MANA/USDT PERP MANA/USDT PERP 1hr TF at Falling Wedge Pattern wait for confirmation bounce at our demand zone
MANAUSD.P trade ideas
Bearish caseBearich case for COINBASE:MANAUSD trendline confluence draw on the chart aiming for the green line below. Lost support indicators pointing lower.
Opened trade: SHORT ...yesterday at 23:00. Stoploss above the red line.
This info is not financial advice please always do your own research.
MANA triangle consolidationMANA is consolidating within this triangle range. As long as the lower support range holds, MANA creates higher lows and prepares for trend breakout.
Good Luck
Decentraland $MANA Culmination Point$MANA has lost support of 100 EMA on Daily and is now testing 200 EMA. Clear rejection w/ 50 EMA on the 3-day chart.
Clear bearish continuation with $1.08 likely landing zone, 90% retracement from ATH to $0.62 is within range.
Metaverse projects are unlikely to be exempt from tightening monetary supply as risk-off institutional activity gains momentum.
Still can't see the bottom......Where is it??My perfect combination indiacator told me "we need a spring board" .... a real good one!!!
Manausd is on fall as BTC !!!From my analysis above mana broke through an uptrend in the M15 showing a short position.. it brake through the HL leading downward .. Put a sell limit for a pull back to my zone of liquidity and Order block for my sniper entry .. always trust the process.
Decentraland longHead and shoulders reversal pattern has been formed on the Decentraland chart. Asset broke trough the descending trendline. Bullish movement to resistance level at 3.385 is possible.
Time and Date of the GOLDEN BUYING area.the other night i noticed my trend lines werent adding up so i drew up some new ones. Turns out i was looking at a trend reversal several hours before it happened. So i entered into a few trades and set my STop LImit order to hit at around +1000 pips. Seems like its turning out correct so i decided to do some more checking and
I HAVE A PREDICTION:
And ill even go as far as noting
When the moving averages willl cross (Time and date)
HOw long we will stay in an up trend (Start Date and END date)
Lets see how this plays out. Ive copied it to my Trading View account
.tradingview.com/x/8HhwnVbC/
Mana long Recovery On Mana we waiting to retest area of 2$, and if i will see a good volu,e there and reaction of price, it could be a good long position with potential of 175% growth
MANAUSD - Finished first Impulsive move After finishing the first Impulsive Wave after the big correction MANA is ready to start a new uptrend. There is a good entry chance comming up next in the wave 2 between the 61.8 and 78.6 retrace. After this move the minimum target for wave 3 is 5$.
Note: The box has been placed based on price not time
MANA - TO $3.3 - $3.5, LET'S GO! Beautiful Wednesday, Traders!
Hope you find value from this post.
If you did, pls like and consider following.
Here's a trading idea.
But firstly...
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Quick Disclaimer:
Trade at your own risk. This post/chart is for your reference only, it is not intended as a recommendation, nor is it an advice to sell nor buy this crypto asset, nor to place any trade. This is only trading opinion.
Trading poses a risk of losing some or all of your money and it will be your responsibility if you lose money.
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MANA is, as of this writing, now again battling its 35D MA.
What's happening next?
A. MANA pushing up past its 35D MA and Blue Horizontal Resistance Bar could bring price back up to $3.3 - $3.5 @ the 50% and 61.8 % Fibs. Got my eye on $4.22!
B. MANA getting rejected by its 35D MA again will bring it down towards the Green Horizontal Support Bar @ $2.4 - $2.3, and further dipping could bring MANA to $2.21
C. MANA could range (go sideways) between the Blue Horizontal Bar and Green Horizontal Bar before another big move.
Stoch RSI (1Wk TF): Huge upside potential!
What's your strategy with each type of scenario? Let me know, write your comments below.
In any case, just remember to always place your Stop Loss.
Price action is KING!
Patience and Discipline are KEYS to a successful trade.
Trading is both a Science and an Art.
Develop an intuition and listen to your instinct while following the rules putting emotions aside.
If you have not yet developed it, you will develop this as long as you stay consistent with following
the rules. The skills will become second nature to you much like how you acquire the skill in riding a bicycle.
Soon it will be your subconscious running your trades, again, much like when riding a bicycle
the balancing is controlled by the subconscious part of your brain.
Be PERSISTENT and stay PERSISTENT.
Let me know what asset you wish for me to look at and evaluate for potential long set ups and I will post it here on TradingView.
If you found value from this post, consider giving it a like and subscribe. Furthermore, share it with someone you know will benefit from this.
More power to all your trades, my friends!
Ron
Intrepid_Trader
MANA / USD 1 hour chart patterns -waiting for the bottom.I feel just by the nature of opportunity there should be more downside. if i was a market maker i would take advantage of all the unknowns in the air and push the entire market down with shorts. (I personally do not short. I buy and hold and buy and sell.) but i can see the structure. Same fear and greed. and these people are often the same as the ones who drive pumps. We all love those. It seems manipulative, and it is, but it exists in all markets as does all criminal activity. It is the energy that keeps the wave patterns moving . I think the Government oversight groups into crypto should be the same as any financial item that you own and pay taxes on. I think Right now that is the Department of Treasury. They would benefit greatly if they just simply added crypto to the treasure of the treasury. The fact that they print money and make money off of making money is a bit of a relic.
From the 2021 budget - "including $1,030.0 million
in Bureau of Engraving and Printing (BEP) costs and $65.8 million in Board costs. The
increase is primarily for higher banknote printing costs due to the demand for cash that
followed the onset of the COVID-19 pandemic"
The basic functions of the Department of the Treasury include:
Producing all currency and coinage of the U.S.;
Collecting taxes, duties and money paid to and due to the U.S.;
Paying all bills of the U.S.;
Managing the federal finances;
Managing government accounts and the United States public debt;
Supervising national banks and thrift institutions;
Advising on domestic and international financial, monetary, economic, trade and tax policy (fiscal policy being the sum of these);
Enforcing federal finance and tax laws;
Investigating and prosecuting tax evaders;
Publishing statistical reports.
Crypto could turn all of that around. Smart contracts will give more control.
the game market and the Meta World tokens will be monitored through these cross platform transactions or when converted to USD coin.
In that world i can have and use Mana all i Want in VR worlds and VR assets and only pay taxes when i transfer gain to USD whatever.
These are my hopes in my thinking of the Crytpo world. I Probably wont keep mana though. But will buy and sell if i see action. that currency climbing is the important part of the US stable coin.
MANA has fallen to an important zone, what next?Indeed the market has been on a free fall. Mana is getting its share of the effect of gravity.
Mana has formed an important pattern "M"... this asset is sitting at an important zone which is the neck of the M-pattern.
Looking at my TA, is either MANA breaks through the trendline at the neck of the pattern or the support at that zone holds.
Possibilities.
1. The bearish run continues, break through the trendline and ride to $2.4 zone
2. The support level holds and the bull come back to push this asset to $2.8 -$3 levels.
Warning: RISK MANAGEMENT IS IMPORTANT.
🙏🙏Thanks for coming around.. I will appreciate your like, COMMENTS and follow.
MANA TRADING PLAN;Nobody looks at this BIG UPCHANNEL & M-patternMANA already BO of ABC downtrend line & is now retesting the lower edge of this BIG up\channel.
After 7 continuous red candles making a M-pattern. This bullish pattern may stop the decline & make a possible bounce on the channel low. (No sign of bounce yet but RSI is OVERSOLD). A bounce will give bulls a chance to make a short term higher high going into the bigger green 3.9 to 4.5 zone.(we will already have a higher low IF it bounces soon)
BE CAUTIOUS as we are still in medium term downtrend although long term uptrend.(remember the BIG CHANNEL). BO from this Channel may send it down to retest the 4H ema20 halt reversal buy at 2.17 or even further down to retest the ABC bottom at 1.7.
Overall the risk to reward ratio is attractive as MANA is still consolidating in the lowest quarant of this BIG CHANNEL.
Not trading advice but hope this guides someone in need.
May the MARKET be with you always!
MANAUSD (4H) Bearish breakoutHi Traders
MANAUSD (4H Timeframe)
The market is in a downtrend and we are waiting for an entry signal to go SHORT below the 2.61 support level. Only the upward break of 2.95 would cancel the bearish scenario.
Trade details
Entry: 2.61
Stop loss: 2.95
Take profit 1: 2.40
Take profit 2: 2.06
Score: 7
Strategy: Bearish breakout
MANA to $3.811MANA is in a descending triangle
Two rejections at 0.236 and 0.382 fib retracement
If bitcoin behaves MANA may reach 0.5 to 0.618 fib retracement in a week or two
Decentraland shortDecentraland broke trough the support area . Asset broke trough the ascending trendline. Bearish movement to support level at 2.05 is expected to happen.
Perfect Scalp Drawing in ManaThere's a big possibility that the MANA is going to lean on .985 on the first week of MARCH
MANAUSDT Short #mana #DecentralandShort positon.
Pattern: W-Formation on the daily within Rising Wedge on the weekly
MATIC very near BUYZONEMATIC is now trying to go above dma20 middle of a Bollinger Band that is pointing upwards now.
A break above & hold of dma20 is a BUY signal.
Stocks & RSI have also turned upwards.
Price looks likely to reclaim the uptrend line.
It may BO small resistance line just above which will be very bullish
Not trading advice
