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MANAUSDT

MANA about to break out! - Keep an eye on this! Here's a quick Look at MANA 1 hr chart. As we can see, the price has been forming a falling wedge and we could see a break the upside soon! Keep an eye on this falling wedge! The best entry would be, when the price breaks above falling wedge with good amount of volume . ------------------------------------------- The idea is: Buy when the price breaks above falling wedge and take profits at the levels shown in the chart. Targets: 1. 3.35$ 2. 2.47$ 3. 3.75$ 4. 4$ ------------------------------------------- What Is a Wedge in the context of trading?: "A wedge is a price pattern marked by converging trend lines on a price chart. The two trend lines are drawn to connect the respective highs and lows of a price series over the course of 10 to 50 periods. The lines show that the highs and the lows are either rising or falling and differing rates, giving the appearance of a wedge as the lines approach a convergence. Wedge shaped trend lines are considered useful indicators of a potential reversal in price action by technical analysts. Key Takeaways for Falling wedges: 1. Wedge patterns are usually characterized by converging trend lines over 10 to 50 trading periods. 2. The patterns may be considered rising or falling wedges depending on their direction. 3. These patterns have an unusually good track record for forecasting price reversals." ------------------------------------------- If you like the content, then make sure to comment and like the post :D Follow me for daily profitable trading setups BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
Long
by MBM_Crypto
5
MANA - Don't Miss This Breakout!In our last Mana analysis, we were looking at the higher timeframe and identified that price could retest the base channel and fibonacci before moving up. We had a nice move down and retested the channel perfectly and moved up 70%! We could be in a flat correction with a double bottom forming soon on the base channel. Trade Idea: Watch for another retest of the base channel and enter with stops inside the channel. If we break the red trendline early, enter with stops below the recent lows. First target will be the recent high and second target will be $6.
by Altsignals
2
MANA- Chart says YES, My eyes tell me NO ⛔⛔⛔Decentraland has been doing great. The Metaverse frenzy is On, I know. We have had a great trade on this (going Long at 2, closing just before 5$ and going short for a while) but right now I am CONFUSED!!! The chart (Technical analysis) tells me YES, BUY!!! A visit to Decentraland tells me a BIG FREAKIN NO!!! ⛔⛔⛔⛔ NO, Niet, Non, Nein, La, Nee, OXI RE MALAKA!!! ⛔⛔⛔⛔ Why?? Don't be lazy, just jump on Decentraland and take a look around. NOTHING WORKS!!!! I'm out, going after things that work and not this kind of hype. Sorry The Fxprofessor
by FX_Professor
16
MANA! TP reachedWe getting some great % gains! Hope you take some! Feel free to keep holding or sell and buy on the dip. Compound Gains makes a Difference. SHIB it might go as well don’t miss the set up. If YOU NOT a hater and support others like this post! It does MAKES A DIFFERENCE This one Falls In our research on swing set ups with a good ratio of Risk and Reward. As always we put quality over quantity, don’t forget to follow us for SWING trades research on risk and Reward Ratio. Subscribe and don’t miss OUT the next research. Swing trading is great because you can create a lot wealth in % by risking less $$. Compound Gains. Thank you for the Love, I really appreciate those likes, makes a difference and pushes me to keep on posting more of these!
COINBASE:MANAUSDLong
by JhonMontana
#MANAUSDT 2h Chart Price is recently moving perfectly in an uptrend and is near it's ATH (all-time high). MACD lines are preparing to cross and become bearish, but RSI is over 50% and price is still trading above EMA ribbon. It is currently testing the support line which is now weak as it has been tested many times so price will most likely be able to break through it. We also have an untested 4h demand zone at around $2.8 which i expect price to bounce from if it breaks the support line.
by saviour25
Strong support ( MANA 1D )(( please read the description )) Strong support, MANA support by Fib 0.5 ~ 0.618, The first Target is to defeat the resistance, Profit can also be in resistance. tip : * MACD ( Shows an uptrend ) * The trading is above the MA 50 (Blue line), one should hope for an uptrend and test the resistance Zone I tried to identify the points of support and resistance for you, Trade smartly, Good luck. ..................................................................... * In trading, the winner is the one who manages his profit and loss * * The responsibility for buying and selling lies solely with you * ..................................................................... ********************************* pay attention **************************** For stress-free trading, see BTC price trend, BTC is effective in all trades **************************************************************************** ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Please like, subscribe and share your ideas. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
by Saeed-sheikh
2
Decentraland (MANA) - Long opportunity with +20-25% potential MANA is finally in an uptrend movement after having broken its resistance around $2.79. Despite today's bad performance of BTC, MANA has been very strong with a +23% gain however it seems that it's trying to re-test its support trend-line at the levels of $3.10-15. - On the 4-hour chart, we have a bullish MACD and RSI with a bit of margin before reaching the overbought zone. - On the 1-hour chart, the MACD is close to turn bearish however if the price bounces on the support trend line then it will remain bullish therefore, it's very important to ensure we don't break it to the downside. The RSI is close to a support level, happened twice today so I remain optimistic here. - On the 15-minute chart, we are still in a downtrend for the past 4 hours which is good as it will give some strength for the continuation to the upside. Levels to watch: - Re-test between $3.10 - $3.15 - Take Profit 1: $3.61 - Take Profit 2: $3.82
Long
by Stephane_ZH