Mana had a nice rally up and made a retracement on .618 fibbs on 17 march. Since then its forming this breakout pattern. RSI is showing lower lows but price action is making higher lows which suggests a breakout. I have set up alarm on both trendlines to trade the break either way, which always present a good RR set up. I have medium confidence in Breakout due to dipping volume.
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.