Decentraland MANA short Entry Range, Take Profits and Stop LossMANA/USDT short
Entry Range: $0.90 - 0.99
Take Profit 1: $0.86
Take Profit 2: $0.75
Take Profit 3: $0.64
Stop Loss: $1.12
MANAUSDT.P trade ideas
SHORT MANANOT looking good for now it's SHORT.
Can not break through local trend line.
Stop-loss 1,008
MANADISCLAIMER:
This is not financial advice! This is an opinion-based show. I am not a financial adviser. Please only invest what you can afford to lose, and we encourage you to do your own research before investing.
everyone should buy and sell according to their own strategy.
Everything you need to know is outlined in the chart and keep in mind that we are moving forward with probabilities and the analysis may be wrong so take capital management seriously.
#MANA/USDT 4HOUR UPDATE BY CRYPTOSANDERS !Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
MANA breaks the resistance line and slowly moves up. Our long position is in profit of 8% increase your stop loss to breakeven price. Let's see how the price reacts to the resistance of the $1.10-$1.15 area.
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Thanks for your time, we hope our work is good for you, and you are satisfied, we wish you a good day and big profits.
THANK YOU.
#MANAUSDT 4H Chart
Price is ranging in a symmetrical triangle but it is currently showing no major movements. MACD is not clear, RSI and EMAs are neutral. We shall wait for the breakout for more confirmation however i am favoring longs aiming for the major 2h supply at $1.205. Let's see how price reacts coming into next week.
Decentraland - bullish move next?I would keep an eye on this structure. Given the power of the move to the upside, a following corrective price action may be an indication of a strong reversal.
At least, if it happens, and you have a low entry, I would recommend to close 50% and to keep the balance, in case the next move up extends.
Take care
MANAUSDT Long on bullish orderblockSpotted a nice Anti Crab Pattern on 1h timeframe Entry point will be exactly on the bullish 1h order block. Tight stop loss just below the order block.
TP 50% to 75% at Target 1. Then Adjust SL to entry.
MANAUSDT Bearish unless this level breaks*** ***
For this particular analysis on DECENTRALAND we are using the MANAUSDT symbol on the Phemex exchange.
*** ***
The idea is on the 4H time-frame where Mana has been trading within a Channel Down since the May 14 High. That is still a Lower High within the general bearish trend and the Channel Down keeps it that way. There is a level, which if broken, we'll most likely get a long-term bullish reversal and that is the 1.13900 Resistance. This is because the current Channel Down, both on price and 4H RSI terms, resembles the pattern of February.
As you see that Channel Down failed to break the Resistance level formed by the Lower High, and that discouraged buyers from accumulating, hence forcing the coin to a new round of selling. So unless that Resistance breaks, Decentraland will most likely make new Lower Lows and Lower Highs.
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🔥MANA: $1 become strong resistance! What`s next?Hi friends! The value area around $1 has become resistance for MANA. What's next?
📊On the chart we see a return to the trend line after a small bounce. This shows the weakness of the altcoin. There is also no reaction on volumes, they have stayed the same. The chance of a fall is return.
🚩Targets:
🔶1. $0.86-0.99 liquidity gap.
🔶2. $0.73-0.72 is also the liquidity gap and not a strong target, but it is worth noting, because the nearest possible support for the price is behind it.
🚩Also, a false breakdown of the first liquidity gap is possible. The $0.86-0.99 liquidity gap placed exactly under the local low and key level of $0,9 so it`s highly possible. Growth in volumes will confirm the presence of buyers.
🔥Keep in mind this 2 scenarios.
💻Friends, press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
ShortIn general, I analyzed and did not define cross-sectional fluctuations
Many charts have a similar story
DecentralandMANA/USDT update im waiting for mana to take 1.0350-1.0500 and to take sell for any new update i will post another analysis
MANA/USDT BUYING SETUP (SWING)MANA rejection after hit resistance and then going back to retest support, we can see any inverted head and shoulders pattern now correction to make right shoulders IHNS
Buy zone : 0.985 - 0.95 - 0.9
Target : 1.1117 - 1.2212 - 1.3364 - 1.4709 - 1.6668
Stop : 0.88
Decentraland (MANA) formed Gartley for upto 738% big moveHi dear friends, hope you are well and welcome to the new trade setup of Decentraland (MANA).
On a monthly time frame chart, MANA has formed a huge bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Mana - MMXM - possible distribution set upLong-term Perspective:
The Draw on Liquidity is to the downside: 0.9$ and 0,61$
anything above like the Buy Side Liquidity (BSL) around 1.137$ is short term.
=> The Plan is to look for distribution price action (MMSM) after market take out the stops around 1.137$
Intermediate-term Perspective:
The market shows already a msb after taking out intermediate-term Liquidity. Not sure if this is the final top. I want to see a stop hunt of that liquidity of one level higher (1.137$) before entering shorts.
Mana 30mins chart trade set upA was a diagonal. B has retraced .50 level. C wave coming down to complete the zigzag. Two targets measured using fibb extension as red horizontal ray.
🔥 MANA Triangle Break Out: Ready To Bounce?Over the course of several weeks now, MANA has lost a lot of its value. However, with the stock markets rallying and Bitcoin appearing strong lately, it might be time for alts like MANA to catch-up.
On the chart, we can clearly define a triangle pattern, of which MANA broke out earlier today.
Assuming that BTC will not give back its gains, I can see a short-term trend change coming to alts and therefore MANA.
Targets in blue placed at recent local tops.
MANAUSDT TRADING OPPORTUNITYLooking at MANAUSDT expecting price will fall little lower to test trendline then bounce back if you observe at AO we can see a divergence which gives confirmation for reversal
#MANAUSDT 3 trades in one chartMANAUSDT is printing inverse head and shoulder patterns while BTC is testing the 28.2k support level.
There are three cascaded trades that I am seeing right now with good risk to reward ratios.
Trades are explained in the chart.
If you take the trades... please use the SL in every one of them.
MANA is Going to Be Bullish Soon!MANA is in a Bullish Flag Pattern.The Price is gonna Increase soon But No Break out has Happened yet Be ware of that! The Pattern can also Considered a falling wedge Pattern as well which is also a Bullish Pattern. The Price is gonna Increase as much as the Flag pole or At least to the Top of Falling wedge !The Next Target and Resistance is around 1.65$.
-MANA is in a Bullish Flag
-MANA is also in a falling wedge Pattern
-(AB=CD)
-Price is gonna Reach 1.65$
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Thank you for seeing idea .
Have a nice day and Good luck
MANA - Destination LOWER-VERSE You know our preference is SANDBOX:
MANA gave us some great trades, especially the short at 3$:
and more recently at 1.2$:
Painful but hey guys: Take a tour at DECENTRALAND and you will figure t out: Nothing works there anyways, why the surprise?
One Love,
the FXPROFESSOR
