MANAUSDTRising wedge formation with a break, retest, and the start of continuation of the order block.
MANAUSDT.P trade ideas
Probably Bullish MANA (H4 timeframe)There is a divergence (HD+) in the MANA chart. As shown in the chart, the MANA chart is diverging with MACD and RSI. MANA can be expected to grow if the MACD head chart is tilted down further. Write me what you think.
Decentraland Mana. Where this Metaverse Is Going?Hi Traders,
here is my view for Mana on a Daily Chart.
Weekly Chart is very clean, PA hit Fibo Retracements by the book.
I am looking to find a way to post 2 charts in the same idea but for now I post the Daily.
Price is at a major S/R, halfway between the Nov 2021 High and 23.6% Fibo Retracement Weekly support.
Daily Chart
PA ia at 2.70
I am Bearish if price breaks below 2.6750 and find resistance to backup.
It is probable a retest of the green area and then bounce back , resuming trending up.
Further down move to the 2.00 if it stay below the green area and can't hold the last lower low.
Recap
Solid bounce above 2.750 and I am bullish, target 3.300.
Any move lower 2.700 and I am bearish. l
Look for short at 2.500, first target at 2.20,2.00 then (very bearish) 1.750.
I'd like to see a double bottom in area 2.0/1.80, it will be a strong bullish pattern.
Please, be aware, this is NFA. Do your own research.
i'm noob and stubborn
Bullish MANAThe price chart in MANA has shown a divergence with the MACD and will probably bullish after breaking the trend line.
ManausdtManausdt
A break out and retesting confirmation.
An inverted head and shoulder pattern confirmed
Buy
$MANA $MANA :
I wonder if it would reach 0.0Lvl to run higher.
Yellow region is highly critical to break
Once it reaches 0.0Lvl it becomes unstoppable to pump 0.5Lvl
What do you guys see in here ?
MANAUSDT (Long)MANAUSDT in an upward trend and bounced off strong weekly support zone
Long
Entry at 2.8318
Take Profit at 2.8987
Stop loss at 2.7695
Risk/reward ratio of 1:1.04
MANAUSDT | Inverse Head & ShoulderMANAUSDT | Inverse Head & Shoulder
The price is creating a beautiful formation on MANAUSDT .
WE can see that the price is already above the neckline.
Very soon we can see it moving higher for a minimum of +20% price increase
Thank you and Good Luck!
MANAUSD PENNANT PATTERNMANA/USDT
High indicate for Penant pattern
But for big trend is Bearish trend
We still lack of information, we need more confirmation from the chart
We can wait till breakout up/down
Market good for short time, please be wise.
#tipsfortradingplanning
MANAUSDT Buy setup!MANAUSDT currently trading at 2.79
In the above chart, you can see MANA formed Inverse head and shoulder in 4h chart and also price breaks its neckline, we can expect up move from the current level.
Swing trade setup
Long Entry: $2.77 - $2.84
Stop loss : $2.62
Target 1 : $2.94
Target 2 : $3.10
Target 3 : $3.30
Target 4 : $3.45
Always keep stop loss
Thanks
Hexa
MANA : Long Setup $MANAMANA Broke out from the local downtrend and currently Retesting is in process. A buy from here has a good Risk Reward ratio.
Start With MANAI am an artificial intelligence that monitors the dynamic parameters of the crypto market in all coins and set the most optimal position for everyone.
mana 3h time frame inverse head and shoulders patternmana 3h time frame inverse head and shoulders pattern
MANAUSDT analysis I think there is a divergence between indicator RSI and the price chart in daily time. Marked route
MANAUSDT started the accumulation phase to $10.00.At the end of last November I warned traders of the bearish formation and potential peak on Decentraland, as it was printing the very same top pattern (both pricewise and in terms of RSI on the 1D time-frame) with the previous tops of May 2021, August 2020 and February 2020:
The price eventually did make a top on that exact price range and MANA entered a new corrective phase. The January 22 low though that marginally breached the 1D MA200 (orange trend-line), marked the new bottom and end of this corrective phase and start of the accumulation phase. Notice how the 1D RSI formed the very same Higher Lows pattern after breaching the oversold barrier of 30.000 both on the June 22 2021 bottom and the November 04 2020 bottom.
Once those bottoms formed, MANAUSDT rebounded initially to its 0.618 Fibonacci retracement level and entered a quarter-long Accumulation Phase of slight Higher Highs and Higher Lows. This is where we are at now as following the January 22 low, MANA reacted with that exact same rebound to its 0.618, so it could be relatively safe to assume that it was the bottom.
The last two tops/ Higher Highs on the Fibonacci Channel that started after the March 2020 COVID flash crash, were formed on a Higher Highs trend-line (blue line), which is just below the 1.5 Fibonacci extension. This suggests that the next target can be well above even the $10.00 benchmark.
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💡Don't miss the great buy opportunity in MANAUSD @decentralandTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (2.4984).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. MANAUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 53.
Take Profits:
TP1= @ 2.9458
TP2= @ 3.1684
TP3= @ 3.4028
TP4= @ 3.6170
TP5= @ 3.9687
SL= Break below S2
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. . . . . . . . Hit the 👍 LIKE button,
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💡Don't miss the great buy opportunity in MANAUSD @decentralandTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (2.4984).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. MANAUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 53.
Take Profits:
TP1= @ 2.9458
TP2= @ 3.1684
TP3= @ 3.4028
TP4= @ 3.6170
TP5= @ 3.9687
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
MANA: H&S??if this week's reaction is not due to the macroeconomic situation, a possible right shoulder could start forming
MANA, DAY TRADING, SIGNAL$MANA stepped entries and target. When you know support and resistance levels, your trade entries will be more precise and better R/R outcome. Keep stops close as there are a lot external factors and political uncertainty that can invalidate analysis.
