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MANAUSDT trade ideas

MANAUSDT AB=CDAB=CD The AB=CD pattern is easy to identify on charts and consists of 2 equivalent price legs. It has specific Fibonacci measurements of each point within its structure, eliminating room for flexible interpretation. The C point must retrace to either a 0.618 or 0.786 and the BC projection is either 1.27 or 1.618. When the BC projection and the AB=CD completion converge closely and define a small area, the chance of a reversal increases. The first target would be the 382 retracement of AD and the second target the 618 retracement of AD. A common stop level is behind a structure level beyond the D point. Conservative traders may look for additional confirmation before entering a trade, for instance an aligning RSI value or a specific candlestick pointing at a reversal. TradingView has a smart ABCD Pattern drawing tool that allows users to visually identify this pattern on a chart. There are several variations, based on CD being an extension of AB such as the 1.27 AB=CD or the 1.618 AB=CD pattern.
by UnknownUnicorn38199698
MANAUSDT ! Retest resistance. Ascending channel. What's next?🤔MANAUSDT forms a breakout of the trading range after repeatedly testing the upper boundary at 0.9358. On the chart, I have marked the price movement as from 0.7550, the price forms an upward price channel and is momentarily testing the resistance at 1.0475. I assume as the price comes back to retest this level, there is a good chance that the price could break it. The local trend is uptrending and the trend change was confirmed earlier. Key targets: the short-term target is the resistance at 1.1615, the medium-term target is the resistance at 1.3447 Regards R.Linda!
Long
by RLinda
8
MANAUSDT Short Term Price ForecastLooking at the Rounding Bottom Pattern smoothly drawn in the Price Action of MANAUSDT in the 4h TF, we are likely goin to see a Rally Upward (Considered that BTC Play the Bullish Scenario). In an other angle looking at the Visible Range Volume Profile Indicator (VRVP) We can notice the concentrated POC (Point of Control) Stressing out to the Major Lower Ascending Resistance Line. We Watch Out For The Two Directions and Get in After we Confirm one of them.
by Mr_024
DECENTRALAND (MANAUSDT) close to the round number ✔️Hello 🐋 Based on the chart, the price is close to the major support (bottom) or better to say the previous zone that started its amazing pump to the upside and the round number $1 resistance that many times stop the price from more gain ✔️ if the price breaks the round number to the upside, we will see more gain beside the range market is an acceptable scenario too 📖💡🚀 and if the price breaks the range area to the upside, we will see more gain 🚀 Please, feel free to share your point of view, write it in the comments below, thanks 🐋
Long
by MadWhale
3