MANAUSDT just one word, BREAKOUT!there is a nice flag on the Mana (decentraland) chart and another breakout is really possible
all the targets and first obstacles on the way up is shown and price might rest a bit on those points.
Manausdtlong
💡Don't miss the great buy opportunity in MANAUSDTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (2.7034).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. MANAUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 52.
Take Profits:
TP1= @ 3.0775
TP2= @ 3.4566
TP3= @ 3.8489
TP4= @ 4.2019
TP5= @ 4.9394
SL= Break below S2
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💡Don't miss the great buy opportunity in MANAUSDTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (2.7034).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. MANAUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 53.
Take Profits:
TP1= @ 3.0775
TP2= @ 3.4566
TP3= @ 3.8489
TP4= @ 4.2019
TP5= @ 4.9394
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
Is this a dead cat bounce on $MANA?Okay, lots of mana FOMO so i'm here with not so good news.
However, this to me looks like a blow off top.
what happens with a blow off top is that it retraces and tests the golden pocket after an irrational bullish leveraged euphoria rally
this confirms a dead cat bounce, or what it's called in the market cycle
"we're just cooling off"
What invalidates this?
If we break the golden pocket. (3.53) and closed the day above it. then the rally may perhaps continue.
Cheers!
@bitmoey
MANA/USDT 15M UPDATE Welcome to this quick
Mana/usdt analysis.
I have tried my best to bring the best possible outcome me in this chart.
Reason of trade :- mana/usdt is ascendimg tringle pattern conform and retest and buy the dip
Entry:- cmp And buy the dip in green zone
Traget:- 15% to 20%
Stoploss:- $2.80
Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading.
Sorry for my english it is not my native languages.
Do hit the like button if you like it and share your charts in the comments section.
Thank you...
MANAAs shown in the chart there was an accumulation in 1H chart.
Entry, Target and SL are shown on the chart
MANA Decentraland next upcoming move on small time frameMANAUSDT has take a correction after moving exceptionally. if it doesn't breaks its support on small time frame i.e. on hourly time frame we can see a move above. On the contrary if it breaks and closes below 2.56 an attempt to short it can be made.
Long idea:
Entry : Current Price
Stop Loss : 2.56
Take Profit : 4.90
Short idea:
Entry : if candle close below 2,56
Stop Loss : 2.4
Take Profit : 1.35
MANA USDT Long IdeaLooking for a dip in MANAUSDT
Current move is overextended
A dip will be healthy for a long sustained move
Buying zone should hold any dip
Will be a decent buying opportunity for year end rally
MANA (LONG)MANA is on the support zone (on 50% fibo.)...it seems that one step entry is appropriate and the next step can be on the golden ratio (about 0.7$)
mana wana break its triangel jail mana shaped a triangel and is full off energy for a pump toward upside or down side
i think we should keep an eye on it for see which side it will break. be carful about the fakeouts go on position by clear breakout
#decentraland
Cup and handle formation in MANAUSDT* MANA in 2H time frame forms Cup and handle pattern.
* Cup and handle is a bullish continuation pattern occurs during the bull run.
* If the price breaks it's handle resistance near $0.9150, we can see the continuation of bullish trend.
* MANA is bearish below the handle.
MANA Inverse H&S Target $1.08MANA not only broke the downtrend, it proceeded to form a picture perfect inverse head & shoulders with a target of $1.08. It most definitely has room to run beyond that as well, it may even run all the way back up to the top at $1.57 to form a giant inverse H&S / cup just like some of the other altcoin patterns. Either way, expect some serious gains from MANA
