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
MANAUSDT
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
Risk Warning
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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/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/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.
Alikze → MANA | Ready to break the triangle densityIn time W1, after exiting the density, it is currently in the specified area of the trading range and at the corner of a density in time D1, if it is supported in the green box area and exits the density, it will have the ability to grow to the specified supply area. Otherwise, the breakout will continue to correct from the bottom to the liquidity zone.
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🚧MANAUSDT is Bullish now🚧 & many Traders don't see it 👀!!!Hi.
COINEX:MANAUSDT
✅Today, I want to analyze MANA for you in a WEEKLY time frame so that we can have a Short-term view of MANA regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts).
We have a Bullish Structure here
Cup & Handle pattern is completed and now we testing the resistance cluster of Descending Resistance + C&H neckline + 0.53$ Key Zone☝️
Looking for a breakout and rally📈
✅ Due to the Ascending structure of the chart...
- High potential areas are clear in the chart.
- cup&handle
- AB=CD
Stay awesome my friends.
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
MANA has formed a double bottom, after the pullback will go upMANA has formed a double bottom, after the pullback will go up, It has been making HH and HL
Entry Zone 0.4687 - 0.4740
SL 0.4643
TP1 0.5017
TP2 0.5485
Risk Warning
Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results.
If you liked our ideas, please support us with your likes 👍 and comments.
MANA/USDT Poised for a Possible Bullish Rebound👀🚀MANA Analysi💎 Paradisers, let's zoom in on #MANAUSDT, where the current pattern is signaling the potential for an impressive bullish rebound from its key support zone.
💎 A look at #MANA recent market activity reveals a steep 34% fall after hitting a wall at a significant supply level. However, it has shown some tenacity around the support level of $0.4104, suggesting a possible upward move.
💎 Despite the current challenge in achieving new highs or surpassing previous peaks, leading to a short-term bearish sentiment, the $0.4104 level is crucial. It's poised to possibly catalyze a robust bullish wave if retested.
💎 As forward-thinking traders, we're always equipped with a plan B. Should #MANA falter at the $0.4104 support and go lower, our sights are set on a bullish recovery starting from the lower support at $0.3747. Keep in mind, though, that a drop below this secondary support could signal further downtrends.
MANA ANALYSIS🔮 #MANA Analysis 💰💰
🌟🚀 #MANA is trading in a Symmetrical Triangle Pattern and gave a breakout. The price is currently going and showing a good bullish moment. 🚀🚀
🔖 Current Price: $0.4850
⏳️ Target Price: $0.5811
⁉️ What to do?
- We have marked some crucial levels in the chart. We can trade according to the chart and make some profits in #MANA. 🚀💸
🏷Remember, the crypto market is dynamic in nature and changes rapidly, so always use stop loss and take proper knowledge before investments.
#MANA #Cryptocurrency #DYOR
MANA/USDT bullish continuation from demand? 👀🚀MANA Analysis💎 Paradisers, focus your attention on #MANAUSDT, as it's currently showing promising signs. The asset is in a position that strongly suggests a bullish continuation from its current demand zone.
💎 Observing #MANA recent behavior, we noted a rejection at the resistance level of $0.5779. Presently, there are substantial chances for a bullish move from the demand zone at $0.4726. Should the price manage to sustain its momentum above this zone, we anticipate a bullish thrust towards the significant resistance level at $0.7022.
💎 However, in the unpredictable realm of cryptocurrency trading, #MANA traders should be prepared for a variety of market shifts. If the price struggles to maintain its strength at the demand level, a strategic approach might involve gearing up for a bullish rebound from a lower support level, particularly around $0.4277.
💎 Significantly, a drop below this support level would require a thorough reevaluation of strategy, as it may indicate a potential difficulty in upholding a bullish market direction.
MANA/USDT upward momentum?👀🚀MANA Today Analysis💎 Paradisers, it’s time to spotlight #MANAUSDT as it’s showing promising signs of a bullish move. This comes after a key resistance level has transformed into a potential springboard for growth.
💎 Diving into #Decentraland recent market path, it has successfully navigated a descending trendline, breaking upwards. After a rejection at the resistance of $0.5117 and a retest of the trendline, it made a strong move upwards, turning the previous resistance into a support zone.
💎 Currently stationed at this new support level of $0.5117, if #MANA maintains its momentum, we might see a significant bullish movement.
💎 However, for the astute traders among us, it’s crucial to have a Plan B. If #MANA slips below this support level of $0.5117, we should be prepared for a bullish recovery from a slightly lower support at $0.4940. Notably, a breach below this secondary support could lead to a more pronounced downward trend. 🌴💰
MANA/USDT Could MANA Breakout the crucial area ?? Or rejected💎 MANA has been a prominent player in the market, facing challenges in overcoming the supply area. Recently, MANA experienced a false breakout and is currently striving to regain its position above the supply level. A successful breach of this resistance could probability lead to a significant upward trend, with the bearish OB area being the next anticipated target.
💎 However, if MANA fails to achieve a breakout and remains in consolidation at this resistance level over the next few days, there's a likelihood of facing another rejection. This could result in MANA reversing its course back towards the demand area.
💎 In the demand zone, a strong response is essential for MANA. If it fails to demonstrate a significant rebound from this zone, there's a risk of breaking down further. Such a scenario could signal a shift back to a bearish trend for MANA, potentially leading to a descent towards a stronger support area.