MANA is Going to Be Bullish Soon!MANA is in a Bullish Flag Pattern.The Price is gonna Increase soon But No Break out has Happened yet Be ware of that! The Pattern can also Considered a falling wedge Pattern as well which is also a Bullish Pattern. The Price is gonna Increase as much as the Flag pole or At least to the Top of Falling wedge !The Next Target and Resistance is around 1.65$.
-MANA is in a Bullish Flag
-MANA is also in a falling wedge Pattern
-(AB=CD)
-Price is gonna Reach 1.65$
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Thank you for seeing idea .
Have a nice day and Good luck
Manausd
MANA/USDT BUYING SETUPMANA Look's like make a Descending triangle pattern and also any Double bottom pattern . we can see in support always make a strong rejection candle
in lower time frame potential make a IHNS pattern
Indicator like RSI and stochastic showing oversold , we can setup entry now or wait in buy zone
Buy zone : 1.017 - 0.983 - 0.945
Target : 1.0751 - 1.1073 - 1.1418 - 1.2202 - 1.33 - 1.5
Stop : 0.93
TS ❕ MANAUSD: turned downMANA has turned down below the level of 1.1993 and is heading towards the support level of 1.054.
SELL scenario: short to 1.054.
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[ALTCOIN] MANAUSDT FALLING WEDGEHello, everyone
We're a team that specializes in chart analysis
We will always analyze and provide you with charts to help you sell
There are so many trading laws and there are so many good technologies that come with them, but I'm confident that the trend line is really strong.
If you read the point of view and get to know the line, every line will adjust
Thank you.
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Chart Analysis Content -
FALLING WEDGE
TS ❕ MANAUSD: still movingMANA is still moving in a descending channel and has now reached the upper limit, in addition, the price is now near the resistance level. I expect a bounce down.
SELL scenario: short to 1.054.
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Remember, there is no place for luck in trading - only strategy!
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MANA Took an Early Recovery on the Support Level Price recovered from the decline very early from the support formed. Here we can see that price move back inside the lower boundary of structure while this has a chance to reverse one more time before the lift off. A bull requires a bullish breakout to be confirmed first on the resistance formed.
MANAUSD hit and bounced on the 1W MA150Decentraland (MANAUSD) is almost on a +70% rise since yesterday's Low, with the rebound coming on the 1W MA150 (red trend-line), which got hit for the first time in history. The fractal though resembles that of the mid April High both in terms of price action and 1D RSI.
That sequence rebounded on the 1D MA200 (orange trend-line) instead of the 1W MA150 but as it failed to break the 1D MA50 (blue trend-line), it eventually dropped to a Lower Low below the 1D MA200. The Fibonacci level below the 1W MA150 is the 0.236 at $0.5300. As a result we believe that until the 1D MA50 breaks, which was the bullish break-out point in 2021, MANAUSD remains bearish.
Notice how well those Fibonacci levels (extensions and retracements) have been accuratelly providing Resistance and Support levels these past 12 months.
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MY MINIMALIST CHART ANALYSIS FOR $MANA$MANA
On a Weekly Chart
04.18..22
0803H +8 SINGAPORE
Ukraine war is extending, Institutions are still washing out all retail LONGS, which will push cryptos further down. Still expect a downtrend within a week or two. Still have to see the effects of the war on the USD as the Rouble and Yuan are on the uptrend. We may see a shift to cryptocurrencies after this stabilizes as a lot of traders are attracted to this.
Disclaimer:
The findings of the following analysis are the sole opinions of the publisher of this idea and should not be taken as a piece of investment advice.
ALERT:
Entries on the 1.6-1.9 Zone for me.
Based on VITAL SIGNS ( RSI, STOCH, VOL., MA VOL.) Looks healthy.
1. RSI 43: still midway down
2. STOCHS 12/5: on the LOW and building an upwards momentum
3. Volume seems small for me, a lot is still holding. Waiting for a bear tail to have a spike on supply.
4. Downtrend went beyond the FIB 0.618 Reverssal area, so we expect it to go down further to 1.
5. Capitulation: Looking at this as a strong area for BUYERS.
6. We can expect it to push further down to the 1.1-1.9 zones. This is at the bottom of the brown minor and blue major box.
7. Expecting ave. 30% gains on the First Partial Exit - Area of Value.
My Published Ideas are not 100% Accurate. There are many factors at a given time that can change the forecast.
Looking back since the beginning of the year,
the Market had amazingly moved along the TOPS and BOTTOMS of our BOXES, signifying TURNING POINTS of PRICE ACTION, and verified by major FIB levels.
Hoping that this MINIMALIST BOX CHART ANALYSIS will efficiently help you with your DYOR as we Enter a NEW SWING CYCLE.
Charts are created on a MONTHLY, WEEKLY & DAILY Analysis of a MARKET'S CHARACTER.
It is designed for SWING TRADES at the LOWEST or START of a SWING CYCLE.
INSTRUCTIONS:
HOW TO USE THIS MINIMALIST CHART a.k.a (Bento Box)
"FOLLOW THE WHITE RABBIT!"
Just Follow the TOPS and BOTTOMS of the BOXES as a GUIDE to where the MARKET will take you.
TARGET ZONE IDENTIFICATION
The LARGE BOXES (Tops and Bottoms) are MAJOR turning points that will occur sometime in the future. While the SMALL BOXES (Tops and Bottoms) are MINOR turning points.
These can be entries to a BUY/ SELL POSITION, EXIT/PARTIAL EXIT/TOP-UP AREAS, as well as Support and resistance levels
Also includes MAXIMUM TARGET EXIT AREA OF VALUE - CONSERVATIVE (If price action conditions are right at that given moment.)
If it cannot break a TOP or BOTTOM of a BOX, It signifies a reversal.
At times I will include a WAY BEYOND PARABOLIC PRICE TARGET, depending on The Character of the Market (CRYPTOS ONLY).
DYOR for your Fundamentals, Volume, Chart Patterns, Candlestick Math, FIB COILS ( ABC ), Price Action, FIB LEVELS, Market Dynamics, especially institutional and retailer trading psychology.
NOTE: That PRICE TARGETS for ENTRY and EXITS are DYNAMIC and can CHANGE from time to time.
Wishing you all The Best Trades and Thank you all for your Appreciation and Support of My Work.
Much thanks to My 3 Mentors. They are so much of a Blessing that I also wish to share my knowledge.
Vive Le Autist!
MANA with BULLISH divergence MANA in USDT pair, prints a bullish divergence in daily timeframe, yet the bearish flag is not to be ignored too!
Anyway I'm mostly bullish with MANA and if it can regain two resistance lines at 2.1958 and 2.3524, next stops will be " 2.85 , 2.99 , 3.47 and 3.61 " , so keep an eye on it.
Trade Safe ...
MANA STRONG ACCUMULATIONBINANCE:MANAUSDT
As long as we stay above $2 and the 168 SMA we are in an accumulation phase. Means BUY (for long term HOLD)! But make sure you save some spare $$$ in case BTC drops below 36 000, that will drag the whole market down to a macro low. I'm holding long spot. DYOR.
Stay blessed.
MANAUSDT, We are moving in downward trendHello everyone
Mana is one the most powerful project that is working on Metaverse . Before any do in market and buy anything go and check fundamental of project then gambling on your capital.
According to the chart, the price is moving in downward trend and this means that the price desire to go more down and we expect that if this downward trend wanna continue the price can reach to the PRZ Level and that point the price has support and has some movement to upwards but until the trend isnt change to upward it better to dont take any long position for long time .
Dont forget use stop loss if you wanna take short position from here and observe to your capital management
If you anyone have question can ask us to help yourself
Be lucky guys
Abtin
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