We have MANA in a support zone showing some life today with an engulfing candle forming. We may need to see how this candle turns out with another four hours to go. RSI and OBV is starting to tick up a bit. This is one to keep an eye on for perhaps some small gains. I would wait to see if todays or tomorrows candle breaks out of the green support zone before...
Hello dear
The chart is in a bullish channel.
Now the price is at the bottom of the channel.
The record shows that when prices hit the bottom of the channel, the price rises.
The Williams Oscillator is building the floor.
The Money Flow Oscillator shows the capital's return.
It is recommended that you make a purchase at the bottom of the shopping channel if there...
MANA broke out the primary trend resistance then make it turn support. Now she is pulling back. See how recent trend's fibanacci retracement work as well.
This trading idea is dedicated to my dear friend J Mana , who shares his surname with this coin!! Funny !!
MANA can boom out if the close is above my trend line .
Any profit in crypto market is good these days !
Decentraland is back on the level that will attract more investors.
A new ATH should come and 3127sat is a very easy target.
Breaking the ascending triangle is very likely that market will pass that target and keep a new level over the next week. But in case of Pump&Dump still remain a good trade opportunity.
Have a nice gain!
Since 11th of July, Decentraland has been moving steadily upwards producing higher highs and higher lows. On the 17th of July price reached the high at $0.135, which has resulted in a 53% growth in less than a week.
Then price corrected won to $0.11, where MANA/USD has rejected cleanly 50% Fibonacci retracement level. Today MANA broke above the ascending channel,...
After Decentraland fond the bottom at 1150 satoshis, back on the 28th of May, price went up and broke above the downtrend trendline as well as the 200 Moving Average. On a correctional move down MANA/BTC rejected the 8/1 Gann Fan trendline for two consecutive times.
At the same time, since 6th of June, MANA has been trading above the Moving Average, and in fact...
MANA was rejected historical resistance level 0.00001758.
Possibility of going back to support at 0.00001389 or even worse the bottom of the channel.
Currently holding no position.
MANA has been on fire lately despite the nightmarish market conditions, but do your own DD before you decide if this one is for you. We should break again and retest 1850 before heading towards a new ATH (perhaps;).
GLTA
Decentraland (MANABTC) Trade Analysis by Alan Masters
TRADE INSTRUCTIONS
Buy-in: Up to 0.000017
Decentraland (MANA) Targets:
(1) 0.0000198
(2) 0.0000248
(3) 0.0000273
(4) 0.0000332
(5) 0.0000399
Stop loss: 0.0000132
YOU DESERVE THE BEST!
Have you ever been in this situation?
When you felt down and you doubt yourself.
Maybe something happened...
MACD and volume are turning up to a good zone, and I noticed these similar fractals. The one previous looks sort of wave 1 and 2 ish from an Elliott Wave perspective. We could see Wave 3 within the next week or two. Target 0.13 cents then -.15 cents short term.
Decentraland (MANA) is a very active cryptocurrency, judging by its charts. It touched bottom at least a week in advance compared to other alts and it also reached its all time high just a few weeks ago on the 22nd April, while most of the altcoins reached and / or challenged their all time high back in December 2017 / January 2018. So this one is definitely...
