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MANTA / TetherUS

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MANTAUSDT trade ideas

MANTA/USDT Facing on the resistance pattern. Breakout or reject?💎 MANTA has recently displayed notable market dynamics, currently encountering resistance within the confines of an ascending triangle pattern. 💎 Should the pattern experience a successful breakout, there is potential for significant upward movement, probability reaching our predefined target area. 💎 However, if MANTA fails to breach the resistance level of the pattern, it may face rejection, prompting a retreat back toward the support trendline of the ascending triangle. 💎 For MANTA to regain bullish momentum, a bounce from the support trendline is essential. Conversely, a breakdown below this support level could lead to further downward movement, with the next significant support zone being the demand area, or even lower.
by MyCryptoParadise_Nathan
2
MANTA Lights the Path: Get In on the Buy Action Today!"## Manta Coin (MANTA): Fundamentals, Recent News, and Disclaimer **Disclaimer:** I am not a financial advisor and this is not financial advice. Please do your own research before making any investment decisions. **Fundamentals:** * **Manta Network** is a privacy-focused blockchain platform that utilizes zero-knowledge proofs (ZKPs) to offer private transactions and smart contracts. * **MANTA** is the native token of the Manta Network. It is used for staking, governance, and paying transaction fees. * Manta Network is ranked #89 by market cap (as of February 12, 2024) with a total market capitalization of approximately $703 million. * The circulating supply of MANTA is 251 million tokens, with a max supply not yet determined. **Recent News:** * **January 28, 2024:** MANTA reached its all-time high of $3.83. * **February 9, 2024:** Manta Network announced a partnership with Chainlink to integrate Chainlink Price Feeds on their platform. * **February 10, 2024:** MANTA price dropped by approximately 4%, currently trading at around $2.80. **Overall:** * Manta Network is a relatively new project with a promising technology and use case. * The recent partnership with Chainlink could potentially bring more users and developers to the platform. * However, the cryptocurrency market is volatile and the price of MANTA could fluctuate significantly in the future. **Additional Resources:** * Manta Network website: (manta.network) * CoinMarketCap: (coinmarketcap.com) * CoinGecko: (www.coingecko.com) **Remember:** It is crucial to do your own research and understand the risks involved before investing in any cryptocurrency.
Long
by MoonTradingForecast
Manta Network(MANTA) is Ready to Correct at least ➖10%📈Today, I want to analyze a Token for you, which was one of the trending tokens of the cryptocurrency market in the last few days; the name of this project is Manta Network(MANTA) . 📚 What Is Manta Network(MANTA)❗️❓ Manta Network is the modular ecosystem for web3. Users can build and deploy any Solidity-based decentralized applications on Manta and leverage its technology stack to deliver faster transaction speeds than an L1 and lower gas costs than an L2. ✅ Manta Network(MANTA) reacted well to the 🟡 Potential Reversal Zone(PRZ) 🟡and started to decline. 💡In terms of Classical Technical Analysis , Manta Network(MANTA) managed to form a Rising Wedge Pattern . 🏃‍♂️Currently, Manta Network(MANTA) has broken the lower line of the Rising Wedge Pattern and is moving in a small ascending channel , which can act as a pullback . 🌊According to the theory of Elliott waves , it seems that the Manta Network(MANTA) has succeeded in completing five impulse waves , and we should expect corrective waves in the coming days. 🔔I expect Manta Network(MANTA) to fall at least to the 🟢 Support zone($3.365-$3.260) 🟢 after breaking the lower line of the ascending channel, and it is likely to experience further falls . ❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed. Manta Network Analyze (MANTAUSDT), 1-hour time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
15
📊#MANTA will rise based on double bottom structure📈🧠From a structural point of view, after the goal of the double top short structure is fully realized, a double bottom long structure is formed in the buying zone. If we can strongly break through the resistance zone and the previous high, then we will be able to successfully reach the TP zone. ➡️From a wave theory perspective, we appear to have completed Wave 4 and are looking forward to the formation of Wave 5. Let's see👀 🤜If you like my analysis, please like 💖and share it💬 💕 Follow me so you don't miss out on any signals and analyze 💯
Long
by wolf_king888