MANA/USDT - Potential 116% SetupHello Traders!
Another wave of growth on MANA ended with a deep correction to the Fibonacci level of 0.786
The asset comes out of the consolidation range of $2.99 - $3.78
It is possible to look for purchases from the current price values of $3.70 - $3.85 and buy more in case of correction between $2.99 - $3.25
Stop-loss shall be set closer to $2.72
The targets will be the Fibonacci levels:
$5,90
$6,89
$8,18
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
MANAUSDT
Decentraland Crypto and its popular token, ManaDecentraland Crypto and its popular token, Mana
He has a good fanda, it's a metaverse and now he has a profit potential of up to + 60% .
teaching points :
- Price in the upper half of the Bollinger Band
- CCI indicator near +100
- Intersection of Mac line and signal and MacD line above signal
- MacD green histograms
- The downtrend line on the RSI indicator is breaking
- Price placement in the 51-day ascending channel
- Good price response to the uptrend channel floor
It is currently at a high price for its 51-day resistance, and if it can stabilize on it, it can take a long position. The targets ahead are marked.
The first target is 15% +
The second target is 59% +
As always: don't forget capital management + don't forget to manage risk to Reward.
Good luck .
GALA and MANA - Buy both with these TP/SL on Christmas!🎄🎁🚀GALA met 1H Vegas tunnel strategy.
MANA met 4H Vegas tunnel strategy. (at blue arrow)
Time to buy them with TP/SL as charts.
Also, 🎄Merry Christmas and hope you have a great profit here!🚀
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