Catchy title hey? MANABTC has formed a bullish W following a bearish descending triangle. Testing the success rates on formations that are less common but still present, for example the bullish W.
Do I really need a description for this? Self explanatory.
These are a few of the requirements for a rounding bottom:
Prior established downtrend
A clear level of resistance
Rounding price action
High time frame
Equal length between decline and incline
On two month chart priceline of Decentraland (MANA) / Bitcoin cryptocurrency has formed a bullish shark pattern and entered in potential reversal zone to hit the sell targets soon insha Allah.
Volume profile of complete pattern is showing less interest of traders at this area.
MACD upto two week chart turned weak bearish from strong bearish.
I have used...
Priceline of Decentraland (MANA) / Bitcoin has formed a bullish butterfly pattern.
Even though the price action has already hit the sell zone but all indicators are still bullish therefore I am expecting that the priceline will take a proper bullish divergence and enter the sell zone completely.
RSI is oversold and moving up
MACD is strong bullish
Volume profile...
MANA in further view is not good. If you bought MANA as my quick signal, you should sell it at 370sts zone because I don't see any good sign shows it can breakout. It can drop hard to 280sts zone. If MANA passes 375, we will have new analysis
RED ARROW indicates the EXPECTED Time and Targets
Level Stoploss point up to maximize profit and reduce risk
I'm working all the time, even in Bearish Market
RED ARROW indicates the EXPECTED Time and Targets
Level Stoploss point up to maximize profit and reduce risk
I'm working all the time, even in Bearish Market
What does the Higher time Frame Analysis Show Us?
Bullish
The RSI Stochastic appears to be crossing over shortly to the bearish side, that does not seem to be deterring based on Market Sentiment and accumulation.
Moving Averages for the 15/90/55 appear to be all crossing over at once, when this happens it usually brings about unprecedented volatility to the...
Our group bought at previous breakout, considering that, you will need MANA to participate in another LEND auction, this shouldnt be the end of the run, I would wait for small correction or break resistance with volume.
Looks like a nice support on the 1.616 fibonacci line and also the 234 moving average, it is now near the end of the full wave cycle so i believe an uptrend is likely as we approach the end of the year. MANA has historically performed better than a lot of alt coins while having a lot of volatility which is great if you prefer stormy seas!
Disclaimers, not...
#MANA (MANA/BTC)
Buy : 1030
Flash Sell : 1100
Short Sell : 1200
Long Sell : 1300-1400
Stop : 890
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PM me if you need help or need know to trade
Hello dear
The chart is in a bullish channel.
Now the price is at the bottom of the channel.
The record shows that when prices hit the bottom of the channel, the price rises.
The Williams Oscillator is building the floor.
The Money Flow Oscillator shows the capital's return.
It is recommended that you make a purchase at the bottom of the shopping channel if there...
