If the price goes out of the bearish channel in this way, it can easily increase to the blue range of $ 1,2294 !!!
Of course, the risk of decreasing from the bottom to the yellow range ($ 0.55578) should be considered !!!
Mana is making head and shoulders and seems its ready to reach back 0.72.
Since the whole market is bearish i believe that mana will follow the head and shoulders pattern.
This is not a recommendation to open a short position.
Mana has Broken up it's falling channel , Mana also could break up the static resistance on 0.91$ and it's pullback has happened which we can also assume it as rest to 0.5 level of retracement Fibonacci.
I think after a tringle pattern Mana could reach to 1.33$ target. You can use my long Position setup with 2.75 R/R.
Just take care of the stop loss.
what do you...
Heres the short term MANA path to success.
Looking for a break overhead and then a retest.
The 1 hour ichimoku looks ranging and price action/cloud/lagging strand all intertwined.
The 4 hour ichimoku looks like price action is on the verge of breaking above the cloud.
Get 1hr price action and lagging strand above the cloud (and price action), and the 4hour...
Reasons to take short:
⭐️ BTC bearish
⭐️ Level is clean
⭐️ Price is squeezing to the level
⭐️ Bullish volume left the coin
⭐️ 4th touch
⭐️ Under VWAP
Will enter when price squeezes to the level on 5m timeframe, the base will form and the strip will get faster.
If you don't understand the previous sentence, just use swing stop-loss 3-5%
Fix profit by parts:
1% -...
From the heavens.
If i had one, just one token to pick to be all in it would be MANA Decentraland. Another one to be absorbing is SAND. Big institutional money is flooding into these networks. You could bet on the land as well which is at a great price about 1-2.5 ether depending on the choice of network. Follow the money. Metaverse has barely started but this is...
Hey Traders,
We bared a long bear market for a while. As the $BTC is correcting for a short period we see some pairs are turned green for a short period.
Less talk,
The Chart shows everything. As BTC is above 20k this validates. Buy some $MANA to your bags when you gained around 30% of the profits, sell off and stay till bear market ends.
Strictly watch out for...
What do you think, which is the better trend line......
The line that accounts to the tip of the wicks, or the other which ultimately accounts for the body of the candles.
I do like the more shallow trend line, simply because that one for me would innately be less risky for longs.
MANA lost its steep upsloping trend line and then was retested. We go down now,...
Mana/usdt
15m
MANA for Long Position: 🟢Entry$0.9195🟢Stop$0.9🟢Tp $0.925 , $0.93 , $0.95
MANA for SHORT Position:🔴entry $0.90🔴Stop $0.9155🔴Tp $0.895 , $0.888 , $0.886 , $0.88
Like and comment please ❤️
$MANA breakout Descending channel pattern. in 1h timeframe valid breakout and has retesting on resistance become support line.
we can setup entry nor or wait for valid breakout and retest at 4H timeframe
Buy zone : 0.884 - 0.837 - 0.795
Target : 2.543 - 2.673 - 2.839 - 3.012 - 3.239
Stop : 0.775
Hello to all members of TradingView and my followers.
MANA last week showed the inability of buyers on the support level of 0.88 to $ 0.98. The sell-off in the market had a relatively large impact on Mana, with the currency hitting $ 0.74. Based on the chart, support at $ 0.74 to $ 0.80 is a further price decline.
Therefore, if the market conditions stabilize,...
Price recently moved up and it is currently retesting the 4h supply zone from where it is getting rejected from. MACD is starting to show some bullish weakness, RSI is bought and EMAs are turning bullish. Price needs to break through this supply zone in order to keep moving up.
BINANCE
