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...
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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We haven't looked into Decentraland (MANAUSD) since June 03, where we called for a bearish continuation unless the 1.13500 Resistance broke: As you see the Channel Down extended and the Resistance hasn't been broken up to this date. Despite today's +10% rise, the price remains below all 1D MA50 (blue trend-line), 1D MA100 (green trend-line) and 1D MA200 (orange...
Been Watching MANA for a minute and it either just bottomed or it is about to. My target is ~.2910 and it has a little bit of play left to make that target. Not sure what my target are for the new cycle though will know in a few days. Good luck and Tight Stop losses!
MANAUSD is looking a little precarious right now, it's just broken below a recent (and historic) level of support with not much in the way of resistance until a healthy 20% drop has taken place. Not to worry, Crypto Tipster v2 is offering us a Short signal, profits to be made on market swings in either direction! We'd set a reasonably tight Stop on this Short...
The bear market trend resistance will act like a magnet until it breaks so as a counter trend trade it can be traded until it will be hit.
The Mana coin has reached a support level, which could indicate a trend reversal, this project has great potential.
Mana price is clinging to the 9ma on the daily charts. I always plot the 9 period moving average on charts, when price clings to it in parabolic moves it helps me stay with the trend, here mana is doing the same. Hold this one, I posted about Facebook (meta) last week and we saw great day trading profits on that last week. METAVERSE stocks and crypto are your...
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I firmly believe in human behavioral patterns and price movements of course taking into considerations of real world social issues, economics etc.Mana is very much headed to test the .88 cents level by sometime in December. REASONS WHY ! it hasn't retested that 0.8 level yet. Rsi indicator hasnt reached the consistant oversold resistance rsi level on the day...
MANA seems it wants higher, there's some overhead supply to break through, if we can enough buying pressure. I'm targeting TP 1 @ 0.67 and TP 2 @ 0.70, we could possibly move higher into the longer term range of 0.82. Trade Safe
See long idea for MANA going to $1.10, leave a comment. Let me know your thoughts. Best, Brothers In Bitcoin
Hi Traders MANAUSD (1H Timeframe) The market is in a downtrend and we are waiting for an entry signal to go SHORT below the 0.5980 support level. Only the upward break of 0.6220 would cancel the bearish scenario. Trade details Entry: 0.5980 Stop loss: 0.6220 Take profit 1: 0.5830 Take profit 2: 0.5590 Score: 8 Strategy: Bearish breakout