🔍Today presents an opportune moment for opening positions as the market structure offers potential entry points upon breaking support or resistance lines. Bitcoin's rejection from $64,437 yesterday prompted altcoins to establish lower resistance levels. One such altcoin is MANA, representing the Decentraland project, which, despite previous bullish rallies, now...
MANA ~ 1W
#MANA This is an important support block that we are looking at.
Maybe a few small purchases are very interesting here, with a target of at least 20%++
In the last two posts, the Mana currency experienced a growth up to the specified area. After making a head and shoulder pattern in the roof of the channel, it faced a correction, which continued until the 36 cent area.
💎 Currently, due to the candle that has broken the support zone, it has become a stubborn resistance.
💎 Therefore, I expect that considering that...
#Analysis of MANA time 1W currency
The price is in the support range of $0.39 and if you see the entry trigger in the lower time frame, you can enter the BUY position and expect good growth in the long term.
The second support level and buying step of the same zone is $0.3
#MANA
Price moves in a head and shoulders pattern
And now we're at the shoulder, where a breakout will be a strong upside support.
Current Price0.5312
First Goal 0.8300
Second goal 1.1000
◳◱ On the $MANA/ CRYPTOCAP:USDT chart, the Super Trend pattern suggests indications that the trend may be gaining or losing strength. Traders might observe resistance around 0.4931 | 0.5233 | 0.6013 and support near 0.4151 | 0.3673 | 0.2893. Entering trades at 0.4777 could be strategic, aiming for the next resistance level.
◰◲ General info :
▣ Name:...
Now I bring to you BINANCE:MANAUSDT on the primary timeframe after price reacted nicely to analysis on the previous chart on 4 hours timeframe. This is our primary scenario until I see otherwise.
See previous analysis on page or comment for context.
Hello my friends,
Once again today, I would like to share another one.
I am currently invested in this coin so obviously would like it to rip.
Anyway,
Trade thirsty fellas.
Keep an eye on #MANA. It is testing the resistance cluster(Trendline + MA50 + EMA100) on 8H timeframe. Wait for a solid breakout and then enter to this coin. Targets are:
$0.6755
$0.7163
$0.7571
$0.8151
You can see the support zone on the chart.
Decentraland (Mana) is about to go to the clouds once more again.
Everything's set and ready;
According to Elliot Wave Theory, phase 2 on weekly time frame has ended. We are ready for Wave 3, which is the wave you'd wanna be in for.
In 3 day chart zone, RSI is strong. Also in 12H time frame as well. I checked it's on chain data as well, looks okay.
Only Buy...
MANA has broken above the minor resistance by bullish candles
🔵Entry Zone 0.6002 - 0.6172
🔴SL 0.5416
🟢TP1 0.6608
🟢TP2 0.7401
🟢TP3 0.8293
Risk Warning
Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results.
If you liked our...
The Mana/USDT trading pair is currently showing signs of a breakout on the 4-hour timeframe, emerging from a triangle pattern. This indicates a potential shift in market dynamics, with a possible bullish momentum in the short term. If this breakout proves successful, there could be a price surge of 30-60% in the near future.
It's crucial to emphasize that this...
#MANA
We have a bearish channel on a 4-hour frame, the price moves within it and adheres to its borders well at this price.
We have a higher stability moving average of 100
We have a downtrend on the RSI that is about to break higher
Entry price is 0.5858
The first target is 0.6526
The second goal is 0.7243
the third goal is 0.8046
📅 Let's analyze and review this popular cryptocurrency, Mana, together.
⏳ In the weekly timeframe, we're currently within a 600-day box. After approximately 420 days, we've once again reached the upper limit of this box and encountered the weekly resistance at 0.8096, initiating a correction in this trend.
📊 In the daily timeframe, after this encounter and the...
💎 Greetings, Today, we delve into the intriguing movement of #MANAUSDT. Currently, it is meticulously maintaining momentum at a critical support level of $0.5484. This level holds immense significance, and its ability to transition from a mere retest to a robust support could be the harbinger of a potential bullish surge.
💎 Despite failing to break the previous...
