Decentraland MANA Crypto Prices Continue To Rise? #5
Quick update :
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 become 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.
Decentraland MANA Crypto Prices Continue To Rise? #3
-After we rebound from the Fib 50 on 3.1486 we've created the upper blue tunnel that has been tested several times at 3.6963 and 3.7520, also line 3.3308 becomes great support for the price in case of a pullback.
-Now the price tries to break out the blue channel on the 3.8440 but we have a resistance on the level of 3.9161, and if a 4H candle closes above it we guaranty the touch of the interval 4.1555/4.1864 before retesting the 3.9361 and go up to visit 4.9871.
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 become 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.
Decentraland MANA Crypto Prices Continue To Rise? #3
-After we rebound from the Fib 50 on 3.1486 we've created the upper blue tunnel that has been tested several times at 3.6963 and 3.7520, also line 3.3308 becomes great support for the price in case of a pullback.
-Now the price tries to break out the blue channel on the 3.8440 but we have a resistance on the level of 3.9161, and if a 4H candle closes above it we guaranty the touch of the interval 4.1555/4.1864 before retesting the 3.9361 and go up to visit 4.9871.