Perhaps a Bowl figure will be formed (Saucer, Rounded Bottom). Target of the figure + 110% Price at historical minimum. 4 months in lateral movement. Price begins to rise slowly. It seems that we are at the beginning of the 3rd phase of the formation of the "Bowl" figure.
The first Sales Goals are the “Bowls” resistance level zone. 600-670 satosh.
Further on the...
MANA/ETH (Decentraland/Ethereum) Binanace
Candles : Daily
R : 4.17
Length of Wedge : 129 Days
Watching for true breakout of the wedge for a long.
Note new indicator at bottom : Crypto Performance vs Index (just started checking this out, take a look) -->
Decentraland (MANABTC) is starting to form an uptrend in the chart term. In the chart above you can see the next target (0.00000411).
Above the green line, prices can easily move up/higher.
Below the green line prices can easily move down/lower.
The magenta lines are for resistance/targets.
The blue dashed lines are for support.
The orange triangle is the...
Do I really need a description for this? Self explanatory.
These are a few of the requirements for a rounding bottom:
Prior established downtrend
A clear level of resistance
Rounding price action
High time frame
Equal length between decline and incline
MANA in further view is not good. If you bought MANA as my quick signal, you should sell it at 370sts zone because I don't see any good sign shows it can breakout. It can drop hard to 280sts zone. If MANA passes 375, we will have new analysis
. DECENTRALAND/ETHEREUM is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 52.
. There is a possibility of temporary retracement to suggested support zone (0.000181 to 0.000146). if so, traders can set orders based on Price...
For the first time in quite some time,
Mana puts on some good looking candles, long ones in the form of a pennant, with a premature breakout.
If this upwards price action continues I highlighted above targets, Watch for rejection at the 1.272 fib level.
The chart for Decentraland (MANABTC) is starting to look quite bullish with an attempt yesterday to break above EMA10...
We are starting to see the early signals of a market that wants to move up... We still have some time left to go, within 2 weeks we can start to some really positive growth.
Let's get started with this analysis... Feel free to hit like to...
On week chart the MANAUSD has completed the formation of gartley pattern.
25 MA support is already withing PRZ area.
50SMA and 25SMA are moving towards each other to make a golden cross which will start a massive bull rally insha Allah.
The targets are:
Buy between: 0.05196501 to 0.04290529
Sell between: 0.05920685 to 0.07644723
Atif Akbar (moon333)
I remember Decentraland (MANABTC) in a time when the entire cryptocurrency market was strongly bullish and generating great profits and seeing this altcoin generate over 500%.
From January '17 to July '18, MANABTC reached up to 940% profits.
Here we are looking a the potential of an upcoming bullish wave in the long term that can generate over 865% profits,...