The chart for Decentraland (MANABTC) is starting to look quite bullish with an attempt yesterday to break above EMA10...
We are starting to see the early signals of a market that wants to move up... We still have some time left to go, within 2 weeks we can start to some really positive growth.
Let's get started with this analysis... Feel free to hit like to show your support.
Decentralanda (MANABTC)
We have the now common bullish divergence on the MACD. Notice the indicator moving up (higher lows), while the candles are moving down (lower lows).
We can see the MACD histogram now going green. As well as increasing volume, with the biggest volume bar since March 2018. We are looking at the biggest volume in 3 months in a single candle.
The RSI hit its lowest point ever on the 25th of June. See the chart here:
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.