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FieryTrading
Apr 21, 2021 3:15 PM

πŸ”₯ MANA Channel Break OutΒ Long

Decentraland / TetherUSBinance

Description

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After seeing incredible gains during 2021, MANA has been consolidating for five weeks now. This period of consolidation has seemingly ended since the price broke out of the channel.

However, this break out came to a full stop during BTC's dump earlier this week. Now with the crypto market showing signs of recovery, MANA can finally resume its path up.

Happy trading!
Comments
BigLava
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Very nice analusis
MarcellusLUX
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Nice idea mate!
FieryTrading
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@SensibullTrading, Thanks broπŸ”₯πŸ”₯
jaber_r_63
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Break out is very weak and there is a possibility of relapse
FieryTrading
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@jaber_r_63, Weak because the price fell back towards the top of the channel. It's reversing as we speak. Let's hope BTC will stay relatively bullish so that more volume will flock in.πŸš€
jazerbay
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Yay good job! I have the same view. πŸ”₯πŸ‘
financialflagship
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Strong analysis, keep up the good work. πŸ™Œ
Rawkoala
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Super bullish! Nice one!
FieryTrading
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@Rawkoala, CheersπŸ”₯
TRADiNG_hub
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Strong Breakout Set-up 😍
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