MANAUSDT
MANA trend follow shortPrice broke below very important area of support around 2.20 - 2.24 with an impulsive candle. Price then retested support turned resistance with a bearish flag, broke trend line with a high volume bearish engulfing candle on the 1h chart.
Stop loss: above resistance, recent highs
Take profit: at 1.5 fib extension level, acts as level of structure to the left
MANA could go back to absolute support with btc pullbackFOMC meeting is soon.
BTC might face volitality and there might be a blood bath of down wicks tomorrow and next two days. if the BTC breaks the support it could direclty fall back to 37k taking all other coins with it down. This is a scenario for BTC's down wicks if reaches 37k or below.
MANA's FIB retracement is the last support to collect liqudity and pullback up to 20% atleast
Trading responsibly.
DYOR
MANA/USDT BINANCE H1 Falling Wedge (active) [Decentraland]MANA/USDT BINANCE H1 Falling Wedge (active)
A Falling Wedge is activated
Targets are displayed as green horizontal rays
Longterm, Midterm and Shortterm view Fibonacci Retracement Levels are displayed as horizontal lines
Historical Monthly Highs and Lows are displayed as horizontal lines
This Pattern is part of a bigger bearish pattern, see active Bearish Pennant
MANAUSDT -- 4HHey guys
It is time to invest in some coins and tokens according to their technical and fundamental conditions.
here is the third one I have orders according to the key levels shown in the chart.
DYOR!
This is my idea. not a financial advice.
like and share and comment the coin or token you want me to share my technical point of you of them
Good luck
Decentraland (MANA) - April 9hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a nice day.
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(MANAUSDT 1W chart)
2.2 or higher: Expected to create a new wave.
(1D chart)
(buy)
- After confirming that it is supported in 2.2 or higher
(Stop Loss)
- When it falls below 2.1178 and receives resistance
(Sell)
- When resistance is received in the range of 3.2690-3.6862
- When receiving resistance near 4.9455
If it rises above 2.9026, a sharp move is expected, so trade cautiously.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move accordingly as price and volume move.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet.
(Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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BTC/USDT : 4H : TA : 2022-04-05It should be seen that Bitcoin can maintain its upward trend and dynamic support, or will have more restructuring and correction due to re-testing the supply and resistance range and losing dynamic support.
Note that losing is better than greed for more profit. So trade with caution.
⏳update
👸raiN
📅Tuesday, April 5, 2022
🤷♀DYOR