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MANABTC trade ideas

MANA A breakthrough of the 50% accumulation channel occurs. There is a breakthrough of the accumulation channel. It is important that the price fixes above the channel resistance. If this happens, it will mean that the side trend is changing to an uptrend. ENTRANCE + Stop Loss Entrance now or on a rollback after a breakthrough of the channel resistance Stop Loss under the channel resistance line. TARGET. The first target to the first resistance is + 50%. Next, how will the price of resistance react. All levels on the chart. If after a breakthrough the price rolls back and consolidates below the resistance of the channel , thereby forming a false breakdown - trading in the accumulation channel. Wait for a new good entry point: 1) from the bottom of the channel after confirmation of support. 2) the entrance to a new breakthrough of channel resistance.
by SpartaBTC
Decentraland Tries Again | Chart Fully MappedMANABTC challenged Decembers 2019 high yesterday... Today's candle is leaning towards the bulls... Let's see what we have here. Looking at Decentraland (MANABTC), we have some mixed signals but the bulls are surely in control. For the last bullish wave, prices retraced all the way to 0.618 Fib. retracement support, notice that this is higher than 0.786 that we are usually seeing, circled in purple on this chart. A shorter retrace is a positive/green signal. MA200 was conquered and tested as support and the RSI is very strong. A 35%+ move is easy on this setup if 0.00000517 is broken. I am bullish on this pair overall. Thanks a lot for reading. Namaste.
by MasterAnanda
MANA | Swing longMana looks very strong in 2020 and going to play it as a swing play. - Recent breakout has been successfully re-tested and price should hit 600 sats in Q1 2020. - Price also crossing 100, 200 DMAs for the first time since the long downtrend. As you can see, the price has been consolidating from August - December 2018. Right now there should be a distribution so I have outlined three main levels where the price should reach (3rd is less possible). - Remember one thing, all alts can look promising but once Bitcoin will get bigger pump +8-15% then altcoins will start immediately bleeding. So always protect your capital and put your stop into safe zone as soon as possible.
by UnknownUnicorn6034472
MANABTC Technical AnalysisMANA Looking good Now For Long Entry. Bullish Looking and now bounce back from Support level. strong support at 370 Satoshi. if we break this support then we can see 313 satoshi in short term. But we overall bullish at this time. Exit when support break 370 Satoshi. Buy above Support area. Targets: Target 500 Satoshi. And also keep an eye on btc dominance. If btc dominance will increase then we can see some down price of MANA and we can buy under 380 Satoshi. Like follow and Share guys.
Long
by CryptoPatel
MANA/BTC Local uptrend The price is above the horizontal channelMANA / BTC Local uptrend. The price is above the horizontal channel of accumulation. Mana, after breaking through the resistance of the accumulation channel, the price rolled back and is now near the important zone. At the moment, the price is in a local uptrend. Perhaps the price will continue to move in the local upward channel. Keep a close eye on the local trend line (red line). If the price breaks this uptrend line and consolidates below it, there is a high probability that they will return back to the horizontal accumulation channel. Former trading idea. MANA A breakthrough of the 50% accumulation channel occurs. Pivot points. ENTRANCE Input options from support for a horizontal channel or from a line of a local uptrend. But on condition that they are confirmed. Stop loss Under key levels during your entry. Stop Loss under the support line in the area of 0.00000400 channel. Or under an upward local trend line if the entry is higher. TARGET. The first target to the first resistance is + 50%. Further, how the price of resistance will react. All levels on the chart. If the price consolidates below the support of the channel and below the local uptrend (breaks it) , then it is more likely that the price will return back to the horizontal channel of accumulation. With this development, wait for a new good entry point: 1) from the bottom of the channel after confirmation of support. 2) the entrance to a new breakthrough of channel resistance.
by SpartaBTC
MANA/BTC TA Update (New Uptrend Started?)MANA/BTC MANA bounces off right at the 200 Day MA and currently, the price is skyrocketing new High. The RSI level is about to enter the overbought condition. We may see some pullback retest of old resistance turning into new support at around 410 sats area. Initial target resistance is between 500 - 580 sats regions in case of an over-shot pump. For me, I would love to see another healthy pullback to establish stronger support during its growth in the future.
Long
by PolarHusk
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