MANAUSDT ! Retest resistance. Ascending channel. What's next?🤔MANAUSDT forms a breakout of the trading range after repeatedly testing the upper boundary at 0.9358.
On the chart, I have marked the price movement as from 0.7550, the price forms an upward price channel and is momentarily testing the resistance at 1.0475.
I assume as the price comes back to retest this level, there is a good chance that the price could break it. The local trend is uptrending and the trend change was confirmed earlier. Key targets: the short-term target is the resistance at 1.1615, the medium-term target is the resistance at 1.3447
Regards R.Linda!
MANAUSDT_0BF6D9 trade ideas
MANA Breakout of Inverse Head and Shoulders to 1.33 Area?MANA has been building market structure during the consolidation over the last 2 months and looks ready to breakout with the Stochastics reset on the 8h timeframe. A number of coins have had these breakouts but MANA finally looks ready for potential 36% swing on this trade. Not financial advice, DYOR.
MANA about to fall down!MANA/USDT Looks like a doing an ascending channel to continue pushing to the downside. And if it breaks out that ascending channel with strong impulse movement, it will do the correction movement. After that correction movement, if it breaks out, it will continue falling down to the next impulse movement.
MANAUSDT Short Term Price ForecastLooking at the Rounding Bottom Pattern smoothly drawn in the Price Action of MANAUSDT in the 4h TF, we are likely goin to see a Rally Upward (Considered that BTC Play the Bullish Scenario).
In an other angle looking at the Visible Range Volume Profile Indicator (VRVP) We can notice the concentrated POC (Point of Control) Stressing out to the Major Lower Ascending Resistance Line.
We Watch Out For The Two Directions and Get in After we Confirm one of them.
MANAUSDT | BREAKOUTMANAUSDT for a long time was trading below the falling resistance. The price has honored the horizontal support many times. Now the price has broken above the falling resistance. One can enter long in this trade While stop loss should be on 0.95.If price break below the trendline the break out will be turned into a fake out.
Manage your levels accordingly.
DECENTRALAND (MANAUSDT) close to the round number ✔️Hello 🐋
Based on the chart, the price is close to the major support (bottom) or better to say the previous zone that started its amazing pump to the upside and the round number $1 resistance that many times stop the price from more gain ✔️
if
the price breaks the round number to the upside, we will see more gain beside the range market is an acceptable scenario too 📖💡🚀
and
if the price breaks the range area to the upside, we will see more gain 🚀
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
Short Manafirst of all, if you enjoy what you see I'd appreciate it if you hit the like button. I found this Elliott EOW2 ( End of wave 2 ) setup again. the correction part is arguable but the motive wave has been strong and the price is in the fib time zone of the motive wave. so I expect another down move. EZ.
✅TS ❕ MANAUSD: formed a peak✅✅MANA formed a peak and fell heavily. The price continues to fall and we can expect further decline.✅
🚀 SELL scenario: short to 0.765.🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
DecentralandMANA/USDT we are watching on this coin we have Order Blok on 1h TF chart which i make one Sell LIMIT on this coin for swing trade into our Demand Zone
Disclamer:
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