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MANAUSDT trade ideas

Massive 538% potential on MANAThere are hints that the sustained downtrend in MANA is coming to its end. 1) We formed a strong weekly support. 2) This level was broken near the end of 2022. 3) However, there was very little supply around those low prices, and price quickly broke above the level again in early 2023. 4) Not only did we break that significant support/resistance level, we even broke above the previous significant high. This marks a "higher high", and hints that bulls are willing to buy MANA at continuously higher prices. 5) We retested the support/resistance level, which was in confluence with the Fibonacci golden pocket. We see a strong reaction in the form of a wick to the downside, indicating that bulls are quickly buying up all the supply in that level. From here on we can expect higher prices. I've put my SL below the retest of the support/resistance.
Long
by madmax1000
SasanSeifi 💁‍♂️MANAUSDT /LONG VIEW 👉3D ⏭0.80/ 0.94⬆HI TRADERS ✌The possible scenario of MANAUSDT is specified.As you can see, the price faced buying pressure from the range of 0.29 and was able to grow by 170% until the supply area of 0.80. Currently, the price has been corrected by about 40% from the supply range and is trading in the range of 0.61. The scenario that we can expect the price after slight fluctuation and VOLUME gathering by maintaining the range of 0.47 in the long term will grow again to the supply area of 0.80 and the FVG range of 0.94.considered the possibility of a new HIGH. . Then, by filling the gap, we will see the price correction.🔱 We have to see how the price will react to the 0.80/0.94 range. Keep in mind that it is very important to maintain the range of 0.47. ❎ (DYOR)...⚠⚜ What do you think about this analysis? I will be glad to know your idea 🙂✌ IF you like my analysis please LIKE and comment 🙏✌
Long
by SasanSeifi
MANA/USDT Crossover? Re-test?Good Morning guys✌️ MANA is looking very interesting for us so let's take a little deeper look here! First this we would like you to notice is that small crossover of RSI which indicated the bullish movement here and also tells us that there might happen another re-test of upper triangle formation (one re-test we already had and it failed) Currently here waiting for a re-test to happen from where on we will be looking for two possible scenarios to happen: One is bullish and other is bearish. - we will keep you updated on our channels once we get any additional confirmation here. If you like ideas provided by our team you can show us your support by liking and commenting. Yours Sincerely, Swallow Team 🔱 Disclamer: We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
by SwallowAcademy
8
Short MANA vs USDMANA looks to be distributing in a Range for almost 2 months now. It's currently sitting at Range Lows and this is the 3rd test of those lows. If this level turns to resistance it will break the LTF Market Structure and the price is going much lower. After distribution comes expansion. This will be the meat of the move. I will jump in when I see a confirmed breakdown from this range on HTF since this is support for now. Good luck. Follow, like the idea and feel free to leave a comment if you like it. Check out other ideas if you like this one.
Short
by Trader_CD
2
Following the trend In short, with the knowledge of the bias that follows a descending triangle pattern which requires one to short the market when such a pattern is seen in the chart In both high and lower time frames, I was able to confirm that the pattern is formed in conjunction with the ATR and MA indicator used as confluence to verify my bias. Basically, I couldn't obtain such a result without knowing the trend in the market. In addition, waiting for a retest has always been paramount for me, so if you can notice in the chart there was a retest to the support level marked out which happened to be my entry point
by isyfrankud