Mana is a great real use crypto heavily backed as an actual currency used in decentraland where the prestigious southeby's auction house have been involved as well as big stars like deadmau5. I tipped mana a couple of weeks ago in my btc post and its been accumulating ever since. I think the SEC have this one wrong as its clearly used as a currency to buy virtual...
Hi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the MANA symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
No words...
Please like and share if you appreciate this market update.
We are algorithmic traders and certified Elliotticians. We publish Elliott Wave and algo technical analysis on a daily basis for indices, stocks, cryptos, commodities, VIX, DXY, in weekly, daily and 4-hour timeframes. Our counts are not drawn subjectively but backed by solid algo trading...
Hi, dear traders. how are you ? Today we have a viewpoint to BUY/SELL the MANA symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Decentraland (MANABTC) grew by 100% in 2 weeks.
If you had 1 BTC, you end up with 2 BTC.
Bitcoin grew over 65% in this same period.
Say 1 BTC was worth $10,000 for simplicity.
65% increase would mean $16,500.
Now your MANABTC trade doubles so you get $33,000 total (2 BTC at the new price).
That's why we trade Altcoins vs Bitcoin mainly long-term.
With USDT...
MANA's buying pressure has eased sharply after breaking the corner pattern, and one of MANA's short-term resistances at the $0.75 range has reacted negatively over the past two days.
As long as the marked strong resistance is not broken, its correction potential is higher. Minor support is considered at the $0.69 range, and these ranges are considered minor...
Dear valued ones. A good mana coin to buy. The long-term . How much do you notice in the analysis? The currency managed to make gains. The descending channel was broken. It also broke a strong resistance. At the price of 600 . The currency is now in an accidental state.
MANA has been in a range over the past two weeks, and its bullish move was halted when it reached the $0.80 range resistance. Because a strong retracement of the resistance range has occurred without a pullback, the potential for a price correction to at least the $0.55 support area has been created. Also, we could consider the ascending channel as a corner...
Hi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the MANA symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
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...
The MANA has two resistances at 0.00003309 and 0.00003527 and the Ichimoku cloud, before reaching its target. Highlight the MM200 which is a powerful magnet that is beyond the target, facilitating the ascent. Support has 0.00003019 imposed by Fibonacci. Mataverse tokens were dormant and undervalued, and there is already a positive movement towards them
If more negative reactions to the resistance levels are observed during this week and selling pressure increases, MANA can also decrease to the support range of $0.5317 by breaking the bottom of the short-term ascending channel. Negative divergence has also been observed on the RSI indicator, which could be another warning sign for a price correction. Among the...
MANA has increased in price by more than 16% in the last 24 hours. The buying pressure that has arisen has caused a new ceiling to be registered again in the daily and 4-hour time frames. Given that the price is in a short-term bullish channel, as long as the bottom of the channel holds at the $0.70 support area, there is potential for MANA to grow further and...
