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MANAUSDT trade ideas

MANA/USDT 2HOUR UPDATE BY CRYPTOSANDERSWelcome to this quick MANA/USDT analysis. I have tried my best to bring the best possible outcome in this chart. Reason of trade:-MANA/USDT falling wadge pattern and look bullish movement and buy the green zone Entry:- $2.39,$2.45 Traget:-35% TO 40% Stop loss:- $2.31 with leverage:- 5x to 10x Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade. Happy trading. Sorry for my English it is not my native language Do hit the like button if you like it and share your charts in the comments section. Thank you.
Long
by CryptoSanders9563
2
MANA Short Position to 1.85 $Mana CryptoCurrency has created a "Head and Shoulders" pattern at the end of its short-term uptrend, with the price now complementing the pullback to the pattern neckline. This is an opportunity to enter a safe sell position if you see a price reversal from the neckline range with a Stop-Loss above the neckline stabilization and Targets based on 0.38 and 0.5 Fibonacci in the previous wave (equivalent to $ 2.3 for Considered the first Target and $ 1.85 for the second Target). Do not forget that Mana is the largest cryptocurrency in Metaverse and due to the positive atmosphere of Metaverse Projects this year, it can change the way rapidly as the market expands. So always pay attention to the status of bitcoin during the position. This is a personal comment.
Short
by SasanSeifi
1
MANA in a wedgeThis is cleary a wedge in the forming, I've drawn an hypothetical trajectory looking at VLPR. This is a 3 days timeframe but even the daily candlestick presents that kind of bullish shape, if it closes like that we should see a rise and then I think price should go down again because volume is low and VLPR shows there are not many transactions here. Note that few transactions mean price moves very quickly so should someone buy here we could even see a breakout attempt but I don't think it'll be the case as metaverse coins are suffering. If I'm right and you want this stuff you should place some bit between 1.9 and 1.6 USDT and let it ride. Good luck
Short
by Shotokhan
MANA enroute to Delicious Buy ZoneMulti Timeframe Analysis Hint: SAND and MANA are among the top Metaverse coins. SAND is ready for a rebound at 2.12. Gartley and Anti Nen Star harmonic patterns plus strong demand zone denoted by a spike in volume profile at 2.12 USD indicate that MANA might not drop further beyond this level. If you're accmulating, now is the time. I hold MANA long term but for short term holders, feel free to sell at 3.96. Profits are always good ------ Market order position upon the confluence of valid entry rules on the 4H or 1H chart. -=ENTRY RULES=- Trading philosophy: Don’t short at the lowest of the bearish momentum nor do we long at the peak of a bullish impulse. The safest entries are at the end of a retrace on the 38.2%, 50%, 61.8% or 78.6% fibonacci back in the direction of the master trend. Note: I use Daily/4H or 4h/1H market structures with wave analysis to prep for potential entries. The RSI , MACD and EMA indictors are confirmation for entries at the 4H or 1H timeframe For SHORT: 4H chart should confirm that the bullish retrace had turned bearish in the direction of master trend. The MACD should have dropped below zero signifying a bearish environment. Price would have dropped below the 10 and 20 EMA . For good measure, check that the 4h and D1 RSI is below the 50 signal line For LONG: 4H chart should confirm that the bearish retrace had turned bullish in the direction of the master trend. The MACD should have gone above zero signifying a bullish environment. Price had gone above the 10 and 20 EMA . For good measure, check that the 4h and D1 RSI is above the 50 signal line About me I am not a financial advisor nor a signal provider. These are the opinions of a 20-year private trader in the legal profession as well as a businessman diversified in the tech and hospitality industries. My favored tools of the trade include wave analysis, price action on the 4H to Weekly timeframes and institutional order flow.
by PlazoSullivanRocheCapital