MANTA will pump soon with Wyckoff Methods1h time frame
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MANTA performs a standard Wyckoff Accumukatuon Methods, which provide guidelines for identifying trade candidates and entering long positions. From chart above, we can recoginze obvious phases of Wyckoff, icluding AR / ST / Spring / LPS / SOS. Currently, MANTA is probably under the SOS phase (Sign of Strength), that is a price advance on increasing spread and relatively higher volume.
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Targets: 4.7 / 5.6 / 60+(long-term)
Mantasignals
MANTA target 5.24h time frame
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MANTA is suffered from deep dump today. However, there is a strong support since January, MANTA always bounded once touched the uptrend line. Due to less data of candles, we can only use Fibonacci Extension to estimate the final target, which is $5.
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TP: 3.73 / 5.2
SL: 2.74



