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Technical analysis by keykomg about Symbol MANA: Sell recommendation (1/15/2023)

https://sahmeto.com/message/3273326
keykomg
keykomg
Rank: 10292
1.5
Sell،Technical،keykomg

MANA is on a tear. It broke out of a descending wedge (green circle) and has a target of $1.25 which also corresponds with the fib .618. The $1.25 price target is further supported by an Inverse H&S that began forming in early August. However, MANA hasn't broken out of the descending channel (red circle) but is gearing up to push past at $0.74ish. Minor resistance at $0.80 and psychological at $1.00. Don't be surprised if MANA dips to the $0.59 area before pushing higher. These are just my ideas and not financial advice. Good luck.

Translated from: English
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Signal Type: Sell
Time Frame:
1 day
Price at Publish Time:
$0.69315
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