Perhaps a Bowl figure will be formed (Saucer, Rounded Bottom). Target of the figure + 110% Price at historical minimum. 4 months in lateral movement. Price begins to rise slowly. It seems that we are at the beginning of the 3rd phase of the formation of the "Bowl" figure.
The first Sales Goals are the “Bowls” resistance level zone. 600-670 satosh.
Further on the...
Decentraland (MANABTC) is starting to form an uptrend in the chart term. In the chart above you can see the next target (0.00000411).
Above the green line, prices can easily move up/higher.
Below the green line prices can easily move down/lower.
The magenta lines are for resistance/targets.
The blue dashed lines are for support.
The orange triangle is the...
$MANA
Trying to break from descending wedge while retesting ~380 sats
Volume slowly rising(wait for it)
UCTS Buy signal on the 1D & Lower TFs (trendfinder all green)
RSI reaching overbought
If continuation is found, then ~470 / 570sats as targets
#MANA
Do I really need a description for this? Self explanatory.
These are a few of the requirements for a rounding bottom:
Prior established downtrend
A clear level of resistance
Rounding price action
High time frame
Equal length between decline and incline
In the short term MANA forms a channel.
Entry 320
TP: 358
SL: 310
We note that there is a range inside that channel. So, price could first stop at the bottom of the range (324)
In the long term MANA has good perspectives. The different objectives are given by the fib levels
The price is consolidating in a bullish wedge. On top of it, it formed multiple bullish divergences. Looks interesting. Zones of interest and targets are on the chart. Good luck everyone!
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...
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...
I Updated you in daily timeframe and now it is trading above that range now you can enter here every thing is perfect volume is also good profit profit
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