Descending channel...
Updated
Descending channel in play, for now I don't see signs of a bounce.
Moving into 6H chart, EMA50-100 acting as resistance, Price tested upper trendline of the channel but got rejected for now. If nothing changes, ~819sats could be a new floor...
Moving into 6H chart, EMA50-100 acting as resistance, Price tested upper trendline of the channel but got rejected for now. If nothing changes, ~819sats could be a new floor...
Trade active
MANA update, broke up from the descending channel on Feb12th, touched first target and got rejected on EMA200. Now its doing a pullback after RSI got oversold. If EMA100(red) hodls and bounces then new targets can be achieved. Buy signal from UCTS is still in play #MANA
UCTS Indicator? Get a 10 days FREE trial at Cryptontez.com
Improve your Crypto Trading with 3commas. 3commas.io/?c=Cryptontez
Telegram Group: t.me/CryptontezTA
Improve your Crypto Trading with 3commas. 3commas.io/?c=Cryptontez
Telegram Group: t.me/CryptontezTA
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.