MANA/BTC fall to 1200 -1010Short term trade down
Following trend line wait for price to drop to 1200 - 1150 and buy
Monitor the fall of bitcoin if it does drop and see how sensitive the market is. if conditions seem rapid worst case scenario a fall to 1010 before bouncing back.
T1 1430
T2 1550
T3 1700
T4 1900
MANABTC
#MANA: breakout of falling wedge, Targeting KS & cloud #cryptoMana has broken out of the bullish falling wedge and crossed above 20DMA which is acting as a support level now at 1388 sats
Price has crossed above TS(Conversion-line) and looking to break KS(Base-line)
Resistance confluence region: 1390-1525 region
In the 4H t-f Mana has crossed above both TS & KS giving a buy signal
also TS bullish crossover of KS giving another buy signal
MACD bullish crossover of signal line, RSI above 50 & Stoch RSI also bullish
We can expect #mana to break above resitance region and Target higher fib levels
Target 1:1525
Target 2:1700
Target 3:1900
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.
MANABTC - Bullish Trend According to the chart, using Fibonacci trend and BB indicator, MANABTC is right on the parallel trend moving upward. BB indicator, also, is presenting a new potential bullish movement in the short-term.
For a mid term and long term, it probably stays bullish as it is. The only concern is low volume!
$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.