MANAUSDT
MANA successful defense and continuation of the upward trendThe chart of MANA shows a very healthy and gradual increase in price, of course this is also due to the stability of the price of BTC and the lack of major fluctuations, because the large fluctuations of BTC strongly affect MANA (and the rest of the cryptocurrencies, we will see what the next days will show
MANA - we have waited a long time for this ✅MANA has corrected 57% from its high. This is a rather strong correction that has been going on for almost a month now. Now we can expect at least a bounce or at best a reversal and continuation of the rising trend.
On the technical analysis side, the price has tested the big value area and has collected a lot of liquidity. Now we see that the MANA is squeezed between the trend line and the big value area.
When to buy?
- On a breakout or a retest of the trend line.
- In case of a false break-down of the $2.5 level.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
MANA/USDT - Potential 116% SetupHello Traders!
Another wave of growth on MANA ended with a deep correction to the Fibonacci level of 0.786
The asset comes out of the consolidation range of $2.99 - $3.78
It is possible to look for purchases from the current price values of $3.70 - $3.85 and buy more in case of correction between $2.99 - $3.25
Stop-loss shall be set closer to $2.72
The targets will be the Fibonacci levels:
$5,90
$6,89
$8,18
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
Decentraland Crypto and its popular token, ManaDecentraland Crypto and its popular token, Mana
He has a good fanda, it's a metaverse and now he has a profit potential of up to + 60% .
teaching points :
- Price in the upper half of the Bollinger Band
- CCI indicator near +100
- Intersection of Mac line and signal and MacD line above signal
- MacD green histograms
- The downtrend line on the RSI indicator is breaking
- Price placement in the 51-day ascending channel
- Good price response to the uptrend channel floor
It is currently at a high price for its 51-day resistance, and if it can stabilize on it, it can take a long position. The targets ahead are marked.
The first target is 15% +
The second target is 59% +
As always: don't forget capital management + don't forget to manage risk to Reward.
Good luck .
GALA and MANA - Buy both with these TP/SL on Christmas!🎄🎁🚀GALA met 1H Vegas tunnel strategy.
MANA met 4H Vegas tunnel strategy. (at blue arrow)
Time to buy them with TP/SL as charts.
Also, 🎄Merry Christmas and hope you have a great profit here!🚀
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