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✴️ Decentraland 1,2,3,4 Steps Pattern After Perfect Zig-ZagI've always loved to do things early, work early, wake up early, meditate early, open up my Crypto trades early; buying early... It has its advantages and pitfalls. One of the advantages is that you get bigger, better, higher earnings potential, the initial move is always fast and strong. One of the pitfalls is that you are less certain as the confirmation is yet to come. For Decentraland, MANAUSD, the bias is bullish based on the move that started in January 2023. This move (#1) is the initial bullish breakout and sets the tone of what is happening. What follows is a correction and in this case we have a perfect zig-zag, low (#2) followed by a lower low (#3), with prices bouncing perfectly so far off the 0.786 fib. retracement level. Now, that's one of the cons of being early, it can go lower before reversing but the reversal is sure to come and that's #4, the new bullish wave that is about to develop all across in the days, weeks and months to come. That's the 1,2,3,4 Steps Pattern for you. Thanks a lot for your continued support. I miss you! Namaste.
CRYPTO:MANAUSDLong
by MasterAnanda
MANA - Time For Lift Off!In our last analysis for MANA, we identified that we were in subwave 2 of wave 5. We are now at the extremes of the subwave 2 as we're touching the ascending trendline which we anticipate to be respected. Our hard stops will remain below invalidation level but we can capitalise on a risk entry now. For a safe entry, we can watch for the red trendline to break, which will still be relatively early in the move. Trade Idea: - For a risk entry, enter now with stops below the wedge OR safer stops below invalidation level - For a safe entry, enter on break of red trendline - Targets: 6, 15, 40 Goodluck and as always, trade safe!
BINANCE:MANAUSD
by WicktatorFX
4
MANAUSD Cycle may need to make one last low before rallyingDecentraland (MANAUSD) has been unable to break above the 1W MA50 (blue trend-line) despite January's rise (led at large by Bitcoin). This draws heavy comparisons with the previous Cycle, which on March and June 2019 failed also to break above the 1W MA50 despite a March rally and instead dropped to the 1.236 Fibonacci extension, which was a Lower Low for the Bear Cycle and the final bottom. The 1W RSI pattern confirms those similarities and even though MANA doesn't have to decline as low as the 1.236 Fib again (which is at 0.1420), we have to consider the high probability that the bottom is not in. Of course breaking and closing above the 1W MA50 invalidates that and sets the market on a Bull Cycle track. Technically the closing above the 1W MA100 (green trend-line) kick starts the parabolic part of the Bull Cycle. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:MANAUSD
by TradingShot
2
Decentraland: Crab 🦀Like a crab, Decentraland is predominantly moving sidewards just above the support at $0.48. Nevertheless, we expect our crypto friend to develop more upwards momentum soon so that it will be able to expand wave iii in magenta above the resistance at $0.84. However, there is a 35% chance that Decentraland could slip below the support at $0.48, thus digging itself into the magenta-colored zone between $0.49 and $0.40 to place a new low in the form of wave alt.ii in magenta first before turning upwards again.
BINANCE:MANAUSD
by HKCM_Global
MANA-MANIA! Don't Miss Out!MANA is looking like its almost ready for a MASSIVE move.. At least 1000%. We can see that we are currently in a 5 wave move higher. Wave 3 had a nice 5 subwave breakdown. We can use that framework to figure out what's next for wave 5. Subwave 2 of wave 3 was a tight correction and we are seeing almost an identical tight correction for subwave 2 of wave 5. Great thing about this is that we have a strict invalidation level. Trade Idea: - Watch for a breakout of subwave 2 - Enter with stops below the correction (or safer stops below invalidation level) - Targets: 6, 15, 40 Goodluck and as always, trade safe!
BINANCE:MANAUSD
by WicktatorFX
12
Having Fun Speculating with ManaDrinking Kombucha on a Friday night playing with the Mana chart Elliot Wave Count. Mana looking bullish. The TP - Take Profit ideas are prices to watch for spot trading and hodlers to sell and then buy back in on the dip at the BB CBO - Buy Back Cheeky Buy Order - These are the price levels to watch for potential bounces. Of course we may not hit these targets, they may extend or fall short. I'm just playing with speculation to entertain myself becuase i've had too much caffine! What are your thoughts? Let's see how this plays out.
COINBASE:MANAUSDLong
by themissionmentor
MANA - Perfect Elliott Wave Impulse!MANAUSD looks like a picture perfect impulse. We can see clear impulses and clear corrections. We can see that we've completed the 4th wave and now we're in the 5th wave. We are expecting 5 subwaves for the 5th wave and we can see that we're in subwave 2 now. The lower subwave 2 goes, the better (as long as we stay above blue structure)/ Trade Idea: - Watch for the current correction to break out - invalidation level is below 0.27 - Targets: 5, 6.4, taper rest as we move higher Goodluck and as always, trade safe!
BINANCE:MANAUSD
by WicktatorFX
4
#MANAUSD - So Many Good Trades, Here's Another One!Over the last few years #DECENTRALAND has been one of our best performing trading pairs, providing consistently profitable trades time and again! Here's another example coming up right now, we predict the price being rejected by the trend line it's currently sat on, dropping around 40% (a huge amount!) to meet the lower trend line. _________ What Do You Think? If you enjoyed or agree with this idea - drop us a comment, like & follow! 😀 Ideas by theCrypster meet the guidance notes and disclaimer as mentioned below and within our website. See Signature for more info! ✌️ 🔥🔥🔥 Crypto Tipster v2 theCrypster 🔥🔥🔥
KRAKEN:MANAUSDShort
by theCrypster
18
MANA: Short term BullishWho 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 of the ascending channel (green), around $0.82. Following its rejection at $0.81, MANA has consolidated around the middle of the channel and is showing strength as it follows support (red dashed line). It may retrace back into the channel before heading higher to the low-mid $0.90s. The MACD isn't horrible and beginning to tilt upwards to cross into bullish territory. This post is not financial advice.
MLong
by keykomg
MANA/USD: bullish setup toward $0.94 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 decision to long. If we see a bullish signal in the closed up of this Daily candlestick, we can to think that MANA it's going to strength the trend. I hope that this analysis support you!!! Good luck!!!
BINANCE:MANAUSDLong
by harisonhbn9718
2