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Manaanalysis

MANA/USDT 30M SHORT UPDATE Welcome to this quick  mana/usdt short analysis.        I have tried my best to bring the best possible outcome me in this chart. Reason of trade :- mana/usdt is head and shoulder pattern has been made in the garland, it is a symbol of bearish pattern, Entry:- CMP (buy green zone) Target:- T1:-$1.24 T2:-$1,18 T3:-$1,08 T4:-$0.98 Stoploss:- $1.43 Sorry for my english it is not my native languages. Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade. Happy trading. Do hit the like button if you like it and share your charts in the comments section. Thank you...
Short
by CryptoSanders9563
3
Mana eye balling $1We have just broken out of a consolidation phase, broke along the top now on a slight retest. We should see a nice uptrend followed by another pullback creating a Double Bottom which would send us on our way towards $1 as we head into the weekend. 2 Indicators we must pay attention to is if we break back into the consolidation phase & test the lower resistance, this could indicate a reversal. Also the RSI has shown strong Uptrend patterns repeatedly, as we bounce off this RSI resistance we should continue on an upward trend. But if we break below this trendline then we will see a reversal throwing us into another Consolidation or breaking this trend & getting Bearish.
COINBASE:MANAUSD
by Kyle_Kinnaird