MANA has seen extreme gains on a 1 month horizon. However buyers should be careful at this stage as on the 1D time-frame, the price is printing a Bear Flag, the likes of which has been a strong red signal in the past.
As you see on the chart, every time this pattern along with the RSI going into a descending triangle, has always preceeded a sharp market correction to the 1D MA200. Maybe that would be the best level to get in again.
--------------------------------------------------------------------------------------------------------
** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
--------------------------------------------------------------------------------------------------------
As you see on the chart, every time this pattern along with the RSI going into a descending triangle, has always preceeded a sharp market correction to the 1D MA200. Maybe that would be the best level to get in again.
--------------------------------------------------------------------------------------------------------
** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
--------------------------------------------------------------------------------------------------------
I'm leading Team TRADINGSHOT in WhiteBIT Trade Battle💰50k USDT rewards
Register before May 26👉 tradingshot.short.gy/WhiteBit
Join Team👉 tradingshot.short.gy/WhiteBitBattle
For Forex I use👉 tradingshot.short.gy/Tradenation
Register before May 26👉 tradingshot.short.gy/WhiteBit
Join Team👉 tradingshot.short.gy/WhiteBitBattle
For Forex I use👉 tradingshot.short.gy/Tradenation
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.
I'm leading Team TRADINGSHOT in WhiteBIT Trade Battle💰50k USDT rewards
Register before May 26👉 tradingshot.short.gy/WhiteBit
Join Team👉 tradingshot.short.gy/WhiteBitBattle
For Forex I use👉 tradingshot.short.gy/Tradenation
Register before May 26👉 tradingshot.short.gy/WhiteBit
Join Team👉 tradingshot.short.gy/WhiteBitBattle
For Forex I use👉 tradingshot.short.gy/Tradenation
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.