MANABTC
$MANA, Crossing over ~360 sats (now support?), double bottom...$MANA
3D Buy signal printed on the UCTS indicator after almost a year of downtrend
Crossing over ~360 sats (now support?) level with a potential double bottom pattern
Volume slowly starting to rise.
Massive room to grow here with targets at ~500 / 600sats
Crossed EMA50
#MANA
MANA/BTC TA Update (New Uptrend Started?)MANA/BTC
MANA bounces off right at the 200 Day MA and currently, the price is skyrocketing new High. The RSI level is about to enter the overbought condition. We may see some pullback retest of old resistance turning into new support at around 410 sats area. Initial target resistance is between 500 - 580 sats regions in case of an over-shot pump. For me, I would love to see another healthy pullback to establish stronger support during its growth in the future.
Decentraland Jumps 41% After Hitting New All-Time LowDecentraland (MANABTC) is now printing some really strong bullish action and telling us that more is on the way.
Right now we have huge volume and EMA50 being challenged.
If MANABTC can conquer EMA50 on this first jump, it is very likely to go so much higher in the short-term.
Looking at the long-term chart, the weekly timeframe, we can notice the following signals for MANABTC
Inverted hammer candlestick at the bottom of a trend.
Increasing volume.
Challenging EMA10.
Bullish altcoins market.
Huge profits potential.
Here is the chart:
Thanks a lot for reading.
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Namaste.
Today`s ALT!!! MANABTCBINANCE:MANABTC
Exchange : Binance
Coin: MANABTC
Buy Zone: 0.0000035 ~ 0.0000034
Target Point: 0.00000365/ 0.0000038/ 0.00000395/ 0.0000041/ 0.0000042/ 0.000043
S/L: 0.0000033
Risk: HIGH
Term: Middle - Short
You should be careful in buying MANABTC because of Bitcoin
It`s trying to break Symmetrical Triangle
The Chart and RSI are similar
It`s time to be pumping !!!
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Today`s ALT is that information is raised regardless of the Coin market situation
So sometimes there`s a high risk trading
Investment is your responsibility.
I'm just providing about coin`s information
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MANA / BTC Formed figure Bowl (Saucer) First target + 110%Perhaps a Bowl figure will be formed (Saucer, Rounded Bottom). Target of the figure + 110% Price at historical minimum. 4 months in lateral movement. Price begins to rise slowly. It seems that we are at the beginning of the 3rd phase of the formation of the "Bowl" figure.
The first Sales Goals are the “Bowls” resistance level zone. 600-670 satosh.
Further on the situation, how the price will fix. Other target levels are the levels of the previous horizontal channel that existed for more than a year. 900, 1200, 1500, 1800 satosh.
Stop Loss - the level of support of the "Bowl". (red level) - about 300 satoshi
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I will describe this figure a bit:
The Saucer shape, or as it is often called the Chalice, the Rounded bottom is a long-term figure that predicts long-term growth that looks like a concave arc. The figure is found on large timeframes. In most cases, on weeks, but on instruments that quickly go through their cycle (cryptocurrency), they can occur on a daily timeframe.
The rounded bottom is quite rare, but very reliable bullish pattern. Typically, a pattern is formed at the end of a long-term “bearish trend” and usually gives a signal of a market reversal.
It should be noted that the ideal symmetry of the figure is not a prerequisite. The main thing is the presence of its key components: the descent of the price, the bottom, the rise in price and the breaking of resistance.
Ideally, the formation of the “Saucer” pattern usually occurs in a narrow price range, in a calm market with the least volatility, when a trend reversal occurs smoothly, without strong price spikes. If, however, price spikes occur, then very soon the price will return to its usual range. The figure signals the long-term nature of the formation of a trend movement. The longer the figure forms in time, the stronger the signal is considered. The most reliable are the figures formed on weekly charts for at least several months. The older the time frame, the more reliable the signal. The rounded bottom is a long-term figure, and can stretch on the chart for a long period.
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Stages of the formation of the figure.
The Saucer figure consists of the following steps:
1) The descent of the price is the first phase of the figure . Price decline trend with a gradual slowdown. In the classical case, it should be a smooth arc, but in practice its shape can be flat or contain, on the contrary, correction minima and maxima. The main condition in this case is the gradually decelerating pace of price reduction.
2) The bottom is the lowest point of prices . It is the geometric center of the figure. It should be located on a gentle bottom (smooth bottom, without peaks). Although sometimes such a formation as the "Thorn" down or closed squeezes comes across at the bottom. The main thing is that these local formations do not violate the overall picture of the figure and movement in the global. If the lower point of the price forms the so-called platform on the chart, then the trading volumes gradually decrease, and at the moment of the price jump up sharply increase. Another surge in prices may be a signal to buy if the maximum of current prices is higher than the previous maximum.
3) Ascent of the price - after the minimum follows the ascent, which should ideally be symmetrical to the descent, and should last as long as the first phase (the descent of the price). There is a tendency to increase prices with a gradual acceleration.
4) The intersection of the resistance formed by the upper boundary of the whole figure (passes through the maximum point of the figure at the beginning of the period of its formation) is an additional confirmation of the rounded bottom and the final phase of the formation of the figure. After breaking through and fixing the price, the resistance level turns into ur
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Setting sales targets when working with a figure.
At the expense of selling goals, there is no exact opinion among traders. You need to understand that this is a long-playing figure and has a pronounced bullish character. In most cases, phase 3 (price rise) ends with phase 4 breaking through resistance and fixing the price above it. Thus fully confirming this figure of technical analysis . But you need to understand that this does not always happen! There are exceptions.
It is also important if the price is being traded in your favor, and according to the plan you should already fix the profit, then it is advisable to stay in position while you get additional profit instead of the planned one.
There should be a strategy and plan. At the same time, your strategy and plan should be plastic from market situations.
I trade such formations like that. As a rule, I enter the 2nd phase on the “Day”, but then when the trading volume starts to increase (the beginning of the 3rd phase is the ascent). It is very important not to "stay at the bottom" for a long time. Time is money.
I leave the position in 2 stages according to the situation:
a) I sell a large part of the position at about 70% just before the resistance (before the start of phase 4).
b) if the price failed to break through or gain a foothold, I will sell the remaining 30% of the market.
c) if the price was able to break through the resistance and consolidate. Resistance has become support. I buy back at the pullback prices the same 70% that I sold in advance before the resistance. Very often the price differs by a couple%. The confirmed new support gives great potential for further growth. It is very important that there is not a big gap between the sale and the purchase. If the price after confirmation of support has gone high - I trade the remaining 30% of the position.
Sick WicksHey folks,
I like mana but I never liked the price action. It always seemed like it wanted to rally but never could. The wicks are pretty hard to miss when looking at this coin. That being said, With the weekly rsi crossing back above 20, riding the 9ma, and the macd lines have crossed and have expanded, maybe this is the start of the rally that could.
Or maybe we’ll dump down to 115 sats. mfi is a bit high.
Cheers
Today`s ALT!!! MANABTCBINANCE:MANABTC
Exchange : Binance
Coin: MANABTC
Buy Zone: 0.0000037~0.0000036
Target Point: 0.00000378 / 0.00000395/ 0.00000408/ 0.00000422/ 0.00000432/ 0.00000458
S/L: 0.0000035
Risk: HIGH
Term: Middle - Short
It`s moving in Huge Rising Wedge
All chatts less than 1 day have Hidden Bullish Divergence
I thinke it`ll touch upside of Huge Rising Wedge and break it
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Today`s ALT is that information is raised regardless of the Coin market situation
So sometimes there`s a high risk trading
Investment is your responsibility.
I'm just providing about coin`s information
=====================================================================
Decentraland Next Target | Short-Term Uptrend FormingDecentraland (MANABTC) is starting to form an uptrend in the chart term. In the chart above you can see the next target (0.00000411).
Above the green line, prices can easily move up/higher.
Below the green line prices can easily move down/lower.
The magenta lines are for resistance/targets.
The blue dashed lines are for support.
The orange triangle is the neutral/consolidation zone before the breakout.
This is a bullish chart setup.
MANABTC is very likely to move next.
Thanks a lot for the support.
Namaste.
MANABTC hits the channel's support | Upto 1018% profitOn month chart the price action is moving within a falling channel and hitting the channel's support after Sep 2018, so it can be double bottom formation on channel's support.
MANA has also formed a bullish shark pattern within this falling channel and now the price line is entered in the potential reversal zone and soon from here it will take bullish divergence insha Allah.
The targets are:
Buy between: 0.00000674 to 0.00000149 (but it is very hard to hit the 149 coz we are already at channel's support)
Sell between: 0.00000887 to 0.00001667
Regards,
Atif Akbar (moon333)
MANABTC formed shark on long term 2 month chart | 978% expectedOn two month chart priceline of Decentraland (MANA) / Bitcoin cryptocurrency has formed a bullish shark pattern and entered in potential reversal zone to hit the sell targets soon insha Allah.
Volume profile of complete pattern is showing less interest of traders at this area.
MACD upto two week chart turned weak bearish from strong bearish.
I have used Fibonacci seqence to set the targets:
Buy between: 0.00000578 to 0.00000001 (But it is not possible for price action to move more down it can move sideways here or move up coz all indicators from smaller time
petiod charts are turning bullish)
Sell between: 0.00001647 to 0.00003387
Regards,
Atif Akbar (moon333)