MANABTC trade ideas
MANABTC - Analysis There are two scenarios that can be explained in this 15 min chart:
1 - MANABTC chart, in the last couple of days, showed a resistance to a MA200, as you see on the chart (Red Circles).
That can be a sign that the trend will continue going sideways or hypothetically it might bounce up.
2- On the other hand, MANABTC shows a TRIPLE TOP. Also, the stoch chart is not very promising; you can see the lower top and the bottom is almost flat. It might be a Huge Drop in the next few hours!
Despite the fact that BTC price can change the scenario, HODL is apparently may be the best option.
MANABTC a quick longThe play. Multiple areas giving us confluence. Looking bullish, a possibility for a few days. Take caution of a sell off at 2100.
Hold or get back in near 2000 for the last final at 2400.
Only my analysis and idea, not a recommendation to trade. Way up your own risks. Play it safe :)
MANABTC - Bullish Trend According to the chart, using Fibonacci trend and BB indicator, MANABTC is right on the parallel trend moving upward. BB indicator, also, is presenting a new potential bullish movement in the short-term.
For a mid term and long term, it probably stays bullish as it is. The only concern is low volume!
MANA looking to pop? 4 Hour chartHello hello! Took a quick gander at this one. I have a feeling way be seeing a false mini bear flag on the 30 minute. I'll be looking for a strong bounce off the noted .382 fib line for a possible breakout of the larger pennant. Potential for a 40-50% gain! Volume looks weak, but if you look at the 30, it's beginning to rise. I would like a little more confirmation from the MACD and volume first. Not entering quite yet.
ROOKIE trader; Follow at your own risk!
-Solid horizontal orange line: I bought at that price
-Dotted horizontal orange line: mock buy, not in the trade yet
-Solid horizontal pink line: Stop loss/sell implemented
-Dotted horizontal pink lines: Targets
$MANA - Decentrilized, Maybe?I have not had much luck with this coin. When i see an entry, it seems to fail on me, but I again give it a shot and im making a trade based on the following:
Price above the 10 Period Moving Average
Strong Heikin Ashi Candle and priors showing the start of a bull trend.
Stoch K line turning up. Most should wait for the K line and D line to cross but based on some lower time frames I feel this will happen.
%BB Turning positive, also moving up.
Volume is "ok" lower then the average though in the green, could be better.
I am aiming for 1897 SATS which is about a 6% gain though may change if there is a reversal. My Stop is around 1619, around a 5% loss. Semi risky trade as the volume is kind of low, though this could always spike in either direction.