Mana
MANABTC - Longterm IdeaI do see a possibility of a short (daily) run upwards. But this will not be the big rally. It's more a final top out and then we will go into a long consolidation phase to reach Wave 4 target zone.
But there is definitely a good chance to have afterwards in 2025 (not exactly) a huge big rally coming in for Mana again.
The big new bull market in around 2025 depends a lot when we go into a general crypto bull run again. Therefore also the weekly chart from BTC will help me to understand better the market cycles.
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.
Mana trying to flip the inv h&s neckline to supportIf it can succeed in flipping the neckline of this inverse head and shoulder pattern to solidified support, then the breakout target of the pattern should be around 1.28-1.30. It hasn’t validated its breakout yet though so if bitcoin takes a tumble, it could take mana down with it before it gets a chance to validate this pattern. Will likely see it decide which way it will go in the next 2-4 days. *not financial advice*
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:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions
Mana - Midterm view📉Reasons to take short:
⭐️ Formation is 2 months old
⭐️ Formation is clean
⭐️ We are in the end of formation
⭐️ Slowly squeezing local level
⭐️ 4th touch
⭐️ 50 ATR
⭐️ Under VWAP
Will enter when price squeezes to the trendline on 5m timeframe, the base will form and the tape will get faster.
If you don't understand the previous sentence, just use swing stop-loss 3-5%
Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
What's left, hold to the maximum
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
MANA (decentraland) printed PI CYCLE TOP : BEARISH scenarioMarket is highly uncertain right now but MANA printed PI CYCLE TOP which is a super BEARISH signal.
DMA24 is at 2.8802 and DMA50 is at 2.8945; and both these lies b/w DECISIVE candle body.
SO, ZONE to watch right now is from $2.9800 to $2.7531.
BREAK below $2.7531 lead to massive BEARISH crash which may broke $1.705 and wick can reach upto $1.1067.
MANA is a long term project but right now has to maintain above $2.98 for BULL world.
www.tradingview.com
TRADE LESS,TRADE SMART.
INDICATORS used in analysis are made by TOP LEGENDS of TRADINGVIEW.
MANA/USDTesting/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice.
RR: 19.7
Possible upside: 1200%
Possible downside: 61%
Timeframe is on the weekly.
Elliot wave cannot predict time so do not try to use the timeline shown here for your trades.
What Elliot wave can do is help predict tops and bottoms (no one can predict these 2 accurately)
With the predictions it's supposed to help you use it as a method to plan your entry/exit your positions.
MANA/USDT : Moving into two channels BINANCE:MANAUSDT
Hello everyone 😃
Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it!
$MANA is moving into double ascending channels and so, the lower trendline should be acting strong enough.
In terms of this, I'll be managing to locate my Longs in two separate strategies.
- Taking partial Long based on active stop-loss at $0.88 with a stop-loss at $0.83 as 4H close below.
- Taking Long based on invalidation when it gets the hold above the marked red zone.
So it's your choice, You know your risks better...
Hope you enjoyed the content I created, You can support us with your likes and comments!
Attention: this isn't financial advice we are just trying to help people with their vision.
Have a good day!
@Helical_Trades
📈AXS: +50% after the last prediction! What is next?AXS made +50% in a 6 days. Congrats to traders who follow the scenario from previous idea about this alt!
📊After reaching and breakout the first target price return below the key level and start to squeeze there. Now we have expect the breakout of the trendline and if BTC start to grow the price easilly reach our second target. It`s the value area of $19.5-22.4.
The value area will become the huge resistance for 1-2 weeks when the price reach the target. A lot of traders who bought AXS in this area will sell the tockens at the break even and price will make some pullbacks.
✅As i mention in previous idea Bloomberg said that the AXIE almost the SCAM and don`t pay for the players. It was bullish signal because a lot of AXIE hodlers sold their tokens to someone who more patient (big players) on this news. And after this the price made +50% after the breakout which is also mentioned in previous idea.
It`s not something difficult, you just need to understand the traders psychology to be more succesfull. Everyone can get it with the experience.
🏁Also check the links below to get more info about crypto trading for the beginner and advanced traders.
💻Friends, press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
Manausdt ; Long or what ?Mana has Broken up it's falling channel , Mana also could break up the static resistance on 0.91$ and it's pullback has happened which we can also assume it as rest to 0.5 level of retracement Fibonacci.
I think after a tringle pattern Mana could reach to 1.33$ target. You can use my long Position setup with 2.75 R/R.
Just take care of the stop loss.
what do you think about Mana in 4H timeframe ?
If you have any questions please feel free to text me .
Which is the better trend line? MANAWhat do you think, which is the better trend line......
The line that accounts to the tip of the wicks, or the other which ultimately accounts for the body of the candles.
I do like the more shallow trend line, simply because that one for me would innately be less risky for longs.
MANA lost its steep upsloping trend line and then was retested. We go down now, but to where? That is the key question.