Over the course of several months now, MANA (and most other cryptos) have been trading bearish. However, MANA appears to be trading on a massive bullish support area within a bullish channel pattern.
Best case scenario would be for MANA to see some kind of huge inflow of buyers, creating a big green daily/weekly candle to confirm the change in trend. Especially in this market I'd advise to wait for bullish confirmation, since there's a decent probability for the price to fall through the support area.
Happy trading!
Best case scenario would be for MANA to see some kind of huge inflow of buyers, creating a big green daily/weekly candle to confirm the change in trend. Especially in this market I'd advise to wait for bullish confirmation, since there's a decent probability for the price to fall through the support area.
Happy trading!
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