Seraphic

$MANA The beginning of a BULLISH Trend reversal???

Panjang
BINANCE:MANABTC   Decentraland / Bitcoin
$MANA Potentially the beggining of a trend reversal

I waited for an official close on the 12 Hour before publishing this chart.


12Hr
MANA has closed convincingly above the Kijin on the 12 Hour.
The Tenkan is starting to curl up, if we can get a TK Cross this would help with bullish sentiment.
The biggest hurdle will be 1039 which has acted as key Support/Resistance in the past several days and is the top of a Bearish Cloud. Flat clouds are typically harder to break.

3Hr
We are above the cloud for the first time since the 27th of Janurary.
MANA has all the bullish signals we need on this time frame
- Kumo break out (we may need to come down and retest, before we go higher)
- Bullish Kumo Twist
- Bullish TK Cross
- Lagging span above price and the cloud
- "Green Skies" ahead
968 would be a good place to see a bounce off of the cloud as support. This would be give bullish consencus.
Penafian

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