MyCryptoParadise_Nathan

MANA/USDT Could MANA break the pattern or going to retest ??

BINANCE:MANAUSDT   Decentraland / TetherUS
πŸ’Ž MANA has recently witnessed significant developments in the market. Currently, MANA appears to be on a downward trajectory, heading towards the demand area. There is potential for a significant bounce once it reaches the demand area.

πŸ’Ž However, if MANA aims to reverse its course and move upward without retesting the demand area, it faces a challenging task, as it would need to break the existing pattern.

πŸ’Ž The target for an upward movement could be the strong resistance area, but achieving this probability would require a breakout to reach our goal at the Bearish OB.

πŸ’Ž On the other hand, if MANA retraces to the demand area during a retesting phase and fails to sustain itself there, resulting in a breakdown of the demand zone, this would be a bearish signal. It could trigger a continued downward movement, potentially returning to the strong support area.
Trade closed: target reached:
Just like clockwork, #MANA is tracing our forecast, hitting that sweet 65.26% growth mark.


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