Manausd
MANAUSDT - TRADE PLANCheck out the trade plan for MANA today based on the technical analysis. Hope this analysis is useful, make sure to hit the thumbs and also follow my tradingview profile for future updates. Thank you!
MANA is on a descending triangular pattern where we are waiting for the perfect breakout confirmation to hunt down the targets pinned on the chart.
MANAUSD (MANA) - Quick short opportunity Quick short opportunity for MANA. Looks like the current candle is struggling to break local resistance and could tumble. 5 min charts need to come back down to earth as per say.
MANA - 15M bullish The price broke above resistance and had a pullback to it, so it’s a support zone now; according to the signal bar and powerful bullish candles, the possibility of rising to the next resistance level is high.
HNTUSDT TIME TO BUY ???Trade well, ❤️❤️ If you find this helpful and want more FREE forecasts in TradingView
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MANA breakoutPlease 1st of all smash the boost🚀 button and follow me to support my work if you like it! It's absolutely for free.
Decentraland broke up this triangle📐 and I think there is chance for run to 0.8455 and even higher. Setting BUY LIMIT order to previous range high to catch🎣 the pullback. The white uptrendline could be a good guide.
ENTRY : local high @ 0.7969
STOPLOSS (SL) : local low @ 0.7817
TARGET (TP) : height of the triangle projected from midpoint of the local range (BUY LIMIT - STOPLOSS) @ 0.8455
REWARD RISK RATIO (RRR) : 3.2
INVALIDATION : when SL level hit
Check my other stuff in related ideas.
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⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
MANAUSD Quadruple BottomFirst scenario (double bottom) led to breakout
Current scenario (double bottom, forming the quadruple bottom!) will lead to same result? I assume.
MANAUSDFed is still hawkish and will raise rates more than expected we will see the last leg down before we can start buying for long term.
MANAUSD D1: 150% gains THE BEST LEVEL TO BUY/HOLD(SL/TP)(NEW)Why get subbed to me on Tradingview?
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MANAUSD D1: 150% gains THE BEST LEVEL TO BUY/HOLD(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: MANAUSD D1/candle chart review
::: HIGHER RISK SETUP USE TIGHT STOP LOSS
::: further losses short-term
::: expect BEARS to target 60-65 CENTS
::: however strong bounce after correction
::: setup still valid as of today
::: chart is LOG SCALE
::: get ready to BUY LOW later near 60-65 CENTS
::: BUY LOW near 60-65 CENTS Dusing tight SL
::: currently correction in progress / no upside
::: dump until MERGE EVENT
::: for now stay out / wait for better entry price
::: up to 155% gains possible later
::: short-term pullback/correction
::: is possible / likely
::: however chart looks good for BOUNCE
::: SPECULATIVE SETUP
::: do your own due dill
::: and use proper risk management
::: TP bulls is +155% gains
::: details: see chart
::: FINAL TP is +155%
::: recommended strategy: BUY/HOLD 60-65 CENTS
::: TP BULLS +155% gains / 1.50 USD final TP
::: SWING TRADE: BUY/HOLD IT
::: bull run not over yet
::: good luck traders!
::: BUY/HOLD and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BULLS/STRONG BOUNCE
::: Sentiment short-term: CORRECTION/65C
RISK DISCLAIMER:
Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
Decentraland (MANA) sending mixed signals for AltsMANA 1D has been forming an ascending triangle in downtrend as opposed to the more common formation during an uptrend.
To form this pattern you need an initial rally where price action begins to consolidate between a flat resistance point and rising support trend line before continue on.
Unlike in an uptrend, when the ascending triangle pattern develops during a downtrend it’s more likely to signal a reversal than a continuation.
Very rarely will the pattern form perfectly and in the current market conditions we have seen many fake outs and overthrows across most coins so always look for confirmation.
How to trade this pattern:
Go long on resistance break out but only after confirmation.
Go short on support breakdown but only after confirmation.
With that being said it's seems more favorable for the bears that we would see a breakdown of support as the prevailing trend is downward and can often lead to resistance holding. With pattern trading or candlestick patterns its always wise to use another tool for confirmation of your analysis. Something such as the RSI can improve your odds of succes.
Ascending Triangle Pattern on MANAHello guys today i saw an interesting Ascending Triangle pattern on MANA , it will be a good setup.
wait until break out between 1.0500 and 1.0700 , the open your short position after first candle.
the target is 1.0000 , you can close 50% of your position and risk free that.
remember funda analysis before opening a position.
it's just an idea , always do your research and analysis.
don't forget to follow and boost this idea :) thank you.
MANA long term opportunityChart analysis is simple, it has the potential to simply follow the ascending channel. I don't publish the wave analysis for the sake of clarity but may 22' indicates the end of 2 years cycle. A strong downward breakout invalidate the pattern but chances are low. I think Decentraland (MANA) is a well established crypto project, it has real utility but right now is undervalued. MANA has an established metaverse and far more succesful altcoins are promising a metaverse... I can't see strong reasons to this project falling into oblivion.
Decentraland MANA Entry Range, Take Profit and Stop LossMANA/USDT
Entry Range: $1.00 - 1.13
Take Profit 1: $1.30
Take Profit 2: $1.52
Take Profit 3: $1.73
Stop Loss: $0.84
MANA#MANA
- Between a bat and a crab 🦇🦀
- Monthly Demand
#This is my technical opinion and not a recommendation to buy or sell
MANA\USDT 📐ASCENDING TRIANGLE📐🇺🇸Hello friends👋.
📈Long: 5-10% of deposit (pending order at $1.0248)
🔴SL:0.9192$
🟢TP: 1.3302$
Another squeeze in the form of an Ascending Triangle, the price broke through the upper border of the triangle and fixed, I expect a retest and then a long!📈
Decentraland MANA long Entry Range, Take Profit and Stop LossMANA/USDT
Entry Range: $1.00 - 1.13
Take Profit 1: $1.30
Take Profit 2: $1.52
Take Profit 3: $1.73
Stop Loss: $0.84
MANA sell signal
MANA | SHORTCOINBASE:MANAUSD
It look bearish to me, HS pattern.
TP1: 4
TP2: 3.6
*This is my idea and could be wrong 100%
✅TS ❕ MANAUSD: formed a peak✅✅MANA formed a peak and fell heavily. The price continues to fall and we can expect further decline.✅
🚀 SELL scenario: short to 0.765.🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
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*
MANAUSD ❕ trading in rangeMANA is moving in a range and is under a strong resistance level.
Trading volumes are declining.
TD Sequential has formed a down reversal signal (30m TF)
I think that the asset will continue to decline after fixing under the upper limit of the range.
MANA can break the triangleMANA is one of the good projects in the metaverse which still havent pumped like the rest of the market. i think we can see a rise after succesful break of the triangle.
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.
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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.
