MANAUSDC trade ideas
another break up? lets wait and see!what we want to see is a close above the red line and then on the second candle, we want to see it also close above the red line. what would be even better is if the second candle tests the red line and uses it as support, closing above or on it. A close below the red line on this 6h candle or the next 6h candle would cancel this trade idea (until it closes back above the line again).
Mana setting up for a nice breakMana had a nice rally up and made a retracement on .618 fibbs on 17 march. Since then its forming this breakout pattern. RSI is showing lower lows but price action is making higher lows which suggests a breakout. I have set up alarm on both trendlines to trade the break either way, which always present a good RR set up. I have medium confidence in Breakout due to dipping volume.
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Next leg up is ready, 2.15 Maybe?It looks like we will be getting out of the last short term channel within the next hour, after that there are a few bumps to overcome before ATH, but since it is a hype coin right no I see it easily running past those until it hits the main hurdle which was the last ATH 1.25 on coinbase.
I have Mana's next move after it breaks the 1.25c all the way up between 95c and 2.50 the 2.50 comes from a comparison of the trend line and the Kraken ATH on which had a candle at 2.5 oh la laaaa!
I am banking on 2.15 short term before some more retracement.
I plan on increasing my holding at 1.08 and another round at 1.26
Trade smart buy dips, this is a big runner.
Not an advisor just a normal person that sees the future looking like "ready player one" yea that is literally what this is trying to do!
MANA/USDC, MORE LONGSHELLO ALL,
MANA token who has seen a 126.34% growth in a month according to coinbase and is looking to breathe. I did not get on this token earlier but I will in the very near future. In the chart, I point out areas of interest for me based on FIB retracement and Overbought RSI both on 4hr and Daily.
I am currently invested in several other coins and tokens and will like the opportunity to ride on this one. I am hoping for the retrace and price action to jump in to action.
I am not a financial advisor, my charts and information are purely from my opinion and point of view, good luck to everyone!
MANAUSDT 4hr ://is it that timeMANA and ENJ with mana anything under or in the .08 is all good here.
This is a smaller percentage HODL with a lot of upside. SEE ENJ
Good tokenomics with NFTs_scarcity becomes a natural byproduct of concept and utility.
_We are true long on only a few projects this being one of them. Other HODLs for our team
ALGO
CEL
ADA .14 to .15 is ok, enter under .14 best but might not see that again for a bit if ever at all
_n a lesser extent
YFI rite now love at less than 26k
AAVE idk yet need to confer with other two reasources_team but looking like no resistance once break 100 ish
_even lesser
MANA under .08 ideal
ENJ under .14 even low .14 to hi .13s if possible
VGX anything in .15 is good rite now
VET, maybe... drop back and watch it re accumulated and go from there in a week or so with other profits but yes we think she won't break break .17 level for at least one month
_Short term in but probably cut loose soon after hype starts to die down is
XRP if gets anywhere near 1.00 sell it then wait n see. we think like .70s in short term then either dies off or runs again after fork to around 1.00 or fake pumps and dies rite after fork. WE are split here.
XLM which out of the 2 I would rather HODL_BUT that old broad XRP aint playn, even if she is the old whore in a room with a lot sexier and younger talent. Something will need to change for XRP to be a true HODL for us. The tokenomics_and how much xrp etc Ripple labs own and how they "raise capital" by selling it on the open market (and not at the best of times), in effect inflating the "currency" on multiple levels. No matter how big or great a project is it is hard to get truly behind that type of reverse hustle business model. _THis reeks of shareholders and bigger less crypto enlightened financial "bosses" with agendas that have nothing to do with progressing and building in a healthy, sustainable_scalable way that it takes for a successful project to be be built_grown in this new shifting_evolving ecosystem. Look to take profits around.20 or less. We could continue to see dips into .13s and even hi .12s Solid bounce on 200 day smma ema etc on larger time frames but way to much hype which could be good or at this point maybe freak people out... we will see very interesting. Look at swipe and CRO which is temp fucked and anything with a credit card or prepaid card that u can withdraw fiat from your crypto on platform. This is i think going to be more relevant as mass adoption comes more the focus and smaller countries equations want to get their cash out and in because of whatever the fucked reason
On the other side of this is YFI. ONLY 30k and no real utility. RULE of scarcity, hustle and hype rule here. YET look at what this team has done in under one year really. THis mad scientist dark wizard group is truly pushing the limits of DEFI. THis does ply a bigger and bigger role of the token value. BUT this was not so much the case when they started and it boomed to 44k It was DEFI hype season so many that 44 was a bit much but all in all not to be ignored.
TAKE PRofits_BUy tHE diPS
_HGM