MANA has had very clear technical patterns the past couple weeks. Couple. flag breakouts and all the up days have much bigger volume than the down days. Keep it simple.
More recently, we got a low volume retest of the mini flag breakout w/ big volume coming back in today to the upside. Still holding above the 8 day signals strong momentum and relative strength as its up significantly today when the rest of the market is in turmoil.
Think we take a shot at the ATH this week and anybody's guess where the top is, but left a couple fibs on the chart.
More recently, we got a low volume retest of the mini flag breakout w/ big volume coming back in today to the upside. Still holding above the 8 day signals strong momentum and relative strength as its up significantly today when the rest of the market is in turmoil.
Think we take a shot at the ATH this week and anybody's guess where the top is, but left a couple fibs on the chart.
Comment:
MANA in price discovery as the rest of the market dips. Metaverse coins taking all the liquidity out of the market today and probably tomorrow. Thanksgiving dinners around the world will be talking about the Metaverse 😂 late longs will be punished.