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Decentraland (MANA) - Tokens related to major NFT themes

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BINANCE:MANAUSD   Decentraland
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With the rise of the MANA coin, NFT-related tokens are showing a high rise.

(MANAUSD 1W Chart)
Nothing is known at this point.

However, if you calculate the rise, the section 3.36504100-3.45086227 is expected to peak.


If the price holds above the 2.07772177 point, it is expected to create a new wave.

So, if you fall from the 2.07772177 point, you need a short-term Stop Loss.

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(AXSUSD 1W Chart)
If the price holds above the 137.608121 point, it is expected to peak at the 171.172107-182.360102 zone.

If it falls from the 116.340370 point, a short-term Stop Loss is required.

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(THETAUSD 1W Chart)
If it rises above the 8.6007292-9.6692416 section, the uptrend is expected to accelerate.

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(ENJUSD 1W Chart)
If the price is maintained above the 2.67570597 point, it is expected to rise to the 4.43081499-4.65020361 section.

If you fall from the 1.79815147-2.01754009 section, you need a short stop loss.

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(CHZUSD 1W Chart)
If it rises above the 0.48762724-0.54792702 section, it is expected to rise to the point of 1.09062504.

If it falls from the 0.28242521 point, a short-term Stop Loss is required.

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(SANDUSD 1W Chart)
I think it's already near the peak with a lot of ascent.

If there is an extreme uptrend, it is expected to rise to the 2.3-2.4 section.

We need to see if the price can be maintained above the 1.65912239-1.74052692 segment.

If it falls from the 1.49631334 point, a short-term Stop Loss is required.

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(IOSTUSD 1W Chart)
IOST is a coin that has newly joined the NFT market.
IOST is showing a different flow from major NFT-related coins.
Therefore, an uptrend is expected as a latecomer to circular pumping.

If the price is maintained above the 0.04086316-0.04568056 range, it is expected to rise to the 0.09867190-0.10348930 range.

In the event of an extreme uptrend, I would expect it to rise to around 1.7.

If it falls in the 0.04086316-0.04568056 section, a short-term Stop Loss is required.

However, caution is advised as it may touch near the 0.03461413 point and rise.

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(NFTUSDT 1W Chart)
As an NFT token operated by Tron, it seems that the full-fledged business is not in progress yet.

Currently, NFT is a token that is airdropped if you have TRX, BTT, JST, or WIN coins.

So, if you want to invest, you need to invest in the long term.

If the price is maintained above the volume profile section being formed at the point of 0.0000038993, it is expected to continue the upward trend.

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(Market Cap Chart)
You should see how the flow of money changes rather than changes in the price chart.
So, you should check the trend of USDT chart and USDC chart.


BTC.D Chart: It is important to find resistance in the range of 47.64-48.81.
USDT.D Chart: A decline below the 2.670 point is critical.

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(XBTUSD 1M Chart) - Big Trend
All patterns and waves can be known when they are completed, so it is best to conduct a trade that matches your average unit price rather than a trade based on prediction.

Looking at the big picture, I think 4-5 waves are going on.


Depending on how you interpret section A, the wave may be different.
Likewise, you need to be more careful in your trading, as the parts that have not yet been created may have the same flow as section A.

The expected ascent section is near the 80574.0-83397.0 section.
This is an expected value considering the fluctuation range that has risen from the 1st section to the 2nd section.

There are two large resistance zones to move up to the expected zone.
The two large resistance sections are section a and section b.

If it fails to break through section a upward, I think it can represent the same flow as section A.


If it rises above the 72104.0 point with this rise, it is expected that it will not fall below the 26K-29K section (maximum 21K section) even if a bear market continues.

If the 38K section is touched, it is expected to lead to a sharp rise.

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We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.

The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.

Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves.

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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not yet been released.
(Because it is not public, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.

(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
Comment:
(1D chart)
Changed the Fibonacci Retracement Ratio selection point due to the extreme uptrend.
Check the support and resistance points.
Comment:
(XBTUSD 1D Chart)
BTC price movement is important in the coin market.
However, at this point, I think we should look at the price movement of altcoins rather than the movement of BTC price.

This is because the trend is expected to form when the BTC price moves out of the range of 60811.0-63634.5 (up to 58464.0-66059.5).


If the BTC price breaks out of the range mentioned above, altcoins are expected to stumble once more.

If the BTC price rises above the 66059.5 point, most altcoins are expected to complete a pull back pattern and continue the upward trend.

If the BTC price falls below the 58464.0 point, the price of altcoins will decline even more, so careful trading is required.

Based on the current situation, BTC price is expected to rise after consolidating in the current section.

This is because the funds that have entered the coin market are maintained.
(www.tradingview.com/x/NmsEAu50/)
We expect the coin market to maintain an uptrend unless it turns into a downtrend on the USDT and USDC charts.
Comment:
(ETHUSDT 1D Chart)
A touch near the 4220.37 point and moving higher raise expectations that the uptrend could accelerate.

It remains to be seen if the volatility around November 7 (November 6-8) can lead to a move towards the 4688.21 point.

If you fall from 3924.79-4115.64, you need a short stop loss.
Comment:
(XRPUSD 1W Chart)

(XRPUSDT 1W Chart)

The common important interval for both charts is the interval near 1.0.

Therefore, it is expected that the trend will be determined by the movement out of the 0.88410-1.16 interval.

To accelerate the uptrend, it needs to rise above 1.5 points.
Comment:
(ETHUSDT 1D Chart)
A significant point is the fall below the 4220.37 point.
We need to see if the candle closes above the 4220.37 point today.

Also, if you touch the 3924.79-4115.64 section, you need to check whether it rises above the 4220.37 point due to a sharp rise.

This sharp rise will tell you that support is there.
Comment:
(BTTUSDT 1D Chart)
If the price is maintained above the 0.004235 point, it is expected that the uptrend will continue.

Resistance range: 0.006901-0.007741
Comment:
(MANAUSD 1D Chart)
We need to see if we can sustain above the 2.27437883 point with volatility around November 8 (November 7-9).

In addition, it is also necessary to check whether it can climb more than the 3.40256273-3.52791649 section.


The green width of OBV, which is included in the trading volume indicator, started to decline sharply from April 9th.

In this move, I think this upside may be the start to accelerating the uptrend.

Therefore, I think it is important to keep the price above the 2.27437883 point.
Comment:
(MANAUSD 1D Chart)
A new support and resistance point is forming at the 2.88751936 point.

So, if the price holds above the 2.88751936 point, I would expect the uptrend to continue.
Comment:
(MANAUSD 1D Chart)
Near point 2.27437883 (20.2367128-2.52508637): support section

Above the 2.88751936-3.04650143 section: An upward trend reversal is expected.

Above the 3.40256273-3.52791649 section: The uptrend is expected to accelerate

Below 1.89831752-2.02367128 section: Stop Loss required to preserve profit and loss (short-term perspective)

Above 0.98354636 point: expected to continue uptrend (medium to long-term perspective)
Comment:
(CHZUSDT 1W Chart)
0.2436-0.2816 or more: Expected to create a new wave.


(1D chart)
Resistance range: 0.4869-0.5471

Support section: near point 0.3664 (0.3353-0.3664)

[Example of exchange chart setup]

(Binance)
www.tradingview.com/x/S94aDxa8

(Upbit)
www.tradingview.com/x/DF6cGh3G/
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