AI Project Ready to ExplodeMatrix AI (MAN) has completed the Cup formation on the daily logarithmic chart, with USDT as the trading pair, and has successfully retested.
It is also scheduled to be listed on the Biconomy exchange on April 2, 2024.
MAN has the advantage of not yet being listed on major exchanges such as Binance, Coinbase, and Okex.
MAN is a real and experienced artificial intelligence project with a relatively low price considering its circulating supply.
Therefore, it is still not too late to invest in this project.
MANUSDT
#MAN/USDT Technical Analysis Chart Update for Scalping#MAN/USDT Technical Analysis
MAN/USDT is currently trading at $0.0462 and the scalping chart suggests a potential profit of 7% to 37%. Based on this analysis, it is recommended to enter the market only if the price hits $0.047032. After entering the market, it is advisable to set a stop-loss order at $0.044 to limit potential losses in case the market moves against the trade.
The recommended price targets are $0.050, $0.0539, $0.0578, and $0.064 with a timeframe of 5-15 days. However, it is important to note that these targets are based on technical analysis and market conditions can change quickly, so it is important to constantly monitor the market and adjust the strategy accordingly.
Additionally, it is recommended to ignore volatile wick movements as they may not represent the overall market trend. Always practice proper risk management and only invest what you can afford to lose.
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MATRIX AI: IS THIS SLEEPING GIANT OF Artificial IntelligenceThose who follow us know that we have a huge interest in AI coins and with time we try to find the best possibility for machine learning coins AI.
We believe that AI can play a very important role in markets coming time.
Elon musk already did the first step with OPENAI
This coin can be a sleeping giant and is able to break out coming time.
We did scan these coins as possible that could do great trends.
We will follow it and see if it can give some confirmations coming time.
MATRIX 3.0 coming soon
MATRIX AI NETWORK : CYCLE SCAN TO UPTREND LEVELS $0,50 TARGETWe expect depending on the study that this coin is able to do $0,50 coming time.
This coin shows a very important cross-pattern trend that shows the same time a new cycle.
First important short-term target is $0,05
$0,50 are able when the hype starts on this coin, as it can take some time.
With the following of the DCA study, it shows this coin is able to build high levels, which could make this coin break out in the coming time to higher targets.
As long as this cycle trend is active on this coin, we can expect coming time positive view of it.
We expect with time the volume of this coin will increase as the new matrix 3.0 are on its way.
There are more reasons making this coin interesting, and I expect with time we will see this effect.
This coin shows a signal of an uptrend, and it can go slowly before it will breakout with volume.
We expect depending on last trends and views of markets that AI coins will become very important, and one of the coins that will take over is MATRIX AI network as the team building on a very important machine learning trend.
Elon musk did launch last the OPENAI, that's an example of how smart a machine can work, that its the ability to write total books and more, and can be used even with difficult views and questions.
The goal of this update is not a trade coin, but more a DCA view for the coming time.
We will see coming time if this coin will get the confirmations we expect.
#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,
$0.019740,
Traget:-40% to 50%
Stoploss:-NA
Spot holding
Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
Thank you.
MANA - Weekly OutlookMana had an explosive week last week with price moving around 600% in a single week!
We are now waiting for the next buying opportunity. We have 2 areas which look to be the best areas to look for possible long entries.
First area:
Channel retest + 61.8 Fibonacci
The price to look at is the 2.30 to 2.40 level.
Second area:
Structure & 78.6 Fibonacci
The 1.60 level holds a lot of value as price was stuck there for almost a month. We could potentially retest that level and then make move higher.
For both areas, drop down to lower timeframe and look for reversal patterns or breaks of structure.
MAN / USDT 1H (KUCOIN) Here is my take on MAN/USDT 1H (KUCOIN). We are witnessing a triangle formation with a potential breakout. If the ranging motion continues then we can consider the pattern as invalidated.
If the triangle breaks the upper line of the triangle - I recommend that you wait for a solid confirmation - then you could enter a long position.
Take profit ideas:
TG1 - 0.080$
TG2 - 0.082$
TG3 - 0.084$
TG4 - 0.087$
TG5 - 0.90$
I keep it simple and clean!
Likes, comments, and follows are dearly appreciated.
Let me know what you think and which ones you would like for me to analyze next.
Trade safely!
Kucoin $MANUSDT descending triangle ideaThis is basically a reminder-to-self for tracking my trade setups.
Matrix AI Network's coin $MAN against USDT pair is currently sitting on a long-term descending triangle pattern.
According to Bulkowski over a third of these patterns break upward.
The pattern is clearly visible on higher timeframes, like the daily and 3D charts.
The pattern follows a 4x markup and shows descending volume, which confirms the patterns consistency. Even so, it will be important to watch this move play out and upon breakout, retest the upper trendline.
On the 4H chart, price action broke up above the Kumo cloud, with Chikou Lagging Span far and up. Parabolic SAR beneath price action, Kumo flipping green and volume increase are all bullish nuances. We can add bullish MACD to all these.
On the daily chart price action has closed above the Tenkan yesterday, which is a bullish nuance with MACD flipping to bullish indication too. Price action and volume will need to flip the Kumo to confirm a mid-term bullish trend.
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On the 3D chart, price action is coming near to descending triangle apex in about a week from today, but price action could break out earlier.
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My mid-term target lies around 0.16 but I will secure profit along the way.