Description:
#MANA is showing a strong bullish reversal structure on the 4H timeframe, forming a clean Inverse Head & Shoulders pattern. The left shoulder and head are already completed, and price is currently developing the right shoulder, indicating a potential trend shift. There are no significant bearish signals at the moment, which further strengthens the bullish bias.
The key level to watch is the neckline resistance — a confirmed breakout above this zone could trigger a strong upward move. The plan is to wait for a solid breakout and possible retest of the neckline before entering a long position, ensuring proper risk management with defined stop loss and targets.
This setup offers a high-probability opportunity if market structure aligns with momentum on breakout. Patience is key — let the market confirm before execution.
#MANA #CryptoTrading #TechnicalAnalysis #Breakout #InverseHeadAndShoulders #Altcoins #TradingView #BullishSetup #SmartMoney #PriceAction
#MANA is showing a strong bullish reversal structure on the 4H timeframe, forming a clean Inverse Head & Shoulders pattern. The left shoulder and head are already completed, and price is currently developing the right shoulder, indicating a potential trend shift. There are no significant bearish signals at the moment, which further strengthens the bullish bias.
The key level to watch is the neckline resistance — a confirmed breakout above this zone could trigger a strong upward move. The plan is to wait for a solid breakout and possible retest of the neckline before entering a long position, ensuring proper risk management with defined stop loss and targets.
This setup offers a high-probability opportunity if market structure aligns with momentum on breakout. Patience is key — let the market confirm before execution.
#MANA #CryptoTrading #TechnicalAnalysis #Breakout #InverseHeadAndShoulders #Altcoins #TradingView #BullishSetup #SmartMoney #PriceAction
Trade active
Trade is active. move SL at 0.08280 and wait for final TP. Note
Move ur SL at break even point and wait for the final TP.Note
1st TP Hit. Trade closed: target reached
Trade is closed at break even point. 
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.
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.