Decentraland: Fake Rally?
Decentraland reacted significantly to the low of April 7 and temporarily achieved an increase of over 50%. Still, there is a 33% chance that the current corrective movement is not yet complete, and we will see a final setback to a fresh low of the green wave alt. [2] in the short term. Primarily, however, we assume that a sustainable bullish trend reversal and the start of a magenta uptrend quintet have already succeeded. Via the magenta and the subsequent interim correction of wave [ii], MANA should now gather momentum for the impulsive breakout of the magenta wave [iii] above the two resistance levels at $0.59 and $0.85.
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📊 Daily market insights combining macro + Elliott Wave analysis
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter at hkcmglobal.com
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter at hkcmglobal.com
Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.