MANAUSDT trade ideas
MANA/USDT Could MANA Breakout the crucial area ?? Or rejected💎 MANA has been a prominent player in the market, facing challenges in overcoming the supply area. Recently, MANA experienced a false breakout and is currently striving to regain its position above the supply level. A successful breach of this resistance could probability lead to a significant upward trend, with the bearish OB area being the next anticipated target.
💎 However, if MANA fails to achieve a breakout and remains in consolidation at this resistance level over the next few days, there's a likelihood of facing another rejection. This could result in MANA reversing its course back towards the demand area.
💎 In the demand zone, a strong response is essential for MANA. If it fails to demonstrate a significant rebound from this zone, there's a risk of breaking down further. Such a scenario could signal a shift back to a bearish trend for MANA, potentially leading to a descent towards a stronger support area.
Be careful crossing the bridge!The probability of growth for this currency is higher, but it is possible to have a correction to the first support range.
If the first support range is lost, the most important support range is the price of 0.4646, the possibility of growth from this range can be higher, but if this range is broken, this pattern, i.e. the corner pattern, will be formed and we can see more fall.
Therefore, if it reaches the second support range, the analysis should be updated.
But what is possible for now is a rise to the first resistance area, which is the price of 0.5498
5000 to 60000 $🚨‼️ Dear friends and companions, there is no way to continue my challenge with the name of $5000 to $60000
By examining the artificial intelligence project of Rose, I will enter into a purchase transaction in two stages marked by green lines, and exit the transaction in a period of 6 to 10 months in red lines 🤑
2024 or 2025
Mana LongI am already long in Manausdt from bottom posted about it in my Detailed Bitcoin Idea(Linking Below).
But if this gives me trigger i am trading this separately with good margin.
Possibly this is going to copy paste inversely.
Entry 0.4960
TP1 0.5350
TP2 0.5700
Stoploss 0.4890
Trade Type: Aggressive and Risky
Note: Not a Financial Advice.
MANAUSDT Elliott Waves AnalysisHello friends.
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Everything on the chart.
Targets: 0.5 - 0.53 - 0.57
after first target reached move ur stop to breakeven
Stop: ~0.33 (depending of ur risk). ALWAYS follow ur RM .
RR: 1 to 3
risk is justified
Good luck everyone!
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It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions
take off?
RSI:
If the resistance of 62.78 is broken, it could be a sign of strong buying pressure in the market.
Analysts:
The downward trend line has been broken and has reached an important resistance level. If the 0.4868 level is broken, we can expect a 56% move up.
Volume:
In the past 43 days, buying pressure has been strong and the price has met resistance with good volume. There is a possibility that the price will test this range again before moving higher.
MANA/USDT Anticipating Bullish Momentum?👀🚀MANA Today Analysis💎 Paradisers, direct your attention to MANAUSDT as it exhibits a notable pattern, suggesting a strong probability for a bullish move.
💎#MANA historical performance reveals a tendency to adhere to a descending channel pattern, with a break above leading to an upward trajectory. Presently, it is demonstrating a bullish stance. The critical level to watch is $.4244; maintaining momentum at or above this level could indicate a bullish continuation.
💎Should it fail to hold, the next focal zone is at $.3931, aligning with the observed pattern trajectory. #MANA sustained upward momentum is targeting a resistance level at $.4968, with the potential to rise further towards supply levels at $0.6932.
💎 Furthermore, prepare for a potential bullish resurgence from the support level of $.3581 if #MANA does not sustain its upward momentum. A drop below this level could raise concerns about the viability of the ongoing bullish trend.
💎 In the current dynamic and fluid market environment, strategic planning and discerning decision-making are critical. Developing a comprehensive trading strategy, incorporating effective money management, and a deep understanding of support and resistance levels, is essential for achieving sustained trading success. 🌴💰