MANAUSDT.P trade ideas
MANA UpdateEverything is self explanatory in the chart. Might stay bullish as it took support at the 0.618 level on Fibonacci
MANA great buying opportunityBull flag looks promising.
MANAUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day MA, which acts as a support.
#Not a financial advice
💡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
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MANA is BULLishMANA is likely to spike soon, hold on for a bullish run. This after days of accumulation, you can expect a big jump soon.
MANA-USDT(Symmetrical Triangle Breakout)Decentraland is a virtual reality platform built on top of the Ethereum blockchain allowing users to create, experience, and monetize content and applications. MANA is an ERC-20 token that fuels all the transactions of the game.
On 2 Hr Time Frame, MANA has been trading in a Symmetrical Triangle and is currently positioned near the upper trendline.
Key Levels to watch out for:-
MANA if manages to give a close above $1 is likely to move to new highs. Thus, it can fetch the targets of $1.15 and $1.3 respectively.
The support to the lower side is present at $0.9 .
MANA COIN MAY HIT $0.80MANA coin price traded at $0.68 with a gain of 22% in the last 24-hour and 96.86% up in the weekly time-frame. In contrast, the market capitalization stands at $1.124 billion. Technically, investors may perceive the price is way above all the SMA’s. Moreover, the movement of price can be above the resistance of $0.75.
Resistance: $0.75
Support: $0.47
Mana exit strategyFibonnaci & Resistance based chart for DCA
MANA exit strategy for those who bought at the top!!
