MANGOErrything on solana probably sees some relief on the google cloud and meta partnership news
This thing essentially went to zero
Easy invalidation
Good r/r
Bullish target and the product was quite good if i recall
Mngo
Derivatives, Synthetics, FOREX...Next Big Opportunity?For the next bull market cycle, I believe the derivatives sector, synthetic assets, equities, commodities and FOREX can provide an above-average exponential gain.
That's because the blockchain and cryptocurrency market tends to swallow the traditional market (I didn't say that... it was a trader with 30 years of experience who abandoned the traditional market).
In this comparison, I put some of the projects that I consider to have upside potential, after listening to some analysts and also from my own experience.
I also put on the chart the price of BTC and ETH for benchmark.
Projects and tokens:
Synthetix (SNX) (via Optimism or Ethereum)
GMX (GMX) (via Arbitrum or Avalanche)
Gains Network (GNS) (via Polygon)
dYdX (DYDX) (via Etherem)
Mango Markets (MNGO) (via Solana)
Perpetual Protocol (PERP) (via Optimism or Ethereum)
Deri Protocol (DERI) (via BSC or Arbitrum)
Mngo 1h shortSetup: In this bear market, the market is trending downwards and it is good to follow the trend. Thus, i am mainly shorting shit coins. Mngo is one of them. It has convincingly broke past its weekly support with great volume and is looking to target the next main liquidity zone at 0.04505
Entry: 0.4795
TP: 0.0445
Trailing SL: Trail using 1 Atr above the 9EMA
