Decentraland / Tether LINEAR FUTURES CONTRACT

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Decentraland / Tether LINEAR FUTURES CONTRACT forum


MANAUSDT MANA bulls be careful , 70% correction seems probable.

As reported in the recent update of the OTHERS market total idea, you have to be selective in this last stage of the bull market. Some positions are very bullish while other charts are incredible bearish.

On MANA you can see a continuation pattern in the form of a symmetrical triangle, they usually continue in the trend direction.

A 70% correction would be market structure, strong support.

tradingview.com/x/gTgdZV18/
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MANAUSDT
The key is whether it can be supported near the HA-Low indicator on the 1D chart and rise above the M-Signal indicator on the 1D chart.

If not, we need to check whether there is support near 0.2714.

The 0.2714 point is the StochRSI 50 indicator point on the 1D chart.

Even if it rises above the M-Signal indicator on the 1D chart, we need to check whether it can pass the HA-High indicator on the 30m chart.

In addition, in order to turn into a short-term uptrend, the price must be maintained above 0.2881.

Since the StochRSI indicator on the 1D chart is currently in the overbought zone, it will eventually show a downward trend even if it rises.

Therefore, if it continues to rise further, it is expected that support near 0.2881 will be an important key.
tradingview.com/x/ARohKNoV/
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BTCUSDT Grayscale Trust Investment’s cryptocurrency holdings have increased by more than 85% in market value over the past month, driven primarily by XLM, which has risen by more than 469% over the past month, while XRP has risen by more than 262% and MANA has risen by more than 105%

XLMUSDT XRPUSDT MANAUSDT