Manausd
New Bullish Pattern in Trading History SICKLE PATTERN !!Many Patterns You have watch and see but first time I see and Create new Pattern SICKLE Patterns as Like SCYTHE Patterns.
Completely Follow the MANA Coin With Proper make a Handle and Blade with Succusfully Breakout ..
What do You Think about this i am very Exicted after create this Beautifull Pattern.
Share Your Opinions What do You think about this Beautifull Bullish Pattern.
f You Satisfied With My idea and Pattern Then Do not Forgot To Hit Like .
Warning- I m Not a Financial Advisore this idea and patterns Only For Educational Purpose Only.
MANA can bounce in the 200 EMAMain Scenario: Despite having lost -4.53% in the last 24-H MANA has been held by the 200-EMA in this 4-H chart and if it manages to bounce back we could have a long entry to look for profits of at least 3% trying to find the Fib Retracement of 50% of the last descent; The indicators are oversold and pointing up, we could possibly see a pullback in the pair and the start of a short uptrend.
Alternative Scenario: The price could cross the Pivot S1 and continue looking for the next support at 0.00001511.
Entry/Stop Loss/ Take Profit: We can go long if the price manages to cross 0.00001580 with 2 targets
T1 = 0.00001631 (3.2 %)
T2 = 0.00001675 (6.0 %)
The Stop Loss can be placed at 0.00001517 (-4.3%)
Duration: 1-2 Days
Consolidation/Ratification level: If the price crosses the first target, you can drag the stop loss to the entry point.
Warning Level: A further drop below the Pivot S1 will invalidate this setup.
Risk Management: Risk/Reward Ratio: 1.48.
Decentraland Established The UptrendSince 11th of July, Decentraland has been moving steadily upwards producing higher highs and higher lows. On the 17th of July price reached the high at $0.135, which has resulted in a 53% growth in less than a week.
Then price corrected won to $0.11, where MANA/USD has rejected cleanly 50% Fibonacci retracement level. Today MANA broke above the ascending channel, suggesting the continuation of the uptrend.
There are several resistance levels to watch. First 161.8% at $0.14, second 261.8% at $0.17, and the final upside target and strong resistance is at 361.8% Fibs, that is $0.2.
MANA/BTC - 3/19/2018Good Morning, Traders!
MANA may be in the process of an upward sloping head and shoulders pattern. The neckline was formed with about 4 points and it is now in the process of forming its right shoulder. The current price just tested the resistance level at the 61.8% fib retracement which may have formed the right shoulder already. The volume that is seen during the formation of this shoulder (if it is complete) is not a significant amount and therefore may hinder the effectiveness of the breakout.
The breakout is expected to last until the price of 0.00000829, this is measured using the distance between the left shoulder and the neckline. If the right shoulder hasn't completely formed, the formation of the "shoulder" may not be relevant at all because, at that point, the price may just be traveling at an upward trend (the "neckline"). The price touched this line once before the formation of the first shoulder and may do so after the last shoulder, ruling our head and shoulders pattern obsolete.
Important Resistance Levels: 1121, 1061
Important Support Levels: 968, 838
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Written by:
Arham Bheda
Senior Research Analyst
DecentraLand MANA ForecastSpotted an Elliot Wave on 2 hour chart. ABC patter is present. MANA seems ready for another go.
From my end this is a blind prediction and it may not reflect what I've draw due to many factors.
However I am hopeful of the outcome. Also provides an opportunity for swing trading. Take into consideration candlestick patterns and support/resistance positions. Furthermore plot trend-lines, include Stochastic Oscillator & RSI and it should be fairly easy from that point.
I combined Elliot waves, fibonnaci and harmonics pattern to arrive to a conclusion. I did not clutter the chart and decided to plot the Elliot Wave only for simplicity.
Like I said this might be a long shot however everything is possible. This EXACT pattern occured between 16th - 14th December 2017. History has a habit of repeating itself!
This is not an investment advice, always do your own research.
Decentraland: Rhythm of PriceI love trading. Everyone sees the chart differently, yet the same thing is displayed to everybody. One method may work for one person and not for another. Why is that you may ask? It is because we are all different. Sounds simple? Yet there are a lot more to that statement. Trading, is simple, if you think about it. There are only 3 pathways it can go; up, down, and sideways. Even then, a lot of us cannot succeed in this market. I truly believe, if you are not succeeding at trading. The reason isn't anything other than you. Until you are able to see a deeper meaning to trading than money, I don't think you will see progress. We are tempted by money, but we succeed by knowledge.
Anyways, little rant I have, back to the chart. My previous post on Decentraland was a success from point to point. I see another opportunity coming up on a smaller time frame that potentially yield a 30%+ win. There are a combination of a bunch of strategies I like to use. Fundamentally, I don't see the need for Decentraland. Does that mean I can't put money in it for a short time? No. When you see an opportunity, you take it!
What are your thoughts?
Trade with care