MANA/USDT : Moving into two channels BINANCE:MANAUSDT
Hello everyone 😃
Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it!
$MANA is moving into double ascending channels and so, the lower trendline should be acting strong enough.
In terms of this, I'll be managing to locate my Longs in two separate strategies.
- Taking partial Long based on active stop-loss at $0.88 with a stop-loss at $0.83 as 4H close below.
- Taking Long based on invalidation when it gets the hold above the marked red zone.
So it's your choice, You know your risks better...
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Attention: this isn't financial advice we are just trying to help people with their vision.
Have a good day!
@Helical_Trades
Manausd
Which is the better trend line? MANAWhat do you think, which is the better trend line......
The line that accounts to the tip of the wicks, or the other which ultimately accounts for the body of the candles.
I do like the more shallow trend line, simply because that one for me would innately be less risky for longs.
MANA lost its steep upsloping trend line and then was retested. We go down now, but to where? That is the key question.
033. PIGGISH PLAY - Long MANA/USDBeen a while since I posted a pig play. This is mainly because I have been waiting patiently for markets to pullback or crash for months now. While I have posted some short plays, this market is being propped up on hot air and it has become clear that trading should be done sparingly until this topping nonsense comes to an end.
Meanwhile, I have many ideas for AFTER the drop in the stock indices and bitcoin and only two bullish ideas for the here and now: gold and mana.
One could argue on behalf of either of these assets for being the next major wealth transfer destination for their inherit defensive properties against inflation. As natural safe harbors for wealth preservation (well, gold for sure and mana tbd), I feel comfortable longing either and/or both in the near-term.
I have stated before that MANA is particularly interesting to me because it is (for now) completely decentralized - meaning the central banks cannot f with the supply dynamics via obviously bad policy practices. I love gold, but in keeping with the crypto zeitgeist and the general trend of computerizing assets, I present you with the idea above.
The instructions are all displayed in the chart and if you follow them somewhat closely, I am sure that you will be happy you did in a year's time.
The last and most important item is to WAIT FOR BITCOIN TO RETRACE SIGNIFICANTLY before an entry consideration into MANA or any other coin. Alternatively, for the more diligent crowd, you can see whether MANA diverges from BTC as BTC is dropping via basic side-by-side observation or keeping a close tab on the near-term correlation coefficient. Either method can serve as additional confirmation of a bullish future for MANA, but I would still wait for the price levels depicted above before entering.
That is all, best of luck, don't get greedy in stocks, etc.
-MANIC-PIG, MANA-PIG
COINBASE:MANAUSD
BINGX:MANAUSDT
COINBASE:MANAEUR
COINBASE:BTCUSD
COINBASE:ETHUSD
BITPANDAPRO:BTCEUR
BITPANDAPRO:ETHEUR
MANA$MANA breakout Descending channel pattern. in 1h timeframe valid breakout and has retesting on resistance become support line.
we can setup entry nor or wait for valid breakout and retest at 4H timeframe
Buy zone : 0.884 - 0.837 - 0.795
Target : 2.543 - 2.673 - 2.839 - 3.012 - 3.239
Stop : 0.775
MANA path to sucessHeres the short term MANA path to success.
Looking for a break overhead and then a retest.
The 1 hour ichimoku looks ranging and price action/cloud/lagging strand all intertwined.
The 4 hour ichimoku looks like price action is on the verge of breaking above the cloud.
Get 1hr price action and lagging strand above the cloud (and price action), and the 4hour breaking above = a decent rally.
Just some patience right now is need though.
MANA 1D Goals for buying and selling in the idea descriptionToday, we will talk about the project Decentraland and the trading pair MANA/USDT
If memory serves, Decentraland was created in 2017 at the hype of ICO projects, then he predicted great prospects, because the main feature — it is the purchase of game pieces of land. But then the maximum to which the price jumped MANA/USD was around $0.20, the idea of project did not come up, then ...
Then there were painful 2 years of price falling and trading in the range of $0.04-0.08 and here we are in 2020.
When the boom around Defi projects and NFT started, the interest around MANA gaming project, which was conceived before it became mainstream, came to life :) Two years and roughly speaking x200 to x220 increase in the price of MANA/USD
And it seems that the current price is not the maximum for the trading pair MANA/USDT
Globally, we would sold the investment position of MANA at $25-28
And now let's look at where the MANA may be good to buy for those who do not have it in their investment portfolio.
On the chart, we've depicted three possible levels for a correction and, accordingly, levels from which it is safe to take a long.
They are $2.80 $2.00 and $1.25 , everyone can place buckets to buy according to his/her purse and risk management.
And in the comments , please write why you are interested in Decentraland project and why its token price should grow.
_____________________
Since 2016 , we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
MANAUSD ❕ fixing above the channelMANA is in the liquidity area and fixed above the descending channel.
The coin is above a large liquidity.
Price held 50MA (4H TF)
Trading volumes are showing interest in the upside of the price.
RSI and price have formed a bullish divergence (4H TF)
I expect price to rise from current levels.
DECENTRALAND (MANA) the last chance(bottom)and the range market Hello 🐋
Based on the chart, the price is close to the major support (bottom) or better to say the previous zone that started its amazing pump to the upside and the round number $1 resistance ✔️
if
the price doesn't break the support level to the downside, we will see more gain beside the range market is an acceptable scenario too 📖💡🚀
and
if the price breaks the range area to the upside, we will see more gain 🚀
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
Decentraland (MANA) - June 20hello?
Traders, welcome.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a good day.
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(MANAUSDT 1W chart)
The decline below 1.2150 can be seen as a transition to a downtrend from a long-term perspective.
Below 0.6787 is likely a mid- to long-term investment area, so careful trading is required.
(1D chart)
A move outside the 0.6787-1.2150 zone is expected to form a trend.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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Crypto Market Retracement IdeaLoads of coins that have set new highs over the past year have not had a retracement yet, BTC, ETH, ADA, MANA, etc.
With the current market sentiment being so fearful, it's possible to see the market bounce back to the 0.382-0.618 regions as shorts start to close and bears wear off. The retracement could then act as the perfect bull trap for smart money to cash out.
The head-scratcher is whether or not coins that haven't set new highs (80% of the market) will go on to do so during this retracement, or simply just continue to follow BTC.
✅TS ❕ MANAUSD: bounced off✅✅MANA bounced off the resistance level and headed down. Now the price is making a small correction, after which we can expect a continuation of the fall.✅
🚀 SELL scenario: short to 0.7658.🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
Decentraland (MANA) - Daily AnalysisHello to all members of TradingView and my followers.
MANA last week showed the inability of buyers on the support level of 0.88 to $ 0.98. The sell-off in the market had a relatively large impact on Mana, with the currency hitting $ 0.74. Based on the chart, support at $ 0.74 to $ 0.80 is a further price decline.
Therefore, if the market conditions stabilize, buyers are expected to be able to raise the price above the level of $ 1 again. If the downtrend line is broken this time, there is a potential for a price increase due to the positive divergence of the RSI indicator. But if we still see sales pressure in the market, the price could break the current support and record a further drop to the level of $ 0.50.
If it is helpful to you, please like it. If you have a comment, I'll be happy to know. Respectfully.
Decentraland (MANA) formed bearish BAT for upto 18.50% bear moveHi dear friends, hope you are well and welcome to the new trade setup of Decentraland (MANA) with BTC pair.
Recently I shared a long-term trade setup for MANA, which is still in play:
Now on a 4-hr time frame, MANA has formed a bearish BAT pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
MANA/USDT - Potential Short ScenarioHello Traders!
MANA continues downward movement
The price is currently under $0.95, which acts as resistance.
We can assume that in the near future, the downward trend will continue as an impulse movement. In this case, it is possible to consider the medium-term purchases.
The price range of $0.36 - $0.48 will be an area of interest for such purchases.
The targets will be the price levels of $0.80 and $0.95
Good luck, and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
#MANA/USDT 4HOUR UPDATE BY CRYPTOSANDERS !Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
MANA breaks the resistance line and slowly moves up. Our long position is in profit of 8% increase your stop loss to breakeven price. Let's see how the price reacts to the resistance of the $1.10-$1.15 area.
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Thanks for your time, we hope our work is good for you, and you are satisfied, we wish you a good day and big profits.
THANK YOU.
Decentraland (MANA) formed Gartley for upto 738% big moveHi dear friends, hope you are well and welcome to the new trade setup of Decentraland (MANA).
On a monthly time frame chart, MANA has formed a huge bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
MANA is Going to Be Bullish Soon!MANA is in a Bullish Flag Pattern.The Price is gonna Increase soon But No Break out has Happened yet Be ware of that! The Pattern can also Considered a falling wedge Pattern as well which is also a Bullish Pattern. The Price is gonna Increase as much as the Flag pole or At least to the Top of Falling wedge !The Next Target and Resistance is around 1.65$.
-MANA is in a Bullish Flag
-MANA is also in a falling wedge Pattern
-(AB=CD)
-Price is gonna Reach 1.65$
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Thank you for seeing idea .
Have a nice day and Good luck