MANAUSDT
Is MANA about to fall?After checking in multiple time frames black line its the next move ONCE it broke down the support IF dont broke the support we will have a consolidation phase.
The question here is... Once current support has been broken, whats the next step? so for now Im not sure about this analysis, then please dont follow as investment tip.
#MANA is ready to pump more than 80%#MANA in it's #USDT pair made a triangle and there is 2 possible scenarios for this chart in 4h time frame
1 : Break out the triangle and reach to 5.3 and 5.8 as next resistance levels
2: break down supporting level in the area of 4.2 and retest next support in 3.93 and 3.5
IN both scenarios #MANA is following targets : 6.5 - 7.8 - 9 - 10 - 15
Best approach is buy step buy step in the supporting levels and rebuy in Rebuy Zone if stoploss (3.93)
☑️USDJPY: hawkish Fed policy➡️ At the moment, the USDJPY currency pair is trading near the level of 113.400 , which is expected to be tested today and the price would go down further.
Fundamentally, the USD is strengthening against the backdrop of comments from the head of the FRS and in the principle of the Fed's policy, which is planned for the near future. In the future, a strong dollar should be expected. It is assumed that from January, the Fed will accelerate the pace of winding up the QE asset purchase program to $ 25 billion a month. In this case, if the Fed starts to cut QE and raises interest rates faster than expected, it could raise long-term interest rates, including in Japan. In this case, the strong dollar initiative will be lost. All this will have an impact a little later and at least in the medium term.
Technically, the pair is trading below the range (balance) of 113.400 - 114.320 and the current trend is in favor of sellers. The average calculated sell entry level is 113.400 . The rest of the parameters of the deal, as always, are in front of you.
🔔 Proposed deal for this tool 🔔:
🔴Entry Point - 113.409
⛔️Stop Loss - 114.021
✅Take Profit - 112.184
Thanks for your comments and likes 👍
👇🔥 LINKS TO PREVIOUS IDEAS AND FORECASTS 🔥👇
Mana to $7 or $3 first ?Hello all. Interesting pattern formation for mana both on daily and on the 4hr charts.
We have a descending channel which can play as a bull flag and put us around $7.
On the other hand, we have formed a descending triangle which is a bearish pattern. The measured move for this patter is approximately 35% which will put us at around $3 range. This level corresponds with the 50 EMA on the daily also with the fib gold pocket.
Definitely interesting to watch since we have bearish and bullish sentiment going on. Keep an eye on it.
Super bullish long term and buying more. Top of the ascending channel sits around $7 which we will reach very soon no matter what.
Thanks for reading and stay tuned. Enjoy.
25-28% Drop ahead?Measures towards 28% but I have had 26% on my radar for a couple of days...maybe just depends on where the flat bottom fails? Keep an eye on it. There is very strong support around $4.32, so who knows. These are just ideas and not financial advice. Unfortunately, not a lot of bullish ideas for today, especially since it failed earlier to reach a potential break out, falling short of $4.87 @ $4.82.
MANA USDT analyseIf Mana can hold the 0.236 fib line we could see a retest to 5,2$. As you can see at trying of the yellow line it got rejected. If Mana can't hold the red line, we will try to touch the white line. So currently if you hodl, buying is a good idea, but you could get better entrys, so maybe split buy orders!
MANA: HTF FractalHTF Fractal taken from previous price increase, when stretched so that the beginning of the run fits the beginning this current run, seems to be somewhat predictive so far.
Is this a crazy price target? Yes.
May it be warranted? Possibly...
MANA is now a direct competitor to 'META' (formerly, 'Facebook'). Meta's current market cap is ~880 billion. MANA's is around 8.6 billion.
If MANA had Meta's market cap (so assuming some scenario where MANA becomes THE metaverse, beating out Facebook /Meta and all other competitors), that would put MANA's price at ~$482.
Full disclosure: this isn't so much a serious possibility in my mind, at least not yet, I'm just posting this to see how this theory/ fractal pans out; mostly just curious.
MANAUSDT - SETUPMANAUSDT still trading at a critical support zone area around 4.50. we are expecting that bulls are not exhausted at al. They can push it further towards 6.0 followed by 7.00. And if it could not sustain this support we will see a sell-off towards 4.0 followed by 3.0 So watch price action carefully. Good Luck!
MANAUSDT # 003 ( what do you think ? Isn’t time to buy ?Hello dear friend.
What we expect in last analysis MANAUSDT after broken daily Gann arc resistance will start bull rally .
But it start side way move to collect spring for big jump.
Now is get support from Gann fan line & ready for crazy bullish rally .
R:R Ratio = 17
Thanks for your comments & support.
Good luck & safe trade.
☑️ETHUSDT: acceleration for takeoff➡️ In two years, ETH soared by about 530%, while BTC during the same time, Bitcoin by about 200%. And despite the fact that in terms of capitalization BTC still exceeds ETH, the latter turned out to be the most effective instrument, as can be observed based on the growth over the specified period.
According to Stefan Wellett (co-founder of FRNT Financial Inc.), Bitcoin is viewed primarily as a hedge against inflationary risks, while ETH acts as a foundation for cryptocurrency companies. Many institutional investors see ETH as a promising cryptocurrency. As a result, investment in Ethereum funds is increasing.
The value of this asset will continue to grow, as it is expected, and the ETH will undoubtedly attract the attention of market participants. Technically, the cryptocurrency is above the important level of 4024.90$, which clearly indicates a bullish mood (this level is indicated in the comments on chart D1).
In this regard, it is supposed to enter the purchase. The parameters of the deal are in front of you. Stop Loss is placed at the level of 4334.07$, and the target will be the level of 4770.65$. The potential of ETH, of course, is much higher.
🔔 Proposed deal for this tool 🔔:
🔵Entry Point - 4407.53
⛔️Stop Loss - 4263.00
✅Take Profit - 4754.37
Thanks for your comments and likes 👍
👇🔥 LINKS TO PREVIOUS IDEAS AND FORECASTS 🔥👇