Mana/busd buy callMana/busd is in uptrend and testing risisng support
Buy (Current market price) : 0.5990
SL : 0.5936
TP : 0.6106
MANAUSDT
MANAUSDT ANALYSIS (4H)Hi, dear traders. how are you ? Today we have a viewpoint to BUY/SELL the MANA symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Massive 538% potential on MANAThere are hints that the sustained downtrend in MANA is coming to its end.
1) We formed a strong weekly support.
2) This level was broken near the end of 2022.
3) However, there was very little supply around those low prices, and price quickly broke above the level again in early 2023.
4) Not only did we break that significant support/resistance level, we even broke above the previous significant high. This marks a "higher high", and hints that bulls are willing to buy MANA at continuously higher prices.
5) We retested the support/resistance level, which was in confluence with the Fibonacci golden pocket. We see a strong reaction in the form of a wick to the downside, indicating that bulls are quickly buying up all the supply in that level.
From here on we can expect higher prices. I've put my SL below the retest of the support/resistance.
SasanSeifi 💁♂️MANAUSDT /LONG VIEW 👉3D ⏭0.80/ 0.94⬆HI TRADERS ✌The possible scenario of MANAUSDT is specified.As you can see, the price faced buying pressure from the range of 0.29 and was able to grow by 170% until the supply area of 0.80. Currently, the price has been corrected by about 40% from the supply range and is trading in the range of 0.61.
The scenario that we can expect the price after slight fluctuation and VOLUME gathering by maintaining the range of 0.47 in the long term will grow again to the supply area of 0.80 and the FVG range of 0.94.considered the possibility of a new HIGH. . Then, by filling the gap, we will see the price correction.🔱
We have to see how the price will react to the 0.80/0.94 range.
Keep in mind that it is very important to maintain the range of 0.47.
❎ (DYOR)...⚠⚜
What do you think about this analysis? I will be glad to know your idea 🙂✌
IF you like my analysis please LIKE and comment 🙏✌
MANAUSDT Long SetupMANA recently broke out of the daily descending trendline and the 4h minor trendline, as you can see on the chart, finding support at 0.29, it is trading above the SMA 200 and in my opinion it is a great entry at these levels, with a great risk reward. Thecloser you can buy near support, the better.
We are in a clear Uptrend now.
MANAUSDT Daily: 25/03/2023: Bull or what?
It's a good probability of growth from here or after testing the lower time frame demand zone.
You can see the liquidity pool above 0.6787 and the supply zone that can define as a target.
💡Wait for the update!
🗓️25/03/2023
🔎 DYOR
💌It is my honor to share your comments with me💌
Having Fun Speculating with ManaDrinking Kombucha on a Friday night playing with the Mana chart Elliot Wave Count. Mana looking bullish. The TP - Take Profit ideas are prices to watch for spot trading and hodlers to sell and then buy back in on the dip at the BB CBO - Buy Back Cheeky Buy Order - These are the price levels to watch for potential bounces. Of course we may not hit these targets, they may extend or fall short. I'm just playing with speculation to entertain myself becuase i've had too much caffine! What are your thoughts?
Let's see how this plays out.
MANAUSDT bounce off trend lineHi all. The market is now apparently on pause after consumption growth and is in a significant degree of uncertainty. But the mood is all the same, where it seems, more positive and there are still more coins to grow. MANAUSDT is having another test of the trend line with the opening of a hike to 0.6731. Stop I would bet 0.5897
MANA going down?Hi Guys,
In this Analysis, MANA is making a bearish head and shoulder pattern on 1D tf.
As you can see in chart that the VOLUME is also getting low.
So most likely, if it breaks the support and retest then a short entry can be considered.
If you like the idea then don't forget to hit the like button and follow for more easy trading setups.
Post your comments below.
Thanks
Short MANA vs USDMANA looks to be distributing in a Range for almost 2 months now.
It's currently sitting at Range Lows and this is the 3rd test of those lows.
If this level turns to resistance it will break the LTF Market Structure and the price is going much lower.
After distribution comes expansion. This will be the meat of the move.
I will jump in when I see a confirmed breakdown from this range on HTF since this is support for now.
Good luck.
Follow, like the idea and feel free to leave a comment if you like it.
Check out other ideas if you like this one.
MANA - Perfect Elliott Wave Impulse!MANAUSD looks like a picture perfect impulse. We can see clear impulses and clear corrections. We can see that we've completed the 4th wave and now we're in the 5th wave.
We are expecting 5 subwaves for the 5th wave and we can see that we're in subwave 2 now. The lower subwave 2 goes, the better (as long as we stay above blue structure)/
Trade Idea:
- Watch for the current correction to break out
- invalidation level is below 0.27
- Targets: 5, 6.4, taper rest as we move higher
Goodluck and as always, trade safe!
MANAUSDT: Strong Support Area, Will It Rebound to 0.7616 Again?Price Action Analysis on Mana Decentraland Cryptocurrency
1. Rebound on the multiple rejection area
2. Created Falling Wedge and Descending Broadening Wedge
3. A breakout of the pattern is a sign of possible bullish bias ahead
4. The MACD Indicator made a golden cross, signifying a possible upside movement to the target area.
All other explanations are presented on the chart.
The roadmap will be invalid after reaching the target/ support area.
"Disclaimer: The outlook is only for educational purposes, not a recommendation to put a long or short position on the MANAUSDT"
*Support the channel by smashing the like button and follow for more content!"