MANAUSDT trade ideas
take off?
RSI:
If the resistance of 62.78 is broken, it could be a sign of strong buying pressure in the market.
Analysts:
The downward trend line has been broken and has reached an important resistance level. If the 0.4868 level is broken, we can expect a 56% move up.
Volume:
In the past 43 days, buying pressure has been strong and the price has met resistance with good volume. There is a possibility that the price will test this range again before moving higher.
MANA/USDT Anticipating Bullish Momentum?👀🚀MANA Today Analysis💎 Paradisers, direct your attention to MANAUSDT as it exhibits a notable pattern, suggesting a strong probability for a bullish move.
💎#MANA historical performance reveals a tendency to adhere to a descending channel pattern, with a break above leading to an upward trajectory. Presently, it is demonstrating a bullish stance. The critical level to watch is $.4244; maintaining momentum at or above this level could indicate a bullish continuation.
💎Should it fail to hold, the next focal zone is at $.3931, aligning with the observed pattern trajectory. #MANA sustained upward momentum is targeting a resistance level at $.4968, with the potential to rise further towards supply levels at $0.6932.
💎 Furthermore, prepare for a potential bullish resurgence from the support level of $.3581 if #MANA does not sustain its upward momentum. A drop below this level could raise concerns about the viability of the ongoing bullish trend.
💎 In the current dynamic and fluid market environment, strategic planning and discerning decision-making are critical. Developing a comprehensive trading strategy, incorporating effective money management, and a deep understanding of support and resistance levels, is essential for achieving sustained trading success. 🌴💰
MANA EYEING $0.7
MANAUST to possibly reach $0.7 after this consolidation, ideal area to bag EURONEXT:MANA is at the lower region of the consolidation box or slightly below it. There is context to this on the daily timeframe but one step at a time. I will keep updating stay tuned and turn on notification.
🚀 Decentraland (MANA) Analysis: Breakout and Retest in Focus! In early November, Decentraland (MANA) made a significant move by breaking out of its descending resistance line, a trend that persisted since May 2022, starting at $0.38. A notable achievement signaling a potential shift in market dynamics.
However, in a retracement move, MANA revisited and retested this breakout point just yesterday. The current state of being oversold indicates a potential consolidation phase, where the price may stabilize before attempting further moves.
Key points to watch:
Oversold Conditions: With the price currently in oversold territory, a period of consolidation is expected.
Future Targets: Anticipating consolidation, the next potential targets to watch are in the range of $0.50 - $0.58. This range becomes critical for assessing the sustainability of the breakout and potential future upward movements.
Decentraland (MANA) setup for upto 18.50% pumpHi dear friends hope you are well and welcome to the new trade setup of Decentraland (MANA) with US Dollar pair
Previously we caught almost 17% pump of MANA as below:
Now on a 4-hr time frame, MANA has completed a bullish Gartley setup for the next price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
✴️ Decentraland Double Bottom & 530% Growth PotentialHello my dear supporter, let's keep this one short and simple while we consider a 500% potential profits for the upcoming Decentraland bullish wave; This is a high probability trade setup.
Let's start with the weekly RSI, MANAUSDT:
Yes, we have a bullish divergence on the RSI, a broken descending channel and a new high... But compared this to MANAUSDT.
Notice how the January peak price for MANAUSDT is much higher than the current price, ~80% higher to be more exact, while the RSI on the other hand trades much higher compared to January 2023... This is a signal of strength.
Couple this with four sessions closing green, the last one closing today, and we have a very strong bullish setup.
Short & simple; Easy & sweet; This explanation is all we need!
These signals are revealing to us that something good is about to happen to this Cryptocurrency trading pair.
Thank you for reading.
Thanks a lot for your continued support.
Namaste.