MANA Fueling up Ascending Triangle!?
I'm trying something a little different today still using Fib Timeframes which I love a lot but this time I'm measuring every swing to try and capture a more accurate bottom I'm also trying to understand the emotions in the market more I think that is an important aspect to look at. So what I'm seeing is as the wave starts the time to hit highs and higher highs are longer than as the market moves forward. The Dips also tend to be shorter as time moves forward. I think this has to do with emotions building up in the market which is completely normal. People who got in at the bottom would for sure take 300-500% profits which cause the dips which bring more entry points.
All in All Mana is forming an ascending triangle in the consolidation area. I'm bullish on MANA as of now.
(NOT FINANCIAL ADIVSE DYOR!)
All in All Mana is forming an ascending triangle in the consolidation area. I'm bullish on MANA as of now.
(NOT FINANCIAL ADIVSE DYOR!)
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