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MANABTC

New reality or utopia? MANA/ BTC analyticsBUY: - SELL: - STOP-LOSS: - Support: - Resistance: - Decentraland creates a VR platform where users will become the main owners, creators, and players. This is the world of Second Life, which will be decentralized and owned by users. The project aims to solve the problems of centralization of platforms that host gaming and other applications. Different companies require high fees for entering the market, they also have strict policies that prevent many applications from entering the market. Decentraland wants to change this situation and gather everyone in its virtual world. From mid-August, the token price is in a narrow trend, with a difference in peak rates of about 20%. In the middle of September, the minimum of this year was formed, at the level of 0.00000814. The asset reacts poorly to bitcoin movements and characterized by a slow price change. Pay attention to the zone 0,00001100 - it is necessary to monitor the behavior of prices in this area, because the asset may not have time to react to the market movement and go up from there. It is not profitable to open positions at a price higher than 0.00001100, because the chart does not show prospects for serious growth. Volatility during the day is within 3-6%, liquidity is low with non-stable volumes. Therefore, the asset is not well suited for intraday trading, although it has a serious ambitious goal.
by ZOGRAS
1
Per Request: $MANA is Quite Slow MarketMANA is quite overvalued i think. Because it has 2.6+ billions total supply and 1 billion on the circulating, ranked as #80 on the coinmarketcap at the current moment. This token engaging in virtual reality industry. I barely know, this such thing can be so stabled even on the bear market. And Wow... it listed on many markets more than I expected. 46 markets, huge. Why am I so surprised. Upbit, Bittrex, Binance, Huobi, OKEx and the rest, wow I should've found this from the beginning. It just out of my radar. Started out from only one hundreds plus before the December 2017, now it's quite "Stable" above thousand sats-ish. Mana chart is not something that i really love if i'm a swing or day trader, less volatility means less up and down, means less chance to get a huge profit. If you're a vision investor, MANA could be one of your choice. Support should be around 929 - 839 sats. You can put buy other right there. or 1000 - 1050 sats are also fine. Target? 1760 to get out of my initial capital and let the rest riding. If all of these ideas I posted helps you just give me thumbs up, shares, comments and follow me. If you have a suggestion, just fill in the comment sections or message me. Looking forward to hear from you all. Thanks a lot!
by blockchaindedi
6
MANA AnalysisLooks like a nice support on the 1.616 fibonacci line and also the 234 moving average, it is now near the end of the full wave cycle so i believe an uptrend is likely as we approach the end of the year. MANA has historically performed better than a lot of alt coins while having a lot of volatility which is great if you prefer stormy seas! Disclaimers, not intended to be financial advise, not an expert. I am holding a little mana at the moment but only after seeing the chart. Biffy
Long
by Biffy
Virtual reality rules! =)This post is not a prediction or instructions for trading but rather a thought about MANA and what stands behind it, illustrated by a day chart with a beautifull uptrending parallel channel. Just closing to the end of its cycle and swing and getting ready for a new one. I've been trading MANA since this project only appeared as I saw a great potential in it. Surely you know that virtual reality games have a long history. First started as browser games (I've played one for several years) which already had large amount of real money invested by players in all sort of ingame items giving them some advantages over those who don't invest. These "pictures" could cost several thousands dollars each. Maybe more. Than virtual worlds progressed to 3D engines sucking in more and more people. Did you know that there is a game Entropia Universe (space MMO) where planets and buildings were bought for hundreds of USD and sold for millions? Nice profit, isn't it. And that were games not based on blockchain where ingame financial operations were kind of complicated. Now we have Decentraland. A whole new ecosystem that will have so many investment and cashback opportunities with so easy and transparent currency exchange that I can't see any other way for MANA but UP. Imagins buildings, businesses, casinos and so on all working and bringing real profit. People already bought all land lots and now reselling it to each other with prices going higher and higher. Soon there will be appartments, cars, clothes and all other stuff requiering MANA to get it. So people will need more of it. So back to chart. Right now MANA is under descending trendline that should be crossed sooner or later. The qestion is only where is the best entry. Frankly I have no idea =) price is almost at its bottom before the next swing up but this bottom may go lower to 1450-1500. So I'm watching and advise doing the same. Don't be tricked with FOMO. Its never late to get in this coin. Good luck with your trades!
Long
by WiseAnalyze
2