Trading Signal: MANAETH Direction: Buy
Enter Price: 0.0001189
Take Profit: 0.00011997
Stop Loss: 0.00011677
Dear Traders,
Our analysis using the EASY Quantum Ai strategy indicates a favorable opportunity for a Buy position on the MANAETH pair. Below, we present our findings and justification for this projection:
Technical Indicators:
1. Moving Averages : The current moving averages signal a potential upward crossing, indicating bullish momentum.
2. RSI Analysis : The Relative Strength Index is approaching the oversold territory, suggesting a potential rebound.
3. MACD Indicator : The MACD line has recently crossed above the signal line, traditionally seen as a buy signal.
Market Sentiment:
Investor sentiment in the recent blockchain news points towards potential bullish trends, as developments and partnerships related to MANA suggest increased adoption.
Price Action:
Recent support and resistance levels are aligning with our entry and exit points, supporting our technical analysis and indicating a good risk-reward ratio.
With these factors in mind, consider entering a Buy position at 0.0001189 , targeting the take profit at 0.00011997 . Protect your position with a stop loss at 0.00011677 .
Always ensure you conduct additional research and trade responsibly.
Happy Trading!
MANAETH trade ideas
#MANAETH - Potential Massive Short or Null Trade?theCrypster -
After a near 60% Long trade closing up earlier today with #MANA (our trade of the year so far!) we've got a Sell signal from CTv2. With the price currently below levels of SR this could be another great trade.
#Decentraland against #Ethereum over the last 12 months has performed exceptionally well with Crypto Tipster v2 - this Short could drop below the only potential level of support left and offer another 30% gains.
If this potential support is stronger than anticipated and uphold the price, the trade would become void and will settle for a Net of around 0.
So, it seems to be profit or nothing on this one!
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#MANAETH - End of Triangle. Still Got a 30% Short Trade!Even though #DECENTRALAND / #ETH is reaching the end of this triangle formation we've got a nice 30% Short trade from this sell signal by Crypto Tipster v2.
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What Do You Think?
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Ideas by theCrypster meet the guidance notes and disclaimer as mentioned below and within our website. See Signature for more info! ✌️
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Crypto Tipster v2
theCrypster
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MANAETH is it creating a Bull Flag?Did you know the most explosive moves in any market are the result of price pattern breakouts such as Bull Flags and Bull Pennants?
According to BYBIT "A bull flag is a technical pattern that provides an accurate entry to participate in a strong uptrend. Many professional traders use this continuation pattern to find the optimal place to trade with the trend."
The Bull Flag or Pennant works particularly well in the crypto market. In this chart here you can see a great example of why it is suited so well for the crypto market with large impulsive waves up creating the "Pole" ABull Pennant is typically converging trend lines making more of a triangle where the Bull Flag consists more of a descending channel.
Here we see MANAUSD looking particularly attractive.
I am using MANAETH because at the moment I am extremely bullish on both coins.
Full discloser I am invested in both assets and I have only been trading for a year so for your well-being and mine this is not financial advice. If I missed the mark with any of my ideas please be so kind as to correct me. Thank you, Traders, and stay green.
MANAETH has a nice R:R trade setting up.MANAETH has a nice support at .0008201 So, if I were to open a long position at .000845, I could set my stop loss at .00081 and worst-case scenario I am at a 2.8% drawdown. If and when the price moves up, I will then adjust my SL to breakeven and let MANA do the rest. I hope I don't need to tell anyone that I am not a financial advisor. I am a beginner at trading and not ashamed to admit it. What's your Bias? What did I miss? And what did I fk up? Let me know what's up...
MANA historic shift against ETHSince its inception, MANA has reached the ATH 0.0006770 area against ETH only twice before the latest pump in the crypto gaming space. For the first time in 3 years, MANA/ETH has closed a weekly candle above that area. Another weekly close above would be super bullish for Decentraland, as it will be set to out perform ETH for the upcoming months. Keep an eye on this one and dyor.
Thanks!
$MANA looking for a solid run with Consensus?I've decided to ensure that I break down the majority of coins being featured at Consensus 2018. With this in mind this would be the second installment of eight that I plan to do before Monday's kick off event in New York City.
As you can see we have solid support with a trending MACD. I think a bit of volume will set this off. Don't look for anything crazy in terms of a GANN extension beyond the 4/1 top. Looking to break current channel and migrate to the 4/1 channel here within the next few days.