Get started

MANABTC

MANABTC - Analysis There are two scenarios that can be explained in this 15 min chart: 1 - MANABTC chart, in the last couple of days, showed a resistance to a MA200, as you see on the chart (Red Circles). That can be a sign that the trend will continue going sideways or hypothetically it might bounce up. 2- On the other hand, MANABTC shows a TRIPLE TOP. Also, the stoch chart is not very promising; you can see the lower top and the bottom is almost flat. It might be a Huge Drop in the next few hours! Despite the fact that BTC price can change the scenario, HODL is apparently may be the best option.
Short
by PersianAnger
1
$MANA - Decentrilized, Maybe?I have not had much luck with this coin. When i see an entry, it seems to fail on me, but I again give it a shot and im making a trade based on the following: Price above the 10 Period Moving Average Strong Heikin Ashi Candle and priors showing the start of a bull trend. Stoch K line turning up. Most should wait for the K line and D line to cross but based on some lower time frames I feel this will happen. %BB Turning positive, also moving up. Volume is "ok" lower then the average though in the green, could be better. I am aiming for 1897 SATS which is about a 6% gain though may change if there is a reversal. My Stop is around 1619, around a 5% loss. Semi risky trade as the volume is kind of low, though this could always spike in either direction.
by UnknownUnicorn2091450
MANA/BTC - 3/19/2018Good Morning, Traders! MANA may be in the process of an upward sloping head and shoulders pattern. The neckline was formed with about 4 points and it is now in the process of forming its right shoulder. The current price just tested the resistance level at the 61.8% fib retracement which may have formed the right shoulder already. The volume that is seen during the formation of this shoulder (if it is complete) is not a significant amount and therefore may hinder the effectiveness of the breakout. The breakout is expected to last until the price of 0.00000829, this is measured using the distance between the left shoulder and the neckline. If the right shoulder hasn't completely formed, the formation of the "shoulder" may not be relevant at all because, at that point, the price may just be traveling at an upward trend (the "neckline"). The price touched this line once before the formation of the first shoulder and may do so after the last shoulder, ruling our head and shoulders pattern obsolete. Important Resistance Levels: 1121, 1061 Important Support Levels: 968, 838 DISCLAIMER WITH THIS CONTENT CRYPTOCURRENCY CAPITAL LLC OR ITS AFFILIATES DO NOT PROVIDE INVESTMENT, TAX, LEGAL OR ACCOUNTING ADVICE. THIS MATERIAL HAS BEEN PREPARED FOR INFORMATIONAL PURPOSES ONLY AND IS NOT INTENDED TO PROVIDE, AND SHOULD NOT BE RELIED ON FOR, TAX, LEGAL, ACCOUNTING OR INVESTMENT ADVICE. YOU SHOULD CONSULT YOUR OWN INVESTMENT, TAX, LEGAL AND ACCOUNTING ADVISORS BEFORE ENGAGING IN ANY TRANSACTION AT YOUR OWN RISK. CONFLICTS OF INTEREST GIVEN THE NATURE OF THE FUND’S BUSINESS MODEL, IT IS NOT POSSIBLE TO FORESEE AND PREVENT ALL POSSIBLE CONFLICTS OF INTEREST THAT MIGHT ARISE OVER THE LIFESPAN OF THE COMPANY. AT THE TIME MATERIAL WAS PUBLISHED, CRYPTOCURRENCY CAPITAL LLC, ITS AFFILIATES, OR ITS PRINCIPALS, MAY HOLD LONG/SHORT POSITIONS IN THIS PARTICULAR COIN. Written by: Arham Bheda Senior Research Analyst
Short
by EQBM
I'm Sorry MANA But You Need To Sit DownCurrently MANA is trading at the top of it's channel which will likely produce a downtrend. Because BTC rules the market and I am expecting BTC to continue to go down, alt coins will follow. You can see on the 4 hr chart that two candles have long wicks touching the top of the channel. This means many sellers are in that area and not enough buyers. I plan to buy in at the 50, 61.8 and 78.6 Fibonacci levels as it comes back down. Always set stop losses to minimize risk in the event that it doesn't bounce. I don't expect these bounces to be very large, 5% max. But small profits add up.
Short
by bensonwithin
Yes Another Profit Delivery.....Don't bother reading this unless your interested in making some cash. Here you can see on the daily chart Mana has clearly broken out and looks strong, we have great momentum, volume is returning and we have all seen this coin move in the past. Now if we go down to the 4H charts you will see the 200EMA just coming under the price not only will this provide good support its the signal we want to see to confirm the move. We have a good bullish divergence on both timeframes showing that we have momentum to move through the next resistance. The stop loss will be set on the black line displayed on 4H chart and targets are the green lines. Enjoy this trade, its a safe trade we have a stop loss more upside then downside this is what we look for. Cash Is King! Profits all day everyday!
by Cash-is-King
3