Decentraland’s MANA remains stuck in corrective territory and should drift slightly lower in the short term, aiming for a new bear market low in the green correction wave . From that level, the next five-part magenta impulse should take over, pushing the price back above both the $0.59 and $0.85 resistance levels in wave . However, there is a 33% chance that MANA will progress faster than primarily assumed: the magenta impulse wave alt. could start directly, driving the price above the two green resistance levels at $0.59 and $0.85. In this alternative scenario, the green wave alt. would be already finished.
A large liquidity pool has formed below the price. We have not yet seen a bearish CH on the chart, but in the supply zone, considering the invalidation level as a stop, we can enter a sell/short position. If the invalidation level is touched, it will invalidate this setup. Do not enter the position without capital management and stop setting Comment if you have any questions thank you
This stock is forecasted to grow consistently for the next few quarters and with this recent drop from the highs it has given us the opportunity to buy thss stock from the current significant demand zone. good luck
Conservative CounterTrend Trade + long impulse + volumed SOS test / T2 level + support level + 1/2 correction + biggest volume Sp Calculated affordable stop limit 1 to 2 R/R above 1D T1 before 1/2 1M Daily CounterTrend "- short balance - unvolumed expanding T1 + volumed 2Sp+ + test" Monthly Trend "+ long impulse - below 1/2 correction + SOS test level?" Yearly Trend "+ long balance - neutral zone" Will add more if 5M corrects to 1/2 or 1H doest weak test and resumes buying
Pinning after abnormal purchases. ?I enter at the market price. I'll let you know when I record it manually. ‼️Risk per trade: 1% of the allocated funds for spot trading. Thank you!
TTD has been taken to the woodshed. I outlined a few levels of interest. My plan of attack it to initiate 35% of my desired position around $60 (59.75 level given). After that i will start a DCA every 2 weeks. I'll add more at the 200 week MA (RED). If price got to the lower range i would ramp up the DCA considerably. Long term i still like this company.
As you can see the pull back from previous down trend seems to be exhausted from bears pushing back hard. Wait for candle to break below the low of previous bullish candle and wait for rejection or pull back before entering shorts. Wait for the right timing to surf with the trend
I think it is important for people to full understand that the 172,000 job cuts from the Federal Government is more about showmanship than logic. The federal gov employees as a % of the population has been falling for decades through the growth of the population and the economy. This is the absolute best way to reduce gov. Debt, deficits, etc.. through growth, NOT cutting and causing a heart attack! Slow mythological, calculated cuts if/when they are required are fine. chaotic, reactive, for the sake of showmanship is NOT! This will not end well. There will be consequences, people have yet to realize and appreciate the severity of these actions. These actions taken by the current administration will be felt in the markets.
Short term Buy idea on Bitcoin. This is a riskier idea because: A) BTC is showing signs of Weakness (so we are counter trend trading) B) This idea is based on NFP news timing I may wait until Monday to get clarity (unless you also trade on the weekend) Overall Idea for this is: - W1/M candles have big rejection wicks to the downside, retesting the previous Week's wick, hinting at some Buyside potential - We see divergence with ETH. - The LTF H4 shows a Break of Structure, momentum move to the upside. - We've already had a retracement down after, and it validated the gap in price (blue zone), reacting off it, hinting that it will hold. - Now I'm waiting for the next best price to enter. Again, NFP volatility can create bigger than usual spikes, so keeping that in mind. If NFP takes it higher without coming to a better price, so be it - the train will leave without me. Will wait for further PA. Price will be giving the validation to enter.
XRP’s 5th Elliott Wave rally represents a once-in-a-cycle opportunity for early adopters. With technicals aligning, institutional interest growing, and Ethereum’s dominance under threat, this is not merely a price swing—it’s a paradigm shift. Don’t miss the wave. Alex Kostenich, Horban Brothers.