MANTA is exploding and it's breaking every resistance. It's actually trying to broke the last stop before new ATH. I expect a small range before pumping till $3.9 first and $4.35 next. It's matter of time
MANTA is approacing main support trendline. We basically have two options here (As always): bounce the trendline aiming for resistance zone at 3.16 or break the trendline and going to support zone at 2.5. Considering the ETH possible weakness, i expect the short. Trying new color setup, do you like it? I think it's more clear
MANTA is moving exactly in my zone of interest, that is a good support zone on ourly timeframe. I expect the price to start pumping from there, that's why i have a tight invalidation. BTC will lead the move, so if BTC decide to drop more, setup will probably be invalidated. Target liquidty zone on M15 timeframe
I don't like the actual chart on MANTA. I am sure it can pump again (and probably will make a mega pump now that i am closing it) but i think i will wait a retrace till 3.2 before entering again. It's actually sitting on trendline, so price action is not clear.
We missed the take profit for few cents on MANTA, but setup was good and entry pretty perfect. I think we could see another pump on MANTA, the moment is good, and the target is still possible. But i decided to no risk more and i personally close 50% here keeping the rest at break even
