MANAUSDT
MANAUSD gathering strengthMANAUSD is still sideways even after breakout of mini wedge pattern. I still see a slight dip towards our buy zone, which is near FIB 0.236. Will enter long at that level and hold to ride next wave upward towards TP1 (3x)and TP2 (5x). Stop loss set bottom of buy zone box in case bearish sentiments prevails in the overall crypto market.
MANAUSDT Respecting Trendline/SupportMANA has been respecting a short term upward trendline perfectly, with a horizontal supply zone directly below.
Long idea is to wait for another touch of the trendline and go long, with stop loss below support and short term target for 2.1 R trade.
This is NOT financial advice, you are responsible for your own trading decisions.
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MANA LONGhey traders, we are monitoring MANAUSDT for a buying opportuntity around 3.31 zone. Once we will receive any bullish confirmation the trade will be executed.
Trade safe, Joe.
Decentraland (MANA) Buy ZoneDecentraland (MANA) Buy Zone
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BIAS
Mid-Term : Bullish
Long-Term : Bullish
RISK : Medium
On its 4 hours time frames, The Decentraland graph formed a bullish patterns. We've retested our resistance and ready to break up above our current zone.
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$MANA/USDT LONG SETUP
Leverage : x3 - x5
Entry Price : 3.11 - 3.26
TP 1 : 3.31
TP 2 : 3.39
TP 3 : 3.54
TP 4 : 3.75
TP 5 : 3.89
TP 6 : 4.18
TP 7 : 4.64
TP 8 : 5.12
Stop Loss : 2.88
*Maximum 3% of Portfolio.
*Unload 12.5% at each TP. Whenever TP 2 hits, Move stop loss to entry.
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Mana 3 to 1 tradeNice and clean 3 to 1 R:R set up here after retest of breakout. Rounded bottom and close above horizontal resistance should push to next resistance level shortly with BTC looking bullish.
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Top 10 trading tips:
1. DO NOT FOMO into a trade. Let it come to you. Don’t force it.
2. Find a strategy that works for you and be consistent. Operate like a machine and less like the wind.
3. Let your winners run and cut your losers short.
4. You will not win every trade, but if you are disciplined with great RM you don't need to be right all the time to win!
5. Before you enter a trade, know your target AND your exit strategy.
6. When you are up, you can use a trailing stop or trim off some profit at a logical resistance point with a stop loss at breakeven.
7. Set your trade parameters up front so you keep your self accountable and remove emotions from the equation. (stop loss, take profit levels, etc)
8. Don't fight the trend. The trend is your friend.
9. Don’t enter a trade based on one indicator.
10. Horizontals > Diagonals
Please note:
- This is not financial advice.
- I do not take every trade I post.
- Never trade off of someone else's chart until you DYOR!
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






















