MANUSDT trade ideas
AI Project Ready to ExplodeMatrix AI (MAN) has completed the Cup formation on the daily logarithmic chart, with USDT as the trading pair, and has successfully retested.
It is also scheduled to be listed on the Biconomy exchange on April 2, 2024.
MAN has the advantage of not yet being listed on major exchanges such as Binance, Coinbase, and Okex.
MAN is a real and experienced artificial intelligence project with a relatively low price considering its circulating supply.
Therefore, it is still not too late to invest in this project.
Matrix AI Possible 300X+A very interesting chart. One of the first projects to integrate AI into blockchain architecture so that it is self-learning - possibly the first project. They have been building for seven years and the chart suggests a token accumulation since this time. Current breakout target is $20 but the resistance trend line is quite steep so we may actually just be in wave 3 of 5, with an unknown target but probably in the region of $1 (given by the orange dotted trendline, which would be a symmetrical triangle)...
#MAN/USDT Technical Analysis Chart Update for Scalping#MAN/USDT Technical Analysis
MAN/USDT is currently trading at $0.0462 and the scalping chart suggests a potential profit of 7% to 37%. Based on this analysis, it is recommended to enter the market only if the price hits $0.047032. After entering the market, it is advisable to set a stop-loss order at $0.044 to limit potential losses in case the market moves against the trade.
The recommended price targets are $0.050, $0.0539, $0.0578, and $0.064 with a timeframe of 5-15 days. However, it is important to note that these targets are based on technical analysis and market conditions can change quickly, so it is important to constantly monitor the market and adjust the strategy accordingly.
Additionally, it is recommended to ignore volatile wick movements as they may not represent the overall market trend. Always practice proper risk management and only invest what you can afford to lose.
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The potential of Matrix AI network based on technical analysisThis chart looks amazing based on technical analysis. A downtrend for almost 5 years with a downsloping dynamic resistance. In the right market conditions MAN could absolutly skyrocket once it succesfully breaks the triangle pattern and clears some major resistances including the ATH. Target of the triangle might be optimistic but in crypto a lot is possible. This coin has a max supply of 1 billion, so a Fully Diluted Market Cap would simply be Price x 1 billion. A lot of potential to grow for MAN based on marketcap.
Chart looks relativily good, Future of Artificial Intelligence? , Currently has low market cap, ability to stake the coin
This coin certainly has my attention. However, still a risky investment. Might be one for the longer term
is Matrix AI setting up a major move?Matrix AI network is an crypto AI project that has a clear downtrend line starting in 2018. We're currently back at that trendline forming a good pattern to go parabolic. If it continues to build up to the 0.07 level and succesfully breaks it, I believe we can see some massive gains. The hype about AI in general can be a contributing factor to such a move.
Note; This is quite a risky investment at the current time. BTC will be a major factor to include, but if BTC can have some gains and then maybe a standstill where it goes in a somewhat sideways price movement. I believe some altcoins can really benifit from that.
Matrix A.I nice trend formingsticking with the narrative this is one of the bigger players in the space it looks like it needs a retrace and iut looks like the trendline is 30% down could be a nice short. I am playing it safe watching as each project has its own ways of moving beyond normal TA and im new to this one.
MATRIX AI: IS THIS SLEEPING GIANT OF Artificial IntelligenceThose who follow us know that we have a huge interest in AI coins and with time we try to find the best possibility for machine learning coins AI.
We believe that AI can play a very important role in markets coming time.
Elon musk already did the first step with OPENAI
This coin can be a sleeping giant and is able to break out coming time.
We did scan these coins as possible that could do great trends.
We will follow it and see if it can give some confirmations coming time.
MATRIX 3.0 coming soon
MATRIX AI NETWORK : CYCLE SCAN TO UPTREND LEVELS $0,50 TARGETWe expect depending on the study that this coin is able to do $0,50 coming time.
This coin shows a very important cross-pattern trend that shows the same time a new cycle.
First important short-term target is $0,05
$0,50 are able when the hype starts on this coin, as it can take some time.
With the following of the DCA study, it shows this coin is able to build high levels, which could make this coin break out in the coming time to higher targets.
As long as this cycle trend is active on this coin, we can expect coming time positive view of it.
We expect with time the volume of this coin will increase as the new matrix 3.0 are on its way.
There are more reasons making this coin interesting, and I expect with time we will see this effect.
This coin shows a signal of an uptrend, and it can go slowly before it will breakout with volume.
We expect depending on last trends and views of markets that AI coins will become very important, and one of the coins that will take over is MATRIX AI network as the team building on a very important machine learning trend.
Elon musk did launch last the OPENAI, that's an example of how smart a machine can work, that its the ability to write total books and more, and can be used even with difficult views and questions.
The goal of this update is not a trade coin, but more a DCA view for the coming time.
We will see coming time if this coin will get the confirmations we expect.
Man/USDT accmulation phase!!!Man/USDT is in strong Demand zone.
We have 0.786 Fibbo retracement support.
It broke its trendline and it PB to the breakout. Good area to buy.
This looks like it forming a DBR.
It also has many Funda events (5 events on 31 Dec including Filecoin integration)
Entry: 0.4-0.43
Targets:
1) 0.5
2) 0.55
3) 0.6
4) 0.65
5) 0.7
Stop: Daily close below 0.38