#MANTA
The price is moving within a descending channel pattern on the 12-hour frame and is expected to break upwards
We have a downtrend on the RSI indicator that has been broken upwards and we have a trend to stabilize above it
We have a major support level in green at a price of 0.600
We have a trend to stabilize above the moving average 100 which supports the rise
Entry price 0.650
First target 0.85
Second target 1.00
Third target 1.17
The price is moving within a descending channel pattern on the 12-hour frame and is expected to break upwards
We have a downtrend on the RSI indicator that has been broken upwards and we have a trend to stabilize above it
We have a major support level in green at a price of 0.600
We have a trend to stabilize above the moving average 100 which supports the rise
Entry price 0.650
First target 0.85
Second target 1.00
Third target 1.17
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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.
