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Mana

MANA- Market is weak, we need to HedgeMANA is my selected Short for the day. Close to 1.0860 Resistance it's ideal (to me) for a short position with SL over 1.10 At the same time check my previous posts/ideas for my other set-ups and most importantly look at this: Mondays are Red🩸 Ends are Weak💤 Yet we Rise✔️ We might as well have patience and yes: the market will most likely continue to rise but not on a straight line. DYOR and learn how to trade: it does pay out eventually. One Love, The FXPROFESSOR
Short
by FX_Professor
2
MANABTC - Longterm IdeaI do see a possibility of a short (daily) run upwards. But this will not be the big rally. It's more a final top out and then we will go into a long consolidation phase to reach Wave 4 target zone. But there is definitely a good chance to have afterwards in 2025 (not exactly) a huge big rally coming in for Mana again. The big new bull market in around 2025 depends a lot when we go into a general crypto bull run again. Therefore also the weekly chart from BTC will help me to understand better the market cycles.
by learnWithBurn
Mana trying to flip the inv h&s neckline to supportIf it can succeed in flipping the neckline of this inverse head and shoulder pattern to solidified support, then the breakout target of the pattern should be around 1.28-1.30. It hasn’t validated its breakout yet though so if bitcoin takes a tumble, it could take mana down with it before it gets a chance to validate this pattern. Will likely see it decide which way it will go in the next 2-4 days. *not financial advice*
COINBASE:MANAUSD
by DrDovetail
1
Mana - Midterm view📉Reasons to take short: ⭐️ Formation is 2 months old ⭐️ Formation is clean ⭐️ We are in the end of formation ⭐️ Slowly squeezing local level ⭐️ 4th touch ⭐️ 50 ATR ⭐️ Under VWAP Will enter when price squeezes to the trendline on 5m timeframe, the base will form and the tape will get faster. If you don't understand the previous sentence, just use swing stop-loss 3-5% Fix profit by parts: 1% - 1/3 2% - 1/3, stoploss to breakeven What's left, hold to the maximum What do you think of this idea? What is your opinion? Share it in the comments📄🖌 If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
Short
by Artem_Dishel
8