurrency market with significant market dynamics. Currently, MANA is facing resistance at the supply area.
💎 If MANA successfully breaks out above this area with a confirmed daily candle close, it can probability continue its upward movement and reach our target area.
💎 However, if MANA fails to break out above the supply area, there is a potential for the price to be rejected and gradually move downward towards the demand area around 0.574 to establish a new momentum.
💎 At the demand area, it is crucial for MANA to bounce decisively to attempt another breakout above the supply area. Failure to hold the support could indicate a bearish reversal, leading MANA back to downward movement, potentially reaching lower levels.
DECENTRALAND - 200% Easy Gains Made! ✅In our last analysis we identified that we were in a correction and were looking for subwave c of wave B.
We got another perfect setup! Almost 200% made on this move.
We will be taking profits here and getting ready for the next move!
Goodluck and as always, trade safe!
Decentraland (MANAUSDT) Bullish Breakout LoomsDecentraland (MANAUSDT), currently trading at $0.80, appears poised for a bullish breakout, fueled by growth in its NFT Marketplace .
A potential surge in price, with the first target resistance set at $1.14, followed by $3.58, and a final ambitious target of $6.00.
While past performance is not necessarily indicative of future results, a breakout above current resistance levels could signal a significant increase in investor confidence and trading activity for MANA.
It's important to remember that the cryptocurrency market is inherently volatile, and these are just predictions. Investors should always conduct their own research before making any investment decisions.
🚨#MANA/USDT Long#MANA
The price is moving in a perfectly formed head and shoulders pattern
We have a higher moving average of 100
The rise is expected to continue to complete the model based on 4 goals
Entry price is 0.4611
The first target is 0.4779
The second target is 0.4935
The third goal is 0.5172
The fourth target is 0.5378
Alikze »» MANA | Upward motivational waveIn time 2W, due to the complex corrective structure, it has completed in a corner pattern, which after exiting the density is now in its upward motivational wave. According to the previous analysis, which touched the target, it will have the ability to reach the next supply range after breaking the current range. But in higher time, he will have the ability to reach the next zone, according to the type of movement behavior, it is expected that he will touch the next supply zone in the first step.
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Mana in a similar bear flag as gala was.Just like my previous idea I posted on gala, mana is also currently inside a similar bear flag where the flag is also a descending channel. The full breakdown target for this would be negative 1.80 so I think it’s more likely this bear flag breaks upward…the descending channel on its own usually breaks up so often when you see it as the flag of a bear flag it can increase the likelihood the bear flag breaks upward instead of down like they usually do. It could still break downward and not hit the full 100% breakdown target of course but I think its more likely it could break upward…it could also only reach the smaller bullish breakout target of just the channel instead of breaking up the length of the bearflag’s pole. Will have to wait and see….unlike gala we aren’t seeing any super significant bullish volume candles on mana yet, it also has zero candles above its channel as of yet…but that could change in the very near future. It has slightly less breakout potential as gala currently has as it would only go roughly 3x if it reached the top price target where gala could as much as 5x. *not financial advice*
DOGE RALLY IS OVER Multi Year Correction/Consolidation ComingDOGE was fun if you knew how to trade it. The run and hype is over. The retail FOMO investors that completed wave 5 blow off top are the only ones holding the bags now. Indicators are showing real weakness and heavy selling pressure. The symmetrical triangle in a downtrend means continuation to the downside. Not financial advice. Have fun and don't lose your shirt.
Alikze »» ARK | Multiple zigzag completionIn the daily time, according to the correction of the multiple zigzag, now with the breakdown of the descending channel and the higher floor and the confirmation of the higher floor, any pullback to the ceiling of the broken channel will have the ability to grow up to the specified areas. In case of inability and loss of the 0.78 area, it can touch the liquidity area again.
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MANA/USDT Could MANA break the pattern or going to retest ??💎 MANA has recently witnessed significant developments in the market. Currently, MANA appears to be on a downward trajectory, heading towards the demand area. There is potential for a significant bounce once it reaches the demand area.
💎 However, if MANA aims to reverse its course and move upward without retesting the demand area, it faces a challenging task, as it would need to break the existing pattern.
💎 The target for an upward movement could be the strong resistance area, but achieving this probability would require a breakout to reach our goal at the Bearish OB.
💎 On the other hand, if MANA retraces to the demand area during a retesting phase and fails to sustain itself there, resulting in a breakdown of the demand zone, this would be a bearish signal. It could trigger a continued downward movement, potentially returning to the strong support area.