Pair: MANA/BTC Exchange: Binance Trade Duration: Medium Risk: Moderate Introduction Decentraland is a virtual reality platform powered by the Ethereum blockchain. Users can create, experience, and monetize content and applications. Land in Decentraland is permanently owned by the community, giving them full control over their creations. Users...
MANA IS SHOWING A HNS, if position is taken, must set stop loss and target low %
We are now out of triangle and most probaly we are gonna go higher. Taking into consideration volumes, we go through the waves and see the continious grows. This is how I see the price fluctuations
Descending channel in play, for now I don't see signs of a bounce. Moving into 6H chart, EMA50-100 acting as resistance, Price tested upper trendline of the channel but got rejected for now. If nothing changes, ~819sats could be a new floor...
Mana just broke out down trend line. I will wait for a retest/few candles to confirm. Then enter. TP is up to you. However, If you check it's past until 1700sat it has potential. Dont forget to take profit along the way. You can always enter again and there will be pullbacks for sure.
$MANA Potentially the beggining of a trend reversal I waited for an official close on the 12 Hour before publishing this chart. 12Hr MANA has closed convincingly above the Kijin on the 12 Hour. The Tenkan is starting to curl up, if we can get a TK Cross this would help with bullish sentiment. The biggest hurdle will be 1039 which has acted as key...
KISS - KEEP IT SIMPLE, STUPID. I've been looking back over a few coins recently, ones that I've played around with before mainly. MANABTC is looking good to me. It seems to have formed a head and shoulder pattern and has bounced quite nicely off my 0.00000970 support and has successfully broken the 0.236 fib level. I've always found this coin to do quite nicely...
What Is Decentraland (MANA)? Decentraland is an Ethereum-powered virtual reality platform. In this virtual world, you purchase plots of land that you can later traverse, build upon, and monetize. There’s no limit to what you can do. It’s the first digital platform that’s completely owned by its users.
So, there´re a lot of signs that show that MANA could start an upward movement...and it could start tomorrow. As you can see the confirmations are clear...so let´s see how it goes. Remember, this is not a financial adivse, DYOR.
Clear supply and demand zones on the daily chart, possible +50% long trade after the bounce. Some volume is showing on the 1-4h time frame. Profit around1200/1400/1700 sat (details on chart)
WAVES BUY : 1025 -1060 TARGET 1 : 1160 TARGET 2 : 1280 TARGET 3 : 1420
Really liking MANA from these levels. Could see attempted break from down trend/channel MACD showing bull divergence, indicating increasing buy interest Historic bounce level from these support zones Historically these uptrends are 70-100%+
Hello traders, Mana is breaking up from falling wedge, we can see it gain some momentum, rsi is breaking up, we can see a nice run soon on that coin. Stoploss 1140 is 2.5% nic RR ratio with targets 1400 sats and above