MANAUSDT
MANA is going up from here! BINANCE:MANAUSDT
Mana is surely need to go up from here, and can only fail if BTC truley falls into the bears hands.
we have:
1. 68% on the fibonacci level acting as a support over all when we zoom out. a strong clue that the big picture bull run is still in progress.
2. bulls triangle with a breaking green candle with nice volume.
3.visible divergance on the rsi indicator indicates a short term trend reversal.
4.clear resistance levels on the volume profile indicator that can easily act as support if we are moving over allthough we need to track carfully those spots. may be a rejection, take profits smartly.
5.clear and nice cross on the macd indicates a possible trend reversal.
6.100 EMA golden cross.
7.reversal breaking EMA's of the vpvr indicator on the 4H chart.
take profits level are : target 1 - 3.6 target 2 - 3.9 target 3 - 4.6
too much signs for it to fail although crypto s truly sometimes unexpected, calculate your risk wisley.
"not a financial adviser" "only an idea"
MANA BUSD FORECASTDear patrons,
Hope you are doing well.
Forecast for new trade setup of MANA/BUSD (Decentraland)
On Daily Time Frame Chart MANA breakout descending triangle and moving up.
support area is marked in purple.
RSI is showing over sold and now moving upwards.
Volume is increasing
MFI is moving up
Targets have been marked
ROI is good.
Good luck
signalsforecasts
Be vigilant and stay Strong As I have mentioned before, be greedy when people are scared! I think we are coming to the final end of the side way as BTC is volatile and MANA is still holding strong with strong support $2.9-$3.1. Stay strong brothers, It is the test for the new ATH soon! The rewards may come unexpectedly by Christmas!
This is not financial advice!
#MANA (update)In 4h timeframe Chart, Consolidating in Falling Wedge Pattern.
Volume has been Continuously Decreasing since 25th November High.
Now, Expecting Upside Breakout but Bulls Need Decent Volume for it.
In Case of Upside Breakout, Target would be ~5$ ✍️
MANAUSDT - is ready to pumpBYBIT:MANAUSDT
1H trend chart
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MANA is building a possible double bottom and already broke the trend line.
Also, neckline(orange line) is going to be taken out now.
If price can keep standing here, trading strategy as below.
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Profit Targets:
a) 3.2785~3.3035----Fib(1.272~1.382)
b) 3.3295----Fib(1.5)
c) 3.4420----Fib(2)
Stop losses:
a) 3.1020-----Red horizontal ray
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If you like this analysis, smash the "like button" and leave a comment below to share your thoughts
or let me know what crypto you want to see!
Trading is a reflection of yourself. Learn more daily and be ready for every opportunity.
Have a nice trading!
MANA fight BTC to keep the marginIt is what it is. The MANA has been fighting hard against the BTC effect and still keeps above $2.8 showing the MANA is recovering fast. However, the BTC recovering at in much faster pace compared to MANA. This means the movement average of MANA is much weaker than BTC in general. It is this time of every cycle where Altcoins are starting to bleed to BTC. All I can see is accumulate for the next bull run after BTC consolidate!
This is not financial advice!
MANAUSDT FORECAST NEXTBINANCE:MANAUSDT FORECAST NEXT
4H trend chart
MANA had gotten resistance at Fib 0.5, but already broke it out and being support level
Also, it got rid of the downtrend line, and we can take entry here(with tight SL),
Another entry scenario is that wait it to retest the key level
If we open position here, trading strategy as below.
Profit Targets:
a) 4.1
b) 5.4
Stop losses:
a)2.47 Red horizontal ray
If you like this analysis, smash the "like button" and leave a comment below to share your thoughts
or let me know what crypto you want to see!
Trading is a reflection of yourself. Learn more daily and be ready for every opportunity.
Have a nice trading!
MANAUSDT Bearish MovementReady or Not MANAUSDT will continue its bearish movement. I see a Hidden Bearish Divergence appears on my Stochastic indicator. Also based on price action trading, the bullish correction candle makes the body candle smaller as the price approaches the trendline area, indicating that demand strength appears to be decreasing. I assume that if the price cannot break the bearish trendline, the price will continue its bearish movement up to 3.1811, because there is MAJOR support there.
MANA could be headed to $3Anything could happen, and we could reverse at any time, but MANA seems to be breaking down from this symmetrical triangle, and could re-test the $3 range. "metaverse" coins are a hot play, but the chart is showing weakness to me.
This is not financial advice, do your own research
MANAUSDT - is going to pump?BYBIT:MANAUSDT
1H trend chart
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MANA had gotten resistance at Fib 0.5, but already broke it out and being support level now.
Also, it got rid of the downtrend line, and we can take entry here(with tight SL),
Another entry scenario is that wait it to retest the key level
If we open position here, trading strategy as below.
-
Profit Targets:
a) 3.5681----Fib(0.5)
b) 3.89----Blue horizontal ray
Stop losses:
a) 3.310-----Red horizontal ray
-
If you like this analysis, smash the "like button" and leave a comment below to share your thoughts
or let me know what crypto you want to see!
Trading is a reflection of yourself. Learn more daily and be ready for every opportunity.
Have a nice trading!
MANA testing supportMANA has been falling in price for a long time, this is due to the situation with BTC, the strong influence of BTC often changes the trend of other cryptocurrencies, so you need to use stop loss