cryptofunke

MANA/BTC fibs after Bitfinex listing

BITTREX:MANABTC   Decentraland / Bitcoin
Fib retracements from the bottom to the top of the uptrend (after Bitfinex listing) show quite clearly honoured resistance/support lines on the daily chart .

Bullish trend channel emerging, waiting for 3rd bounce off support to be sure, as MANA was listed on 5 exchanges throughout the price pump in December, so the next couple of days should confirm if this has any legs to challenge the local high, or if it will be a steady journey back down to the 0.786 range.
Comment: Text on chart says 8th December, just a typo. Was added 9th Jan: https://coinmarketcal.com/pastevents?for...
Trade closed: target reached
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