Decentraland broke trough the support level. Asset broke trough the ascending trendline. Bearish movement to support level at 0.64 is possible.
MANA is on a tear. It broke out of a descending wedge (green circle) and has a target of $1.25 which also corresponds with the fib .618. The $1.25 price target is further supported by an Inverse H&S that began forming in early August. However, MANA hasn't broken out of the descending channel (red circle) but is gearing up to push past at $0.74ish. Minor...
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The Mana coin has reached a support level, which could indicate a trend reversal, this project has great potential.
Same chart as two days ago...still consolidating within range. As much as it is following the parallel channel(s) for a bullish scenario, should supports fail, the bearish M pattern is still on the table. Just below $0.81 and again at $0.91 will bring resistance should MANA break higher. A drop below $0.59 would invalidate the C&H. This is not financial...
Decentraland (MANAUSD) broke today above two bearish patterns, as shown on this 1D chart, a Channel Down (blue) and a Falling Wedge. At the same time it is trading the higher it has been above the 1D MA50 (blue trend-line) since November 2021 and the peak of the previous Bull Cycle. All this while the 1D MACD is above the 0.000 neutral point with the green and...
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MANA is invalidating the Bearish M pattern. The current Inverse H&S has a target of around $1.22 (Green). This will set up a greater Inverse H&S (Pink), with a future target in the $2.15 range.
Just like my previous idea I posted on gala, mana is also currently inside a similar bear flag where the flag is also a descending channel. The full breakdown target for this would be negative 1.80 so I think it’s more likely this bear flag breaks upward…the descending channel on its own usually breaks up so often when you see it as the flag of a bear flag it can...
Who knows how the markets will respond to the Fed on Wednesday and Friday this week? It doesn't have to make sense. Inflation should have bolstered crypto because it's inflation-proof by design...but that didn't happen last year. This just means, for me, I will keep a close eye with tight stop losses. MANA is currently set up to at least revisit the resistance...
Posted elsewhere, copy paste So, like saying b4 Most #altcoin performing well Called few of these Picked up last night $CGG 2x in a day $HIGH $ILV $DERC $MANA More moving well: $CUBE $WILD $YGG $VOXEL $SOUL $NAKA $XED $REVO $MBS $CWAR $ONE $VRU $SIDUS $XWG 50%s $CWS $GCOIN $MONI $GQ #crypto
MANA look very interesting to long this cryptocurrency. I decide to make an analysis to trade altcoins. As this it's one of the crypto example to long. I will put a buy order limit in $0.69 cents, Stop Loss fix in $0.6161 USD and take profit to $0.94 cents. So guys, we hope that Daily candlestick closed up with a bullish signal in the price action to take best...
Great Breakout by MANAUSD Strong downtrend in red but that has been cleared with the recent move! This is a very strong pick for the continuing bull moves
Decentraland is currently moving sideways, being quite tempted by our alternative scenario with a probability of 35%. In this case, the coin would exceed the resistance line at $0.7813 and rise into the blue target zone to finish up the pink wave alt. before heading back South. Primarily, we expect Decentraland to get back on track to fulfill the corrective low...
MANA broke the resistance of the macro descending channel (orange) 4 days ago and is currently still above that zone. Although there is a potential 'M' pattern forming (red), there is tremendous support all the way down to $0.59. I think the latest momentum and industry growth leans toward a more bullish scenario. Although these are simply my views and not...
We have Bearish Divergence oin the RSI and some choppy Bearish Divergence on the MACD if that Divergence plays out at these levels that could begin to put us in anM structure that would take us back down to 30 Cents
After a break of resistance a pull back is possible before the downtrend continuation.
$MANA On a Weekly Chart LONG POSITION -MOMENTUM STRATEGY - SWING 09.01..22 0936H +8 SINGAPORE Disclaimer: The findings of the following analysis are the sole opinions of the publisher of this idea and should not be taken as a piece of investment advice. My Published Ideas are not 100% Accurate. There are many factors at a given time that can change the...