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Manausd

MANAUSDT Price Falling? 🔨Hello Traders, Hope everything is going well. Today I want to share my thoughts on MANA. As you can see on 4H timeframe, price hit the descending line and it got rejected with a bearish engulfing candle. So I expect a correction here. Targets and Stop loss are shown in the chart. 🚩 Always remember to put stop loss for your orders in order to reduce the risk of your trades. 🚩 Always keep an eye on BTC chart as well because it can affect the movement of altcoins as you all know my dear traders. If you want to check out my other analysis , I have linked them below and also don`t forget to follow me for further updates and new analysis. Thank you guys for reading my idea on MANA and don`t forget to comment what you think. ✌
Short
by Existansilon
Mana bull flag breakoutHi, We are looking at the 1 hour chart of mana/usd. "Grayscale acquires huge amounts of mana" The gaming industry has strong growth potential. "The future is faster than you think". People like to play games. Machiavelli would confirm the previous. So what does the above mean? It means: "buckle up your seatbelt dorothy, because <1$ is going bye bye". (I took the red pill) This is not financial advice, I am not a financial advisor. Press the like button! Leave a comment in the comments section!
KRAKEN:MANAUSDLong
by Aroundthesun
2
MANAUSD TA Time 21-3-2021Greetings fellow traders! First time TA on Decentraland! I'm a gamer myself. So, this is one of my favorite crypto projects. Obviously I'm bullish. ^_^. Technically speaking we're seeing a pretty big symmetrical triangle on the 1H chart. Looks like EMI 1 is signaling a bullish reversal or confirming a support. If it does, it will confirm the bullish pennant. You know the drill, wait for candles to close significantly above or below resistance or support for confirmations. See charts for potential targets. Good luck, be careful and may the trend gods be with you!
KRAKEN:MANAUSDLong
by bonic
10
MANAUSD - Nearing critical decision point on 4HDecentraland is reaching the point of a larger symmetrical triangle consolidation pattern I've been watching for a while now. Decreasing volume indicates that a move is imminent. If the move has high volume and strength, that would be an indication to look for an entry point. It's also formed a bull flag inside of the larger structure. Within the next 24 hours, it'll make a decision which way to go, either way down, or way up.. not much in between I suspect. Wait for confirmation before entering a position. Target 1 is the measured move of the flag pole from the smaller move up, and Target 2 is the measured move from the impulse move to the top of the symmetrical triangle. Watching for breaks of $1.02, $1.07, and $1.11 as resistance points. Potential 30-60% gains from the move.
M
by Crypto_Mayhem
6
Decentraland MANA USD 4h - symmetric triangle pattern formingMANAUSD forming a similar symmetrical triangle pattern that other cryptos are right now after seeing big pushes to the upside. This one could take a while to break, barring any news to push the price up based on fundamentals. The most recent attempt to break resistance was rejected at the upper boundary line, so watch for the lower boundary touch to see if the pattern will remain intact. If it does, the bottom line may be a good entry point. If it breaks bearish, the measured move to the downside makes it ripe for a short. If it does not break bearish, the retest of the upper boundary will come sometime in the next 48 hours. Playing the ping pong between the boundaries could be a pretty successful short term strategy while the consolidation continues. Neutral until the retest of either boundary happens, which will dictate the entry point and duration of the trade.
M
by Crypto_Mayhem
1