Hi dear friends hope you are well and welcome to the new trade setup of Decentraland (MANA) with US Dollar pair
Prevously I shared a long-term trade setup for MANA, which is still in play as below:
Now on a 4-hr time frame, MANA has formed a bullish BAT pattern for another price reversal move.
Note: Above idea is for educational purpose only. It is advised...
Hi dear friends, hope you are well and welcome to the new trade setup of Decentraland (MANA).
On a monthly time frame chart, MANA has formed a huge bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
In the last 12 months MANA Decentraland had an impressive gain, 84X, but did it just completed a head and shoulders bearish chart pattern with a support price target of $1.5?!?
Looking forwards to read your opinion about it.
With the Houbi and recent ban of crypto in China, MANA price is being affected and might go bearish for quite some time. I suspect it can drop as low as $2.4. Again, it is not the problem of MANA, but I think it is the effect of BTC dropping and potentially dropping further if BTC is going sideway. This is a good opportunity to keep buying as the price goes down...
Hey friends, hope you are well and welcome to the new update on Decentraland token.
In my previous article, we have seen that the MANA was moving in a down channel and I predicted that this time it will break out the channel.
Now if we take a look at the live daily chat, then finally MANA has broken out the channel and also broke out 25, 50, and, 100 simple...
Hey friends, hope you are well, and welcome to the new update on Decentraland (MANA) token.
Down channel and EMAs:
On the daily time period char, the priceline of MANA is moving in a down channel. To break out the resistance we need the EMA 10 to cross up the exponential moving average 21.
Ichimoku cloud:
On the long-term weekly chart, the price action of...
Hi friends hope you are well, and welcome to the new update on Decentraland (MANA) token.
On daily time period chart, the price action of the MANA with Bitcoin pair has completed the final leg of bullish Gartley and entered in the potential reversal zone.
For exact buy and sell targets for this trade, and other harmonic trading signals you can join:
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Nice impulse move on weekly, but needs to be careful here, usually alts can grow fast at first, but then they can experienced a long pullback. So, I'd be careful with longs here. It's better wait for a confirmation and close / open new weekly candle above monthly-long resistance (900 satoshi).
If we hold above this resistance I'm long with the target at 1700...
Bought a little, first target 790 satoshi. Stop is wide but I'm watching the trade closely.
Decentraland, the first ever blockchain-based virtual world, is going live to the public, on 20.02.2020. So, this news can be a catalyst for further growth or protection from falling. 'Buy the rumor'
Information is just for educational purposes, never financial advice....
On two month chart priceline of Decentraland (MANA) / Bitcoin cryptocurrency has formed a bullish shark pattern and entered in potential reversal zone to hit the sell targets soon insha Allah.
Volume profile of complete pattern is showing less interest of traders at this area.
MACD upto two week chart turned weak bearish from strong bearish.
I have used...
Priceline of Decentraland (MANA) / Bitcoin has formed a bullish butterfly pattern.
Even though the price action has already hit the sell zone but all indicators are still bullish therefore I am expecting that the priceline will take a proper bullish divergence and enter the sell zone completely.
RSI is oversold and moving up
MACD is strong bullish
Volume profile...
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
RED ARROW indicates the EXPECTED Time and Targets
Level Stoploss point up to maximize profit and reduce risk
I'm working all the time, even in Bearish Market
RED ARROW indicates the EXPECTED Time and Targets
Level Stoploss point up to maximize profit and reduce risk
I'm working all the time, even in Bearish Market
