Bitcoinik

#MANA Educational Analysis, Buy Only if it breaks downtrend Line

BINANCE:MANABTC   Decentraland / Bitcoin
MANA is in a long downtrend and rejected many times from the downtrend resistance line. MANA has shown a minor uptrend and if holds the uptrend support line we see more upward moment. MANA must break 295 and hold that level for the further upward moment. If unable to hold above 295 we see MANA going sub 250. The coin is now at the deciding zone, let's see what happens next. A breakout will open the targets and we see a quick push towards 500-600. The post is just for educational purpose

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.