MANAUSDT
MANA consolidation phase in 1hAfter checking a couple of timeframes i found som key points in chart, even that we can see 2 rejection attemps in bullish moves so for now we can just wait for "zona de compra 1, 2" (buy zone 1,2) on order to have any earnings in a LONG but again we need to wait because consolidations can broke your LONG/SHORT position.
MANAUSDT BULL FLAG Mana has seen some upside in the last few days after the major BTC shake-out, however we've pulled back briefly and on the daily we are seeing bull flag pattern play out. This is the first time the technicals have shown us potential of closing above of the flag. With that said, if we can close above upper line and 50% fib, the probability we see upside is high.
OCT - NOV FLAG: 10-12 DAYS TO COMPLETION OF FLAG, LEADING TO 128.90% RUN.
AREA OF CONFLUENCE AT PRICE TARGET 1: 4.1602, (9.66%) ** we may see some pressure here **
PRICE TARGET 2: 4.6597 (23.82%)
PRICEE TARGET 3: 5.3404 (40.99%, UPPER BB)
Let the metaverse take you there. Goodluck!
$Mana Daily LongHi
So on my previous chart, Mana moved to 3.6 area
Now if we manage to consolidate, we can see a really good pump, otherwise if we lose 3.5 we'd be looking at 2.4-2.6 zone
Still learning and trying things that's why I added the Eliot wave, don't really know if it should work that way
Trade Safe
DYOR
Decentraland Analysis [November 14, 2021]AB=CD pattern, Fibonacci retracement tool were greatly implemented in analyzing this one (1) day candlestick timeframe (TF) chart.
The picture explains it all.
AB = CD pattern & FIB are saying take profit around $6.6 zone.
At carefully observing the price action, an almost concluded symmetric triangle and a bullish flag pattern can be seen in formation.
Feel free to comment.
Kindly note this is not a financial advice. As we know, the cryptoverse is a highly volatile world. Do your due diligence.
MANAUSDT Price UpdateMANA after falling down as same as other cryptocurrencies right now I think it's ranging inside a symmetrical triangle. and we could go lower because in a bigger view we can see it forming falling wedge pattern and it can be the reason to break the triangle to the downside than to break it to the upside. and if this happens it will confirm the falling wedge pattern. till it holds the price above the support line.
so based on these patterns we are likely to go down for short time and then go up.
MANAUSDT # 004 ( BEARISH square finish , ready for bullish rallyHello dear traders.
Good day .
Mana start correction with market crash .
Now on 4HRS time frame Gann Bearish square finished & in reversal time zone we expect to start bullish rally to 0.618 Gann box fib level .
Thanks for your comments & support.
Good luck & safe trade.
Manausdt to the moon!Mana has appeard the bullish flag pattern and its gonna resume rising .
It has bounced from the strong support area and testing the resistant ...
I'm expecting to retest the the support before completing to rise
in MACD on the 4 hours frame it has shown a crossover and on the 1 Day frame it is in an oversold area .
Place your orders in the 3.5$ area or after breaking the down trend.
Good luck.<3
WARNNING !! MANAUSDT BREAK TRENDLINE -Hello , Here is my quick move for MANAUSDT today
-I use only 100 and 200 EMA and price action analyse
-The price is making HH and LH and break the major trendline with a beautiful reteste on the 100EMA and the trendline too
* Its BUY entry for me if the bullish candle end above the 100EMA . BUT if the candle end under the 100EMA , i don t enter any trade . Its a buy strategy trade only ( I have already backtested it and have around 60% with very very RRR)
***Education purpuse only ***
The chart said Bullish for MANAHi guys! I hope you guys took advantage to buy some more when it was dipping in the past 6 days. With the previous history data for the MANA chart, All bearish downtrends with a breakout would most likely guarantee a strong bullish movement to break the previous ATH. If the previous ATH is at $4.9, the MANA price would drop as low as $2.2 which is 55.1% of the original ATH and a strong Bullish movement started to take shape as we have seen in 4 consecutive movements (1,2,3,4).
The Current ATH is $5.89 which would lead to a drop to $2.5 which is a 57.6% drop from the original ATH. This is way lower than the percentage of the previous drop which was supposed to be $2.8 (the RSI shown unprecedented bottom in red circle). I think this is caused by the BTC effect, which would facilitate the dip back to the original affordable range for more accumulation within 1 bearish movement instead of 2 movements. The question here is that would the market psychology agree with this flash crash or would it require a longer sideways before it can break the trend? Most likely I think it has already broken the trend, however, we still need to see the leg of this parabolic curve (labeled yellow). If the leg is much lower than the $3.3 then most likely the trend would try to retest the $2.8 range which is correct with the trend without the BTC effect. However, if the leg is much higher than $3.3, then we are most likely seeing a very strong breakout for the next Bullish run!
Remember to be fearless when people scare and be scared when people are greedy!
This is not financial advice but my perception of the current market movement!
MANA - why the drop happened?It's Black Friday coming to the market today. A lot of coins lost more than 10% in just a few hours. So many people were asking when to buy MANA and SAND. On our platforms, we warned against buying these coins.
At the very top of the chart, a head and shoulders reversal pattern was formed. Behind the rules, opening a position after a breakdown and the target is equal to the height of the head. Based on the rules, the price can reach the lower liquidity area.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
☑️ETHUSD: SELL and then we take off➡️ The price of the cryptocurrency approached the resistance level of 4434.32$ , as well as the resistance line (marked in red on the chart). It is unlikely that buyers will be able to pass such a barrier now. A BUY deal can be much more promising from the support of 4019.94$ . You can familiarize yourself with the proposed buy trade on the daily ETHUSD chart below👇. Most likely, the price will be able to approach 5000$ and possibly even higher. Quite a promising coin.
If we talk about the present tense, then now a short-term SELL of the coin is planned. The Sell Entry Point area is indicated on the chart, it is the level of 4226.60$ . An entry with a risk / reward ratio of 1/2 is assumed. It is necessary to look at the situation in more detail. The target is the aforementioned support of 4019.94$ . All the parameters of the deal are in front of you.
🔔 Proposed deal for this tool 🔔:
🔴Entry Point - 4226.58
⛔️Stop Loss - 4323.20
✅Take Profit - 4033.32
Thanks for your comments and likes 👍
👇🔥 LINKS TO PREVIOUS IDEAS AND FORECASTS 🔥👇
MANA Bearish and be fearless when people scareWith the Houbi and recent ban of crypto in China, MANA price is being affected and might go bearish for quite some time. I suspect it can drop as low as $2.4. Again, it is not the problem of MANA, but I think it is the effect of BTC dropping and potentially dropping further if BTC is going sideway. This is a good opportunity to keep buying as the price goes down ward further to maximize the token number for the next bull run!
This is not financial advice!
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 ;-)