Hello traders and investors. mana rejected from resistance (20 EMA) and lost the support (200 EMA). 🚨 Disclaimer: this is not a piece of financial advice always do your own research.🚨
$MANA has lost support of 100 EMA on Daily and is now testing 200 EMA. Clear rejection w/ 50 EMA on the 3-day chart. Clear bearish continuation with $1.08 likely landing zone, 90% retracement from ATH to $0.62 is within range. Metaverse projects are unlikely to be exempt from tightening monetary supply as risk-off institutional activity gains momentum.
Just looked the daily chart of MANAUSDT and made up 2 possible paths based of previous price action. This chart should be used more as idea. What do you think?
HELLO,🙌🙌 there are many indicators about MANA/USDT😉: 1) 4EMA is inverted and that means "sell" 2)bear divergence confirmed by MACD and that means "sell"🙌 3)we are under the VWAP and that means "sell"😎 4) we are under resistance and that means "sell" open your wallets and good luck🥺 GOOD WEEKEND.❤️❤️
In an update to yesterday's analysis, MANA chose my first route down. On a good note, it didn't create a rising wedge? I'm just kidding. With all that is going on globally, the economic trends are sentiment-based, day to day. I do think sellers are just as hesitant as buyers are right now. I am sitting tight. I'm lucky I placed my stop loss low enough at...
Let's see how MANA is behaving. This is a 1D chart. (Long Term) Red area: Key resistance, which has been controlling the price since Nov 2021. Blue area: Consolidation channel Price has been moving sideways inside this channel and confirmed it as our safe price range. Green area: Essential support has been confirmed and tested. Be careful because this level is...
Entry Range: $2.45 - 2.75 Price Target 1: $3.10 Price Target 2: $3.50 Price Target 3: $4.15 Stop Loss: $2.17
Hi Traders, here is my view for Mana on a Daily Chart. Weekly Chart is very clean, PA hit Fibo Retracements by the book. I am looking to find a way to post 2 charts in the same idea but for now I post the Daily. Price is at a major S/R, halfway between the Nov 2021 High and 23.6% Fibo Retracement Weekly support. Daily Chart PA ia at 2.70 I am Bearish if price...
MANA is holding support well. Should the blue line break, a drop to $2.57 is imminent. If MANA doesn't break the pink and/or orange resistance, the blue ascending channel turns into a bearish rising wedge with a similar target ($2.60). Don't fret, the pink ascending channel would still be intact. I took my first tour of Decentraland today. It was about time,...
Manausdt A break out and retesting confirmation. An inverted head and shoulder pattern confirmed Buy
Well guys , as you can see , the market is volatile at the moment due to Mr. Powell's testifies , and bitcoin is in the Bearish Order Blocks Zone ! Important price support is also in the range of $ 41,500 to $ 41,000 ! Follow us for more analysis & Feel free to ask any questions you have, we are here to help. ⚠️ This Analysis will be updated ... 👤 Arman Shaban...
Head and shoulders reversal pattern has been formed on the Decentraland chart. Asset broke trough the descending trendline. Bullish movement to resistance level at 3.385 is possible.
...to a break out of descending channel at $3. If TA wasn't tricky enough with the Fed. and Covid... In the grand scheme of things, Ukraine should teach us that none of this matters at the end of the day either. That being said, should technical analysis even work when the world is shittin' its bed, the Inverse H&S has a target of $3.40. I'm less impressed with...
MANAUSDT currently trading at 2.79 In the above chart, you can see MANA formed Inverse head and shoulder in 4h chart and also price breaks its neckline, we can expect up move from the current level. Swing trade setup Long Entry: $2.77 - $2.84 Stop loss : $2.62 Target 1 : $2.94 Target 2 : $3.10 Target 3 : $3.30 Target 4 : $3.45 Always keep stop loss Thanks Hexa
As you can see the price after reaching and returning to The Bullish Order Blocks reacted positively and increase more than 44% . the Next target is $ 91.4 . All the supports and resistances are marked on the chart and everything is clear in this analysis , but , just in case , if you had any questions or doubts Please feel free to ask in the Comment section . ...
🟢Bitcoin unable to give any closing above 39,400$. Moreover, the price was rejected from this and fell below the support. Now, the next support is around $36,650 which needs to be respected otherwise we gonna see an aggressive fall to $34,350 or below. 🤵🏻 Analyzed By: AmirHossein 📅 02.28.2022 ⚠️ (DYOR)
At the end of last November I warned traders of the bearish formation and potential peak on Decentraland, as it was printing the very same top pattern (both pricewise and in terms of RSI on the 1D time-frame) with the previous tops of May 2021, August 2020 and February 2020: The price eventually did make a top on that exact price range and MANA entered a new...
$MANA stepped entries and target. When you know support and resistance levels, your trade entries will be more precise and better R/R outcome. Keep stops close as there are a lot external factors and political uncertainty that can invalidate analysis.