Mana
Bitcoin Corrects Lower, Will 37,000 Be Tested?Weekly Time-frame
About to close now the weekly candle. We can expect a beginning of the dump. Strong resistance in $41,934.Awesome Oscillator (AO) might continue the trend to the downside.
1D Time-frame
1D TF is now correcting next support waiting $40,856, $40,019, $38,001. We are still bullish if the support holds. Will see what the market will do today.
4H Time-frame
We are still in correction area, we will see if the AO prints a Green Volume or print a drop volume of red. Then we can know where it is going. We have been expecting a drop and it seems its gonna happen today.
1H Time-frame
We are in the last support of Ichimoku Cloud we drop already but we are able to enter the cloud again. We will see if we can bounce or dropping soon.
We will discuss more on the possibility on our Live. Stay tune and check with us!
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MANA/USDT Technical Analysis Chart#MANA/USDT TA Update:-
$MANA currently trading at $2.45
As per chart also same fractals like previous breakout.
Bullish Flag also forming.
Breakout Point = $3
If Breakout then Targets = $5/$10/$12
Support:- $2
If break down $2 then $1.70 could be best entry.
Always wait for confirmations.
MANA surge around the corner?Some would disagree, but to me it seems if the market goes bullish again MANA is prime for huge pump.
Some bullish factors for crypto:
1) Biden signs EO embracing crypto
2) UAE embraces crypto
3) Ukraine legalizes crypto
4) Geo-political uncertainty, crypto alternative currency
5) Whales pulling BTC off exchanges by the billions
6) Ukraine/Russia conflict likely almost over (markets calm)
For MANA, it's still a hype meta token where companies like Victoria's Secret and others are still, as of this past week, jumping on the decentraland bandwagon.
For all the reasons I've listed on my chart, I'm leaning bullish MANA. Of course, it will move with the market at-large, so wide-spread sell-off destroys all bullish sentiment.
MANA - Potential Bullish Reversal!Hello everyone, if you like the idea, do not forget to support with a like and follow.
MANA is approaching a strong support in green so we will be looking for buy setups.
on DAILY: MANA is forming a channel in red but the upper trendline is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple)
Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone)
Meanwhile, until the buy is activated , MANA would be overall bearish can still trade lower inside the green support zone.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
MANA READY TO PUMP MORE THAN 40%!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this MANA/USDT TRADE setup. MANA looks promising here.
MANA is breaking out from a descending triangle in an 8hr time frame. A retest is also done.
Also, it breaks above 21ma. Buy some now and add more in dips.
Entry range:- $2.34-$2.44
Target1:- $2.58
Target2:- $2.72
Target3:- $2.94
Target4:- $3.12
Target5:- $3.28
Target6:- $3.50
SL:- $2.16
Buy on spot or you can also use low leverage (2x-4x)
If you like this idea then do support it with like and follow.
Also, share your views in the comment section.
Thank You!
Numbers adding up......means something, but no guarantees in today's market. So, we keep an eye out. MANA followed yesterday's analysis perfectly, well behaved. Should this C&H pattern play out, the target gives MANA another opportunity to break the long-standing resistance of the descending channel (orange) around $2.64...which would be great. Good luck and know this is not financial advice.
MANA 1w bullish ?Best case scenario would be for MANA to see some kind of huge inflow of buyers, creating a big green daily/weekly candle to confirm the change in trend. Especially in this market I'd advise to wait for bullish confirmation, since there's a decent probability for the price to fall through the support area .
Quick jump to $2.41?Should MANA break resistance at $2.32, a quick jump to $2.41 can be expected. The market has been a drag across the board. On a good note, MANA has been able to stave off falling below a very critical $2.1950 in recent days, finding strong support at $2.21 area. It is currently on it's way up (again) from $2.21 with hopefully enough conviction to break $2.32. It is important to have this happen soon so that MANA can potentially capitalize further from the attention that "Fashion Week" in Decentraland brings to the metaverse.
Descentraland MANA starting wave 5 of 5 of 3MANA structure is really nice. To end all of wave 3 (green) MANA needs one more high towards 15 - 20, the region of confluence defined by ext 2,382 green, ext 3,00 blue and ext 2,618 white. Wave 5 of 5 of 3 has itself five waves, of which wave 1 and 2 (white) are done. We shall see very soon a nice upside move in MANA. Once this wave 3 green is complete, a wave 4 will send price back to the same level where it is now. i.e. 2.20
Decentraland $MANA Culmination Point$MANA has lost support of 100 EMA on Daily and is now testing 200 EMA. Clear rejection w/ 50 EMA on the 3-day chart.
Clear bearish continuation with $1.08 likely landing zone, 90% retracement from ATH to $0.62 is within range.
Metaverse projects are unlikely to be exempt from tightening monetary supply as risk-off institutional activity gains momentum.
MANAUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the daily time frame. The price is fluctuating close to the support line. We expect the price to move up to the resistance line right from here or after reaching the support line.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck