MANA/USDT Poised for a Possible Bullish Rebound👀🚀MANA Analysi💎 Paradisers, let's zoom in on #MANAUSDT, where the current pattern is signaling the potential for an impressive bullish rebound from its key support zone.
💎 A look at #MANA recent market activity reveals a steep 34% fall after hitting a wall at a significant supply level. However, it has shown some tenacity around the support level of $0.4104, suggesting a possible upward move.
💎 Despite the current challenge in achieving new highs or surpassing previous peaks, leading to a short-term bearish sentiment, the $0.4104 level is crucial. It's poised to possibly catalyze a robust bullish wave if retested.
💎 As forward-thinking traders, we're always equipped with a plan B. Should #MANA falter at the $0.4104 support and go lower, our sights are set on a bullish recovery starting from the lower support at $0.3747. Keep in mind, though, that a drop below this secondary support could signal further downtrends.
MANAUSDT
MANA ANALYSIS🔮 #MANA Analysis 💰💰
🌟🚀 #MANA is trading in a Symmetrical Triangle Pattern and gave a breakout. The price is currently going and showing a good bullish moment. 🚀🚀
🔖 Current Price: $0.4850
⏳️ Target Price: $0.5811
⁉️ What to do?
- We have marked some crucial levels in the chart. We can trade according to the chart and make some profits in #MANA. 🚀💸
🏷Remember, the crypto market is dynamic in nature and changes rapidly, so always use stop loss and take proper knowledge before investments.
#MANA #Cryptocurrency #DYOR
MANA/USDT bullish continuation from demand? 👀🚀MANA Analysis💎 Paradisers, focus your attention on #MANAUSDT, as it's currently showing promising signs. The asset is in a position that strongly suggests a bullish continuation from its current demand zone.
💎 Observing #MANA recent behavior, we noted a rejection at the resistance level of $0.5779. Presently, there are substantial chances for a bullish move from the demand zone at $0.4726. Should the price manage to sustain its momentum above this zone, we anticipate a bullish thrust towards the significant resistance level at $0.7022.
💎 However, in the unpredictable realm of cryptocurrency trading, #MANA traders should be prepared for a variety of market shifts. If the price struggles to maintain its strength at the demand level, a strategic approach might involve gearing up for a bullish rebound from a lower support level, particularly around $0.4277.
💎 Significantly, a drop below this support level would require a thorough reevaluation of strategy, as it may indicate a potential difficulty in upholding a bullish market direction.
MANA/USDT upward momentum?👀🚀MANA Today Analysis💎 Paradisers, it’s time to spotlight #MANAUSDT as it’s showing promising signs of a bullish move. This comes after a key resistance level has transformed into a potential springboard for growth.
💎 Diving into #Decentraland recent market path, it has successfully navigated a descending trendline, breaking upwards. After a rejection at the resistance of $0.5117 and a retest of the trendline, it made a strong move upwards, turning the previous resistance into a support zone.
💎 Currently stationed at this new support level of $0.5117, if #MANA maintains its momentum, we might see a significant bullish movement.
💎 However, for the astute traders among us, it’s crucial to have a Plan B. If #MANA slips below this support level of $0.5117, we should be prepared for a bullish recovery from a slightly lower support at $0.4940. Notably, a breach below this secondary support could lead to a more pronounced downward trend. 🌴💰
MANA/USDT Could MANA Breakout the crucial area ?? Or rejected💎 MANA has been a prominent player in the market, facing challenges in overcoming the supply area. Recently, MANA experienced a false breakout and is currently striving to regain its position above the supply level. A successful breach of this resistance could probability lead to a significant upward trend, with the bearish OB area being the next anticipated target.
💎 However, if MANA fails to achieve a breakout and remains in consolidation at this resistance level over the next few days, there's a likelihood of facing another rejection. This could result in MANA reversing its course back towards the demand area.
💎 In the demand zone, a strong response is essential for MANA. If it fails to demonstrate a significant rebound from this zone, there's a risk of breaking down further. Such a scenario could signal a shift back to a bearish trend for MANA, potentially leading to a descent towards a stronger support area.
Be careful crossing the bridge!The probability of growth for this currency is higher, but it is possible to have a correction to the first support range.
If the first support range is lost, the most important support range is the price of 0.4646, the possibility of growth from this range can be higher, but if this range is broken, this pattern, i.e. the corner pattern, will be formed and we can see more fall.
Therefore, if it reaches the second support range, the analysis should be updated.
But what is possible for now is a rise to the first resistance area, which is the price of 0.5498
MANAUSDT Elliott Waves AnalysisHello friends.
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Everything on the chart.
Targets: 0.5 - 0.53 - 0.57
after first target reached move ur stop to breakeven
Stop: ~0.33 (depending of ur risk). ALWAYS follow ur RM .
RR: 1 to 3
risk is justified
Good luck everyone!
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It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions
MANA/USDT Anticipating Bullish Momentum?👀🚀MANA Today Analysis💎 Paradisers, direct your attention to MANAUSDT as it exhibits a notable pattern, suggesting a strong probability for a bullish move.
💎#MANA historical performance reveals a tendency to adhere to a descending channel pattern, with a break above leading to an upward trajectory. Presently, it is demonstrating a bullish stance. The critical level to watch is $.4244; maintaining momentum at or above this level could indicate a bullish continuation.
💎Should it fail to hold, the next focal zone is at $.3931, aligning with the observed pattern trajectory. #MANA sustained upward momentum is targeting a resistance level at $.4968, with the potential to rise further towards supply levels at $0.6932.
💎 Furthermore, prepare for a potential bullish resurgence from the support level of $.3581 if #MANA does not sustain its upward momentum. A drop below this level could raise concerns about the viability of the ongoing bullish trend.
💎 In the current dynamic and fluid market environment, strategic planning and discerning decision-making are critical. Developing a comprehensive trading strategy, incorporating effective money management, and a deep understanding of support and resistance levels, is essential for achieving sustained trading success. 🌴💰
Decentraland (MANA) setup for upto 18.50% pumpHi dear friends hope you are well and welcome to the new trade setup of Decentraland (MANA) with US Dollar pair
Previously we caught almost 17% pump of MANA as below:
Now on a 4-hr time frame, MANA has completed a bullish Gartley setup for the next price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
Decentraland (MANA): Deep DiveDecentraland (MANA) is not just another altcoin, but rather a revolutionary blockchain-based virtual reality platform that gives users the power to create and explore their own 3D environments. MANA Coin has the potential to reach new heights in the future due to its strong community support.
The maximum price level of the MANA Coin will stay around $2.67 by the end of 2023. If the crypto market goes smoothly, the average price value of the MANA Coin can be trading at around $1.71 in 2023.
While the minimum price level of the MANA Coin can fall to $0.93 by 2023 if the market shows a bearish environment. However, we are expecting a bullish rally by this year and the price of the MANA Coin will increase significantly in the year’s second half.
MANA LONG SETUPMana is inside a large diametric that is now completing the ascending branch of F. the last falling wave that we expected did not form and was pumped.
We considered the final pattern to be diametric, but this pattern was triangular.
Now the resistance that has been broken is a strong demand. If the price returns to this demand, it is a good position for a buy/long position When the price returns to the green area, you can look for buy/long positions
This is an update of the analysis in the relevant section
Linked
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You