Decentraland (MANA) setup for upto 18.50% pumpHi dear friends hope you are well and welcome to the new trade setup of Decentraland (MANA) with US Dollar pair
Previously we caught almost 17% pump of MANA as below:
Now on a 4-hr time frame, MANA has completed a bullish Gartley setup for the next price reversal.
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
MANA LONG SETUPMana is inside a large diametric that is now completing the ascending branch of F. the last falling wave that we expected did not form and was pumped.
We considered the final pattern to be diametric, but this pattern was triangular.
Now the resistance that has been broken is a strong demand. If the price returns to this demand, it is a good position for a buy/long position When the price returns to the green area, you can look for buy/long positions
This is an update of the analysis in the relevant section
Linked
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
MANA finds support!After almost hitting $0.39, MANA found support at $0.355, a trend line that began in August 2022! MANA has since rebounded, pushing $0.42 and may retrace to $0.38 area before heading to $0.52 zone, and then $0.70. These ideas are my own and you should do your own research. MANA is not simply responding to the overall crypto market. They have recently partnered with Mastercard for transactions, and a bridge network with Sandbox.
MANAUSD above the 1D MA200 after 6 months. Bullish confirmed.Decentraland crossed today over the 1D MA200 and if it closes the day there, it will be the first time since April 22nd 2023 to do so. It may remain inside the 10 month Channel Down but crossing over the 1D MA200 where it had the last major rejection (June 5th) is strong enough to cause a breakout. Especially since this rally originated on a 1D RSI Bullish Divergence.
The overbought 1D technical outlook (RSI = 73.919, MACD = 0.023, ADX = 49.040) may cause a minor rejection near the R1 level but we expect to hit R2 (TP = 0.53450) before the end of the year. The only condition is for the 1D MA50 to hold.
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$SAND vs $MANANYSE:SAND vs EURONEXT:MANA
Boy was I wrong on #Sandbox. But that's why you cover trades at support, good move, as it ended up going much lower.
Both have been crushed during the bear market but @decentraland has outperformed @TheSandboxGame.
Compare the highs of NYSE:SAND vs EURONEXT:MANA & they're at a similar in price now!
Diluted mkt cap is better on NYSE:SAND 70% vs what it was before, last unlock was brutal, but not as good as EURONEXT:MANA 82%.
Still like both projects, final comparison:
MANA put in LOWER 2021 LOW
SAND HELD 2021 LOW
#P2E #P2EGame #crypto
MANA/USDT Had a Good Bull Rally | What's the Next Move? 💎Yello, Paradisers zoom in on MANAUSDT! It's currently tracing an ascending channel, suggesting a potential adjustment due to the looming supply zone.
💎Lately, Decentraland has maintained a steady climb within this upward channel. Yet, a shift or correction might be on the horizon. It's essential to highlight that MANA is navigating towards a crucial support mark at 0.3445.
💎Beyond this point, there's a distinct supply zone marked by an untouched OB. If MANA descends past the support, it's poised to gravitate towards the demand zone indicated on our chart.
💎Enhance your trading decisions for Decentraland with ParadiseFamilyVIP. Dive deeper into our expert insights on MANA and other promising coins, refining your crypto approach.
MANA Accumulation phase. BINANCE:MANAUSDT
Last time Mana spent more than 150 days in accumulation zone before uptrend move. Probably if we find out resistance at sellers zone (marked red block) locally, we can drop once again to buyers area (marked green box)
Mana lost 86% since ATH so its good time to accumulate Mana now step by step. If you worry about your investments you can fix 50% of your investments in Mana at sellers zone and leave free coins.
Now we only 80 days in accumulation period, so probably by end of October/November we can formed final bottom and start climbing up.
On chart we can see now so low volume on both sides.
We retested 0.618 Level by FIB on D1 Timeframe and going out of downtrend line, so yes, hypothetically we can trade 80 days more in sideway.
Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch!
✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
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$Mana : Advanced Analysis of Potential Trend Reversal!
"Unlocking Cryptocurrency Insights:"
In the realm of sophisticated technical analysis, Mana, a cryptocurrency of interest, is currently in the throes of a breakout from a meticulously observed weekly triangle pattern. This pattern signifies a pivotal juncture in price dynamics.
Moreover, the formation of an Inverse Head and Shoulders pattern, consisting of left, head, and right shoulders, is now on the radar. This pattern is renowned for its potential as a market reversal indicator. However, the fulcrum of the analysis pivots upon the forthcoming Bitcoin halving event, a seminal occurrence in the cryptocurrency domain that profoundly influences market sentiment and trajectory. s3.tradingview.com s3.tradingview.com BINANCE:MANAUSDT
MANA is about to explodeYou are with MANA review
MANA has been in a price-time correction phase for a very long time. By examining MANA waves, I came to an interesting structure
We have a large diametric, which is now the analysis image for branch E of this diametric. Branch E itself has become a diametric. Looks like we are now in wave g from E. The g wave of E also appears diametric.
If the price reaches the green box, it is a great buy position.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Decentraland dump incomingUnlike what people thinks, Bitcoin is in the supply zone, what means that it still has to go down towards 20-22K before the bullrun starts.
As all coins follow Bitcoin, Decentraland has to dump around 30% despite the upcoming event.
Decentraland is following a parallel channel, so it is at or below 0.19 dollars the perfect zone to buy.
Not financial advice.
MANA/USD (Decentraland) 1w LONG-TERM MANA/USD (Decentraland) 1w LONG-TERM Analysis.
✨We have witnessed 2 different cycles between 2018 and 2023.
✨It is now 700 days since the peak. the parallel channel has worked well so far.
✨We have reached the end of the 700-day downtrend. the weekly rsi value also confirms this. The centre line of the parallel channel has also worked well.
weekly rsi: 34 Now
>>In the rally towards the end of 2024, I think that mana will be strongly accompanied. I think it will exceed the old ath level.
And we also look MANA/BTC
weekly rsi : 26 (OVERSOLD)
Mana Approaching towards Crucial Resistance in downtrend since 2021 now after a long showing bullish signs formed descending channel in 3 days timeframe
now approaching towards multi year trendline in case of breakout expecting 300 to 320% bullish rally in midterm before taking any entry make sure candle closed upside of descending channel do not enter without breakout
Start of uptrend: 0.3439Hello?
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(MANAUSDT chart)
(1W chart)
The key is whether the price can be maintained above 0.3136 and rise above the MS-Signal indicator.
Accordingly,
1st: 0.3865-0.4490
2nd: 0.6983-0.8387
It is necessary to check whether it can lead to an increase beyond the first and second sections above.
(1D chart)
It is expected that a full-fledged upward trend will begin only when it rises above 0.5914-0.7159.
If the price stays above 0.3061, it is expected to turn into a short-term uptrend.
If it rises above 0.3439, an upward trend is expected to begin.
If it falls below 0.2827, it is highly likely that it will lead to a further decline, so you need to think about a response plan.
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** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
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DECENTRALAND - Impulse, Correction... 200% To Be Made!MANA is showing us a perfect example of an Elliott Wave Impulse, correction, impulse.
We are currently within the correction and looking for Wave B completion.
Will be looking for lower timeframe price action to tell us when to enter with a small stop loss!
Goodluck and as always, trade safe!
MANA/USDT bullish momentum? 👀 🚀 MANA Today Analysis💎 Paradisers, gear up for a fantastic opportunity with MANAUSDT! Currently, it's situated in a demand zone and is setting the stage for a bullish rally👀
💎 MANA is closely following a falling wedge pattern and is on the brink of a breakout. When viewed on a higher time frame, the asset shows significant buying pressure, indicating that short-term bullish moves are likely.
💎 Keep an eye on the pronounced supply zone above; the price is expected to approach this level soon. If you're considering trading Decentraland exercise caution and set a stop-loss at approximately 1.75% of your margin.
Keep your charts updated and Stay one step ahead of the market 🌴
🔥 The Best MANA Trade You Can Make Over a month ago I made an analysis on MANA where I went in detail on this trade. Basically, this falling wedge trade has the potential to be a portfolio defining trade with a risk-reward almost 100.
As of this week, the trade has been entered. This is a long-term trade with a run-time of likely over 1 year. Patience is key with this trade.
My overall view of the market has been quite bearish recently, but that doesn't mean that we can't look for good entries like this one. Always keep your eyes open for opportunities in the market.
MANAUSD - Slanted StructureI would call this a head and shoulders but it technically it isn't as the head is higher than the right shoulder.
But if you consider the structure to be on an angle you can assume the structure.
With this assumption we can plot a price rise with the right arm of the shoulder.
Important downtrend lines in green.
Decline, Ranges, and Trend AwaitedDue to low demand, the cryptocurrency MANA has been consistently dropping in value over the past month. This decline has been exacerbated by widespread selling across the market, leading to the currency's lowest price in 2023. The previous strong upward trend has been broken due to this selling pressure. Looking at the price patterns on a 4-hour and short-term basis, we can observe a range between $0.33 as the upper limit and $0.27 as the lower limit. Additionally, there's a smaller range within $0.295 to $0.289, which could be useful for short-term trading. However, given the potential for significant and unpredictable price movements in MANA, it's not advisable to trade within this narrow range. To anticipate price growth, it's necessary to wait for changes in the trend pattern on the 4-hour timeframe.
MANA exodus is near!!!Technically we are at the bottom!
I buy at this level 0.29!
Volume price 0.298
It is very unlikely that we will go lower, but even so it is! It will depend on the project or the market as a whole.
In the future, according to the previous impulse, we can reach $11
More precisely, I can say when there will be an exit from the accumulation.