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RLinda
Aug 5, 2022 10:05 AM

MANAUSDT ! Retest resistance. Ascending channel. What's next?🤔 Long

Decentraland / TetherUSBinance

Description

MANAUSDT forms a breakout of the trading range after repeatedly testing the upper boundary at 0.9358.

On the chart, I have marked the price movement as from 0.7550, the price forms an upward price channel and is momentarily testing the resistance at 1.0475.

I assume as the price comes back to retest this level, there is a good chance that the price could break it. The local trend is uptrending and the trend change was confirmed earlier. Key targets: the short-term target is the resistance at 1.1615, the medium-term target is the resistance at 1.3447

Regards R.Linda!
Comments
RLinda
Do you agree with me?
Hosienrezasoltani
👍👍❤❤👏👏👏
yonsfx
Amazing Linda
SwallowPremium
Totally possible, also beautifully shown the corrections aswell, thanks Linda!
parissap
can't agree more
ArmanShabanTrading
Amazing TA , Keep up the good work 🥂
Michael_Winner
Good chart, thanks for your Mana/Usd idea
Serana2324
Thanks for sharing
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