Mana bearish triangle going to 0.63Mana has printed an descending triangle with decreasing volume, according to my strategy this is a book short. As you can see in the chart mana failed to break through 1.35$ level witch is a strong resistance and then the price kept decreasing till the 1.02$ drawing the mentioned pattern.
I will use volume as confirmation for this pattern because in my opinion decreasing volume precedes a big move.
It is not wise full to see the pattern an then rush in crazy mode. I think that it would be nice to wait to see a 4h close below the 1.02$ level before entering.
And of course you always have to take in to account the Bitcoin situation, if Bitcoin pumps it is going to ruin this setup.
Now we have two choices to enter :
-Enter now at 1.026$: with stop loss at 1.063$.
-Enter at the 4h close blow 1.02$ with stop loss at 1.06$.
-Enter in the retest of the breakdown if there is one with the same stop.
The targets are previous low 0.636$ and past low 0.368$.
I will personally enter now at 1.02$ with stop loss at 1.063$ with a 5%(0.968$) profit i will move the stop loss to entry.
Regards and happy trading.
MANAUSDT_0BF6D9 trade ideas
If X happens, short. if Y happens LongTrade according to the scenario at hand. The full breakdown did not happen as I initially thought. There seems to be a lot of hesitation in the bear camp as shown by the sustained uptrend here. The latest uptrend happens to be within an ascending triangle so we will wait for confirmation on either end before trading a direction.
This has turned from a dead cat into a potential short term bottom, depending on what happens next
#MANA/USDT 2HOUR UPDATE BY CRYPTOSANDERS !Hello members welcome to MANA/USDT 2hr chart update by CRYPTOSANDERS.
I have tried my best to bring the best possible outcome in this chart.
As we can see from the above-mentioned chart that MANA/USDT brack the inverse head and shoulder pattern create and broke the neckline and retested the green zone and the current scenario we are expecting that get will go up all the way to $2.50 means almost 130%.
So if it moves to the green zone again then it will be the zone to go long on MANA/USDT
entry:-$1.0732,$1.1308
target:-130%
stop-loss:-$1.0061
with leverage 5x to 10x
Sorry for my English it is not my native language.
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Do hit the like button if you like it and share your charts in the comments section.
Thank you.
MANA/USDT Short-term bullish sign!Hey Colleagues,
Today we came across MANA/USDT. We see a great short-term opportunity for this coin to have a major pullback back to the $1.45.
There are two scenarios for this coin but both would have same outcome:
1) We move to $0.83 from where we would bounce back up.
2) We will move to $1.34 where we would try to break the resistance and make from it our new support.
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Yours Sincerely,
Swallow Team
Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
🆓Decentraland (MANA) May-19 #MANA $MANA
The $1 zone is a very important support for MANA at the moment, MANA can still turn up strongly from this zone. However, we should be careful because if it loses this support it will face a sharp drop towards $0.7 or even $0.5 before recovering. However, the current price zone is still very good for long-term accumulation. Pay attention to capital management and risk management to avoid unnecessary losses in the near future
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 1$ zone
🔴Buy : 1
🔴Sell : 1.2 - 1.4 - 1.7 - 2
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 1$ zone
🔵Sell : 1
🔵Buy : 0.7 - 0.5
❓Details
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
TS ❕ MANAUSD: turned downMANA has turned down below the level of 1.1993 and is heading towards the support level of 1.054.
SELL scenario: short to 1.054.
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
[ALTCOIN] MANAUSDT FALLING WEDGEHello, everyone
We're a team that specializes in chart analysis
We will always analyze and provide you with charts to help you sell
There are so many trading laws and there are so many good technologies that come with them, but I'm confident that the trend line is really strong.
If you read the point of view and get to know the line, every line will adjust
Thank you.
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Chart Analysis Content -
FALLING WEDGE
MANA - Intraday Short (we hedge)Hi everyone, market is recovering but we always need to hedge with some short positions.
So, here you go with a MANA short we take today.
remember: we are BULLISH at the moment and Long on BTC, FTM,SOLANA, GMT so we need to hedge.
May this idea not go well for us but we ALWAYS need to be careful:
One Love,
the FXPROFESSOR
TS ❕ MANAUSD: double topMANA formed a double top at the resistance level and bounced down.
I expect the fall to continue.
SELL scenario: short to 0.054.
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
#MANA/USDT 1HOUR UPDATE BY CRYPTOSANDERS Hello, community members welcome you all to this MANA/USDT 1hr chart analysis.
mana/usdt1hour analysis and cup and handle complete and buy green zone.
leverage:-5x to 10x leverage
entry:-$1.11,$1.16
target:-60% to 80%
stoploss:-0.9910
Remember: This is not a piece of financial advice. All investment made by me is at 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...
thank you...