MANA remains in a downtrend, with no clear signs of reversal yet.
Further downside is expected, targeting a retest of 0.2626 before a possible higher high above 0.3062.
No bullish RSI divergence appeared on the August low, reducing the chances of an immediate recovery.
Bearish RSI divergence was present on the August high, reinforcing the bearish outlook.
A potential 100% extension points to 0.2587 as a strong downside projection level.
Further downside is expected, targeting a retest of 0.2626 before a possible higher high above 0.3062.
No bullish RSI divergence appeared on the August low, reducing the chances of an immediate recovery.
Bearish RSI divergence was present on the August high, reinforcing the bearish outlook.
A potential 100% extension points to 0.2587 as a strong downside projection level.
📈 Experienced Crypto trader
👍 Simple, actionable content
🌊 Elliott Wave junkie
🧠 Trading psychology hacks
🎖️ Premium VIP Discord Server ($4.99/mth for a limited time - check link below)
linktr.ee/stoic.trader
👍 Simple, actionable content
🌊 Elliott Wave junkie
🧠 Trading psychology hacks
🎖️ Premium VIP Discord Server ($4.99/mth for a limited time - check link below)
linktr.ee/stoic.trader
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.
📈 Experienced Crypto trader
👍 Simple, actionable content
🌊 Elliott Wave junkie
🧠 Trading psychology hacks
🎖️ Premium VIP Discord Server ($4.99/mth for a limited time - check link below)
linktr.ee/stoic.trader
👍 Simple, actionable content
🌊 Elliott Wave junkie
🧠 Trading psychology hacks
🎖️ Premium VIP Discord Server ($4.99/mth for a limited time - check link below)
linktr.ee/stoic.trader
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.