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Beginning of the 3rd ascending wave with the target of Satoshi 1327
By the end of the 2 / B wave in the range of 216 Satoshi, the uptrend has begun, in the range of 786 Satoshi, the first uptrend ended. By break down of downtrend line the, 3rd Wave has started.
In the 240-minute chart you can check the sub-waves
Hi friends hope you are well, and welcome to the new update on Decentraland (MANA) token.
On daily time period chart, the price action of the MANA with Bitcoin pair has completed the final leg of bullish Gartley and entered in the potential reversal zone.
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MANA/BTC is in a very large bullish triangle!
Bitcoin needs to behave and let this bullish triangle play out for MANA.
Look for a pull back to the green target for an aggressive entry.
OR
Buy the breakout of the triangle.
BINANCE:MANABTC
MANA/BTC
MANA broket key ascending trend-line of support at 430 sats area and the price fell to key support 380 sats.
The price could still drop further to 370 sats are to retest the 200MA or the golden Fib levels.
I'm not yet interested in opening a position since the downward momentum is still strong.
I'll wait for the price to cool down or reached my target...
On month chart the price action is moving within a falling channel and hitting the channel's support after Sep 2018, so it can be double bottom formation on channel's support.
MANA has also formed a bullish shark pattern within this falling channel and now the price line is entered in the potential reversal zone and soon from here it will take bullish divergence...
On two month chart priceline of Decentraland (MANA) / Bitcoin cryptocurrency has formed a bullish shark pattern and entered in potential reversal zone to hit the sell targets soon insha Allah.
Volume profile of complete pattern is showing less interest of traders at this area.
MACD upto two week chart turned weak bearish from strong bearish.
I have used...
Priceline of Decentraland (MANA) / Bitcoin has formed a bullish butterfly pattern.
Even though the price action has already hit the sell zone but all indicators are still bullish therefore I am expecting that the priceline will take a proper bullish divergence and enter the sell zone completely.
RSI is oversold and moving up
MACD is strong bullish
Volume profile...
MANA in further view is not good. If you bought MANA as my quick signal, you should sell it at 370sts zone because I don't see any good sign shows it can breakout. It can drop hard to 280sts zone. If MANA passes 375, we will have new analysis
As we see mana in now on strong weekly support . It has been moving in a long range scince jan-18 , so it can move 50% as a first target in next weeks .
RED ARROW indicates the EXPECTED Time and Targets
Level Stoploss point up to maximize profit and reduce risk
I'm working all the time, even in Bearish Market
RED ARROW indicates the EXPECTED Time and Targets
Level Stoploss point up to maximize profit and reduce risk
I'm working all the time, even in Bearish Market
