#MANTA/USDT Trade Setup, 600% Spot Long potential!Manta Breakout Alert!
Manta is trading at a long-term resistance of $0.72, and I’m anticipating a breakout.
While there’s a slim chance of a retest around $0.60 in the coming days, once we see a confirmed breakout and a successful retest, the potential upside could take us to $4.
Trade Setup:
• Entry Range: $0.576 - $0.725
• Targets: $1.04, $1.518, $2.267, and $4.05
• Stop Loss: $0.48
• Risk-Reward Ratio: A highly attractive 1:36
I plan to make $100k with a margin of $10k at 5x leverage on this trade!
I am already positioned and will keep you updated on this.
Let me know your thoughts in the comments! If you find this analysis valuable, hit that like button.
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Thank you, and peace!
MANTABTC
#MANTA , $MANTA , MANTAUSDT, MANTAUSD#MANTA ...... is in a very nice entry point and near stop loss to get high profit
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BINANCE:MANTAUSDT
#MANTA/USDT#MANTA
The price is moving within a descending channel pattern on the 12-hour frame and is expected to break upwards
We have a downtrend on the RSI indicator that has been broken upwards and we have a trend to stabilize above it
We have a major support level in green at a price of 0.600
We have a trend to stabilize above the moving average 100 which supports the rise
Entry price 0.650
First target 0.85
Second target 1.00
Third target 1.17
#MANTA/USDT#MANTA
The price is moving within a bullish channel pattern on the 4-hour frame, which is a strong retracement pattern
We have a bounce from a major support area in the color EUR at 0.300
We have a tendency to stabilize above the Moving Average 100
We have an upward trend on the RSI indicator that supports the rise and gives greater momentum, upon which the price depends
Entry price is 0.3300
The first target is 0.3752
The second target is 0.4050
The third target is 0.4400
MANTA looks bearishFrom where we placed the red arrow on the chart, the MANTA correction has started.
The pattern seems to be a diametric and we are now at the end of wave E.
It is expected that the corrective phase of MANTA will continue.
The two vertical lines on the chart are the approximate time of completion of wave E of the diametric
Closing a daily candle above 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
#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 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 Hit my zone of interestMANTA is moving exactly in my zone of interest, that is a good support zone on ourly timeframe. I expect the price to start pumping from there, that's why i have a tight invalidation. BTC will lead the move, so if BTC decide to drop more, setup will probably be invalidated. Target liquidty zone on M15 timeframe
MANTA Missed tpWe missed the take profit for few cents on MANTA, but setup was good and entry pretty perfect. I think we could see another pump on MANTA, the moment is good, and the target is still possible. But i decided to no risk more and i personally close 50% here keeping the rest at break even
MANTA SetupI want to see MANTA to retrace till the support zone i drawed (green box). This support need to hold in order to expect a possible bounce. A small squeeze could happen considering the actual volatility, that's why we could see a fast drop till 2.05 before caming back in the box, and only here i would consider to enter long