TheSignalyst

MANA - Wait For The Trigger!

Panjang
BINANCE:MANAUSD   Decentraland
Hello everyone, if you like the idea, do not forget to support with a like and follow.

MANA is sitting around a strong demand zone in green so we will be looking for buy setups.

on H4: MANA formed a valid channel in red but it is not ready to go yet.

Before we buy, we want the buyers to prove that they are taking over again.
You don't want to buy a bearish market right?

Trigger => Waiting for a momentum candle close above the last swing high (in gray) to buy.

Meanwhile, until the buy is activated, MANA would be overall bearish can still trade lower til the lower blue demand zone.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich

This analysis is done using RichTL
www.RichTL.com

My Telegram Channel
www.t.me/thesignalyst

Best CFD broker
cutt.ly/TickmillReal
Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.