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MANTAUSDT

MANTA looks bearishFrom where we placed the red arrow on the chart, the MANTA correction has started. The pattern seems to be a diametric and we are now at the end of wave E. It is expected that the corrective phase of MANTA will continue. The two vertical lines on the chart are the approximate time of completion of wave E of the diametric Closing a daily candle above the invalidation level will violate the analysis 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
Short
by behdark
Trade Idea for Manta Network (MANTA) - Accumulation StrategyManta Network (MANTA) is currently trading around $2.00, making it a notable player in the privacy-focused blockchain space. Manta Network aims to provide privacy-preserving transactions using zk-SNARKs technology, ensuring users' data security and confidentiality on the blockchain. Start building a position at the current market price of around $1.70. This level offers a strategic entry point considering the project's potential and current market valuation. Plan to accumulate more MANTA tokens if the price drops to $1.60 and further to $1.40. This approach allows for averaging down the entry price and maximizing exposure during market dips. Set take-profit targets at $2.70, $3.45, and $3.90. These targets are chosen based on anticipated resistance levels and historical price movements, aiming to capture significant upside potential. Manta Network is focused on enhancing privacy for DeFi users by integrating advanced cryptographic techniques. Its unique approach to privacy in the decentralized finance sector positions it as a critical player as privacy concerns continue to rise in the blockchain space. The broader cryptocurrency market trends and increasing interest in privacy solutions can drive demand for MANTA tokens. Monitoring developments and partnerships within the Manta Network ecosystem will be essential to adjust the investment strategy accordingly. Accumulating MANTA at strategic price points leverages market volatility and the project’s promising fundamentals in the privacy space. The phased profit-taking strategy aims to optimize returns while balancing risk. This trade idea is based on the current market data and Manta Network’s strategic positioning as of May 2024. Cryptocurrency investments carry inherent risks, including the loss of principal. Investors should conduct their own research and consider their financial circumstances and risk appetite before engaging in cryptocurrency trading. This analysis is not financial advice.
Long
by icordkaz
1
When to buy MANTA safely ?The Manta price is now being openly "pumped up" by MM, so only MM knows where the maximum price will be. The maximum MANTAUSDT price could have already been, or perhaps it will be, for example, at $4.70 Personally, we don't trade on manipulative growth - we'd rather wait patiently for a deep correction, which will come sooner or later. For example, $1.50-1.70 for MANTA is a fair and reasonable price to buy, or not?) _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
18
MANTA target $30+12h time frame - MANTA had made a big box, ranging from $4 to $2, and took around 84 days. The quick dip from $2.5 to $1.5 help us confirm the time span it needs at least to build an accumulation zone, that will be similar to the left structure, which is 84 days. It means we will only see MANTA performs prior others since July if it makes a standard accumulation structure. Next, the target is very easy to estimate when you know how to refer to mc in bull market. Current mc of MANTA is around $445 million, and the total supply is $1 billion, the reasonable mc that MANTA, as a key of layer 2 sector, could reach is definitely over $30 billion, which would bring MANTA up to $30 or even higher if layer 2 got attention in future. - Bull target: $30+
Long
by EthanTW
ROSEUSDT OUTLOOK IN 1 HOURThe $0.088-$0.092 range is a very good entry area, but this price depends on Bitcoin Price Action (BTC). According to the chart that I have drawn, rose has made a breakout from the downtrend and retested to the support area, so it is possible that rose's movement is in accordance with the direction of the arrow on the chart Here are some factors to consider: 1. BTC price action: Keep an eye on BTC price action. If BTC starts to drop, then ROSE is likely to follow. 2. Volume: Look for increased volume on ROSE. This could indicate that buyers are entering the market. This is not Financial Advise!. It is important to do your own research before making any trading decisions.
Long
by mrskyzo
ROSEUSDT OUTLOOKThe $0.088-$0.092 range is a very good entry area, but this price depends on Bitcoin Price Action (BTC). If BTC drops to $59,500 before halving, there is a possibility that ROSEUSDT will reach the $0.063-$0.075 area. However, if BTC does not drop, then the $0.088-$0.92 price is a good entry point. Here are some factors to consider: 1. BTC price action: Keep an eye on BTC price action. If BTC starts to drop, then MANTA is likely to follow. 2. Volume: Look for increased volume on MANTA. This could indicate that buyers are entering the market. This is not Financial Advise!. It is important to do your own research before making any trading decisions.
Long
by mrskyzo
ROSE OUTLOOKThe $0.088-$0.092 range is a very good entry area, but this price depends on Bitcoin Price Action (BTC). If BTC drops to $59,500 before halving, there is a possibility that BINANCE:ROSEUSDT will reach the $0.063-$0.075 area. However, if BTC does not drop, then the $0.088-$0.92 price is a good entry point. Here are some factors to consider: 1. BTC price action: Keep an eye on BTC price action. If BTC starts to drop, then MANTA is likely to follow. 2. Volume: Look for increased volume on MANTA. This could indicate that buyers are entering the market. This is not Financial Advise!. It is important to do your own research before making any trading decisions.
Long
by mrskyzo
Manta/Usdt Plan MANTA/USDT currently shows strong potential for a breakout, particularly within the confines of a triangle pattern. Based on technical analysis, there is anticipation for an imminent breakout in the near future. It is advised to closely monitor the price action of MANTA/USDT to capitalize on a potentially lucrative opportunity should the breakout occur successfully. If the breakout materializes as predicted, market sentiment suggests a considerable 50-100% bullish movement could follow. Traders and investors are encouraged to stay vigilant and ready to act swiftly to take advantage of the expected price movement.
Long
by Crypto-By-Ghazi
MANTA Preparing for another Bull Run? MANTA Analysis💎Paradisers, let's take a closer look at #MANTAUSDT, where current trends indicate a viable opportunity for a bullish resurgence from its key support area. 💎Reviewing #MantaNetwork's latest market activities, we notice a significant 35% retreat from its recent high. Yet, the determination at the support level of $2.6 suggests an opening for an upward movement. 💎Despite the challenge of surpassing new highs or previous records, leading to a temporary bearish sentiment, the $2.6 level is crucial for #MANTA. This point is teetering on the edge of catalyzing a notable bullish wave with another evaluation. 💎As strategic traders, we're perpetually equipped with a Plan B. If #MANTA declines further from this support, we're aiming for a bullish revival starting from the next support at $2.19. It's essential to recognize, however, that falling below this marker could signal the start of more profound bearish trends. 💎Keep your strategies adaptable and your eyes on the market, Paradisers. Your ParadiseTeam is diligently observing, ready to guide you through these evolving market conditions.
Long
by MyCryptoParadise_Simon
3