MANA has continued to form a bearish structure (4H)
Since we marked the green arrow on the chart and labeled it START, MANA has begun a bullish phase. This phase developed after completing a bearish continuation triangle, and the last wave of this triangle, wave E, has also concluded.
We have identified a clear supply zone. If the price pulls back to this zone, we will look to enter a position. Within the supply zone, it is recommended to enter gradually using DCA (Dollar-Cost Averaging) to manage risk effectively.
The targets are marked on the chart. Once the price reaches the second target, move your stop to break-even to secure the trade.
Keep in mind that a daily candle close above the invalidation level will negate this analysis, so always monitor the chart closely.
If you have a coin or altcoin you want analyzed, first hit the like button and then comment its name so I can review it for you.
What do you think? Is MANA bearish?
We have identified a clear supply zone. If the price pulls back to this zone, we will look to enter a position. Within the supply zone, it is recommended to enter gradually using DCA (Dollar-Cost Averaging) to manage risk effectively.
The targets are marked on the chart. Once the price reaches the second target, move your stop to break-even to secure the trade.
Keep in mind that a daily candle close above the invalidation level will negate this analysis, so always monitor the chart closely.
If you have a coin or altcoin you want analyzed, first hit the like button and then comment its name so I can review it for you.
What do you think? Is MANA bearish?
Transaction en cours
In the end, after hitting the specified supply zone, it dropped more than 8% and reached the first target.
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✅ Join our Telegram channel to succeed in crypto trading.
💎Our CRYPTO Telegram Channel: 👉 t.me/Behdark_EN
💎Our FOREX Telegram Channel: 👉 t.me/FX_Behdark
💎Our CRYPTO Telegram Channel: 👉 t.me/Behdark_EN
💎Our FOREX Telegram Channel: 👉 t.me/FX_Behdark
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.