MANAUSD Bull ExperimentMANA is starting to look primed for some upside momentum, more so than most of its peers anyway. Buy low, sell high. Let's see what happens.
MANAUSD trade ideas
⚡️⚡️ #MANA/USDT - 900%⚡️⚡️⚡️⚡️ #MANA/USDT - 900%⚡️⚡️
#HODL
Entry Conditions:
- RSI Daily Trendline Breakout
- Dubai’s Metaverse Plan Targets 40,000 Virtual Jobs in Five Years
We launched the Dubai Metaverse Strategy today, which aims to foster innovation in new technology. Dubai is home to over 1,000 companies operating in the metaverse and blockchain sector, which contributes $500 million to our national economy.
News Source:
finbold.com
Entry Zone:
1) 0.5985 - 0.9610
Take-Profit Targets:
1) 1.349 - 12.5%
2) 1.705 - 12.5%
3) 2.184 - 12.5%
4) 2.792 - 12.5%
5) 3.504 - 12.5%
6) 5.101 - 12.5%
7) 6.068 - 12.5%
8) Leave open to ride as could be parabolic at this stage
Stop Targets:
1) 0.2819 - 100.0%
Entry Conditions:
- RSI Daily Trendline Breakout
- Dubai’s Metaverse Plan Targets 40,000 Virtual Jobs in Five Years
We launched the Dubai Metaverse Strategy today, which aims to foster innovation in new technology. Dubai is home to over 1,000 companies operating in the metaverse and blockchain sector, which contributes $500 million to our national economy.
#MANA #breakout - up to the meta verse :)$MANAUSD Breakout in 1h Chart
1. Positive Super Trend in 4h Chart & Consolidation > 60 (1h) bars
2. Several touching points with vwap
3. Price above 10, 20 & 50 EMA
4. Target 1.1160$
5. Stop-Loss 0.94$
6. Risk Reward Ratio 4.0
Bullish Pennant FormingNice run up on MANA.
Feeding off Facebook metaverse hype.
Looks like a bullish continuation pattern forming on the 4h.
As always, trade the breakout
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.
MANAUSD (4H) Bullish reversalHi Traders
MANAUSD (4H Timeframe)
Waiting for the upward break of 0.9040 resistance level, which will complete a bullish trend reversal pattern to go LONG. Only the downward break of 0.8090 would cancel the bullish scenario.
Trade details
Entry: 0.9040
Stop loss: 0.8090
Take profit 1: 0.9620
Take profit 2: 1.0570
Score: 4
Strategy: Bullish reversal
Buy buy The long tail candle with high trading volume in the last drop, and therefore I expect the price to reverse upwards, I recommend buying
Mana at strong long-term resistanceMana pumped last week 45% finding resistance at $1.08.
It seems quite difficult for Mana to succeed a valid breakout on this level, plus the next crucial resistance is 65% above the current price.
A fakeout is likely though and an excellent opportunity for shorts too.
The most possible scenario is a return to $0.75 and then down to $0.60.
buy buyThe long tail candle after a high volume of trading is an indication of the price reversal up and on it I advise buying with doubling the stake if the vwap is broken strongly by a large candle
MANA - Head and Shoulders IdeaMonthly head and shoulders on the left leading to the top of the Gaussian Channel where I expect a rebound for the bulls
Weekly head and shoulders on the right leading to the strong horizontal support in green. This is the MANA/BTC chart
Decentraland Crypto WorldwideSun Storm Investment Trading Desk & NexGen Wealth Management Service Present's: SSITD & NexGen Portfolio of the Week Series
Focus: Worldwide
By Sun Storm Investment Research & NexGen Wealth Management Service
A Profit & Solutions Strategy & Research
Trading | Investment | Stocks | ETF | Mutual Funds | Crypto | Bonds | Options | Dividend | Futures |
USA | Canada | UK | Germany | France | Italy | Rest of Europe | Mexico | India
Disclaimer: Sun Storm Investment and NexGen are not registered financial advisors, so please do your own research before trading & investing anything. This is information is for only research purposes not for actual trading & investing decision.
#debadipb #profitsolutions
033. PIGGISH PLAY - Long MANA/USDBeen a while since I posted a pig play. This is mainly because I have been waiting patiently for markets to pullback or crash for months now. While I have posted some short plays, this market is being propped up on hot air and it has become clear that trading should be done sparingly until this topping nonsense comes to an end.
Meanwhile, I have many ideas for AFTER the drop in the stock indices and bitcoin and only two bullish ideas for the here and now: gold and mana.
One could argue on behalf of either of these assets for being the next major wealth transfer destination for their inherit defensive properties against inflation. As natural safe harbors for wealth preservation (well, gold for sure and mana tbd), I feel comfortable longing either and/or both in the near-term.
I have stated before that MANA is particularly interesting to me because it is (for now) completely decentralized - meaning the central banks cannot f with the supply dynamics via obviously bad policy practices. I love gold, but in keeping with the crypto zeitgeist and the general trend of computerizing assets, I present you with the idea above.
The instructions are all displayed in the chart and if you follow them somewhat closely, I am sure that you will be happy you did in a year's time.
The last and most important item is to WAIT FOR BITCOIN TO RETRACE SIGNIFICANTLY before an entry consideration into MANA or any other coin. Alternatively, for the more diligent crowd, you can see whether MANA diverges from BTC as BTC is dropping via basic side-by-side observation or keeping a close tab on the near-term correlation coefficient. Either method can serve as additional confirmation of a bullish future for MANA, but I would still wait for the price levels depicted above before entering.
That is all, best of luck, don't get greedy in stocks, etc.
-MANIC-PIG, MANA-PIG
COINBASE:MANAUSD
BINGX:MANAUSDT
COINBASE:MANAEUR
COINBASE:BTCUSD
COINBASE:ETHUSD
BITPANDAPRO:BTCEUR
BITPANDAPRO:ETHEUR
How To Analyze Any Chart From Scratch - Episode 7Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
Today we are going to go over a practical example on MANA, but you can apply the same logic / strategy on any instrument.
Feel free to ask questions or request any instrument for the next episode.
You can find the previous episodes below "Related Ideas"
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
MANAUSD ❕ fixing above the channelMANA is in the liquidity area and fixed above the descending channel.
The coin is above a large liquidity.
Price held 50MA (4H TF)
Trading volumes are showing interest in the upside of the price.
RSI and price have formed a bullish divergence (4H TF)
I expect price to rise from current levels.
The strategy of breaking the support lines and resistanceThe strategy of breaking the support lines and resistance of the trader. when the green line (1.120) and trend line broken with Confirmed by candle we can buy it with RR2
on the other hand if red line (0.7510) broken and confirmed by candle we can sell it with RR2
Mana Next Crucial Levels!$Mana is one of those cryptos wasn’t affected much during the last days bloodbath.
It had its bad days during April & May.
Although Mana will revisit $0.60 or $0.50 supports before the end of the bear market.
Crucial levels to watch is $0.50 & 0.38.
Mana lower than expectedThis is a very possible scenario...after all no crypto has shown a real intrinsic value
Maybe after $0.1 a rebound to $2.5 -$3, but this is only based on EW patterns, which are not quite reliable in a bearish market
Let's see how it does move.
This is not financial advice.
$MANA Sub $0.50$MANA Decentraland is not going to escape this crypto market crash... $0.707 down to $0.517 reflect key levels to watch.
Expecting sub $0.50 before this is all done, maybe not this week but certainly when Bitcoin goes sub $20k.
Decentraland shortDecentraland bounced off the descending trendline. Asset broke trough the support level. Bearish movement to support level at 0.6 is possible.
MANA, short-term rebound.The following are machine translations:
In the 4-hour chart, it fell to around 0.75 yesterday, stopped falling and rebounded. Today, it stepped back to around 0.75 and stopped falling again. It is rebounding and short-term bullish.
The indicator macd is about to turn a golden fork, to see a rebound. The RSI indicator started to rise from the oversold zone, and the rebound is expected.
In terms of operation, intraday low and long operation, there may be a short-term rebound, with a stop loss of 0.748.
MANA (LONG)If this coin value falls anything below $0.50 it will be a great opportunity to go long and hold. A lot of investors made some good returns in 2021, this is another chance for you as a patient holder to strengthen your portfolio.
Decentralland Crypto WorldwideSun Storm Investment Trading Desk & NexGen Wealth Management Service Present's: SSITD & NexGen Portfolio of the Week Series
Focus: Worldwide
By Sun Storm Investment Research & NexGen Wealth Management Service
A Profit & Solutions Strategy & Research
Trading | Investment | Stocks | ETF | Mutual Funds | Crypto | Bonds | Options | Dividend | Futures |
USA | Canada | UK | Germany | France | Italy | Rest of Europe | Mexico | India
Disclaimer: Sun Storm Investment and NexGen are not registered financial advisors, so please do your own research before trading & investing anything. This is information is for only research purposes not for actual trading & investing decision.
#debadipb #profitsolutions
