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.
In the past 24 hours, we saw a strong run for MANA with a huge accumulation from big investors/whale/traders. It is fascinating that MANA has been tested several times after it surpass $4.9 from its last time run (Oct 30th, 2021). The invisible hand tried to smash it down as I saw and I did think MANA would lose and bearish short time, however, it did not happen...
As we are watching and seeing MANA merely surpass the recent peak. I do think this weekend, MANA would be able to thrive above $4.5 . The SANDBOX project just got pumped recently and MANA needs to get itself together to compete with other Metaverse outthere. MANA Holders, it is your time to drive this boat forward! This is not financial advice, and please be...
Technical 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.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.000181 to 0.000146). if so, traders can set orders based on...
Technical 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.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.000181 to 0.000146). if so, traders can set orders based on...
Our group bought at previous breakout, considering that, you will need MANA to participate in another LEND auction, this shouldnt be the end of the run, I would wait for small correction or break resistance with volume.
Technical 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 59.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility...
Technical 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 59.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility...
