MANAUSDT_0BF6D9 trade ideas
✴️ Decentraland Hits Bottom, Bullish Cycle To Follow!We have the same situation here as we saw on the MANABTC pair (check 'Related Ideas' below)... The RSI at its lowest level ever, trading volume decreasing to almost zero as new lows continue to be hit...
The bear cycle here produced a 95.19% wave, that is minus/negative (-95.19%).
If this isn't the bottom we can very easily say that we are very close to it...
This is the greatest thing about trading... On the way down you can only lose 100%, maximum.. On the way up you can go to 300, 500, 800% or more.
Look at Dogecoin back in 2021, over 5,000% and the downside is always limited, the upside has no limit... Welcome to my world.
You can clearly define your risk but there is no limit as to how much you wan win.
Ok, this is a long-term chart, we are using the weekly timeframe.
Time to grow! Very simple!
You can pick your target... My job is to alert you when the trend is about to change so that you can buy early... Once things start moving up you are a winner, regardless if you take out 70% (easy), 200%, 370% or 10,000%... Whatever you do and how you do it is completely up to you.
My job is to shake you and tell you... "Wake Up, Things Are About To Get Good!"
A massive bullish wave is upon us... It cannot be stopped, the market wants it, the market supports it... The bullish wave is the market.
Just as we lose money when the bear market is in full swing, regardless of how hard we try we still see loss after loss...
When the cryptocurrency market goes bullish, it will send money to your pockets even against your own will but if you plan now you can maximize your results.
Namaste.
MANA (Decentraland) and Metaverse's rallyHello guys!
MANA has made a 15% pump and passed the key level.
That price range can work as a good support level. After confirming that price range, the price can make another pump and pass the resistance level.
Metaverse news can affect these coins; keep yourself updated.
Let me know what you think. I would love to hear your ideas.
Good luck!
Mana is very technical & BullishHello everyone,
As per the simple technique of smart money concept practices, there is a premium and discount zone on every asset while ranging
right now mana rebound and printed a inverse head and shoulder along with good market structure to upside, my overall target is 0.5 of this Gan box which can hit and reject hard ! so becareful in your positions and take profit dont be greedy
trading is always risky and 90% of the traders lost so only do paper trades and practice makes the men perfect.
regards,
Hedgers.
A reversal pattern is formingDuring the last weeks, MANA stopped its downward trend at the support area of $0.30, and it is forming a reversal pattern. Confirmation of this pattern requires buyers to push the price back above the $0.35 range. In this situation, the RSI indicator has also formed a positive divergence, so if the RSI returns above the number 44 in the daily time frame, we can expect the formed floor to be a significant support for the trend change.
The short-term targets we can consider are $0.35 and $0.42. The second resistance is at the ceiling of the descending channel and can have a strong negative reaction. Therefore, the saving range of profit for buyers will be short-term. For the short term, three bullish candles with larger bodies than shadows can be a sign of buyers gaining strength, which we expect to see a further increase in price this week.
what will happen to MANAUSDT after 100% fallinghello
as you can see MANAUSDT is in the support key level and after nearly 5 months of falling it may be time to increase a little after touching the lowest level of the channel
all you need to know is in the chart
good lock
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#MANAUSDT 4H Chart
Price had previously bounced off the daily breaker zone as predicted and it is currently in a range showing no major movements. MACD is not clear and both RSI and EMAs are neutral. I expect price to move down and tap into the daily demand zone around $0.31 before moving up again aiming to fill the imbalance at $0.37.
MANAUSDT ? Is it time yet ?
Of coz you are going to say nay.
Do I know if it's time. Nay.
Is it time sell. Nay
In basic calculus. hahaha
You'll never know till you got the ticket.
Be small and humble.
If it hurts >> just a pinch, don't cry baby and say you'd lost it all.
Any should be enough not to regret on an opportunity.
Life is full of challenges, and mana is one of it.
Go go Wonderland .
All the best. Weekend trader!
From hot and shiny Malaysia.
Happy Holiday
Possible MANA targets/price action map for months/weeks aheadBased on price levels/support&resistance & fibonacci's that somewhat align. This is obviously just an idea, to scout possible overall movement. Definitely not trading advice. I thought it'd be interesting to post it now well in advance to see how accurate it plays out. I've been sort of "reverse engineering" my trades here as of late, and this tests that theory.
Here are the hypothetical targets:
Up to 5700
Down to 1950
Up to 3800
Down to 1100
Possible pop to 1950
Down to .02
MANA Decentraland Price PredictionIf you haven`t sold the huge Head and Shoulders Bearish chart pattern:
Then you should know that Grayscale expressed concerns over the potential impact on the Ethereum Merge, especially on tokens that run natively on Ethereum:
The Merge may lead to a fork that might have unexpected and unfavorable outcomes and a scenario where stablecoins and tokens locked in smart contracts might not be redeemable.
Token and stablecoin holders might panic and start liquidating their holdings.
In this context, price target for MANA Decentraland is $0.62.
Looking forward to read your opinion about it.