Black Friday saleUp to 70% OFF
Decentraland / TetherUS

MANAUSDT Bearish Movement

By ivanderyoshua
Ready or Not MANAUSDT will continue its bearish movement. I see a Hidden Bearish Divergence appears on my Stochastic indicator. Also based on price action trading, the bullish correction candle makes the body candle smaller as the price approaches the trendline area, indicating that demand strength appears to be decreasing. I assume that if the price cannot break the bearish trendline, the price will continue its bearish movement up to 3.1811, because there is MAJOR support there.

Bearish PatternsMANAUSDTmetacoinsmetaverseOscillatorsSupport and ResistanceTrend Lines
ivanderyoshua

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.