Indeed the market has been on a free fall. Mana is getting its share of the effect of gravity.
Mana has formed an important pattern "M"... this asset is sitting at an important zone which is the neck of the M-pattern.
Looking at my TA, is either MANA breaks through the trendline at the neck of the pattern or the support at that zone holds.
Possibilities.
1. The bearish run continues, break through the trendline and ride to $2.4 zone
2. The support level holds and the bull come back to push this asset to $2.8 -$3 levels.
Warning: RISK MANAGEMENT IS IMPORTANT.
🙏🙏Thanks for coming around.. I will appreciate your like, COMMENTS and follow.
Mana has formed an important pattern "M"... this asset is sitting at an important zone which is the neck of the M-pattern.
Looking at my TA, is either MANA breaks through the trendline at the neck of the pattern or the support at that zone holds.
Possibilities.
1. The bearish run continues, break through the trendline and ride to $2.4 zone
2. The support level holds and the bull come back to push this asset to $2.8 -$3 levels.
Warning: RISK MANAGEMENT IS IMPORTANT.
🙏🙏Thanks for coming around.. I will appreciate your like, COMMENTS and follow.
Note
Bull TP achieved before the fall started againNote
We achieved our $2.4 target and I have added some assets here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.