MANAUSD trade ideas
MANA BULLISH BAT w/ HIGHER LOWS CHRISTMAS COMING TWICE 4 BULLSBullish Bat with multiple higher confirmation lows , a textbook jesse livermore accumulation cylinder, holding critical inflection points and creeping higher each time, bullish pin bars, bullish signals on oscillators, Mana has been showing classic accumulation and its been pretty quiet, the market has been trash but theres some interesting set ups brewing, im expecting powerful reversal into the new year. Cheers
MANAUSDIt is possible to climb above $ 10 in the short term
Disclaimer:
It is not a personal opinion and as a signal to buy or sell.
MANA effective defense and attempt to maintain levelMANA is plummeting in value, the situation looks like someone is preparing for a big purchase, which is pure manipulation, this will happen more and more often as we are in the process of building multiple metaverse worlds
Mana | Decentraland Red = Daily
Orange = 4hr
Yellow = 1hr
Light blue = 15min
Blue = 5min
Purple = 1min
Untested levels are marked with horizontal ray. Lower rays indicate area's of support and idea's to DCA into a position. Upper levels indicate area's of resistance and idea's to exit positions.
MANA change of trend and testing of support lineMANA is falling in price and testing the support line, the influence of BTC is strong and unfortunately as long as BTC is not going to grow, this situation may develop, but just a reversal of the trend on BTC and MANA will return to its price level
Mana seems to be in a bullish runIt mana completes Wave (V) more and less 4.2 level we will have a EW bullish case confirmed. It will correct to 3.40 or even lower but we might have good possibilities to rebound and go for the next leg.
However if mana breakdown in wave (iv) and do not sustain over 3.4 (SMA 50 in 4 hours time frame) we might enter the bearish case that will take us at least to the previous low at 2.69.
This is only EW analysis. It's not financial advice.
Long MANAUSD - Elliott impulsive waves phase 3 BULL-RUNWe are finally in the third impulsive Elliott wave, we had our bottom during the phase 2 correction towards $2.9. There is still time to get in on the MANA !
Entry Price: 3.81
Target Profit: 7.19 (+89.3%)
Stop Loss: 3 (-20.6%)
Risk / Ratio: 4.32
Personal Entry : 3
A Few Macro-Level Crypto Predictions For 2022At the end of every year, I usually write a predictions article for macro-level trends I expect to happen over the next year. 22' is the wildest one so far, even for me.
Full article here: mirror.xyz
The three pillars: economics (#crypto) - politics (#inflation) - culture (#NFTs)
Here’s a few things I’m expecting to happen in 2022 (this is focused on the US markets, as a disclaimer):
Inflation continues well into 22’ - a combination of supply chain issues, automation (those jobs aren’t coming back, folks), runaway government spending/printing, and the lack of significant response by the Feds (target interest rate 0.75% by the end of 22’ -- really?) will likely to cause inflation to spiral out of control, possibly to hyperinflation levels.
The spikes in inflation, low interest rates, and the lack of response from the government is likely to push more people into crypto -- Bitcoin first, then into Ethereum and other altcoins as people start to get more familiar with the ecosystem and industry.
“Urban flight” has been a concern for the big cities for years (even before the pandemic) as the gap between listed and “real” values of real-estate have been gradually widening over time. Inflation will make this gap much more apparent, leading to a big market correction in the US real-estate market. (Probably in San Francisco first, where the values are the most inflated -- the question is how much spillover there will be when the tide pulls out.) The Evergrande controversy seemed to have had no effect on crypto markets, in fact, real-estate and virtual-estate may be inversely correlated.
With Democrats in control of Congress and the presidency, these trends are not likely to ease -- much less stop -- until November of 2022, where they’re projected to cede their majority control in many swing and upset races. After Nov, concerns about COVID are likely to “disappear”, and the Feds may start to take more aggressive stands against inflation but by then the damage would have already been done. The government has been complicit in “cooking the books” when it comes to data points about inflation, home values, job numbers, etc. but the mask is likely to come off shortly where many incumbents are projected to lose their seats and have their initiatives exposed for what it really was.
Ethereum finally flips Bitcoin in terms of its market cap after the much anticipated ETH2 upgrade arrives. (Currently planned for June of ‘22.) Bitcoin isn’t going anywhere any time soon, but the combination of altcoin projects consolidating into ETH2 (largely due to high gas fees) and the slow-but-steady decline in market/production performance by the BTC community is likely to take its toll.
The NFT and metaverse ecosystems are rapidly evolving and are likely to reach some kind of maturation by 2022. What that looks like is unclear right now, but it is likely to have cultural implication/impacts as well. (Or to put it more bluntly, better pro-crypto propaganda.)
MANA Squeezing up for an impulseMANA is building strength to break the resistance YELLOW.
Once broken, PT is $4.22 - $4.30
Good Luck
MANA new price level and preparing for defenseMANA on the chart looks good, we see gradual growth and slight fluctuations, the main trend is clearly upward. The metaverse is the future and it is worth being patient
mana@miladekramii
By forming a market pattern, it determines which direction it will go. If Bitcoin is falling, the descending target will be touched, and this means
ZRX VS MANAZRX vs Mana.. The trend may be expected after a break of 1.5$. All the best.
T1: 1.9$
T2: 3.6 $
T3: 5.3$
STOP LOSS: Weekly close below with 0.78$
It's Not financial advice, just an idea.
MANA: Descending Channel & Accumulation ZonesSupport Zone #1 has been tapped multiple times, with wicks between $2.82 - $3.06. This is a strong accumulation area.
The only way Support Zone #2 gets hit, in my opinion, is if BTC dumps hard.
Once MANA breaks bullish above this descending channel, then we can expect resistance in the low $4 region. In the coming months, I expect MANA to revisit the previous ATH and pass $6.
This is not financial advice. These are just my ideas and opinions.
BIG MOVE coming soon for MANAMy Reasons are:
Prices testing the lower channel for several days making higher highs & higher lows as if trying to get back inside the uptrending channel.
The yellow box zone of 3.07 to 3.17 so far has been the classical resistance turned support.
The ma ribbons are very compress already in the 4H chart signaling a BIG MOVE soon.
My bias is sideways to up with a small chance to make a lower C wave down to complete wave 4
Guys pls also share me your ideas..
Pls like & follow.
MANA (4H) Bullish reversalHi Traders
MANA (4H Timeframe)
Waiting for the upward break of 3.63 resistance level, which will complete a bullish trend reversal pattern to go LONG. Only the downward break of 3.00 would cancel the bullish scenario.
Trade details
Entry: 3.63
Stop loss: 3.00
Take profit 1: 4.00
Take profit 2: 4.61
Score: 7
Strategy: Bullish reversal
mana coin huge upside potentialdon't miss out on this buy opportunity.
Bulls going to dominate this coin soon
MANA 15mn Reviewif its break the box as a support and resistance and conform a second candle above it or below it then Enter LONG/Short... Happy Trading Guys...
