Manta looks bullishAs you can see in the chart below, the manta breaks its symmetrical triangle. this pattern usually follows the preceding trend and is like an accumulative zone. so, what to do now? again look at this chart below the target of this pattern is equal to its height and it can reach 1.68 of my resistance green lines from the Fibonacci retracement in the chart both are 5 $ area. DYOR
MANTAUSDT trade ideas
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It is moving inside a symmetrical triangle and breakout is coming. It will make a new ATH soon.
MANTAUSDT.PHello Trader BINANCE:MANTAUSDT.P
call the 4h area there is a strong bounce, can be used as a benchmark, hopefully it will not be an atl (all time low) under the dip there is another dip, install the area for spot or swing trade, this is good 50% reward and 6% stop loss.
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Disclamer: Not Financial Advice
MANTAManta should go sideways or slightly down and then we go up for 2x. This is a new coin meaning it's high risk, but it's in most major exchanges so I don't think it will crash.
The move might take about 1-14 days to happen. slightly better price than current one is still possible so I would slowly buy in.
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🚀📉 MANTA Support and Resistance Levels! 🎯💹📊 Analysis:
Current Level: Returned to the support at $2.73.
Upward Trend: Aiming for the next resistance at $3.47.
Crucial Level: Clearing and holding above $3.10 is important.
Next Resistance: Positioned at $3.81.
Lower Support: The wick stopped at $2.30.
📈 Trading Strategy:
Action: Monitor for a sustained move above $3.10.
Targets: Consider resistance areas at $3.47 and $3.81.
Risk Management: Be aware of lower support at $2.30.
🚨 Note: Stay adaptable to market dynamics for effective decision-making! 🌐🔍 #MANTA #CryptoAnalysis #SupportResistance 📊💱
Strong currency but under selling pressureThis currency can have a good future due to its strong fundamentals, but I think it will experience a further price drop in the short term. According to the bearish flag pattern and the breaking of the bottom of the flag channel and pullback to it, it is on the verge of further decline. Note that the token release will happen in two more days. The only positive point is the return of the RSI to the middle and the possibility of its return to the top. I hope this happens
MANTA target 5.24h time frame
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MANTA is suffered from deep dump today. However, there is a strong support since January, MANTA always bounded once touched the uptrend line. Due to less data of candles, we can only use Fibonacci Extension to estimate the final target, which is $5.
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TP: 3.73 / 5.2
SL: 2.74
MANTA On key levelMANTA is approacing main support trendline. We basically have two options here (As always): bounce the trendline aiming for resistance zone at 3.16 or break the trendline and going to support zone at 2.5. Considering the ETH possible weakness, i expect the short. Trying new color setup, do you like it? I think it's more clear