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Manausd

MANA breakoutPlease 1st of all smash the boost🚀 button and follow me to support my work if you like it! It's absolutely for free. Decentraland broke up this triangle📐 and I think there is chance for run to 0.8455 and even higher. Setting BUY LIMIT order to previous range high to catch🎣 the pullback. The white uptrendline could be a good guide. ENTRY : local high @ 0.7969 STOPLOSS (SL) : local low @ 0.7817 TARGET (TP) : height of the triangle projected from midpoint of the local range (BUY LIMIT - STOPLOSS) @ 0.8455 REWARD RISK RATIO (RRR) : 3.2 INVALIDATION : when SL level hit Check my other stuff in related ideas. Please boost🚀, comment🗣️, follow me✒️, enjoy📺! ⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
Long
by bizmark
4
MANAUSD D1: 150% gains THE BEST LEVEL TO BUY/HOLD(SL/TP)(NEW)Why get subbed to me on Tradingview? -TOP author on TradingView -2000+ ideas published -15+ years experience in markets -Professional chart break downs -Supply/Demand Zones -TD9 counts / combo review -Key S/R levels -No junk on my charts -Frequent updates -Covering FX/crypto/US stocks -before/after analysis -24/7 uptime so constant updates 🎁Please hit the like button and 🎁Leave a comment to support our team! MANAUSD D1: 150% gains THE BEST LEVEL TO BUY/HOLD(SL/TP)(NEW) IMPORTANT NOTE: speculative setup. do your own due dill. use STOP LOSS. don't overleverage. 🔸 Summary and potential trade setup ::: MANAUSD D1/candle chart review ::: HIGHER RISK SETUP USE TIGHT STOP LOSS ::: further losses short-term ::: expect BEARS to target 60-65 CENTS ::: however strong bounce after correction ::: setup still valid as of today ::: chart is LOG SCALE ::: get ready to BUY LOW later near 60-65 CENTS ::: BUY LOW near 60-65 CENTS Dusing tight SL ::: currently correction in progress / no upside ::: dump until MERGE EVENT ::: for now stay out / wait for better entry price ::: up to 155% gains possible later ::: short-term pullback/correction ::: is possible / likely ::: however chart looks good for BOUNCE ::: SPECULATIVE SETUP ::: do your own due dill ::: and use proper risk management ::: TP bulls is +155% gains ::: details: see chart ::: FINAL TP is +155% ::: recommended strategy: BUY/HOLD 60-65 CENTS ::: TP BULLS +155% gains / 1.50 USD final TP ::: SWING TRADE: BUY/HOLD IT ::: bull run not over yet ::: good luck traders! ::: BUY/HOLD and get paid. period. 🔸 Supply/Demand Zones ::: N/A ::: N/A 🔸 Other noteworthy technicals/fundies ::: TD9 /Combo update: N/A ::: Sentiment mid-term: BULLS/STRONG BOUNCE ::: Sentiment short-term: CORRECTION/65C RISK DISCLAIMER: Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. Always limit your leverage and use tight stop loss.
BINANCE:MANAUSDLong
by ProjectSyndicate
10
Decentraland (MANA) sending mixed signals for AltsMANA 1D has been forming an ascending triangle in downtrend as opposed to the more common formation during an uptrend. To form this pattern you need an initial rally where price action begins to consolidate between a flat resistance point and rising support trend line before continue on. Unlike in an uptrend, when the ascending triangle pattern develops during a downtrend it’s more likely to signal a reversal than a continuation. Very rarely will the pattern form perfectly and in the current market conditions we have seen many fake outs and overthrows across most coins so always look for confirmation. How to trade this pattern: Go long on resistance break out but only after confirmation. Go short on support breakdown but only after confirmation. With that being said it's seems more favorable for the bears that we would see a breakdown of support as the prevailing trend is downward and can often lead to resistance holding. With pattern trading or candlestick patterns its always wise to use another tool for confirmation of your analysis. Something such as the RSI can improve your odds of succes.
M
by jlouvierobv
MANA long term opportunityChart analysis is simple, it has the potential to simply follow the ascending channel. I don't publish the wave analysis for the sake of clarity but may 22' indicates the end of 2 years cycle. A strong downward breakout invalidate the pattern but chances are low. I think Decentraland (MANA) is a well established crypto project, it has real utility but right now is undervalued. MANA has an established metaverse and far more succesful altcoins are promising a metaverse... I can't see strong reasons to this project falling into oblivion.
Long
by Yorokobi1272
2
Mana trying to flip the inv h&s neckline to supportIf it can succeed in flipping the neckline of this inverse head and shoulder pattern to solidified support, then the breakout target of the pattern should be around 1.28-1.30. It hasn’t validated its breakout yet though so if bitcoin takes a tumble, it could take mana down with it before it gets a chance to validate this pattern. Will likely see it decide which way it will go in the next 2-4 days. *not financial advice*
COINBASE:MANAUSD
by DrDovetail
1
MANA (decentraland) printed PI CYCLE TOP : BEARISH scenarioMarket is highly uncertain right now but MANA printed PI CYCLE TOP which is a super BEARISH signal. DMA24 is at 2.8802 and DMA50 is at 2.8945; and both these lies b/w DECISIVE candle body. SO, ZONE to watch right now is from $2.9800 to $2.7531. BREAK below $2.7531 lead to massive BEARISH crash which may broke $1.705 and wick can reach upto $1.1067. MANA is a long term project but right now has to maintain above $2.98 for BULL world. www.tradingview.com TRADE LESS,TRADE SMART. INDICATORS used in analysis are made by TOP LEGENDS of TRADINGVIEW.
Short
by cryptopreet
7