๐ฅ๐ฉMANA IS PREPARING TO MAKE THE LAST LEAP: $1 SOON?๐ฅHi, friends! MANA is a top gainer of the last week. This altcoin already makes +120-140% in a week and now reach the strongest resistance at the $0.69-0.71 value area.
If we take a look at the first value area at $0.40-0.41, it's clear how the price broke this resistance. The same I expect now too.
๐ TRADING PLAN FOR MANA:
๐ฅ false breakout of the local low which is already created
๐ฅ close the liquidity gap at $0.64-0.66
๐ฅ bullish BTC
๐ฉ I marked for you 2 liquidity gaps (yellow area) where the price will be stopped with a huge probability.
โ
THE MAIN TARGETS FOR MANA:
1. $0.84 - the key level and local high
2. $1 - the key level and even number
2. $1.12 - the key level and local high
The main reason why the price can consolidate here for some time is the retail traders that close their trades at break even after being in a loss for a few months. It can take some time for whales to absorb this liquidity and push the price higher.
๐ปFriends, press the "boost"๐ 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.
MANAUSDT trade ideas
MANAUSDTPERP - Seer is out of MANAMANA is going to be depleted. Seer still did not show the Short Order but "TEMA / VWMA / SMA" triplet shows the indication of shorts.
At the end of the day also waiting OS order triggered by the Seer Nebula.
If BTC goes for a hard fall, MANA will also follow up the avalanche of BTC
Not Investment Idea.
MANA/USDT looking for another rejection! Hey, guys โ๏ธ
Last one for today is going to be MANA coin here. Waiting for a breakdown of EMA200 and Trend here. Once we get some confirmations we are good for shorts here!
If you like ideas provided by our team you can show us your support by liking and commenting.
Yours Sincerely,
Swallow Team ๐ฑ
Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
MANA end of consolidation
MANA is one of the best performing cryptos (big caps) since the beginning of this year, with 75% of increase.
Since then, MANA has been consolidating in an ellipsoid. It seems that the end of this consolidation is coming.
On 2D TF (cf screen-shot below), buyers seem to come back because MFI and CMF values are bouncing after falling to their trendline.
As a result, a referenced swing setup (with high risk) is proposed as in chart. The breakout depends much on BTC's next moves.
In any case, If you are looking of a Long, I hope that this analysis (with levels/trendlines) can help you find a better entry.
MANA's buying pressure has eased sharplyMANA's buying pressure has eased sharply after breaking the corner pattern, and one of MANA's short-term resistances at the $0.75 range has reacted negatively over the past two days.
As long as the marked strong resistance is not broken, its correction potential is higher. Minor support is considered at the $0.69 range, and these ranges are considered minor levels.
We can expect a trend continuation or a deeper correction if there is any break.
Safe ranges as a support are $0.460 to $0.540, and second support at $0.400 to $0.425.
With Mana trending upward on the daily timeframe, there is potential for it to reach higher targets in the $1 range after the price correction.
MANA 1Hanalysis
MANA/USDT/PERPETUAL/BYBIT/1H
In this time frame, the price is moving in an upward channel and has been able to grow up to the range of 0.618 Fibonacci, according to the drawn channel, we expect the price to correct itself to the bottom of the channel, i.e. the range of 0.382 Fibonacci, then in case of support From the expected price, we will have an impulsive movement first up to the range of 0.618 Fibonacci, then up to the range of 0.886 and 1 Fibonacci, which is the ceiling of the drawn channel.
Price targets:
0.7005 - 0.7450 - 0.8270
MANA/USDT going down!!!Hey, guys โ๏ธ
Last coin for today is going to be MANA/USDT pair. We are going to look for a short position here as we got rejected from that upper trend zone. most likely we will head towards 100 and 200EMA zones
If you like ideas provided by our team you can show us your support by liking and commenting.
Yours Sincerely,
Swallow Team ๐ฑ
Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
MANA Head & Shoulders in Print!MANA is sitting in a potential Head and Shoulders pattern with the right shoulder in print.
BTC is bouncing off a SR Flip level so potential upside to 0.81 levels off the falling wave .
On Break and bearish retest of Head and Shoulders neckline, potential downside target to 0.436 levels/zone.
Always have Plan A, Plan B and since fairly high time 4h, chart can be archived in list for multiple moves.
If you liked this idea or if you have your own opinion about it, write in the comments.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations.
SasanSeifi ๐โโ๏ธMANA/USDT : 6H UPDATE 21%๐ฅโโ
ALL TARGETS REACHEDHIโ๐As mentioned in the previous analysis, the price faced buying pressure from the important support area of 0.61 and was able to grow 21%๐ฅโโ
ALL TARGETS REACHED
โ (DYOR)...โ โ
WHAT DO YOU THINK ABOUT THIS ANALYSIS? I will be glad to know your idea ๐โ
IF you like my analysis please LIKE and comment ๐โ
MANAUSDT Elliott Waves Analysis (Local Expectations)Hello friends.
Please support my work by clicking the LIKE button๐(If you liked). Also i will appreciate for ur activity. Thank you!
Everything on the chart.
Entry: market and higher
Target: 0.64 - 0.56 - and maybe even ~0.52
after first target reached move ur stop in breakeven
Stop: ~0.85 (depending of ur risk). ALWAYS follow ur RM .
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.
MANA has been in a range over the past two weeksMANA has been in a range over the past two weeks, and its bullish move was halted when it reached the $0.80 range resistance. Because a strong retracement of the resistance range has occurred without a pullback, the potential for a price correction to at least the $0.55 support area has been created. Also, we could consider the ascending channel as a corner pattern, which with the confirmation of the pattern from the bottom, the last target is in the range of $0.57.
Now the resistance that is considered in the range of $0.75 is the range above which we cannot expect a bullish trend in the 4-hour timeframe if a strong reversal is not registered above it. The first support of MANA is considered in the range of $0.458 to $0.540. One of the strongest near-term supports is the $0.402-$0.425 range, which is unlikely to see a deep correction given the strength of the uptrend.
SasanSeifi ๐โโ๏ธMANA/USDT : 6H UPDATE 11% ๐ฅHI TRADERS โ As mentioned in the previous analysis, the price faced buying pressure from the important support area of 0.61 and was able to grow 11%. The previous analysis is still valid.Maintaining the demand range is important for a positive trend.๐ถ
In case of further correction, targets in the range of 0.44/0.48 can be considered.
The important resistance range is 0.74/0.76๐ถ
โ (DYOR)...โ โ
WHAT DO YOU THINK ABOUT THIS ANALYSIS? I will be glad to know your idea ๐โ
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MANA 2 Bearish Pattern ๐ค๐ป๐ค๐บ๏ธ๐ค๐ปHi dear traders
After breaking the Ascending Wedge pattern, the price lost the 0.7 support.
Now the pattern of cup and handle reveals can be seen.
Two bearish pattern forming.
If it is confirmed, and the support area is broken, the price will go down to the specified areas.
The most important daily support area is 0.5478
Let's see what happens
This is not financial advice ( DYOR )
Good luck
MANA CAN DROP MOREHi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the MANA symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
SasanSeifi ๐โโ๏ธMANA/USDT : 6H LONG from 0.64/0.61?๐คHIโ The Possible scenarios of #MANAUSDT is specified on the chart,As you can see, the price after the correction from the range of 0.82 has faced positive fluctuations. In the desired scenarios, if the price penetrates above the range of 0.70, the possibility of growth up to the specified supply area can be considered; otherwise, the price may be corrected up to the range of 0.64/0.61. Maintaining the demand range is important for a positive trend.
In case of further correction, targets in the range of 0.44/0.48 can be considered.
โ (DYOR)...โ โ
WHAT DO YOU THINK ABOUT THIS ANALYSIS? I will be glad to know your idea ๐โ
IF you like my analysis please LIKE and comment ๐โ