mana to return to channel - no breakoutmana to return to channel - no breakout. this is due to the relationship of the previous highs.
MANAUSD.P trade ideas
When to buy MANA ? 200% Potential.looking at the daily chart mana stays above 50 EMA and in the over sold RSI territory. It is little early to buy mana at this point where it hit its ATH and is due to establishing a key support. In my opinion the best entry for mana is around $1.65 which corresponds with the 50 EMA on daily chart. Long term price target based on Fib retracement at 1.68 will put us at 200% gain. This fib level is also supported by the bull flag measured move and also by the ascending channel pattern. I think Mana will have a short term correction so keep an eye at $3.15 and $3 for support.
MANA pullback completed - next up $4.84After the breakout MANA has traded as high as $3,80 where it also bounced on the 0.382 fibonacci. A retracment followed but has been stopped by the key support level of $3.10 (green bar in the chart)
So far it looks like the support is doing a good job keeping the price above it. I have taken my position at $3.23 and will be targeting $4.84 on the 0.618 fibonacci level.
As always: this is not financial advice
$MANA KINGS CROWN BREAKOUTPair has done a 2200% to the upside, still indicating more impulsive move to the upside on H2 with a kings crown pattern.
Buy zone 61.8 Fib Level.
The volotility game is awesome with this new mana price!!!Very profitable day trade while its above 3$ and moving fast!
MANA! TP reachedWe getting some great % gains! Hope you take some!
Feel free to keep holding or sell and buy on the dip.
Compound Gains makes a Difference. SHIB it might go as well don’t miss the set up.
If YOU NOT a hater and support others like this post! It does MAKES A DIFFERENCE
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What will be the next move of MANA after it breaks the pattern ?MANA In 4H time frame appears with a Descending triangle pattern, with it's resistance as above trendline and the support zone
* Descending triangle is considered to be either trend continuation or trend reversal pattern depend on the pattern breakout.
* Price above the resistance is bullish .
MANAUSD: Heading to the next ATH?Indicator use: R/S Line Test, TTM Squeeze, Volume, Price Action, 10 + 20 EMA
Platform: Coinbase Pro
Time Frame Used: 4h
Entry: $2.92 LONG
Exit: Scale out 50% of position to take back principal + profits as it hits 100%
Stop: 15% Stop Loss Set
MANA cleared the previous resistance at around $2.95 price level, keep in mind the Volume is still low so this could be a fake breakout as it is retesting the resistance again to clear the ceiling. The market is bullish as MANA gives exposure the Metaverse. As you can see the 10 EMA made its cross over the 21 EMA to the upside. I'm watching for continuation as this coin is showing relative strength while the rest of the market is experiencing a healthy pull back. If it clears then we may see a new ATH as it appears this is an accumulation phase still.
My strategy is to always scale out and take profits to expand my portfolio and go in cash to enter on the next dip.
Mana long#MANA is showing bullish strength after almost two weeks of retracement. Descending trendline and the resistance level were broken. Bullish movement to ATH at 4,95 is possible.
MANA Reaccumulation Shaping Up NicelyMANA is still consolidating, but things should be wrapping up soon to make way for new advancements. Monitoring this one closely.
*Full-time Wyckoffian VSA cryptocurrency investor and swing trader since 2017. I regularly seek out the most lucrative swings on all major crypto exchanges.
All my charts are clean, straightforward, and easy to follow. No junk, no needless indicators, just solid volume spread analysis ( VSA ) and simple Fibonacci target zones.
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I review hundreds of coins & tokens daily and handpick all the runners myself (no bot signals). Good luck and safe trading to all.
** Not financial advice. Trade at your own risk.
Flag Breakout ImminentMassive move w/ Metaverse coins taking off following Facebook news. Flag consolidation w/ volume drying up (selling pressure subsiding) and hidden bullish RSI divergence.
Additionally, RBLX, a metaverse stock, +34% to hit ATHs today which gives the Metaverse continued momentum. CEO is on CNBC tonight.
Think the animal spirits reawaken soon and we breakout to retest the ATHs
MANA Ready for another run?MANA has a breakout from a bull flag consolidation.
Target is $5.40
Good Luck
Mana - A Bat for Decentraland After a falling wedge price took off to the upside. Watching the formation of a pennant.
MANA... almost ready for some major moves.This token is an example of what is useful in the crypto space. Most others apart from ethereum and ada are a waste of time.
Retest of the higher 4usd might be in the works.
Not trading advise but purely for fun:)
Buy MANA at 2.0?I've been interested in MANA for a while. It had a recent pop from the metaverse news and is settling back down. It looks like 2.0 may be a good price point for buying in since it seems to be in a falling pennant, but I think it will do well in the long run.
MANA is going to the moon...MANA is looking Hella fresh right now.
I would not be surprised if we hit a new ATH by beginning of next week.
pack your bags right now before it's too late!
MANA! Set up META! This about to be epic. Making virtual land the only way to buy is THROUGH MANA!. Awesome!
It will be like MRNA in Covid Times $$$$$$$$$
Well let’s see if this goes lower.
I am working on other set up. Subscribe to make sure you don’t miss it.
This one Falls In our research on swing set ups with a good ratio of Risk and Reward.
As always we put quality over quantity, don’t forget to follow us for SWING trades research on risk and Reward Ratio.
Subscribe and don’t miss OUT the next research.
Swing trading is great because you can create a lot wealth in % by risking less $$. Compound Gains.
Thank you for the Love, I really appreciate those likes, makes a difference and pushes me to keep on posting more of these!
3.45-4.8 IF but more retracement firstExpecting a move upward to 3.45 again, and even a move all the way up to 4.8 again on strong staying demand, but a break upside 3. on maintained signs of strength would need to be made as a sign that it is in fact moving to upward zones. As for what I expect before it, IS A TESTING OF LOWER ZONES AGAIN AROUND 2.30-2.60, and weakening supply signs there would be good to initiate buy entries.
Unless it breaks under 2.30 on heavy supply, I do no consider any further long term drop for now.
Interesting regarding the reactions, as it is visible on the 4 hours.
Daily
As for the last 3 days particularly
Weekly
Monthly
MANA broke out triangle#MANAUSD
#Decentraland
$MANA broke out from upper line of triangle and still is above ascending support. price can head up toward $3.765 that is the first target of broken triangle pattern. and it is possible #MANA reach $6.72 in long term.
but if price break down from ascending support it will drop more to trend line
that is parallel to ascending support and even $1.5.
Up to date (it was quick!!)Up to date of Mana . It moved faster than we expected and is going up...
This is not financial advice
MANA - My Trading Plan in 3 mins!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Here is the top-down analysis for MANA, feel free to request any pair/instrument or ask any questions in the comment section below.
Best of luck!
