MANAUSDT trade ideas
MANA with BULLISH divergence MANA in USDT pair, prints a bullish divergence in daily timeframe, yet the bearish flag is not to be ignored too!
Anyway I'm mostly bullish with MANA and if it can regain two resistance lines at 2.1958 and 2.3524, next stops will be " 2.85 , 2.99 , 3.47 and 3.61 " , so keep an eye on it.
Trade Safe ...
MANA STRONG ACCUMULATIONBINANCE:MANAUSDT
As long as we stay above $2 and the 168 SMA we are in an accumulation phase. Means BUY (for long term HOLD)! But make sure you save some spare $$$ in case BTC drops below 36 000, that will drag the whole market down to a macro low. I'm holding long spot. DYOR.
Stay blessed.
MANAUSDT, We are moving in downward trendHello everyone
Mana is one the most powerful project that is working on Metaverse . Before any do in market and buy anything go and check fundamental of project then gambling on your capital.
According to the chart, the price is moving in downward trend and this means that the price desire to go more down and we expect that if this downward trend wanna continue the price can reach to the PRZ Level and that point the price has support and has some movement to upwards but until the trend isnt change to upward it better to dont take any long position for long time .
Dont forget use stop loss if you wanna take short position from here and observe to your capital management
If you anyone have question can ask us to help yourself
Be lucky guys
Abtin
Previous analysis :
MANA- divergence or bear flag?Hello everyone
On daily chart on MANAUSDT we can see a bear flag pattern appeared and we have good amount of shadow on our last couple of candles, So I believe it is safe to say there is a possibility of a bear market here,but where is the next support level ??
We also can see a divergence happening on daily chart. All I can say here is that I hope the divergence works and not the bear flag.
Our current support level is 2$ and resistance level of 2.2$ on daily chart.i guess it's safe to say 1.8$ is our next possible support level.
💡Don't miss the great buy opportunity in MANAUSD @decentraland
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (2.1111).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. MANAUSDT is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 49
Take Profits:
TP1= @ 2.2406
TP2= @ 2.3572
TP3= @ 2.5255
TP4= @ 2.6673
TP5= @ 2.8482
SL= Break below S2
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💡Don't miss the great buy opportunity in MANAUSD @decentraland
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (2.1111).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. MANAUSDT is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 49
Take Profits:
TP1= @ 2.2406
TP2= @ 2.3572
TP3= @ 2.5255
TP4= @ 2.6673
TP5= @ 2.8482
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️