The chart for Decentraland (MANABTC) is starting to look quite bullish with an attempt yesterday to break above EMA10...
We are starting to see the early signals of a market that wants to move up... We still have some time left to go, within 2 weeks we can start to some really positive growth.
Let's get started with this analysis... Feel free to hit like to...
Description: If it falls through you can always buy yourself a nice spot in Decentraland's ghetto.
Timeframe: NOW - 48hrs.
Indicators used: ((Average Price weighted by Average plotprice) √ Binance Bot freq) / #N of times Loops sais "BECAUSE I SAID SO."
Shout out to: Donatella Versace
On month chart the price action is moving within a falling channel and hitting the channel's support after Sep 2018, so it can be double bottom formation on channel's support.
MANA has also formed a bullish shark pattern within this falling channel and now the price line is entered in the potential reversal zone and soon from here it will take bullish divergence...
$MANA / $BTC Retested 370 sats level & is trying to bounce back up
If follows the same pattern that showed up some weeks ago,600sats is achievable
MACD is bullcrossing soon, while RSI is starting to rise
Volume looks low for now
A position w/ a tight SL could be a good option
Here is another tricky chart that shows nothing but a continuous channel. All it does is stay within the confines of this channel rarely breaking above the upper channel or below the lower channel. There has been 4 incidences when we saw a spike pass through the upper channel, 3 of which did so in a dramatic fashion and quickly reversed back into...
MANA after the channel was broken, a wedge formed. Potential + 70%
MANA after breaking through the horizontal channel formed a wedge. The first potential is + 70%. The next goal is the previous support of the horizontal channel of accumulation, which has now become resistance. And this is a zone of + 140% from current prices. As we see from the history, such...
For the first time in quite some time,
Mana puts on some good looking candles, long ones in the form of a pennant, with a premature breakout.
If this upwards price action continues I highlighted above targets, Watch for rejection at the 1.272 fib level.
$MANA Pushing up from ATL BTC support...
Volume flowing in in big..
UCTS Buy signal on the 8H chart (not confirmed/closed yet)
1st target we should aim at 600sats and a 2nd target around 800sats
Big room for movements in this asset..
Remember to use SL to minimize risk!
RSI divergence showing a weakening bearish trend , price formed a bullish butterfly pattern , I am expecting it to go up in order to test at least the 0.000006 BTC level after it's breakout . For a buy at actual price and a sell at 0.000006 you get + 50% BTC