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MANAUSDT

MANA - Double Bottom W PatternI waited a bit with posting MANA also considering the developments of last weekend. But situation is as follows. Until the end of November, the Bulls has pushed the price considerably higher which we can see in the uptrend channel. As is known, the bears have recently indulged themselves. the bears came on the scene and stepped out of the trend channel and actually a Falling wedge was created which has brought a downward result in recent days. There, the bulls managed to absorb around $2.5 dollars and bring the price back above $3.25 in a short time. Support appears to be holding at USD 3.25 for now. So from that perspective it can go two ways. - if the bulls keep this zone, it is quite possible that a double bottom or W formation can be formed here. The ADAM formation there often has a peak as the wick shows and the EVE formation within the W pattern is often round. The story is that a larger volume decline at ADAM would suggest a good development in the upward price action. - but if we lose the $3.00 then a further decline towards the $2.5 is quickly there again. Keep calm, Do your own research! trade safe and manage your risk. (Disclaimer: This is not a Financial Advise) Dont forget to upvote or leave a comment ;-)
by Tims.Technische.Analyse.
☑️BNBUSD: short-term SELL➡️ At the time of writing, the trading idea, the BNBUSD cryptocurrency is trading at 552.3$ . The coin is more under the control of the sellers, and therefore a SELL deal is expected. The SELL deal will be short-term with moderate targets. The search area for the Sell Entry Point is indicated on the chart, as well as maximum real trade parameters. There is a resistance line at the prospective Entry Point, that also hints at selling. Around the support level of 515$ , where the target of a SELL trade is located a little higher, one can expect a reaction from buyers and some kind of price recovery. 🔔 Proposed deal for this tool 🔔: 🔴Entry Point - 577.5 ⛔️Stop Loss - 604.5 ✅Take Profit - 523.6 Thanks for your comments and likes 👍 👇🔥 LINKS TO PREVIOUS IDEAS AND FORECASTS 🔥👇
BINANCE:BNBUSDShort
by TradePlus-Fx
5
MANA back in the falling wedge after big drop!Here's a quick Look at MANA 4 hr chart. As we can see, the price broke down from the falling wedge , due to the drop in BTC price, but is now back in the same falling wedge! Keep an eye on this falling wedge! The best entry would be, when the price breaks above 4.25$ with good amount of volume . ------------------------------------------- The idea is: Buy when the price breaks above 4.25$ and take profits at the levels shown in the chart. Targets: 1. 4.65$ 2. 5.2$ 3. 5.9$ ------------------------------------------- What Is a Wedge in the context of trading?: "A wedge is a price pattern marked by converging trend lines on a price chart. The two trend lines are drawn to connect the respective highs and lows of a price series over the course of 10 to 50 periods. The lines show that the highs and the lows are either rising or falling and differing rates, giving the appearance of a wedge as the lines approach a convergence. Wedge shaped trend lines are considered useful indicators of a potential reversal in price action by technical analysts. Key Takeaways for Falling wedges: 1. Wedge patterns are usually characterized by converging trend lines over 10 to 50 trading periods. 2. The patterns may be considered rising or falling wedges depending on their direction. 3. These patterns have an unusually good track record for forecasting price reversals." ------------------------------------------- If you like the content, then make sure to comment and like the post :D Follow me for daily profitable trading setups BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
by MBM_Crypto
6
⭐️BTCUSD: forecast for Dec 6 - Dec 12 (UPDATED)➡️ The forecast for this coin made on Friday worked itself out very quickly, this new week did not even have time to start. In this regard, there is an updated forecast for BTCUSD for the coming week in front of you. As you can see, especially on the D1 chart (presented below in the comments), the price, having touched the 42003.60$ level, instantly soared to 50,000$ , but it has not been possible to close above this level so far. It is assumed that the price of the coin will be supported by buyers who will get this price fixed above the 50,000$ level. It is possible confidently take the buyer's position after the coin is clearly fixed in the price range of 50,000$ - 53,520$ (noted on the D1 chart just below in the comments). In this case, the price can be expected at the level of 60,000$ and even higher. In the opposite case, if sellers continue to hold the initiative, we will see how the coin cannot close above the 50,000$ level and then, most likely, there will be a second attempt to break through the 42003.60$ level, which will most likely be successful. Considering a shorter period of time, namely the H4 chart, there are all the same levels, of course, but the level of 48,200$ is also indicated, which acts as a support. BUT buying or looking for purchases from him is not the best idea. As you can see here clearly (on the H4 chart), entry points for SELL can be looked for from the level of 53,520$ . And here the 48,200$ level serves as an excellent and safe target. AGAIN, no deep fall is expected yet. So selling from the aforementioned 53,520$ level and straight up to 42003.60$ is not a good idea either. It is necessary to use partial closure and transfer to breakeven (after the price reaches the 48,200$ level). Thanks for your comments and likes 👍 👇🔥 LINKS TO PREVIOUS IDEAS AND FORECASTS 🔥👇
BITSTAMP:BTCUSDLong
by TradePlus-Fx
6
₿ Decentraland 1D ₿ : 04.DEC.2021 $MANAAppealing price ranges for long-term investment and HODL in #MANA : 2.5$ - 3.3$ Important support and resistance ranges are marked on the chart and everything is clear ... Follow our other analysis & Feel free to ask any questions you have, we are here to help. ⚠️ This Analysis will be updated ... 👤 Arman Shaban : @ArmanShabanTrading 📅 04.DEC.2021 ⚠️(DYOR) ❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
Long
by ArmanShabanTrading
⭐️BTCUSD: forecast for Dec 6 - Dec 12➡️ The Bitcoin forecast for this, already ending week has worked 100%. You can see it yourself with it at the link below👇. After the price reached its intended target at the upper border of the balance (marked in white on the chart), the cryptocurrency rushed down. For buyers, it was assumed that the price would still be able to stay at the level of 60,000$ and even continue its rise higher. The current situation is more in favor of sellers. The price is likely to test the 52,662$ level. Here it is assumed that the support level would be broken and the next stop will be at 48,200$ . This level can easily be broken, so it is not recommended looking for BUY-positions from it. Based on the D1 chart (shown below), the price has broken through the support line of the uptrend channel. From here, of course, it is clearly visible that BTCUSD in this case would go down to 42003.60$. In general, sellers have initiative now. It will only be possible to break it if we see the price close above the 60,000$ level. In this regard, SELL-priority is planned for the coming week for this cryptocurrency. Thanks for your comments and likes 👍 👇🔥 LINKS TO PREVIOUS IDEAS AND FORECASTS 🔥👇
BITSTAMP:BTCUSDShort
by TradePlus-Fx
14
Be fearless when people scare, be scared when people are greedyBeware MANA within the next 24 hours. I would suspect the momentum is created in a past week's downside. The volume of trading is decreasing too, the RSI is compressed below the midpoint, the support at $4.2 is strong and the bear can not break it. The Decentraland as usual open the party on their land. The Axie retook the spotlight from Decentraland and it is time for us to see the comeback of the MANA. However, in order to have a strong push, the MANA might need to go lower at 3.9 to get more momentum for the next $7.5 run. This is not financial advice and trade responsibly!
Long
by Haizsama
1
#MANA is ready to pump more than 80%#MANA in it's #USDT pair made a triangle and there is 2 possible scenarios for this chart in 4h time frame 1 : Break out the triangle and reach to 5.3 and 5.8 as next resistance levels 2: break down supporting level in the area of 4.2 and retest next support in 3.93 and 3.5 IN both scenarios #MANA is following targets : 6.5 - 7.8 - 9 - 10 - 15 Best approach is buy step buy step in the supporting levels and rebuy in Rebuy Zone if stoploss (3.93)
by SorooshSchool
8