MANA - LONG

If this breaks $1.20 it could easily shoot up to $1.35 (1st target).

2nd Target: $1.55

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Possible short term scenario?

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Looking good...waiting for a break above the channel :)

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Looks like we're ranging in the channel. Looking for it to break above...

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I see two possibilities; either the grey arrow or the black ones. It can continue to range in this channel before it breaks above it...or it can simply just break above.

Given its recent run up (at least on the weekly and monthly chart) this is a healthy pullback.

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Finally broke above...lets see if it was a false breakout...(doesnt seem like it but worth waiting)...It retraced after breaking and now the top of the channel (previously resistance) has become the new support.

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MANA seems to be consolidating on the weekly...if you're in the trade we're gonna be experiencing a week of sideways movement before a new trend is formed.

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It's not looking good. I'm more bearish than bullish in the short-term.

Visionary

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Visionary

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