Manabtclong
MANA/BTC TA Update (Retest 200 Day MA?)MANA/BTC
MANA broket key ascending trend-line of support at 430 sats area and the price fell to key support 380 sats.
The price could still drop further to 370 sats are to retest the 200MA or the golden Fib levels.
I'm not yet interested in opening a position since the downward momentum is still strong.
I'll wait for the price to cool down or reached my target buy zone before looking for an entry.
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)
MANABTC formed bullish butterfly | A good long opportunityPriceline of Decentraland (MANA) / Bitcoin has formed a bullish butterfly pattern.
Even though the price action has already hit the sell zone but all indicators are still bullish therefore I am expecting that the priceline will take a proper bullish divergence and enter the sell zone completely.
RSI is oversold and moving up
MACD is strong bullish
Volume profile of complete pattern is showing less interest of traders at this area
The PRZ are can be used as stop loss in case of complete candle stick closes below the this area.
I have used Fibonacci sequence to set the targets.
Buy between: 0.00000303 to 0.00000227
Sell between: Sell between: 0.00000362 to 0.00000504
Regards,
Atif Akbar (moon333)
Is it the beginning of the end or the end of the beginning? #6My objective isn’t to buy at the cheapest price or near the low, but to begin buying at exactly the right time, when your chances for success are greatest. This means that you have to learn to wait for a stock to move up and trade at your buy point before you make an initial commitment. If you work and cannot watch the market constantly, small quote devices or quotes available on cell phones and Web sites will help you stay on top of potential breakout points.
I just kept saying this coin cannot go down any further. I did not know what I learned later, that there is no such thing as cannot in the crypto market.
When the break came almost all of the cryptocurrencies had been hurt or fractured. It was now a question of estimating how sick the coins were and how long their sickness would last. I reasoned that if a coin has fallen from 850 to 200, it will almost certainly not climb up to the same high again for a long, long time. It was like an athlete with a badly injured leg who would need a long period of recuperation before he could run and jump again as before.
Should I buy $mana at the strongest support level since 2018? Yes.
Should I sell #mana when the strongest level is broken with a loss? Yes.
How much should I invest it? The first thing I would say is always bet less than 5 percent of your money on any one idea. That way you can be wrong more than twenty times; it will take you a long time to lose your money. I would emphasize that the 5 percent applies to one idea. If you take a long position in two different related grain markets, that is still one idea.
The next thing I would advise is to always use stops. I mean actually put them in, because that commits you to get out at a certain point.
One day, I made a particularly bad trade and lost about $3000. Since I only had about $30,000, that was a very big loss and it was destabilizing. I then compounded the error by reversing my original position and losing again. To top things off, I then reversed back to my original position and lost a third time. By the end of the day, I had lost $10,000, or one-third of my entire capitalization. Since then, I have learned that when you have a destabilizing loss, get out, go home, take a nap, do something, but put a little time between that and your next decision. When you are getting beat to death, get your head out of the mixer. Looking back, I realized that if I had had a trading rule about losses, I wouldn't have had that traumatic experience.
Don't be a hero. Don't have an ego. Always question yourself and your ability . Don't ever feel that you are very good. The second you do, you are dead.
In the crypto market, and success has nothing to do with being lucky. You have to study and prepare yourself so that you can become successful on your own with your investing. So make yourself more knowledgeable. It isn’t easy at first, but it can be very rewarding. Anyone can learn to do it. You can do it. Believe in your ability to learn.
TARGET? The charts speaks itself!
*** Converted from Premium to Pro + , The signature ( my twitter link gave an error ) That's why The idea is hidden from the public. Re submitting.
Daily Analysis: Long PositionHello dear
The chart is in a bullish channel.
Now the price is at the bottom of the channel.
The record shows that when prices hit the bottom of the channel, the price rises.
The Williams Oscillator is building the floor.
The Money Flow Oscillator shows the capital's return.
It is recommended that you make a purchase at the bottom of the shopping channel if there is a price collision.
Good Luck
MANABTC weekly zoomed 1D ...back on the wave!Decentraland is back on the level that will attract more investors.
A new ATH should come and 3127sat is a very easy target.
Breaking the ascending triangle is very likely that market will pass that target and keep a new level over the next week. But in case of Pump&Dump still remain a good trade opportunity.
Have a nice gain!