Currently, I see the short-term ascending triangle (green) leading to the next step in a symmetrical triangle (red)...or just what was needed to create a H&S scenario (blue). A dip to $3 would confirm the H&S pattern, leading to a drop to mid-$2.40's. Hopefully, it will stay above $3.20 at least until it breaks $3.60, invalidating the H&S. It really depends on BTC. If BTC tests 42-44K again, MANA and everything else will tank...I think, because these are just ideas and not financial advice.
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.