$MANTASpot buy for MANTA with target around $2.5
I placed my stop loss at below $0.888
Please DYOR before take a position or make a decision and always manage your risk.
MANTAUSDT.P trade ideas
NFA what a great BUY hereManta Network is a blockchain platform that focuses on zero-knowledge (ZK) applications and privacy-preserving identity solutions. Here are some key points about Manta Network:
Manta Pacific: This is the first EVM-equivalent ZK-application platform within Manta Network. It combines scalability and security through Celestia DA and Polygon zkEVM. Developers can build and deploy ZK applications and decentralized apps (dapps) on Manta Pacific.
Universal Circuits: Manta Pacific offers Universal Circuits, a ZK library that allows developers to easily call ZK-enabled contracts for existing Solidity smart contracts and dapps. These circuits include zkContracts like zkShuffle, which is useful for on-chain gaming.
Low Fees, High Scalability: Manta Pacific leverages Celestia and a modified OP Stack to provide extraordinary scalability with low gas fees. This makes it an attractive environment for developers.
Non-Invasive Compliance: Manta Network’s zkSBTs (zero-knowledge selective disclosure-based tokens) allow trustless, decentralized verification without exposing sensitive details. For example, zkBAB and zkGalxe Passport enable seamless on-chain KYC verification without passport scans or personal information entry.
Ecosystem Grants Program: Manta encourages new use cases to solve real-world pain points. The Manta Ecosystem Grants Program supports projects across DeFi, gaming, social, and more.
The current price of MANTA is around $1.03 per token, with a 24-hour trading volume of $29.14 million. Keep in mind that cryptocurrency prices can be volatile, so it’s essential to stay informed if you’re interested in investing or participating in Manta Network.
MANTAThere is a sideways exit and a division on both sides, I think that the asset is ripe for growth and reaching new highs, I indicated the goals on the chart, like it if you like the idea!
Trade Idea "MANTA"Breakout Accumulation Zone with volume, Retest.. Blackrock Sentiment always good for Market
MANTA head forward to $1.24Officially Blackrock funded Manta.
We all know the Blackrock Effect to certain Coin.
So this is the beat chance to buy Manta because Manta will be $8 Soon.
Is MANTAUSDT aiming lower?Hi there traders
We received a new signals from the EnF Breakout Strategy:
SHORT on MANTAUSDT
See idea for breakout entry, targets and stoploss
Only enter the trade when the price breaks below entry
Check out more on the script:
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Manta - Possible Cup and Handle Formation - LONGJust my idea of Possible Cup and Handle Formation in BINANCE:MANTAUSDT
Long Position
MANTA best time for buy ....hello dear trader
manta now in the supourt area on fibounachi on dayli timeframe
after price hit new HH above the supourt area we can buy this coin
dont forget this : manta one of the best crypto project
good luck
MANTAMANTA is in accumulation zone.If it break this trendline it will move upward.I will do DCA on it.
Targets are 4$ , 5$ .8$ , 13$.
MANTA looks bearishFrom where we placed the red arrow on the chart, the MANTA correction has started.
The pattern seems to be a diametric and we are now at the end of wave E.
It is expected that the corrective phase of MANTA will continue.
The two vertical lines on the chart are the approximate time of completion of wave E of the diametric
Closing a daily candle above the invalidation level will violate the analysis
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
MANTAUSDT.P Analysis: Potential Rebound OpportunitiesDaily Chart (1D)
Current Price: 1.58
Bollinger Bands (BB 21, 2):
Lower Band: 1.5142
Middle Band: 1.7121
Upper Band: 1.9101
Broken Support: 1.7112
Resistance: 1.8436
Observations:
The current price is 1.58, which is below the middle Bollinger Band (1.7121), indicating a downward trend.
The price has recently broken below the key support level at 1.7112, which now acts as a resistance.
The nearest resistance level is 1.8436, providing an upward target if a reversal occurs.
4-Hour Chart (4h)
Current Price: 1.58
Bollinger Bands (BB 21, 2):
Lower Band: 1.4170
Middle Band: 1.6571
Upper Band: 1.8973
Support: 1.4916
Resistance: 1.6309
Historical Resistance (7th June 2024): 1.7958
Last Oversold: 7th June 2024, price was below 1.7720
Observations:
The current price is 1.58, which is below the middle Bollinger Band (1.6571), indicating a bearish sentiment.
There is a support level at 1.4916, providing a potential base for a rebound.
The nearest resistance level is at 1.6309, and a historical resistance on 7th June 2024 at 1.7958.
Combined Analysis
Short-Term (4h) Scenario:
Bullish Rebound:
If MANTA can hold above the support level at 1.4916, a potential rebound could target the middle Bollinger Band at 1.6571.
Further strength might push the price towards the resistance at 1.6309 and possibly towards the historical resistance at 1.7958 if bullish momentum continues.
Bearish Continuation:
Failure to maintain above the support level at 1.4916 could lead to further declines, possibly testing the lower Bollinger Band at 1.4170.
Long-Term (1D) Scenario:
Bullish Rebound:
If MANTA can recover and break above the broken support (now resistance) at 1.7112, it could target the middle Bollinger Band at 1.7121 and the resistance at 1.8436.
Sustained bullish momentum could push the price towards the upper Bollinger Band at 1.9101.
Bearish Continuation:
If the price fails to reclaim the 1.7112 level, downward pressure might persist, with the next significant support at the lower Bollinger Band at 1.5142.
Conclusion
Bullish Scenario: In the short term, if MANTA can hold above the support at 1.4916 and recover towards the middle Bollinger Band (1.6571) on the 4-hour chart, it could signal a potential rebound. Long-term, breaking above the resistance at 1.7112 could target the middle Bollinger Band (1.7121) on the daily chart.
Bearish Scenario: A failure to maintain above the 4-hour support at 1.4916 could lead to further declines towards the lower Bollinger Band (1.4170). On the daily chart, continued weakness below 1.7112 might see the price testing the lower Bollinger Band at 1.5142.
Monitoring these key support and resistance levels, along with Bollinger Band movements, will provide insights into the potential direction of MANTAUSDT.P's price action.
Disclaimer:
This analysis is for informational purposes only and should not be considered financial advice. Trading cryptocurrencies involves significant risk, and you should consult with a qualified financial advisor before making any investment decisions.
MANTA Targets + SignalI don't know much about this project..i need to do my homework *fundamentals matter in the end- however i like the chart. And more the BNB pair chart. Spotted a nice signal there. 🎯
MANTA/USDT: Bullish Breakout with Target Zones**
**Chart Description:**
This analysis of MANTA/USDT on a daily chart showcases a recent bullish breakout with key support and resistance levels identified. The chart highlights significant price levels and provides a potential future price trajectory, indicated by the red arrow.
**Key Features:**
- **Support Levels:** Key support is identified at $1.742 and $1.516, which have previously provided strong buying interest and prevented further declines.
- **Resistance Levels:** Significant resistance is marked at $2.026, where selling pressure may increase.
- **Volume and RSI Analysis:** The volume indicator shows increased trading activity, supporting the recent price movements. The RSI (Relative Strength Index) is at 68.138, indicating bullish momentum but nearing the overbought zone.
**Technical Outlook:**
The current setup indicates a bullish sentiment with the price breaking above previous resistance levels. If the price continues to hold above the support at $1.857, we could see a move towards the $2.026 resistance level. Traders should watch for a breakout above $2.026 for confirmation of the bullish trend continuation.
**Price Projection:**
The red arrow suggests a potential upward movement, with prices expected to reach up to $2.026. If this level is breached, the next target could be around $2.633, as indicated by the green resistance zone.
**Conclusion:**
Traders are advised to monitor the support and resistance levels closely and look for bullish signals above $1.857. A sustained move above $2.026 could open up further upside potential towards $2.633. However, caution is advised as the RSI is nearing the overbought zone, indicating the possibility of a short-term pullback.
$MANTA long ideaWe can see that EMAs (ema200 & ema50) are acting as support here
We can risk to LONG at cmp and leave room for dca
So long as we're holding 1.80 to 1.77, I'm expecting an expansion towards 2.25 to 2.37 area
Will have to see if we can tap our higher targets
Expect a rejection at $2, de-risk or take profit in case will get a strong rejection at this level then look for re-entry
LONG MANTAManta is a project that I've been paying attention to since its launchpad that took place during the last bull run. A good launch and proper pullback may be a good buying opportunity.
Manta ReversalThe main trend shows a sharp decline from a high of around $3.50 to a low of around $1.40 before the price begins to consolidate and a new pattern forms. There is a strong resistance area around $1.78 to $1.90 (blue area). Price has tried to break this level several times but is still stuck.
Price Movement :
Falling Wedge: There is a falling wedge pattern that has broken upwards, which is generally considered a bullish pattern. This pattern provides an indication that the price has the potential to rise further. Right now, Manta has succesful breakout of falling wedge and forming ascending triangle as a continuation pattern. The price is around the EMA 21, which indicates consolidation and potential further directional movement.
There appears to be a Fair Value Gap (FVG) in the area of around $2.00 to $2.40. If the price manages to break through the current resistance, the next target will likely be to fill this gap.
Profit Target
TP 1: Around $2.10, based on measurements from the falling wedge breakout
TP 2: Around $2.40, the upper area of the Fair Value Gap (FVG).
Stop Loss: Around $1.66 or slightly below the 21 EMA to reduce risk, around $1.65
Med Term Manta prediction 50-100% possible gains!So far OMXHEX:MANTA coin doing well but it is too reactive to CRYPTOCAP:BTC moves. As long as there is not big BTC crash we should reach these target in no time! When this coin moves , it really moves fast and decisive!
MANTA - FAKEOUT FROM DAILY TRIANGLE PATTERN ! MANTA Network (MANTA), a privacy-focused DeFi project, has recently exhibited a bullish breakout that suggests significant price appreciation in the coming weeks and months. The token broke out of a descending triangle pattern, signaling a potential trend reversal and a surge towards its all-time high of $10.
Deceptive Breakout and Liquidity Sweep:
MANTA's price action initially appeared to break down from the triangle pattern, reaching a low of $1.70. However, this move was likely a deceptive maneuver to shake out weak holders and accumulate liquidity at lower prices. The subsequent sharp reversal and breakout confirmed the bullish intent behind the price action.
Liquidity Imbalance as the Only Hurdle:
With the triangle breakout successfully executed, the primary obstacle to MANTA's upward trajectory lies in the form of a liquidity imbalance around the $2.20 to $2.50 price range. Once this imbalance is absorbed, MANTA is poised for a unimpeded run towards its $10 target.
MANTA Network: A Privacy-Focused DeFi Solution:
MANTA Network is a decentralized finance (DeFi) protocol that offers privacy-preserving solutions for lending, borrowing, and stablecoin issuance. Its unique privacy features address a critical need in the DeFi space, where transparency can sometimes expose users to financial risks and identity theft.
Key Features of MANTA Network:
Private DeFi Transactions: MANTA utilizes zk-SNARKs, a zero-knowledge proof technology, to shield transaction details, protecting user privacy.
Decentralized Governance: MANTA is governed by its community of token holders, ensuring a transparent and democratic decision-making process.
Diverse DeFi Products: MANTA offers a range of DeFi products, including a privacy-preserving lending protocol, a stablecoin issuance platform, and a decentralized exchange (DEX).
Conclusion:
MANTA Network's recent breakout from the descending triangle, coupled with its strong fundamentals and privacy-focused approach, positions it as a promising investment opportunity in the burgeoning DeFi sector. With the liquidity imbalance around the $2.20 to $2.50 price range as the only significant hurdle, MANTA is well-poised to embark on a significant upward trajectory towards its $10 target and potentially beyond.
#MANTAUSDT T:F 4 HOURS
#MANTA has formed a DESCENDING TRIANGLE PATTERN which is often considered as a BREAKDOWN PATTERN.
However, the price got SUPPORT from the historical SUPPORT ZONE at $1.4 - $1.5 and it may try to move UP & break the UPPER TREND LINE RESISTANCE!
Until then let's WAIT & WATCH
Hit 🚀 if you guys want more Crypto Pairs analysis.
#MANTA #analysis #crypto #thesoumyoroyanalysis
Manta bullish signBreakout done
Entry activated
Use small time frame for re-entry
Target 🎯 1st - 2.1500
Target 🎯 2nd - 2.5000
Trade Idea for Manta Network (MANTA) - Accumulation StrategyManta Network (MANTA) is currently trading around $2.00, making it a notable player in the privacy-focused blockchain space. Manta Network aims to provide privacy-preserving transactions using zk-SNARKs technology, ensuring users' data security and confidentiality on the blockchain.
Start building a position at the current market price of around $1.70. This level offers a strategic entry point considering the project's potential and current market valuation.
Plan to accumulate more MANTA tokens if the price drops to $1.60 and further to $1.40. This approach allows for averaging down the entry price and maximizing exposure during market dips.
Set take-profit targets at $2.70, $3.45, and $3.90. These targets are chosen based on anticipated resistance levels and historical price movements, aiming to capture significant upside potential.
Manta Network is focused on enhancing privacy for DeFi users by integrating advanced cryptographic techniques. Its unique approach to privacy in the decentralized finance sector positions it as a critical player as privacy concerns continue to rise in the blockchain space.
The broader cryptocurrency market trends and increasing interest in privacy solutions can drive demand for MANTA tokens. Monitoring developments and partnerships within the Manta Network ecosystem will be essential to adjust the investment strategy accordingly.
Accumulating MANTA at strategic price points leverages market volatility and the project’s promising fundamentals in the privacy space. The phased profit-taking strategy aims to optimize returns while balancing risk.
This trade idea is based on the current market data and Manta Network’s strategic positioning as of May 2024. Cryptocurrency investments carry inherent risks, including the loss of principal. Investors should conduct their own research and consider their financial circumstances and risk appetite before engaging in cryptocurrency trading. This analysis is not financial advice.
MANTA, Go long on break of trend line.Go long on break of trend line. Target Monthly Pivot above.
SL goes below the lows.
If the price breaks the low, wait for a new setup.
