12h time frame
-
MANTA had made a big box, ranging from $4 to $2, and took around 84 days. The quick dip from $2.5 to $1.5 help us confirm the time span it needs at least to build an accumulation zone, that will be similar to the left structure, which is 84 days. It means we will only see MANTA performs prior others since July if it makes a standard accumulation...
this coin is going between 5$ -9$ . you need tobe patient and don't be greedy . don't but your all eggs in one basket
this is my analyse it's not a recomandation to buy or sell !!
SL hit in the previously posted chart idea. This setup, however, can give huge returns if played correctly on daily TF. Currently making triple bottom. Any bullish movement on BTC can easily hit the TP of MANTAUSDT in couple of days. I currently am taking a long with 10x lvg on this one. RR is 8.57 which is great. Very low risk vs high reward. Patience is the key...
Confirmations:
- Double Bottom
- Long downward channel breakout and restest
This move totally depends on how BTC moves next week. It could be a good swing long setup with tight SL.
I see a nice accumulation range on MANTA (white box). I expect a good pump as soon as the price will broke above this range with a possible 50% pump. Looking at lower tf, the black box is an important resistance to broke.
1h time frame
-
MANTA go down to support zone with a falling channel, this zone is around 2.4~2.6. From the channel structure, we can see that MANTA got resistance again and again once touching the channel top. Now, MANTA is going to challenge the channel top again, and it is very close to support zone, that provide great risk to reward ratio to long MANTA.
-
TP:...
The $2.51-$2.65 range is a very good entry area, but this price depends on Bitcoin (BTC). If BTC drops to $59,500-$61,000, there is a possibility that MANTA will reach the $2.51-$2.65 area. However, if BTC does not drop, then the $2.9-$3.1 price is a good entry point.
Here are some factors to consider:
BTC price action: Keep an eye on BTC price action. If BTC...
1h time frame
-
MANTA performs a standard Wyckoff Accumukatuon Methods, which provide guidelines for identifying trade candidates and entering long positions. From chart above, we can recoginze obvious phases of Wyckoff, icluding AR / ST / Spring / LPS / SOS. Currently, MANTA is probably under the SOS phase (Sign of Strength), that is a price advance on...
MANTA is exploding and it's breaking every resistance. It's actually trying to broke the last stop before new ATH. I expect a small range before pumping till $3.9 first and $4.35 next. It's matter of time
We will see enough strong shakeout on MANTA to final pump to new high! On the basis of technical analysis we can see strong bullish wave will start soon. Greenish zone is for buying if you get opportunity.
4h time frame
-
MANTA is suffered from deep dump today. However, there is a strong support since January, MANTA always bounded once touched the uptrend line. Due to less data of candles, we can only use Fibonacci Extension to estimate the final target, which is $5.
-
TP: 3.73 / 5.2
SL: 2.74
