#MAN/USDT SPOT HOLD UPDATE BY CRYPTOSANDERSWelcome to this quick MAN/USDT analysis.
I have tried my best to bring the best possible outcome in this chart.
Reason of trade:-Hello members welcome to our MAN/USDT quick hourly update.
As we can see in this chart MAN is currently trading upside to the symmetrical triangle pattern which is a bullish pattern.
In the current scenario MAN strongly holds the red MA (moving average) which is near the $0.019420 mark.
Whenever MAN holds the red MA MAN it becomes bullish.
MACD (moving average convergence divergence) also shows bullish crossover.
Entry:- CMP and $0.018790,
$0.019740,
Traget:-40% to 50%
Stoploss:-NA
Spot holding
Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
Thank you.
MANBTC
MAN/BTCAfter my success with ENQ, I thought I'd try to find another bottomed chart. I pulled up the Huobi chart for Matrix AI, but I am trading on Kucoin.
Things I like about MAN: Unpumped, bullish divergence on the weekly and daily chart, looks to have a flat bottom, not much talk about it on Crypto twitter. This was shilled to high heavens 1-2 years ago.
Things I don't like about MAN: their Twitter account is quiet, not much volume (but that can come later), still stuck in a massive downtrend as defined by the parallel channel I drew, since it's in a downtrend, this could go down further!
That being said, I bought a small bag with my ENQ profits. If I'm targeting the top of the channel, which looks like a safe bet to me, this would be a 10x. Target: 900-1000 satoshis. Seems crazy, but so many altcoins are pumping. Don't get greedy, sell along the way up, if it pumps. If it breaks previous support, then I'd cut my position. It's sitting near all time lows, doesn't seem like too risky of a trade. This could take days-weeks-months. Be patient. If the stop doesn't get hit, set it and forget it.
Not an expert here, I'm very amateur. Your risk is your own!
Matrix 18month of downtrendBe ready for matrix ai ... going long before btc halving.. we have 5 touches on support and resistence
MANBTC Soon some action ?So, based on RSI indicator and no price action last 2-3 weeks I predict some movement soon.
RSI indicator shows bullish divergence pattern, which is trend reversal pattern and indicates loss of bear powers to move price lower.
Price action last 2-3 weeks is about nothing, seriously if you take a look at weekly candles nearly 5-6 last weekly candles are all dojis and this tells to me that price can't go lower.
I advise you to buy some MAN tokens around 550-580 price level and take profit around 1000 satoshis. Keep your stop-loss at 520-530 levels. Good Luck !
