MANABTC trade ideas
Decentraland Can Easily Do 66% [MANABTC]Another money making gem within the cryptocurrency markets.
MANABTC generated great profits for as well back in June '18. Generating over 130% profits. You can see it here:
Now I believe that MANABTC will move again and can easily generate 66% or even more. Additional profits potential shared on the main chart above as well as target.
I also marked the demand/support zone, as well as the stop loss zone.
I'll be back here in a few days to update and post "Target reached"...
Thanks for reading again...
Namaste.
Decentraland (MANA) | 89% Potential Profit | FREE TRADING SIGNALPair: MANA/BTC
Exchange: Binance
Trade Duration: Medium
Risk: Moderate
Introduction
Decentraland is a virtual reality platform powered by the Ethereum blockchain. Users can create, experience, and monetize content and applications. Land in Decentraland is permanently owned by the community, giving them full control over their creations. Users claim ownership of virtual land on a blockchain-based ledger of parcels. Landowners control what content is published to their portion of land, which is identified by a set of cartesian coordinates (x,y). Contents can range from static 3D scenes to interactive systems such as games.
Technical Analysis
- Downtrend Flipped Support
- Broke Descending Triangle + Downtrend
- RSI Breakout Confluence
- Closed Above Important Level (0.00000995)
Our Entry Zone
0.00000995 - 0.00001055
Our Targets
1: 0.00001230
2: 0.00001480
3: 0.00001630
4: 0.00001880+
Our Stop Loss: 0.00000940
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And most importantly, enjoy your day!
Crypto Eye Team
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DISCLAIMER:
This analysis is not financial advice and the Crypto Eye are not financial advisors. We are sharing our opinion, nothing more.
Please do your due diligence. Trading cryptocurrencies is very high risk and you can lose your entire investment.
MANA/BTC IDEASFirst time poster. Take it with a grain of salt but been watching MANA for some time. Looking for volume to lift it over resistance at the 1000sats and into a new uptrend. As always bitcoin price movements may scare traders off and push it into another downward leg.
Feel free to comment at this point I am just trying to read and learn as much as possible.
$MANA The beginning of a BULLISH Trend reversal???$MANA Potentially the beggining of a trend reversal
I waited for an official close on the 12 Hour before publishing this chart.
12Hr
MANA has closed convincingly above the Kijin on the 12 Hour.
The Tenkan is starting to curl up, if we can get a TK Cross this would help with bullish sentiment.
The biggest hurdle will be 1039 which has acted as key Support/Resistance in the past several days and is the top of a Bearish Cloud. Flat clouds are typically harder to break.
3Hr
We are above the cloud for the first time since the 27th of Janurary.
MANA has all the bullish signals we need on this time frame
- Kumo break out (we may need to come down and retest, before we go higher)
- Bullish Kumo Twist
- Bullish TK Cross
- Lagging span above price and the cloud
- "Green Skies" ahead
968 would be a good place to see a bounce off of the cloud as support. This would be give bullish consencus.
ManaBtc Correction is over time to BuyHi guys,
Mana completed its correction and it may rise up at any time soon.
From our last post on Mana we talk about potential rise of the coin which did happen and now when the correction is over it will be a good trade to make.
Possible Entry and exit targets are clearly stated on the chart.
BLUE: POSSIBLE ENTRY ZONE
RED: Possible Support LEVEL
GREEN: SELL TARGETS
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Note:
It will be good to always understand risk involve in trading. Always trade with stop Loss in place.
Set up an entry/exit strategy for every trade, with good risk/reward ratio.
LongA harmonic pattern called cypher with profit targets of 38% and 61% of the distance between C an D became more likely with the current found support in BTC and divergences in RSI on the daily and MACD on the 4h chart. The MACD divergence is not super pretty as you can see on the picture below but I use it for a risk reduced entry at this point, since it is likely that a potential leg down would cause a stronger divergence which gives me a chance to exit a trade that went bad.
Sellers are drying up, accumulation phase now - 1050-1100 satsWrite in the comment what you expect from the current trend.
Bearish sign flags are outfueling while accumulation phase starts now.
Very low risk trade with high potential.
I can expect an uptrending accumulation phase now with possible a very likely long trend up.
Tell me what your thoughts are.
Thank you
KISS MANABTC KISS - KEEP IT SIMPLE, STUPID.
I've been looking back over a few coins recently, ones that I've played around with before mainly. MANABTC is looking good to me. It seems to have formed a head and shoulder pattern and has bounced quite nicely off my 0.00000970 support and has successfully broken the 0.236 fib level. I've always found this coin to do quite nicely bouncing of the 970 support so I'm live from 0.000001107 to who knows at this point I'm just playing with it. Let's see how we do.