Mana scalpzone 4 hr TF with supp & resisMANA is testing the support of the $1.252 area and needs to hold above this level. There is a downtrend line which works as a resistance level. A break above $1.80 is considered bullish and we see a rally towards the $2.20-$2.40 area. You can add some MANA near the support level with a tight stop loss of below the $1.25 level.
MANAUSDT.P trade ideas
risky buy worth it or not time tells!my reasons for entry here -
1.may be trying to form double bottom pattern(assumption).
2. Rsi Divergence.
3. Previous area of support
4. hammer candlestick pattern in daily TF
5. Inverted hammer seen in 15 min TF.
enough reasons to buy and please use stop according to risk appetite.
please refer to the chart.
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💡Don't miss the great buy opportunity in MANAUSDT @decentraland
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (2.1111).
. 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 below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 49
Take Profits:
TP1= @ 2.2406
TP2= @ 2.3572
TP3= @ 2.5255
TP4= @ 2.6673
TP5= @ 2.8482
SL= Break below S2
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#Mana scalpzone & triangle breakout 4hr TF sup. & resis.#MANA finally broke out of the triangle & resistance line and currently, retesting back. The support around, $2.51 is the good area for buy setups. #BTC also looking bullish but at the resistance, so use proper stoploss with and risk management as well.
💡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
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#Mana scalping zone 4 hr TF with sup. & resis#Mana scalping zone 4 hr TF with sup. & resis, there's is #ascending triangle channel pattern which is bullish and shows bullish intent. Currently, price reached a good flip area around $2.55 - $2.56. Overall, rejection is expected, if price break this resistance. Better wait for a breakout of the resistance line or a proper dip to any strong support.
💡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
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. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
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Trade well, ❤️
ForecastCity English Support Team ❤️
💡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!
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💎 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 ❤️
MANAUSDTSymmetrical triangle pattern formation on MANA on a daily timeframe ! Target should be around 6$ ! Incase BTC crash this chart not valid !
🚫Disclaimer:
I'm not an financial analyst! I'm sharing this with public! It just learning purpose only! If u find anything wrong with this post ! U can tell me ⬇️ comments!
Thank you!!!
😊😊😊