Decentraland Crypto WorldwideSun Storm Investment Trading Desk & NexGen Wealth Management Service Present's: SSITD & NexGen Portfolio of the Week Series
Focus: Worldwide
By Sun Storm Investment Research & NexGen Wealth Management Service
A Profit & Solutions Strategy & Research
Trading | Investment | Stocks | ETF | Mutual Funds | Crypto | Bonds | Options | Dividend | Futures |
USA | Canada | UK | Germany | France | Italy | Rest of Europe | Mexico | India
Disclaimer: Sun Storm Investment and NexGen are not registered financial advisors, so please do your own research before trading & investing anything. This is information is for only research purposes not for actual trading & investing decision.
#debadipb #profitsolutions
MANAUSD.P trade ideas
033. PIGGISH PLAY - Long MANA/USDBeen a while since I posted a pig play. This is mainly because I have been waiting patiently for markets to pullback or crash for months now. While I have posted some short plays, this market is being propped up on hot air and it has become clear that trading should be done sparingly until this topping nonsense comes to an end.
Meanwhile, I have many ideas for AFTER the drop in the stock indices and bitcoin and only two bullish ideas for the here and now: gold and mana.
One could argue on behalf of either of these assets for being the next major wealth transfer destination for their inherit defensive properties against inflation. As natural safe harbors for wealth preservation (well, gold for sure and mana tbd), I feel comfortable longing either and/or both in the near-term.
I have stated before that MANA is particularly interesting to me because it is (for now) completely decentralized - meaning the central banks cannot f with the supply dynamics via obviously bad policy practices. I love gold, but in keeping with the crypto zeitgeist and the general trend of computerizing assets, I present you with the idea above.
The instructions are all displayed in the chart and if you follow them somewhat closely, I am sure that you will be happy you did in a year's time.
The last and most important item is to WAIT FOR BITCOIN TO RETRACE SIGNIFICANTLY before an entry consideration into MANA or any other coin. Alternatively, for the more diligent crowd, you can see whether MANA diverges from BTC as BTC is dropping via basic side-by-side observation or keeping a close tab on the near-term correlation coefficient. Either method can serve as additional confirmation of a bullish future for MANA, but I would still wait for the price levels depicted above before entering.
That is all, best of luck, don't get greedy in stocks, etc.
-MANIC-PIG, MANA-PIG
COINBASE:MANAUSD
BINGX:MANAUSDT
COINBASE:MANAEUR
COINBASE:BTCUSD
COINBASE:ETHUSD
BITPANDAPRO:BTCEUR
BITPANDAPRO:ETHEUR
How To Analyze Any Chart From Scratch - Episode 7Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
Today we are going to go over a practical example on MANA, but you can apply the same logic / strategy on any instrument.
Feel free to ask questions or request any instrument for the next episode.
You can find the previous episodes below "Related Ideas"
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
MANAUSD ❕ fixing above the channelMANA is in the liquidity area and fixed above the descending channel.
The coin is above a large liquidity.
Price held 50MA (4H TF)
Trading volumes are showing interest in the upside of the price.
RSI and price have formed a bullish divergence (4H TF)
I expect price to rise from current levels.
The strategy of breaking the support lines and resistanceThe strategy of breaking the support lines and resistance of the trader. when the green line (1.120) and trend line broken with Confirmed by candle we can buy it with RR2
on the other hand if red line (0.7510) broken and confirmed by candle we can sell it with RR2
MANA, short-term rebound.The following are machine translations:
In the 4-hour chart, it fell to around 0.75 yesterday, stopped falling and rebounded. Today, it stepped back to around 0.75 and stopped falling again. It is rebounding and short-term bullish.
The indicator macd is about to turn a golden fork, to see a rebound. The RSI indicator started to rise from the oversold zone, and the rebound is expected.
In terms of operation, intraday low and long operation, there may be a short-term rebound, with a stop loss of 0.748.
Decentralland Crypto WorldwideSun Storm Investment Trading Desk & NexGen Wealth Management Service Present's: SSITD & NexGen Portfolio of the Week Series
Focus: Worldwide
By Sun Storm Investment Research & NexGen Wealth Management Service
A Profit & Solutions Strategy & Research
Trading | Investment | Stocks | ETF | Mutual Funds | Crypto | Bonds | Options | Dividend | Futures |
USA | Canada | UK | Germany | France | Italy | Rest of Europe | Mexico | India
Disclaimer: Sun Storm Investment and NexGen are not registered financial advisors, so please do your own research before trading & investing anything. This is information is for only research purposes not for actual trading & investing decision.
#debadipb #profitsolutions
MANA/USD BROKE OUT THE UPPER TRENDLINE.Welcome traders. Here's a chart on MANA to keep an eye on.
In 4 hours of TF, MANA has broken above the upper trendline and currently retesting. Entering into this coin at the retest level between $0.97 to $1.03 will be a good entry. A rejection below $0.96 will be a no-trade zone on this one and we will have to consider a re-entry strategy later.
If we happen to take entry on this coin then the target will be $1.17, $1.25, $1.34, and $1.4.
Trade safely.
Utility and Resilience: MANA Bounces BackBear markets are often when long-term traders make their big moves - assets that seem to stabilize or even do well (MANA, MKR in the last few days) often show that a project has dedicated supporters and some legs to stand on during the "tough times". It's easy to make money during bull runs, but it's the projects that survive during bear markets that often lead to long-term growth.