Decentraland ( MANA ) Bullish Trend / Metaverse Leaders / H4
Metaverse is a world that has been on the tongues for some time!
MANA and SAND are the two leaders of metaverse, the analysis of SAND was recently published for you.
MANA broke its long term trading range and rallied up with series of bull candles.
After hitting new ATH it fall down and got supported with $2.22 - $2.34 price.
Then it started to create higher highs and higher low is simplest and basic sign of bull trend.
2 important levels for us are:
1) Bullish Trendline ( Gold Line )
2) Breakout point as Support ( $4.2 - $4.36 )
Higher prices expected if bulls hold price above this 2 levels.
**This is not an investment advice. Your capital might be at risk.**
Give me your idea on comments...
Good Luck...
MANA and SAND are the two leaders of metaverse, the analysis of SAND was recently published for you.
After hitting new ATH it fall down and got supported with $2.22 - $2.34 price.
Then it started to create higher highs and higher low is simplest and basic sign of bull trend.
2 important levels for us are:
1) Bullish Trendline ( Gold Line )
2) Breakout point as Support ( $4.2 - $4.36 )
Higher prices expected if bulls hold price above this 2 levels.
Give me your idea on comments...
Good Luck...
Comment:
Bears broke the trend line so Just look at the Breakout point as Support ( $4.2 - $4.36 ) to see if this zone hold price or more correction will happen.
