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Mana

MANA: Bullish Breakout Alert! Watch for Confirmation💎 MANA has broken out of a descending channel, forming an inverse head and shoulders pattern, indicating a potential bullish reversal. Additionally, the price action is showing signs of bullish momentum, further increasing the likelihood of a bullish move. 💎 If MANAUSDT successfully breaks above the resistance level, it may signal a continuation of the bullish trend. However, if MANA experiences a pullback, it would be prudent to wait for it to reach the next support level + bullish Order Block (OB) zone before considering entry. A bounce from this area could provide a favorable entry point. 💎 On the other hand, if MANA breaks down below these levels or exhibits panic selling behavior, it may be wise to avoid trading it until the market conditions stabilize and clearer signals emerge.
by MyCryptoParadise_Nathan
💡Don't miss the great buy opportunity in MANAUSD @decentralandTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (0.6567). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . MANAUSDT is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 60. Take Profits: TP1= @ 0.7550 TP2= @ 0.8320 TP3= @ 0.9580 TP4= @ 1.1290 TP5= @ 1.3204 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 ❤️
Long
by ForecastCity_ME
MANA token in descending triangle consolidation.Mana token that is built on Ethereum coin is a currency of Decentraland. It gained a reputation last year after the launch of the metaverse to the public domain and gave a nice return of about 600-700% in just few months. Though, after the initial hype the token lost its gains and travelled back to its inital price. The token started trading below its weekly 20 ema in the First week of April 2021 and is still trading below it. Even on the smaller time frame (daily), MANA is struggling to convincingly trade over its 20 DMA and is now forming a desending triangle formation. Its trading around its 20 DMA and have lost around 85-90% of its value from ATH. If the global markets regain their bullish moment the token can also give a nice targets. On the 4-hour chart analysis the token is taking a support around 0.681 USDT levels. Support:- 0.681, 0.629 Resistance :- 0.720, 0.730 The token has been in the down trend for so long and bullish move is expected in it. Wait for the token to breakout of the consolidation range and a price action near the levels for creating an intraday or swing trade.
by Mambotrade
💡Don't miss the great buy opportunity in MANAUSD @decentralandTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (2.5317). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . MANAUSDT is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 73. Take Profits: TP1= @ 2.7182 TP2= @ 2.9297 TP3= @ 3.1684 TP4= @ 3.4028 TP5= @ 3.9653 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 ❤️
Long
by ForecastCity_ME
2
💡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 ❤️
Long
by ForecastCity_ME
2
💡Don't miss the great buy opportunity in MANAUSD @decentraland Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (2.8471). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . MANAUSD is in an uptrend, and the continuation of the uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 72 Take Profits: TP1= @ 3.3927 TP2= @ 3.6707 TP3= @ 3.9752 TP4= @ 4.2921 TP5= @ 4.8152 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 ❤️
Long
by ForecastCity_ME
2
💡Don't miss the great buy opportunity in MANAUSDTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (2.7034). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . MANAUSD is in an uptrend, and the continuation of the uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 53. Take Profits: TP1= @ 3.0775 TP2= @ 3.4566 TP3= @ 3.8489 TP4= @ 4.2019 TP5= @ 4.9394 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 ❤️
Long
by ForecastCity_ME
5
Possible Opportunity - Cup and Handle on 30mGood morning traders! Hope all is having a great weekend so far. MANA has been channeling upward, possibly forming a cup and handle pattern. RSI has plenty of room to push to the first TP. If this pattern takes further shape, we could 1.00 within the next week. Will be keeping an eye on this possible option for opportunity. Would love to hear your thoughts! TP1 - 0.85 TP2 - 1.00 Information provided here is not intended as financial advise. Please, dyor.
COINBASE:MANAUSDLong
by TheWaveRider