MANABTC challenged Decembers 2019 high yesterday... Today's candle is leaning towards the bulls... Let's see what we have here.
Looking at Decentraland (MANABTC), we have some mixed signals but the bulls are surely in control.
For the last bullish wave, prices retraced all the way to 0.618 Fib. retracement support, notice that this is higher than 0.786 that we are usually seeing, circled in purple on this chart.
A shorter retrace is a positive/green signal.
MA200 was conquered and tested as support and the RSI is very strong.
A 35%+ move is easy on this setup if 0.00000517 is broken. I am bullish on this pair overall.
Thanks a lot for reading.
Namaste.
Looking at Decentraland (MANABTC), we have some mixed signals but the bulls are surely in control.
For the last bullish wave, prices retraced all the way to 0.618 Fib. retracement support, notice that this is higher than 0.786 that we are usually seeing, circled in purple on this chart.
A shorter retrace is a positive/green signal.
MA200 was conquered and tested as support and the RSI is very strong.
A 35%+ move is easy on this setup if 0.00000517 is broken. I am bullish on this pair overall.
Thanks a lot for reading.
Namaste.
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🚨 Get the FULL (6-in-1) PREMIUM PACKAGE
lamatrades.com —Since 2017
🚨 TOP Results: ZEC +2736% · ETH +2150%, CRO +1272%, AAVE +1134%, DOGS +868%, SOL +861%, XRP +749%, BTC +580%
More 👉 t.me/masteranandatrades/6681
lamatrades.com —Since 2017
🚨 TOP Results: ZEC +2736% · ETH +2150%, CRO +1272%, AAVE +1134%, DOGS +868%, SOL +861%, XRP +749%, BTC +580%
More 👉 t.me/masteranandatrades/6681
Related publications
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.