MANAUSDT
Mana bearish triangle going to 0.63Mana has printed an descending triangle with decreasing volume, according to my strategy this is a book short. As you can see in the chart mana failed to break through 1.35$ level witch is a strong resistance and then the price kept decreasing till the 1.02$ drawing the mentioned pattern.
I will use volume as confirmation for this pattern because in my opinion decreasing volume precedes a big move.
It is not wise full to see the pattern an then rush in crazy mode. I think that it would be nice to wait to see a 4h close below the 1.02$ level before entering.
And of course you always have to take in to account the Bitcoin situation, if Bitcoin pumps it is going to ruin this setup.
Now we have two choices to enter :
-Enter now at 1.026$: with stop loss at 1.063$.
-Enter at the 4h close blow 1.02$ with stop loss at 1.06$.
-Enter in the retest of the breakdown if there is one with the same stop.
The targets are previous low 0.636$ and past low 0.368$.
I will personally enter now at 1.02$ with stop loss at 1.063$ with a 5%(0.968$) profit i will move the stop loss to entry.
Regards and happy trading.
#MANA/USDT 2HOUR UPDATE BY CRYPTOSANDERS !Hello members welcome to MANA/USDT 2hr chart update by CRYPTOSANDERS.
I have tried my best to bring the best possible outcome in this chart.
As we can see from the above-mentioned chart that MANA/USDT brack the inverse head and shoulder pattern create and broke the neckline and retested the green zone and the current scenario we are expecting that get will go up all the way to $2.50 means almost 130%.
So if it moves to the green zone again then it will be the zone to go long on MANA/USDT
entry:-$1.0732,$1.1308
target:-130%
stop-loss:-$1.0061
with leverage 5x to 10x
Sorry for my English it is not my native language.
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Do hit the like button if you like it and share your charts in the comments section.
Thank you.
MANA/USDT Short-term bullish sign!Hey Colleagues,
Today we came across MANA/USDT. We see a great short-term opportunity for this coin to have a major pullback back to the $1.45.
There are two scenarios for this coin but both would have same outcome:
1) We move to $0.83 from where we would bounce back up.
2) We will move to $1.34 where we would try to break the resistance and make from it our new support.
If you like ideas provided by our team you can show us your support by liking and commenting.
Yours Sincerely,
Swallow Team
Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
[ALTCOIN] MANAUSDT FALLING WEDGEHello, everyone
We're a team that specializes in chart analysis
We will always analyze and provide you with charts to help you sell
There are so many trading laws and there are so many good technologies that come with them, but I'm confident that the trend line is really strong.
If you read the point of view and get to know the line, every line will adjust
Thank you.
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Chart Analysis Content -
FALLING WEDGE
BULLISH IN 1.15 HOURS FOR BTC!I believe that the reversal will occur around 4 am EST ( MAY 16 ) , and we will see #bitcoin hit 32 800 over the next two days and hover there for a couple of days before dropping to 30 700. After that, we will see breakouts like JASMY, SAND, CRO, NEAR, APE, MANA etc.
I am buying the altcoins listed above. Do your research. I believe we will see a new market cap ranking that will become more solidified with currencies tied to NFTS and other needs of the NFT and gaming communities for blockchain P2E. I believe now is a great time to BUY GMT, KNC, APE and NEAR! THEN HOLD AND WHEN YOU UP 20 - 30 % remember retracements are very lucrative used correctly. Trade responsibly and proactively! BE VIGILANT; THE MARKET NEVER SLEEPS! When you sleep, place a stop loss if you're leveraging
REMEMBER YOU HAVE ONLY YOURSELF TO RELY ON!!! KNOW WHAT YOU ARE DOING!!!!!!
DONT WATCH LUNA GO TO 0 then say you lost everything because of LIUNA, I am sorry for the losses but I lost as well and cut them at the point of 30%. Set up a system and remember the market IS VOLATILE AND NOW PICK UP currencies for half price!
Happy Trading!
- EhBeast
#MANA/USDT 1HOUR UPDATE BY CRYPTOSANDERS Hello, community members welcome you all to this MANA/USDT 1hr chart analysis.
mana/usdt1hour analysis and cup and handle complete and buy green zone.
leverage:-5x to 10x leverage
entry:-$1.11,$1.16
target:-60% to 80%
stoploss:-0.9910
Remember: This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade...
happy trading...
thank you...
MANA Took an Early Recovery on the Support Level Price recovered from the decline very early from the support formed. Here we can see that price move back inside the lower boundary of structure while this has a chance to reverse one more time before the lift off. A bull requires a bullish breakout to be confirmed first on the resistance formed.
MANA/USDT 1HR CHART UPDATE BY Domino Crypto!!Hello, community members welcome to this MANA/USDT 1hr chart update by Domino crypto.
Don’t forget to hit the like button if you find this update helpful because this motivates me to bring this kind of update on a regular basis.
Now, Let's get to the chart,
As we can see from the above-mentioned chart that MANA/USDT created an INVERSE HEAD & SHOULDER pattern which is a bullish pattern.
In the current scenario, MANA broke the neckline and currently trading at the price level of $1.2.
Now, here I am expecting a retest to the neckline which will be the confirmation of long MANA.
RSI also follows the trend line well and moves upward.
At some % below MANA also getting support from the blue MA, and in another case, MANA can come done at the blue MA to retest and can pump from that zone also.
ENTRY:
leverage:-5x to 7x leverage
entry:-$1.12,$1.15
target:-40% to 50%
stoploss:- $1.0
NOTE: This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.
DO YOUR OWN RESEARCH BEFORE TAKING ANY TRADES.
Thank you.
MANAUSDT NEXT RESISTANCE LEVEL 1.4$ ? Hello Traders,
Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it!
- Checking our 1D TF we can see that $MANA price action has bounced strongly from support level 0.7000$ which acted before as an Support&demand pattern ( accumulation ) for a previous bullish impulse on 28 October 2021 suggesting
that its a POI for many retail traders buying the asset on a discounted price .
- On 4H TF $MANA just broke above level of S/R of 1.000$ - 1.1000$ , would like to see the buyers pushing towards 1.215$ showing they have the strength to trade higher as the price would be lifted towards level of 1.4000$-1.5000$ S/R
level , buying pressure seems decent and this is a good sign to trade higher
- Meanwhile do not forget to monitor the bitcoin movement as it's fixed above crucial S/R level 30000$ and should have a 1D candlestick closing above this level or else price will drop again towards level 27k-28K
Good Luck Traders
PREPARING FOR A MANA LONG Looking at the MANA/USDT pair today, Lets get it!
Chart above us shows that we have a first wave extension impulse in play. As shown by the first fibonacci tool, we found support at the .382 region marking the end of wave 2 and made new ath's at the 1.5 fib region(just under the 1.618) for a wave 3 top before clearly getting rejected as shown by the 2nd fibonacci retracement tool.
Currently still in the correction phase of wave 4, MANA seems to be baiting everyone into buying and longing here, however the chart below shows us with the angles presented that this isnt the bottom and that we will most likely still go to the bottom of the ascending channel before getting a reversal for our wave 5 impulse
Once we confirm our Wave 4 bottom, target for our wave 5 will be the touch of the channel resistance once more and should be inline with either the 1.9 or 2.0 fib resistance, leaving us with a price target in the range of $15-20 depending on how early we can achieve that.
If you agree with this idea, leave a like and share your thoughts in the comments
Feedback is always appreciated.
MANA MACRO ANALYSIS - (DECENTRALAND)Happy New Month Everyone.
We will be looking at MANA/USDT today.
In our past analysis we managed to predict the drop on mana and identified areas to get into a long position, however price missed by a few digits (need to learn to market buy more often). Today we will have another go at longing mana.
As you know the last analysis was based off the First Wave Extension Theory which still remains the same. You can read up on the previous analysis for more details:
Current Analysis:
Not much to explain really. Judging by the chart above, we can expect price to make new ath's this year around early July to September depending on how Bitcoin & Ethereum behave in weeks to come.
Longest duration for price to peak was the 1st wave which having the highest %growth makes sense, followed by a correction of -77%.
Wave 3&4 have had similar timeframes to conclude their tops and bottoms, as well as -70%+ corrections, so we can expect the same for wave 5.
PS: I was expecting a drop to the 1.6 region in January with 1.3 being the worst case scenario, try and keep that in mind and remain on guard. Other than that, I'm happy to average in at these prices.
If you agree pls leave a like and share your views as well in the comments.
Feedback is always appreciated.