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Yuriy_Bishko
Nov 26, 2021 9:24 AM

MANA - why the drop happened? Short

Decentraland / TetherUSBinance

Description

It's Black Friday coming to the market today. A lot of coins lost more than 10% in just a few hours. So many people were asking when to buy MANA and SAND. On our platforms, we warned against buying these coins.

At the very top of the chart, a head and shoulders reversal pattern was formed. Behind the rules, opening a position after a breakdown and the target is equal to the height of the head. Based on the rules, the price can reach the lower liquidity area.

Write in the comments all your questions and instruments analysis of which you want to see.

Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.

P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.

Trade closed: target reached

Comments
pleasedStar4182
hi
good idea
please tell us about enj
dabeastalen
Because BTC dumped, that's why no magical stick to dump. After BTC stabilizes Metaverse hype continues! And Mana will go up! About 10$.
No, I am not invested in Mana, so I don't really care much. But just saying what happened!
Hyper420
@dabeastalen totally agree
Cryptarded84
@dabeastalen if you guys actually noticed there’s an inverse correlation between btc and mana. If btc pumps mana is gonna go down. Go compare the pair
Oacen
@Cryptarded84, true same with gala and mana when btc is going up its taking the volume from these sht coins.and now btc is down and sht coins down also.
fomos money are over now its time for the teams of sht coins to make money dumbing tokens.
65% of sand tokens are in team hands they want to make money
Hyper420
Mana to the🚀🚀
elvinnraj
Hi, I opened a long at 5.1with 2x levetage, suddenly market got dumped. now its $4.8. is it better to hodl or sell?
metza24
@elvinnraj, buy more at 3.5 if you can afford it:)
JustTradeSignals
Nice working mate :-) check out our recent analysis please
Vibranium_Capital
Thanks for the idea
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