MANA/USDT , TF:1D, 16.01.2022

On MANAUSDT we can see a descending channel (from 23.11.2021). We also see that the price tends to remain in the upper part of the channel, which means it made a mini-acumulation zone there (EMA 100 as support). If the price break the upper limit of the channel and after will retest it as support, we can see a bullish movement. (bullish movement maybe also be confirmed by bullish divergence on RSI)
Chart PatternsTechnical IndicatorsTrend Analysis

Also on:

Disclaimer