MANAUSDT Analysis May 15, 2022
We turned Bullish on Decentraland, 
MANA. The two BUY signals fired on Saturday evening and MANA is looking mighty fine after an Open/Close above both the ($0.70) Support and the Daily Downtrend. We can see over 100% and possibly 300% profit from this Support Line. Our next Resistance Level is at ($1.50) and then not again until ($2.85). We'd like to see a UMAC (Cross) signal too.
It looks like we found a very strong support area around ($0.70). If we look back to the October/November range in 2021, we held this support level for over a month, and then look what happened...Not Financial Advice...Trade with Confidence and Control.
MANA. The two BUY signals fired on Saturday evening and MANA is looking mighty fine after an Open/Close above both the ($0.70) Support and the Daily Downtrend. We can see over 100% and possibly 300% profit from this Support Line. Our next Resistance Level is at ($1.50) and then not again until ($2.85). We'd like to see a UMAC (Cross) signal too. It looks like we found a very strong support area around ($0.70). If we look back to the October/November range in 2021, we held this support level for over a month, and then look what happened...Not Financial Advice...Trade with Confidence and Control.
The future of currency and technical trading is here!
tradinggrey.io | currenshi.io
Not Financial Advice...Trade with Confidence and Control.
tradinggrey.io | currenshi.io
Not Financial Advice...Trade with Confidence and Control.
Related publications
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.
The future of currency and technical trading is here!
tradinggrey.io | currenshi.io
Not Financial Advice...Trade with Confidence and Control.
tradinggrey.io | currenshi.io
Not Financial Advice...Trade with Confidence and Control.
Related publications
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.