MANAUSDT
DECENTRALAND (MANAUSDT) close to the round number ✔️Hello 🐋
Based on the chart, the price is close to the major support (bottom) or better to say the previous zone that started its amazing pump to the upside and the round number $1 resistance that many times stop the price from more gain ✔️
if
the price breaks the round number to the upside, we will see more gain beside the range market is an acceptable scenario too 📖💡🚀
and
if the price breaks the range area to the upside, we will see more gain 🚀
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
DecentralandMANA/USDT we are watching on this coin we have Order Blok on 1h TF chart which i make one Sell LIMIT on this coin for swing trade into our Demand Zone
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Has she cooled off enough to consider some cautious buy orders?.43 to .37 is the lower end of the current "buy box" or support and buy zone i was looking for. there is support at .20 to .25 ish and below that is hard to tell who is still there and how bad general market panic would be at that point anyway.
if you take a serious ENJ position make sure and scoop an equal or at least, a worthy position in in MANA as well.
MANAAAAAAAAthis one i think pumped a bit to hard wit the whole face book meta thang and could use another drop in support and rebuild proper support from wherever "there" is.
if she breaks .69 support next support level will be .39 set buy orders accordingly.
://LOL this one is a painful one for me. I had 5,000. mana at .07 to .11 cents and sold almost everything in the .50s ...
look im not complaining, well maybe I am but long story short this one is a painful one for me (oh ya had 10k enj at .9 .11 and .14 average of about .12 .13 n sold em at .50s as well)
i would set my buy orders around .42 n up to .46 with a stink bid or 2 around a quarter n why not some .13 .15 super stink just in case if you have the reserve funds/dry powder
Mana - Midterm view📉Reasons to take short:
⭐️ Formation is 2 months old
⭐️ Formation is clean
⭐️ We are in the end of formation
⭐️ Slowly squeezing local level
⭐️ 4th touch
⭐️ 50 ATR
⭐️ Under VWAP
Will enter when price squeezes to the trendline on 5m timeframe, the base will form and the tape will get faster.
If you don't understand the previous sentence, just use swing stop-loss 3-5%
Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
What's left, hold to the maximum
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
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P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
MANA (decentraland) printed PI CYCLE TOP : BEARISH scenarioMarket is highly uncertain right now but MANA printed PI CYCLE TOP which is a super BEARISH signal.
DMA24 is at 2.8802 and DMA50 is at 2.8945; and both these lies b/w DECISIVE candle body.
SO, ZONE to watch right now is from $2.9800 to $2.7531.
BREAK below $2.7531 lead to massive BEARISH crash which may broke $1.705 and wick can reach upto $1.1067.
MANA is a long term project but right now has to maintain above $2.98 for BULL world.
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TRADE LESS,TRADE SMART.
INDICATORS used in analysis are made by TOP LEGENDS of TRADINGVIEW.
MANA/USDTesting/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice.
RR: 19.7
Possible upside: 1200%
Possible downside: 61%
Timeframe is on the weekly.
Elliot wave cannot predict time so do not try to use the timeline shown here for your trades.
What Elliot wave can do is help predict tops and bottoms (no one can predict these 2 accurately)
With the predictions it's supposed to help you use it as a method to plan your entry/exit your positions.
MANA/USDT : Moving into two channels BINANCE:MANAUSDT
Hello everyone 😃
Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it!
$MANA is moving into double ascending channels and so, the lower trendline should be acting strong enough.
In terms of this, I'll be managing to locate my Longs in two separate strategies.
- Taking partial Long based on active stop-loss at $0.88 with a stop-loss at $0.83 as 4H close below.
- Taking Long based on invalidation when it gets the hold above the marked red zone.
So it's your choice, You know your risks better...
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Attention: this isn't financial advice we are just trying to help people with their vision.
Have a good day!
@Helical_Trades
Manausdt ; Long or what ?Mana has Broken up it's falling channel , Mana also could break up the static resistance on 0.91$ and it's pullback has happened which we can also assume it as rest to 0.5 level of retracement Fibonacci.
I think after a tringle pattern Mana could reach to 1.33$ target. You can use my long Position setup with 2.75 R/R.
Just take care of the stop loss.
what do you think about Mana in 4H timeframe ?
If you have any questions please feel free to text me .
Which is the better trend line? MANAWhat do you think, which is the better trend line......
The line that accounts to the tip of the wicks, or the other which ultimately accounts for the body of the candles.
I do like the more shallow trend line, simply because that one for me would innately be less risky for longs.
MANA lost its steep upsloping trend line and then was retested. We go down now, but to where? That is the key question.