#MANTA\USDT#MANTA
We have a bearish channel on the 12-hour frame, the price moves within it and adheres to its limits well
We have a major support area at Saad 1.70
We have a tendency to stabilize above moving average 100
We have a downtrend on the RSI indicator that has been broken to the upside
Entry price is 2.00
The first goal is 2.50
The second goal is 2.96
the third goal is 3.48
Manta
MANTA Preparing for another Bull Run? MANTA Analysis💎Paradisers, let's take a closer look at #MANTAUSDT, where current trends indicate a viable opportunity for a bullish resurgence from its key support area.
💎Reviewing #MantaNetwork's latest market activities, we notice a significant 35% retreat from its recent high. Yet, the determination at the support level of $2.6 suggests an opening for an upward movement.
💎Despite the challenge of surpassing new highs or previous records, leading to a temporary bearish sentiment, the $2.6 level is crucial for #MANTA. This point is teetering on the edge of catalyzing a notable bullish wave with another evaluation.
💎As strategic traders, we're perpetually equipped with a Plan B. If #MANTA declines further from this support, we're aiming for a bullish revival starting from the next support at $2.19. It's essential to recognize, however, that falling below this marker could signal the start of more profound bearish trends.
💎Keep your strategies adaptable and your eyes on the market, Paradisers. Your ParadiseTeam is diligently observing, ready to guide you through these evolving market conditions.
MANTA target 41h time frame
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MANTA go down to support zone with a falling channel, this zone is around 2.4~2.6. From the channel structure, we can see that MANTA got resistance again and again once touching the channel top. Now, MANTA is going to challenge the channel top again, and it is very close to support zone, that provide great risk to reward ratio to long MANTA.
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TP: 4 / 5.6
SL: 2.47
MANTA ENTRY SETUP #DYOR #NFAThe $2.51-$2.65 range is a very good entry area, but this price depends on Bitcoin (BTC). If BTC drops to $59,500-$61,000, there is a possibility that MANTA will reach the $2.51-$2.65 area. However, if BTC does not drop, then the $2.9-$3.1 price is a good entry point.
Here are some factors to consider:
BTC price action: Keep an eye on BTC price action. If BTC starts to drop, then MANTA is likely to follow.
Volume: Look for increased volume on MANTA. This could indicate that buyers are entering the market.
It is important to do your own research before making any trading decisions.
MANTA will pump soon with Wyckoff Methods1h time frame
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MANTA performs a standard Wyckoff Accumukatuon Methods, which provide guidelines for identifying trade candidates and entering long positions. From chart above, we can recoginze obvious phases of Wyckoff, icluding AR / ST / Spring / LPS / SOS. Currently, MANTA is probably under the SOS phase (Sign of Strength), that is a price advance on increasing spread and relatively higher volume.
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Targets: 4.7 / 5.6 / 60+(long-term)
MANTA - Looking bullish, could it go on a TIA style rally?Manta Coin, a relatively new entrant in the cryptocurrency market, has been making waves due to its innovative approach to privacy and scalability within the blockchain ecosystem. This digital asset is designed to provide users with private and secure transactions, leveraging the power of zk-SNARKs technology to ensure anonymity and data protection. Manta Coin aims to address the common concerns associated with digital transactions, such as privacy breaches and security vulnerabilities, making it a standout project in the blockchain space.
- Exchange Listings:
Binance
Bybit
Kucoin
TP :
$5.20
$7
$8.80
Comparison of Manta Network and Polkadot charts, correction...Comparison of Manta Network and Polkadot charts, correction in Manta cryptocurrency.
CRYPTOCAP:DOT OMXHEX:MANTA #Polkadot #Manta LSE:TIA #Celestia
First, we need to wait for Bitcoin to fall to around $43,000 and then see where Manta stands at that moment before deciding whether it's worth attempting to buy with the goal of growth similar to the TIA coin.
MANTA ANALYSIS (4H)It is fluctuating within a range.
Due to the sweep of low liquidity pools and higher L's and consumption of supply, it is expected to reject upwards from the POI range.
Only if it pullback to the POI range, we will look for buy/long positions.
Closing a daily candle below the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Analyses about Manta token for SPOT ✍️
Fundamentally, Manta token is due to the use of zkSNARKs technology, ⚡️
which provides private and secure transactions for its users. It has a great potential to have many users.💥
⚡️Due to the great reception of people in the crypto space and the high capital demand from this network, as well as having powerful supporters such as Celestia, investing in the spot mode and also finding the right entry point to have a long position, Manta can be one of the best options of this the days be for us.
Also, according to the technical chart of this token, which is in a good position, it can be said that after breaking the 3.713 point, it is a good time to enter a long position.🔥
MANTAManta should go sideways or slightly down and then we go up for 2x. This is a new coin meaning it's high risk, but it's in most major exchanges so I don't think it will crash.
The move might take about 1-14 days to happen. slightly better price than current one is still possible so I would slowly buy in.
About Manta Network
Manta Network is the modular ecosystem for web3. Users can build and deploy any Solidity-based decentralized applications on Manta and leverage its technology stack to deliver faster transaction speeds than an L1 and lower gas cost than an L2.
🚀📉 MANTA Support and Resistance Levels! 🎯💹📊 Analysis:
Current Level: Returned to the support at $2.73.
Upward Trend: Aiming for the next resistance at $3.47.
Crucial Level: Clearing and holding above $3.10 is important.
Next Resistance: Positioned at $3.81.
Lower Support: The wick stopped at $2.30.
📈 Trading Strategy:
Action: Monitor for a sustained move above $3.10.
Targets: Consider resistance areas at $3.47 and $3.81.
Risk Management: Be aware of lower support at $2.30.
🚨 Note: Stay adaptable to market dynamics for effective decision-making! 🌐🔍 #MANTA #CryptoAnalysis #SupportResistance 📊💱
MANTA target 5.24h time frame
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MANTA is suffered from deep dump today. However, there is a strong support since January, MANTA always bounded once touched the uptrend line. Due to less data of candles, we can only use Fibonacci Extension to estimate the final target, which is $5.
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TP: 3.73 / 5.2
SL: 2.74
MANTA On key levelMANTA is approacing main support trendline. We basically have two options here (As always): bounce the trendline aiming for resistance zone at 3.16 or break the trendline and going to support zone at 2.5. Considering the ETH possible weakness, i expect the short. Trying new color setup, do you like it? I think it's more clear