MANTAUSDT
MANTA/USDT A Turnaround in the Making? 🚀 MANTA BOOM💎 Paradisers, an intriguing trading scenario is unfolding with #MANTAUSDT, as it currently exhibits a downward trend, yet the stage is set for a potential bullish reversal from the demand zone.
💎 Observing #MANTA recent descent, a 25% fall from its peak has been noted. Now, as it nears the demand zone at $2.75312, we're eyeing a possible shift towards an upward trajectory, aligning with a high-probability FVG (Fair Value Gap) setup.
💎 Here's where it gets exciting: should the price dip below $2.90246, be ready to seize a 5.87% profit opportunity before OMXHEX:MANTA hits our anticipated demand zone. Maintain vigilance, as a further drop below the demand level of $2.73168 calls for a strategic reassessment of your trading plan.
MANTA Hit my zone of interestMANTA is moving exactly in my zone of interest, that is a good support zone on ourly timeframe. I expect the price to start pumping from there, that's why i have a tight invalidation. BTC will lead the move, so if BTC decide to drop more, setup will probably be invalidated. Target liquidty zone on M15 timeframe
MANTA Missed tpWe missed the take profit for few cents on MANTA, but setup was good and entry pretty perfect. I think we could see another pump on MANTA, the moment is good, and the target is still possible. But i decided to no risk more and i personally close 50% here keeping the rest at break even
#MANTAThis currency does not have much data, but according to the type of movement behavior, this movement can be checked in the form of wave c or 3, which will have the ability to reach the targets specified in the chart. Therefore, with the loss limit below the doji candle, you can enter into a buy transaction to continue the upward path of this currency. Note that this currency does not have a lot of data, so it can have a high risk.
buy in bull-trend📊Analysis by AhmadArz:
We are one movement , we wait for 50% correction for keep movement.
🔍Entry: 2.423
🛑Stop Loss: 2.379
🎯Take Profit: 2.469 - 2.53 - 2.576
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MANTA SetupI want to see MANTA to retrace till the support zone i drawed (green box). This support need to hold in order to expect a possible bounce. A small squeeze could happen considering the actual volatility, that's why we could see a fast drop till 2.05 before caming back in the box, and only here i would consider to enter long
MANTA NEW INCREASE VOLUMEThank you for reading this update.
Depending on our study we see that MANTA has a good chance of volume increase.
This updates depending on day trade, And the market should confirm with time the right market way.
We did follow before more coins, and these coin seems to have an increase of break in the coming time.
#Nottradingadvice
#For Day traders take always profits when the market increase
#Expect nothing from the markets, but follow what it shows.
NEW: Manta NetworkAbout Manta Network
Manta Network is the modular ecosystem for web3. Users can build and deploy any Solidity-based decentralized applications on Manta and leverage its technology stack to deliver faster transaction speeds than an L1 and lower gas cost than an L2.
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and are therefore are unqualified to give investment recommendations.
Always do your own research and consult with a licensed investment professional before investing.
This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.