MANA V shaped recovery or more downside?!There has been lots of rumors about Decentraland regarding their number of active users. some sources claim it is less than 38 users per day.
although the whole crypto market is primed for more down fall , I think we can see a V shaped recovery for MANAUSDT since the price is down 92% from the ATH.
otherwise if we brake below the support we can expect more continuation to the down side.
MANAUSDT
📊 MANA reach my short targets. Now 3 long targets for youHi friends! Do you forget about Decentralend? The top gaming project of 2021 is on the bottom now and noone wants to buy it with 90-95% discount.
✅ My last idea for MANA reach the target of the local low ($0.629). Check it and get more useful tips for your trading strategies!
🚩 Now MANA is tesing the trendline for the 4th time. We know that the more test of the trendline the weaker it becomes. I think at the 5th test, the trendline will be broken up.
Also, the probability of the PUMP is growing after this fall to the local low and the key level of $0.629. It's time to find the best entry point to long after this trap and manipulation by the whales.
📊 3 reasons to open a long:
1. trap by the whales to force the short traders become the fule for growth+take out the sl of long traders. It's already happen
2. squeeze to the trendline
3. bullish BTC
✅ My targets for long on DYDX:
🔥 $0.69-0.71
🔥 $0.81-0.86
🔥 $0.96-1 - the value area and even number which is huge resistance for the price
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
MANAUSDTHello friends
On the four-hour time frame, we have a harmonic pattern combined with tight price movement. If the current trend is above the orange range ($0.6994), there is a high probability of forming an upward trend similar to the drawn scenario.
Don't forget the damage limit!
What do you think?
MANAUSDT/D 💁🏼♀️HI
The price in the range of the box that I specified is suffering between the range of 0.67 / 0.74 the important resistance range of 0.74❗️ for a positive trend, it should stabilize above the resistance range.
According to the downward trend of the market, if we consider a downward scenario, the price can be corrected up to the ranges of 0.60/0.63. ❗️ You have to see if the price shows a reaction to this area that I specified. ❗️
what do you think about it?🙂 sell or buy?
📆✨8/10/2022✨
💁🏻✨ @MehrnaziJiTrading_crypto✨
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.
🔥FALLING WEDGE on MANA! Don`t MISS this entry point!🔥 Hi friends! MANA is already fall from the local highs to the local bottom. The whales just need to collect the liquidity below the key level of $0.625.
If the price make a break up of the wedge it will not be the best scenario because in this case will be the collection of liquidity above the wedge which good for the short traders.
We need to have the break down of the falling wedge and return the price inside the wedge. The liquidity will be colected to long in this case.
📊 Preconditions to open a long:
🚩 false breakout with liquidity collection below the key level $0.625
🚩 volume growth that show the whales pressence and huge trading activity close to this levels
🚩 if BTC going to the 25k, the most of alts make +40-60% to its price
🚩 the whales BUY orders on the DOM and Footprint don`t allow the price fall lower
🔥 The most important tools for scalping are the DOM and Footprint. These tools allow me to see the biggest orders to but or to sell and trade the test of the WHALES orders wall.
📊 The targets:
✅ $0.76-0.87
✅ $0.97-1.03
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
Crypto Weekend Update Part 2This is part 2 of the Crypto Weekend Update. Check the related Ideas below to find part 1 as well as Thursdays and Fridays update. It gives good insight to the market movement.
I go over these alts in this order:
ADA, LTC, LINK, MATIC, MANA, XRP
If you want me to check any alts, leave a comment or join the stream every week day at 09:15 EST.
0:00 ADA
5:58 LTC
8:20 LINK
13:21 MATIC
15:20 MANA
16:50 MATIC
17:53 XRP
MANAUSDTHello my dear friends
According to the formed pattern and positive divergence of RSA, it seems that the white range ($0.7307) is valid and the main upward movement will start from this range.
Keep in mind that if the corrective trend is below the price range of $0.6265, we will no longer have the mindset to form an upward trend.
We would be happy to hear your comments
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.
Please boost🚀, comment🗣️, follow me✒️, enjoy📺!
⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
MANA Potential Short / LongThe above chart is based on symbol MANAUSDT - Binance.
Alerts have been set.
The trading plan is to ladder in 0.25% below Entry, on Entry and 0.25% above entry.
Stoploss(SL) is at 1.5%.
Risk Management is always important. Let the trade come to you.
Take Profits(TP) at 1% increments.
First TP1 will have a higher percentage of take profit.
If/when TP1 is hit, SL will be move to entry.
Do Techincal Analysis(TA) stick to your plan, let the trade come to you, and don't FOMO, if your plan does not come to fruition (not hit) then you have not lost any money, have a SL to ensure best practice so you can continue trading, journal your trade for self development and reflection.
📊 MANA: wait fot this trendline breakout! Hi friends! MANA is going to break the trendline. But i recommend you to wait for some pullback to the key level of $0.754. Someone who enter the trade on this local pullback will be traped and you will enter the trade with less risk and nice risk reward.
Recently, MANA made a false breakout of the key level of $0.754 and price rised by +8%. If you miss this opportunity, use this preconditions to open the next long:
🔥 return to the key level $0.754 and squeeze to the trendline
🔥 volume growth
🔥 bullish BTC
🚩 DOM and Footprint indicators show me the whales buy orders close the key level or before the trendline breakout and it will be the MAIN precondition to enter the long for me!
📊 The targets:
1. $0.81-0.87 - the value area and closest resistance
2. $1.13 - the key level and mid-term target
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
MANAUSD D1: 150% gains THE BEST LEVEL TO BUY/HOLD(SL/TP)(NEW)Why get subbed to me on Tradingview?
-TOP author on TradingView
-2000+ ideas published
-15+ years experience in markets
-Professional chart break downs
-Supply/Demand Zones
-TD9 counts / combo review
-Key S/R levels
-No junk on my charts
-Frequent updates
-Covering FX/crypto/US stocks
-before/after analysis
-24/7 uptime so constant updates
🎁Please hit the like button and
🎁Leave a comment to support our team!
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.