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Decentraland / TetherUS

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MANAUSDT trade ideas

Possible MANA targets/price action map for months/weeks aheadBased on price levels/support&resistance & fibonacci's that somewhat align. This is obviously just an idea, to scout possible overall movement. Definitely not trading advice. I thought it'd be interesting to post it now well in advance to see how accurate it plays out. I've been sort of "reverse engineering" my trades here as of late, and this tests that theory. Here are the hypothetical targets: Up to 5700 Down to 1950 Up to 3800 Down to 1100 Possible pop to 1950 Down to .02
by UnknownUnicorn1935796
1
MANA Decentraland Price PredictionIf you haven`t sold the huge Head and Shoulders Bearish chart pattern: Then you should know that Grayscale expressed concerns over the potential impact on the Ethereum Merge, especially on tokens that run natively on Ethereum: The Merge may lead to a fork that might have unexpected and unfavorable outcomes and a scenario where stablecoins and tokens locked in smart contracts might not be redeemable. Token and stablecoin holders might panic and start liquidating their holdings. In this context, price target for MANA Decentraland is $0.62. Looking forward to read your opinion about it.
Short
by TopgOptions
1
MANA - Technical review and analysisDuring the last week, MANA has registered a range trend between the specified levels. After the resistance level of $0.410-$0.417 was not completely broken, we again saw a decline in the price for MANA to the indicated support. Support is seen in the $0.362-$0.370 range, and a very positive reaction is seen at this level. Mana has grown by almost 7% from this area, which due to the short-term upward trend of Bitcoin and exit from the range channel, there is a possibility of the price of Mana continuing to grow and retesting the resistance level of $0.41. But the resistance that can break the upward trend in the 4-hour time frame is considered in the range of $0.423 to $0.441. There is also a minor resistance in the range of $0.406 to $0.411, which is still close to this range in the lower timeframes. not seen Therefore, in the first encounter, we expect a negative reaction from this level. The closest support to the current price is in the range of $0.383-$0.387, which has seen a good positive reaction after breaking this resistance. So it can be a demand area for price growth. The formation of a positive RSI divergence can also help the short-term trend to rise.
by MonoCoinSignal
4
Bearflag - MANA-USDT (Decentraland) please read Above, there is a bearflag that has formed over the last few months📆⏳ we are currently testing the bottom of this structure, if we break down↘, I have some targets listed above on chart📉🆗 Mana (currency of Decentraland ,)💧👨‍🦰👧👦🏬 is a token that is used to buy and sell virtual land in this metaverse much like Sandbox . Decentraland current marketcap rank is #54 , with 734million dollar valuation and only about 8,000 DAU (daily active users) 👇👇 This is not a lot compared to other metaverse worlds like Sandbox 🛕🏝🏟 with almost 40,000 users a day and Alienworlds 🖖👽🛸 well into the millions of registered users... This has concerned some holders and users as of recent, and we are looking for more traction around this metaverse to manifest. As for now, the fear in the market being high and prices at record lows, we can expect to see further decrease in price before a recovery. 3HR view ☃⭐ Weekly view 👀👋 Related article⏩ futurism.com 🛑This is not financial advice🛑 Above are approximate targets based on fibs and major trend-lines etc. I always recommend looking at multiple charts when making a big investment, thank you! Jazerbay ☯ Thank you so much!
Short
by jazerbay
7
MANA D-TimeFrame Trend Analyze>>>>>> Hello EveryOne I Have Tried My Best to Bring the best Possible outcome in this Chart. In case of market support, MANA can hit to the marked resistance's area' on the chart. (mybe some more correction to support's area for earn more liquidity's) MANA's long-term Static support is very important in longer time frame that must not break down at all in this scenario. All important price in short term-mid term marked on the chart. (reviewed by TrendAnalyze/Classic Pattern/oscillator's//Support&Resistance.) It's just an analyze definitely not happen . Not a financial advise. PLZ DYOR With hopping success>>>>>>>>>>>
by imanff
1
Decentraland | Multiple Timeframes (Bottomed Out - Easy 46-90%)After a 94% correction from its All-Time High, we can say that Decentraland (MANAUSDT) already hit its bear market bottom? Chart | MANAUSDT Weekly Most likely, for some people maybe not but here is what the chart says will happen next. Looking at the daily timeframe, we can see that MANA's multi year low was hit 22-November. The day before bear volume was strong and right after the 21st it started to decrease. A bounce can easily happen to the counter trend-line and even higher to reach MA200 at 0.7816 but wait... There is more. The bear market from ATH to the 22-Nov-2022 low took exactly 364 days. This might be a short bear market for some but we know from past history that Altcoins tend to correct from 90 to 98%. Here we have once more a nice setup, low risk and high potential for rewards. The stop-loss can be set below the 22-Nov. low, while for the targets we aim, All The Way Up! Namaste.
Long
by MasterAnanda
MANAUSDTHello Dear friends We are currently above the midline of the long-term descending channel and a positive RSI divergence has been issued on the daily time frame. In the lower time frames, the support ranges have been maintained, it seems that the possibility of forming an upward trend up to the blue range ($0.4854) is high. But it should be kept in mind that if the corrective trend falls below the range of $0.4252, the possibility of a further decrease to the lower areas will be strengthened. We would be happy to hear your comments
Long
by FiboTech