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
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
MANTA/USDT Facing on the resistance pattern. Breakout or reject?💎 MANTA has recently displayed notable market dynamics, currently encountering resistance within the confines of an ascending triangle pattern.
💎 Should the pattern experience a successful breakout, there is potential for significant upward movement, probability reaching our predefined target area.
💎 However, if MANTA fails to breach the resistance level of the pattern, it may face rejection, prompting a retreat back toward the support trendline of the ascending triangle.
💎 For MANTA to regain bullish momentum, a bounce from the support trendline is essential. Conversely, a breakdown below this support level could lead to further downward movement, with the next significant support zone being the demand area, or even lower.
Manta Network(MANTA) is Ready to Correct at least ➖10%📈Today, I want to analyze a Token for you, which was one of the trending tokens of the cryptocurrency market in the last few days; the name of this project is Manta Network(MANTA) .
📚 What Is Manta Network(MANTA)❗️❓
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 costs than an L2.
✅ Manta Network(MANTA) reacted well to the 🟡 Potential Reversal Zone(PRZ) 🟡and started to decline.
💡In terms of Classical Technical Analysis , Manta Network(MANTA) managed to form a Rising Wedge Pattern .
🏃♂️Currently, Manta Network(MANTA) has broken the lower line of the Rising Wedge Pattern and is moving in a small ascending channel , which can act as a pullback .
🌊According to the theory of Elliott waves , it seems that the Manta Network(MANTA) has succeeded in completing five impulse waves , and we should expect corrective waves in the coming days.
🔔I expect Manta Network(MANTA) to fall at least to the 🟢 Support zone($3.365-$3.260) 🟢 after breaking the lower line of the ascending channel, and it is likely to experience further falls .
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
Manta Network Analyze (MANTAUSDT), 1-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
MANTA/USDT A Turnaround in the Making? 🚀 MANTA BOOM💎 Paradisers, an intriguing trading scenario is unfolding with #MANTAUSDT, as it currently exhibits a downward trend, yet the stage is set for a potential bullish reversal from the demand zone.
💎 Observing #MANTA recent descent, a 25% fall from its peak has been noted. Now, as it nears the demand zone at $2.75312, we're eyeing a possible shift towards an upward trajectory, aligning with a high-probability FVG (Fair Value Gap) setup.
💎 Here's where it gets exciting: should the price dip below $2.90246, be ready to seize a 5.87% profit opportunity before OMXHEX:MANTA hits our anticipated demand zone. Maintain vigilance, as a further drop below the demand level of $2.73168 calls for a strategic reassessment of your trading plan.