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Mana

MANA: Slow but Steady ConsolidationSame chart as two days ago...still consolidating within range. As much as it is following the parallel channel(s) for a bullish scenario, should supports fail, the bearish M pattern is still on the table. Just below $0.81 and again at $0.91 will bring resistance should MANA break higher. A drop below $0.59 would invalidate the C&H. This is not financial advice. Keep an eye on the price. Apple news is always great, but they will ultimately do their own thing...because that's what Apple does. Do you own VR products or just trade? Adoption is key...consider investing in some hardware.
M
by keykomg
1
MANA: Pullback in UptrendDecentraland (MANA) technical analysis: Trade setup : Price broke back above $0.42 and $0.60 key levels, and above 200-day moving average, with robust volumes, which are indications of bullish trend reversal. Pullback near $0.60 support could be a swing entry in Uptrend. Trend : Uptrend on Short- and Medium-Term basis and Downtrend on Long-Term basis. Momentum is Bullish but inflecting. MACD Line is above MACD Signal Line and RSI is above 55 but momentum may have peaked since MACD Histogram bars are declining, which suggests that momentum is weakening. Support and Resistance : Nearest Support Zone is $0.60 (previous resistance), then $0.42. The nearest Resistance Zone is $0.75, then $1.00.
Long
by altFINS
1
MANA $1.20 boundMANA broke the resistance of the macro descending channel (orange) 4 days ago and is currently still above that zone. Although there is a potential 'M' pattern forming (red), there is tremendous support all the way down to $0.59. I think the latest momentum and industry growth leans toward a more bullish scenario. Although these are simply my views and not financial advice, I believe MANA is going to follow the micro descending channel (aqua) as part of a greater ascending channel (green) as it completes a cup and handle pattern that began November 4, 2022. Should MANA break below these channels, in favor of the M pattern (red), I would expect the price to dip back to the $0.30 area.
MLong
by keykomg
MANA: Approaching ResistanceDecentraland (MANA) technical analysis: Trade setup : Price broke back above $0.42 and $0.60 key levels, and above 200-day moving average, with robust volumes. Trends have reveresed to an Uptrend. Now approaching $0.75 resistance and is overbought (RSI > 75), likely to pull back some, before resuming uptrend. Trend : Uptrend on Short- and Medium-Term basis and Downtrend on Long-Term basis. Momentum is Bullish but extremely overbought. (MACD Line is above MACD Signal Line). RSI is bullish (> 55) but extremely overbought (> 80) which could imply that price could briefly pause or pull back if it reaches Resistance. Support and Resistance : Nearest Support Zone is $0.60 (previous resistance), then $0.42. The nearest Resistance Zone is $0.75, then $1.00.
Long
by altFINS
🔥SOL IS UNSTOPABLE: WHERE TO OPEN A LONG TRADE AND MAKE +40%?🔥Hi, friends! Do you remember how many FUD we hear at $8-9 lows? This is another reason to not listen to the news, trust your trading strategy and me, of course. Now Solana made +200% from its lows and needs time to accumulate power before the growth. Here is my trading plan for Solana. 📊 TRADING PLAN FOR SOL: 🔥 return to imbalance (yellow area) and it's a partial close 🔥 false breakout of the $20 key level (red round) 🔥 volume growth 🔥 bullish BTC 🚩 The squeeze to the trendline could be also a good entry point, but in this case, pay attention to BTC and the false breakout (long traders trap). ✅ THE MAIN TARGETS FOR SOL: 🔥 $24-25 - the order flow 🔥 $28-29 - the order flow 🔥 $39 - the key level Do I have followers who bought Solana at $8-10? Let me know in the comments! Traders, it's important to use sl during a such volatile time. Be careful and stay tuned to get more profitable updates! 💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU. P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.
by Yuriy_Bishko
6
Decentraland MANA showed good growth, but may be a correctionFor more than a year, the value of game tokens has shown perhaps the most painful fall. But with the chiming of the chimes on New Year's Eve, MANA buyers started aggressive purchases, which caused a huge price increase. At the time of writing, the value of MANAUSDT has increased by +166% in 17 days. In parallel, the value of other popular tokens from the gaming industry is also growing aggressively: GALA, SAND, even AXS and SLP (the value of which began to fall even before it became "mainstream" in the crypto market) For most of these coins, we made ideas, if you are interested, then search in our profile. Now the MANAUSD price has entered a strong liquidity zone of $0.70-0.80, which, in our opinion, will not be possible to break up the first time. Therefore, it is worth taking into account the possibility of fixing profits at least on part of long positions, because a rather strong correction to the region of $0.42-0.48 may occur ahead. If the possible price movement is sorted out, then the next question remains a mystery: "What could have revived interest in game tokens so much?" Please write your answers in the comments below the idea _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
35
MANA: CYCLE COIN ON RISE $1.70 TARGET ITS BACKMANA is one of the cycle coins that have a high chance of breakout in the coming time. We have a list of study cycle coins and Mana is one of the coins. We expect that this coin going to break out the coming time, and we expect that this coin is able to target $1.70 " One year ago this coin did $5.90 and depending on our study it's able to do $1.70 The point between $0,74 and $0,80 is a breakout point We have a list of 13 cycle coins from all trending coins, and Mana is one of them that goes into a high breakout coming time.
Long
by Goldenbreakout
9
It can be supported againMANA has registered more than 17% price growth in the last 24 hours. Resistance in the range of $0.56 to $0.65 was considered for MANA, which was broken by strong candles. If the high price of this area stabilizes, it can be supported again. In this case, the next targets of the buyers will be in the range of 1 to 1.10 dollars. Another point is that the break of the ceiling of the main descending channel was without a pullback, which is a sign of the strong strength of the buyers and the reversal of the trend in the daily timeframe. So if we have a correction, the second support is considered in the $0.50 range.
by MonoCoinSignal
6
✳️ Decentraland Hit Bottom vs Bitcoin | Looks Great Long-TermThis chart looks so good that I had to stop to share a trade signal before writing this article... So, what do we have here? Decentraland (MANABTC) has gone through a massive correction/bear cycle. MANABTC dropped by 83% from its All-Time High. Now, altcoins vs tether (ALTSUSDT) pairs tend to correct by 93, 95 and up to 98% from major bullish cycles while the altcoins vs bitcoin (ALTSBTC) pairs are a bit different, they can correct 70, 75, 80 and up to 85%. Some altcoins vs bitcoin pairs won't be go to 50% in its bear market correction while others move inverse to bitcoin and go bullish while the rest of the market drops. Just a small detail to keep in mind. Going back to Decentraland vs bitcoin, the RSI hit its lowest ever and is now starting to reverse. As a bullish pattern we have a perfect falling wedge and a broken downtrend. Early signals of the upcoming bottom came in November 2022 with a high volume week.. Afterward the volume continues to drop as the new low is hit. With sellers exhausted this pair can change trend and start to grow. Easy/first we will see a 75%+ price jump and hit 0.00003700 btc on the way up. This will be followed by 230% at around 6880 satoshis or 0.00006880 btc... We can even try an calculate the next high based on the Fibonacci extension numbers... This is what I see: 534% Possible (chart below) That's it for Decentraland vs bitcoin... Very low risk, high potential rewards. Remember to plan if you decide to buy/trade. What would you do if prices crash? Hold? For how long will you hold? Sell at a loss? When would you sell, at which price? What would you do if things go as planned and MANABTC breaks up? Will you hold, yes? For how long? Will you sell? When and how much? Answering these questions will lead to maximum gains, reduced stress, controlled risk and long-tern success. Quite simple isn't it? Come and play this game. Namaste.
Long
by AlanSantana
6