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Babsphoenix
Mar 5, 2023 7:59 PM

MANA: SHORT TERM BUY OPPORTUNITY Long

Decentraland / US DollarBinance

Description

Decentraland is forming a weekly TF bullish flag. The flag breakout is likely going to be initiated from the next support or the wide demand zone beneath it. A short term buying opportunity can be scouted on both. But a fast and long bullish move is going to be tough because there are many resistances ahead. For a long term buy, its better to wait for all the 3 weekly moving averages, 1w MA 50, 1W MA 100 AND 1W MA 200 to become support before buying.

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Comments
TheCryptagon
Great job. Thumbs up! I agree with you uptrend is coming in long terms Would appreciate your feedback on our view of the market:
Babsphoenix
@TheCryptagon, Thank you very much. I just commented on that excellent work
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