Decentraland MANA Crypto Prices Continue To Rise? #6
Quick update:
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Plz get a look at previous analyzes.
We've mentioned on :
#4 / that the market will have a correction o 13% to 16%, and we can see exactly 17,xx% pullback.
#5 / that the level 3.6429 is a good range to buy and collect some coins by investors.
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- 3.6614 become great support now for us, we can get some coins from there to go up.
- the price has broken the resistance by 3.9361 with a retest once from the bottom and once from the top, to become a supporter.
- We are in a 2nd area to buy and try again to go throw 4.2484.
- The price can keep moving between 3.9361/4.0931 for a couple of hours.
- Else we will see the market goes down to 3.7320.
Decentraland MANA Crypto Prices Continue To Rise? #5
We hit the INTERVAL1 (as we've mentioned it before) after the break POINT 1, but not the POINT 2 :( , for that we see the 2nd scenario, after breaking down our support 3.9361 now it becomes a resistance.
- The action taken by the market is now still normal, as we said before we cant expect a 100% bullish market and we are in a correction of 13% to 16% even more.
- We have a good amount of liquidity on the Fib50 level 3.6429, investors will keep buying on the area for a while.
- Else, we have a good support of 3.4900.
Decentraland MANA Crypto Prices Continue To Rise? #4
As we said before, after the break out of the blue channel on the 3.8440 by a 4H candle, we hit interval 1, we have a resistance on 3.9361 that keep the price above it and form a bullish pennant shape that means the price will get a good momentum to go up to 4.9871 after breaking points 1 and 2.
unfortunately, after all that bullish trend , we are waiting for a 13% to 16% down after breaking 3.9361.
***************************************************************************************************************************
Plz get a look at previous analyzes.
We've mentioned on :
#4 / that the market will have a correction o 13% to 16%, and we can see exactly 17,xx% pullback.
#5 / that the level 3.6429 is a good range to buy and collect some coins by investors.
***************************************************************************************************************************
- 3.6614 become great support now for us, we can get some coins from there to go up.
- the price has broken the resistance by 3.9361 with a retest once from the bottom and once from the top, to become a supporter.
- We are in a 2nd area to buy and try again to go throw 4.2484.
- The price can keep moving between 3.9361/4.0931 for a couple of hours.
- Else we will see the market goes down to 3.7320.
Decentraland MANA Crypto Prices Continue To Rise? #5
We hit the INTERVAL1 (as we've mentioned it before) after the break POINT 1, but not the POINT 2 :( , for that we see the 2nd scenario, after breaking down our support 3.9361 now it becomes a resistance.
- The action taken by the market is now still normal, as we said before we cant expect a 100% bullish market and we are in a correction of 13% to 16% even more.
- We have a good amount of liquidity on the Fib50 level 3.6429, investors will keep buying on the area for a while.
- Else, we have a good support of 3.4900.
Decentraland MANA Crypto Prices Continue To Rise? #4
As we said before, after the break out of the blue channel on the 3.8440 by a 4H candle, we hit interval 1, we have a resistance on 3.9361 that keep the price above it and form a bullish pennant shape that means the price will get a good momentum to go up to 4.9871 after breaking points 1 and 2.
unfortunately, after all that bullish trend , we are waiting for a 13% to 16% down after breaking 3.9361.
Penafian
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