EdgarTigranyan

Mana to $7 or $3 first ?

COINBASE:MANAUSD   Decentraland
Hello all. Interesting pattern formation for mana both on daily and on the 4hr charts.

We have a descending channel which can play as a bull flag and put us around $7.

On the other hand, we have formed a descending triangle which is a bearish pattern. The measured move for this patter is approximately 35% which will put us at around $3 range. This level corresponds with the 50 EMA on the daily also with the fib gold pocket.

Definitely interesting to watch since we have bearish and bullish sentiment going on. Keep an eye on it.

Super bullish long term and buying more. Top of the ascending channel sits around $7 which we will reach very soon no matter what.

Thanks for reading and stay tuned. Enjoy.

免責聲明

這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。