First scenario (double bottom) led to breakout Current scenario (double bottom, forming the quadruple bottom!) will lead to same result? I assume.
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MANA 1D has been forming an ascending triangle in downtrend as opposed to the more common formation during an uptrend. To form this pattern you need an initial rally where price action begins to consolidate between a flat resistance point and rising support trend line before continue on. Unlike in an uptrend, when the ascending triangle pattern develops during a...
Hello guys today i saw an interesting Ascending Triangle pattern on MANA , it will be a good setup. wait until break out between 1.0500 and 1.0700 , the open your short position after first candle. the target is 1.0000 , you can close 50% of your position and risk free that. remember funda analysis before opening a position. it's just an idea , always do your...
Chart analysis is simple, it has the potential to simply follow the ascending channel. I don't publish the wave analysis for the sake of clarity but may 22' indicates the end of 2 years cycle. A strong downward breakout invalidate the pattern but chances are low. I think Decentraland (MANA) is a well established crypto project, it has real utility but right now is...
MANA/USDT Entry Range: $1.00 - 1.13 Take Profit 1: $1.30 Take Profit 2: $1.52 Take Profit 3: $1.73 Stop Loss: $0.84
Hello friends👋. 📈Long: 5-10% of deposit (pending order at $1.0248) 🔴SL:0.9192$ 🟢TP: 1.3302$ Another squeeze in the form of an Ascending Triangle, the price broke through the upper border of the triangle and fixed, I expect a retest and then a long!📈
MANA/USDT Entry Range: $1.00 - 1.13 Take Profit 1: $1.30 Take Profit 2: $1.52 Take Profit 3: $1.73 Stop Loss: $0.84 MANA sell signal
COINBASE:MANAUSD It look bearish to me, HS pattern. TP1: 4 TP2: 3.6 *This is my idea and could be wrong 100%
✅MANA formed a peak and fell heavily. The price continues to fall and we can expect further decline.✅ 🚀 SELL scenario: short to 0.765.🚀 ---------------------------------------------------------------------------- Remember, there is no place for luck in trading - only strategy! Thanks for the likes and comments.
If it can succeed in flipping the neckline of this inverse head and shoulder pattern to solidified support, then the breakout target of the pattern should be around 1.28-1.30. It hasn’t validated its breakout yet though so if bitcoin takes a tumble, it could take mana down with it before it gets a chance to validate this pattern. Will likely see it decide which...
MANA is moving in a range and is under a strong resistance level. Trading volumes are declining. TD Sequential has formed a down reversal signal (30m TF) I think that the asset will continue to decline after fixing under the upper limit of the range.
MANA is one of the good projects in the metaverse which still havent pumped like the rest of the market. i think we can see a rise after succesful break of the triangle.
Market 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...
Testing/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...
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...