Decentraland (MANAUSD) has been unable to break above the 1W MA50 (blue trend-line) despite January's rise (led at large by Bitcoin). This draws heavy comparisons with the previous Cycle, which on March and June 2019 failed also to break above the 1W MA50 despite a March rally and instead dropped to the 1.236 Fibonacci extension, which was a Lower Low for the Bear...
Looks Like Mana Is ready For recovery in coming weeks Formed Descending Channel in 3days Tf Expecting Massive Breakout Soon Incase Of Successful Breakout Expecting 280 to 300% Bullish wave
I just opened a short on Mana, expect a retrace back to 0.4931.....stay tuned
🔥Hi, friends! Matic is going to test the $0.77-0.84 value area. It's a huge value area that possibly can be a great support for the price. 📊 TRADING PLAN FOR MATIC: 1. false breakout of the previous low 2. volume growth 3. squeeze to the trendline 4. bullish BTC is a must-have for altcoins to grow ✅ THE MAIN TARGETS FOR MATIC: 🔥 $1.04 - the local high and...
🔥Hi, friends! Cardano falls to the $0.38-0.39 value area and the price still holds inside it. If the price fall below this value area and returns inside, it will be a strong bullish signal. 📊 TRADING PLAN FOR ADA: 🔥 liquidity collection below the $0.38-0.39 value area 🔥 false breakout 🔥 volume growth 🔥 bullish BTC is a must-have for altcoin's growth ✅ MY...
🔥Hi, friends! Mana is consolidating inside a huge triangle since mid-January. I think it's time for this altcoin to show all its strength. The most important key level is at $0.48. The false breakout of it will be a huge trigger for MANA growth. 📊 TRADING PLAN FOR MANA: 1. false breakout of the key level $0.48 2. volume growth 3. bullish BTC is a must-have...
Like a crab, Decentraland is predominantly moving sidewards just above the support at $0.48. Nevertheless, we expect our crypto friend to develop more upwards momentum soon so that it will be able to expand wave iii in magenta above the resistance at $0.84. However, there is a 35% chance that Decentraland could slip below the support at $0.48, thus digging itself...
🔥Hi, friends! DOGE is already not moving even when Elon writes about it. It seems like the whales are already sold it and wait until the price will fall lower to buy the coins from retail much cheaper. 📊 Now the price is squeezing to the trendline, so I expect 2 scenarios: 1. DOGE continues the growth 2. DOGE breaks down the trendline and falls to $0.072-0.078...
MANA is looking like its almost ready for a MASSIVE move.. At least 1000%. We can see that we are currently in a 5 wave move higher. Wave 3 had a nice 5 subwave breakdown. We can use that framework to figure out what's next for wave 5. Subwave 2 of wave 3 was a tight correction and we are seeing almost an identical tight correction for subwave 2 of wave 5....
It is possible that MANAUSDT (Decentraland) hit bottom after dropping 95% in value from its All-Time High. The weekly RSI is at its lowest level ever and continues moving lower. The current price hit its lowest level since February 2021. Altcoins tend to correct between and 90-98% in bear markets so this one is very likely done. We are seeing altcoin after...
The mana rally could start again, we saw a price going from 0.30 cents to 0.84 cents at the beginning of January. After the process, with the BTC.dom increase, the price retreated and made its correction. From my observations, MANA whales seem to be insatiable and demanding lately. There may be a 75 percent price increase in the coming days, and it may go up to...
A comparison post showing two double tops The second just recently emerging with this down move Lets see if it continues
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A down channel can be drawn on MANA like this The Middle line shows a nice bullish touch however on this middle line which is a sign for bulls, I expect alts to be very volatile hence the price action plotted in green. Its kind of a head and shoulders pattern on the side if you look at it closer, linking a comparison to the H&S below
Decentraland (MANA) technical analysis: Trade setup : Price broke out of trading in a Channel Down pattern, which it was consolidating in after substantial gains earlier this year. This bullish breakout from Channel Down and above $0.60 key level and 200-day moving average, could indicate Uptrend resumption with near term potential upside to $0.75. Pattern :...
Price looks like it is going to breakout off the 100ma on this daily timeframe Structure makes price breakout look really strong
An addition to my last post supporting the bullish move I posed. This idea shows an inverted H&S pattern that is slightly tilted. Right shoulder arm yet to form.
Price seemingly is stuck to the 100MA This was previously seen in another example earlier Following this a large breakout ensued Will we see another breakout above the 100MA ?