DecentraLand MANA ForecastSpotted an Elliot Wave on 2 hour chart. ABC patter is present. MANA seems ready for another go.
From my end this is a blind prediction and it may not reflect what I've draw due to many factors.
However I am hopeful of the outcome. Also provides an opportunity for swing trading. Take into consideration candlestick patterns and support/resistance positions. Furthermore plot trend-lines, include Stochastic Oscillator & RSI and it should be fairly easy from that point.
I combined Elliot waves, fibonnaci and harmonics pattern to arrive to a conclusion. I did not clutter the chart and decided to plot the Elliot Wave only for simplicity.
Like I said this might be a long shot however everything is possible. This EXACT pattern occured between 16th - 14th December 2017. History has a habit of repeating itself!
This is not an investment advice, always do your own research.
Decentraland
MANA wave 5 start for abount 200% profitThe last analysis I was wrong went I view on TF 1hr.
This is TF 4hr, I see MANA in wave 3 and down to major support (the peak of wave 1). So, MANA had been completed correction phase and then MANA being wave 5 with possible target about 2700 (200% profit from wave 2)
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Mana ready to TAKE OFF! Now is the time to buy. Mana has nowhere else to go!
Remember also, that this project - Decentraland MANA Just finished auctioning virtual land for more than $200 000 000 worth of MANA, which they said they will burn.
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Decentraland (MANA) | Hold Your PositionMANA has lost momentum and price is experiencing a substantial correction, however it should return to an up-trend once its 5th Elliott wave begins.
MANA/BTCThis seems to have started a new Elliot Wave sub set.
Looking to buy the retracement - between 0.786 and 0.883 fib levels.
It may also retest the 1h cloud
Also Stoch RSI looks good.
This is a binance signal.
MANABTC Decentraland. Bull RunSo, generally what I see from this chart, is that MANABTC showing accumulation last days and yesterday it closed over 50 MA, which is a good sign for uptrend. We broke triangle and closed candle over it, also RSI is very bullish. Increasing volume and slow rise. My prediction for the price is: 1000, 1200, 1500, 2000. Time: 1-2 weeks or less. Good Luck and put stop-loss at 700 satoshis, because BTC is very volatile last days.
Safe buy zone: 730-750.
Decentraland (MANABTC) Breakout comingDecentraland has been quiet for a while. Support and resistance levels will be meeting soon, expecting the coin to reach it's last high again.
First target: 890
Second target: New all time high
If Mana breaks downwards we make a stoploss to prevent losing a lot of money.
Stop loss: 590
