◳◱ On the $MANA/ CRYPTOCAP:BTC chart, the Bband Breakout pattern suggests an upcoming trend shift. Traders might observe resistance around 0.00001319 | 0.0000138 | 0.00001554 and support near 0.00001145 | 0.00001032 | 0.00000858. Entering trades at 0.00001287 could be strategic, aiming for the next resistance level.
◰◲ General info :
▣ Name: Decentraland
▣...
Here you can find my trade signal for Decentraland vs Bitcoin, MANABTC.
These numbers are for reference only, can be used as a guide.
This is not financial advice.
Remember you trade at your own risk and the markets are unpredictable, anything can happen at anytime. Things can always change.
This setup has great risk reward ratio.
✔️ The risk is less than...
Looking just at late 2021 can be a bit misleading, here we can see that Decentraland (MANABTC) grew by 780% but this was only the last jump, the final wave.
When we go back to January 2021, the low, the total growth from bottom to top ends up being 4,612%... Now, that's Cryptocurrency for you.
I am mapping some potential targets but for the long-term and while...
This pair moved in January together with the rest of the market, the Altcoins and Bitcoin moving up.
We can surely see some similar action taking place this month.
We have a lower low 28-June and while the volume is relatively low 1-July, it is still the highest since January 2023, giving us a clue that some buying is taking place.
Lucky them that can be at the...
MANA/BTC pair has been in a descending channel since Nov 2021.
Prices are touching the support trendline and are also at the historical ATL for the third time.
Two previous times when being at ATL, MANA had made 100% and 700%.
What will happen the next day/weeks to come?
Any catalyst to push the pair up?
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...
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
Mana/Btc My Roadmap
Sell 0.000047
Buy 0.0000385
Sell 0.000045
in the short term after completing these three steps. I'll wait for the triangle to break
This chart looks so good that I had to stop to share a trade signal before writing this article...
So, what do we have here?
Decentraland (MANABTC) has gone through a massive correction/bear cycle.
MANABTC dropped by 83% from its All-Time High.
Now, altcoins vs tether (ALTSUSDT) pairs tend to correct by 93, 95 and up to 98% from major bullish cycles while the...
MANABTC It should leave the LTB in a short time since the selling forces are already in their externs. Its next resistances are: 0.00003153/ 0.00003604. She alone is worth the hold.
⚡️ #MANA/BTC - Potential 125% - Long ⚡️
#TRADEIDEA
Entry Conditions:
- Bullish Divergence
- Wave Reversal
- Nearing Bottom Of Trendline Support
- Descending Wedge
- Oversold
All targets & analysis displayed on chart
*These trade ideas are not tracked or official trades
I do see a possibility of a short (daily) run upwards. But this will not be the big rally. It's more a final top out and then we will go into a long consolidation phase to reach Wave 4 target zone.
But there is definitely a good chance to have afterwards in 2025 (not exactly) a huge big rally coming in for Mana again.
The big new bull market in around 2025...
For Decentraland (MANABTC), we have a higher low long-term and prices moving above EMA300 and EMA100 today.
The last barrier for MANABTC is set around 0.00004510.
Once this level is taken out we can expect strong growth (green arrow).
Closing below this level would signal additional consolidation before the next bullish wave...
Additional details on the...
Hi dear friends, hope you are well and welcome to the new trade setup of Decentraland (MANA) with BTC pair.
Recently I shared a long-term trade setup for MANA, which is still in play:
Now on a 4-hr time frame, MANA has formed a bearish BAT pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss,...
We are seeing MANA printing a Complex Inverse Head and Shoulders Pattern on both MANAUSDT and MANABTC, once it breaks the neckline, we will have a very good trade opportunity with risk reward ratio of approximately 5:1
###NOT FINANCIAL ADVICE###
On the left the USD pair demonstrates very bullish behavior, the 21SMA shows growth when in contact with the larger Gaussian Channel
On the right the BTC pair also shows some bullish transition behavior, in which a previous resistance has turned support.
MANA/BTC pair at support?
Looks like theres a weak bullish divergence also, albeit the RSI did fully go oversold.
At the 0.5 fib not fib line lol, so the initial bull trend is still in tact.
also at the 200 ema which might serve up as support.
