$MANA Technical Analysis & Price PredictionIn this video we breakdown the textbook movement of MANA on the 4h chart.
MANA found resistance at $4.30 today and is heading down trying to find support.
I give you my prediction as to where MANA will find support and how much longer it can keep this amazing bull run going.
TA
BTC 70K EOYAs we can see from zooming out on the 1D chart, there is currently a double bottom being tested. We can see support in the 55-56K zone, which has since flipped to a support level after being the breakout resistance level from weeks ago. A back-test on this level makes sense to accumulate further and solidify the confirmation of a true higher low. The neckline resistance is sitting at 60.8K as the 61K key level may act as confirmation for continuation above. If this double bottom does not pan out we could very well see a return to the current 1D trend. In terms of the outlook of 2-4 months out, I am bullish as long as we hold trend. Whether we launch from the double bottom or need the trend for guidance above, I believe $70K is a very conservative target for 1/1/2022. Realize short-term trading can be CHOPPED during this constrained price action. Confirmation is king.
XRD (Radix) symmetrical triangleAfter a moonshot, the price will take a breath before going higher (I think). This symmetrical triangle is most of the time a continuation of the previous price action, so It's more likely the price will go higher. On the 1D the RSI is still overbought so, wait for the breakout if you're not already taken your position on Radix
XAUUSD | GOLD | SHORTEntry Range: 1820.113 - 1825.154
Avg . 1823.875 (RRR: 2)
1st. Profit Target: 1810.585
Stop Loss: 1830.425
HOW TO ENTER MY TRADES
1. Ladder your entries.
You'll want to ladder place your orders exponentially within the Entry Range to the point your RRR is atleast 1.5 if fully filled.
2. Only first touches are valid.
If price is rebounding back into the entry zone after either the profit target or stop loss was hit the entry zone is no longer valid
NAS | Norwegian Air Shuttle | LongEntry Range: 10.374 - 9.902
Avg. Entry: 10.022 (RRR: 2)
1st. Profit Target: 11.270
Stop Loss: 9.404
HOW TO ENTER MY TRADES
1. Ladder your entries.
You'll want to ladder place your orders exponentially within the Entry Range to the point your RRR is atleast 1.5 if fully filled.
2. Only first touches are valid.
If price is rebounding back into the entry zone after either the profit target or stop loss was hit the entry zone is no longer valid
Wave next moveWave looks good and is it on its support you can long it with low leverage
trade at your own risk
sl=24.5
Tp=28$
LLOYDS BANK - BREAKOUT ^^^ BUYLLOYDS BANK - Finding momentum looking to move upwards in the coming weeks a great investment opportunity of a lifetime
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NYSE:LYG
LSE:LLOY
OTC:LLDTF
SIX:LLOY
Dogelon bounce or danger zone soonunfortunately dogelon has broken out of the upward trending channel I previously outlined. We will now look to consolidate before heading back into price discovery again. If Dogelon can bounce off this line at 1700 we will be heading in the right direction again. Lower than this level could bring a more bearish outlook.
Ascending Triangle on MATICWeekly AT baby LFG! Everything looking nice and bullish this could still go for another touch on the trend line down the bottom so be caustious of fake out. Long here, stop below wick! Good RR
USOIL SHORT SET-UPEntry Range: 83.28 - 84.17
Avg . Entry 83.95 (RRR: 2)
1st. Profit Target: 81.6
Stop Loss: 85.11
HOW TO ENTER MY TRADES
1. Ladder your entries.
You'll want to ladder place your orders exponentially within the Entry Range to the point your RRR is atleast 1.5 if fully filled.
2. Only first touches are valid.
If price is rebounding back into the entry zone after either the profit target or stop loss was hit the entry zone is no longer valid.
I've Seen This Pattern Before - THETAUSD Possible 20%+ Incoming!THETA is one coin i've constrantly trading due to the fact that it seems to have a mind of it's own and not follow the rest of the market when it wants to run.
We've been squeeze and seen a small pop here and the reaction around previous high will be telling of whether we continue up to this diagonal or consolidate before a more telling more.
UNICON on the daily giving us confirmation we're currently sitting about this major MA cluster, which will act as resistance should we head back down.
For me, i'll be watching this closely and averaging in on the back of this overall triangle formation which i've seen a million times (Take a look at my AAVEUSD trade)
22% possible trade.. i'll take that.