Manausd
MANAUSDT bull run not over yet!MANAUSDT (1H CHART) Technical Analysis Update
Flag Pattern
MANA/USDT currently trading at $0.52
Buy-level: buy after flag pattern breakout
Stop loss: I will update once I see the breakout
Target 1: $0.60
Target 2: $0.65
Target 3: $0.70
Target 4: 0.75
ALWAYS KEEP STOP LOSS...
Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts.
MANABTC - Beginning of the 3rd ascending wave Beginning of the 3rd ascending wave with the target of Satoshi 1327
By the end of the 2 / B wave in the range of 216 Satoshi, the uptrend has begun, in the range of 786 Satoshi, the first uptrend ended. By break down of downtrend line the, 3rd Wave has started.
In the 240-minute chart you can check the sub-waves
MANAUSD, bearish rising wedge or upward channel?To keep myself accountable and keep practicing my TA I'll be charting the top 100 crypto's by marketcap over the coming fews days. Any feedback and tips are welcome.
Trend = bullish (HH, HLs).
Notes:
- Potentially forming a rising wedge here, which could point towards reversal, with price struggling to make HH
- Alternatively, a channel has been forming, with MANA currently at halfway point
- Currently struggling around D1 resistance. If break/close above bullish continuation in the cards
Ideas:
- - Currently struggling around D1 resistance. If break/close above bullish continuation in the cards, would enter a trade there
- If channel is accurate, expect move towards upside of the channel after breaking D1 R
- See note above, if rising wedge is accurate, could break down
MANA is ready to set new all time highHey friends, hope you are well and welcome to the new update on Decentraland token.
In my previous article, we have seen that the MANA was moving in a down channel and I predicted that this time it will break out the channel.
Now if we take a look at the live daily chat, then finally MANA has broken out the channel and also broke out 25, 50, and, 100 simple moving averages. Now it is stuck at 200 SMA. If the price action of Decentraland will not be able to break out the 200 simple moving average then it may re-test the resistance of the channel as support.
Long-term SMAs:
On the long-term weekly chart, the price action of Decentraland is trying to break out the 25, 50, and 100 simple moving averages.
Long-term Ichimoku cloud is bullish now:
On the long-term weekly chart, the price action of the MANA token was moving under the strong bearish Ichimoku cloud. Now the cloud has finally turned bullish, therefore, it is a strong possibility that the price action would breakout this cloud with a powerful bullish divergence.
Big Shark move:
While the Ichimoku cloud has turned bullish the price action of the MANA token is also moving in a potential reversal zone of a very big bullish Shark pattern on a 2-month chart. When the priceline will start moving up from this potential reversal zone then the price action of MANA my cross the all-time high price level as well.
#MANA Educational Analysis, Buy Only if it breaks downtrend LineMANA is in a long downtrend and rejected many times from the downtrend resistance line. MANA has shown a minor uptrend and if holds the uptrend support line we see more upward moment. MANA must break 295 and hold that level for the further upward moment. If unable to hold above 295 we see MANA going sub 250. The coin is now at the deciding zone, let's see what happens next. A breakout will open the targets and we see a quick push towards 500-600. The post is just for educational purpose
fiboinacci(Ret) pattern, Waiting for the triangle to break, ManaThe price has passed through the middle of the channel with relatively good resistance
The current price is in the form of a triangle
In addition, there are two floors
And the probability of breaking the triangle is high
And to reach the previous ceiling
Must cross the Fibonacci range.
MANA hacia los 0.15$Después de una caída del 40% y una recuperación del 28% podemos concluir que los AltCoins siguen hacia adelante, y mas con todas estas confirmaciones que tenemos delante.
1. Divergencia en RSI.
2. Toque y rechace de el 78.6% del retroceso de Fibonacci.
3. EMA de 200 amarilla por debajo del precio indicando una tendencia alcista.
4. Rotura del triangulo.
MANAUSDMANAUSD has a Bullish Flag.
If not successful, the trend may fall to the top of the daily Channel or even to the bottom (not shown).
But if successful: The First resistance ahead is Fibo-0.78, but the heaviest will be Fibo-1 which would be it's second attempt to get through it over the last few days.
If it manages to successfully break through Fibo-0.78 and then Fibo-1, the next profit targets will be 1.6 and then 2.6.
We can expect heavy resistance at all pints particularly at F-1, which can lead to the reversal of the trend.
Happy Trading
------
JUST FOR EDUCATIONAL PURPOSE
MANAUSD bullish pennantFollowing my post on MANAUSD 4h basis there was a Bullish flag. Analyzing MANAUSD on a daily basis shows that MANAUSD has a Bullish Pennant.
The first profit target is at Fibo-1 if the Bull start to move, and we can expect a resistance, so keep an eye on the indicators.
It can grow up to Fibo-1.27 which some resistance may happen but The next main target would be Fibo-1.6 which we can expect the a heavy resistance and reversal of the trend.
And the Next Big resistance is expected for Fibo-2.6 based on the peak history of MANAUSD.
Cryptocurrency is very volatile market so always have an strategy and risk management plan.
Happy Trading.
---
JUST FOR EDUCATIONAL PURPOSE