I consider a candle with a large downward shadow a good opportunity to enter a position. Preferably, if the price after such a stabbing returns to 50% of the momentum of that candle, it means that a big player accumulates a position. Of course, if we fix below this figure, the signal is canceled
#MNT We have a bearish channel pattern on a 12-hour frame, the price moves within it, adheres to its limits well, and is expected to break it upwards strongly. We have a green support area at 0.800 We have a tendency to stabilize above moving average 100 We have a downtrend on the RSI indicator that supports the price higher Entry price is 1.04 The first goal is...
The current support level presents a tempting opportunity. Currently trading at $1.10, finding support on the 4-hour timeframe chart. If bulls can hold the price at or above this support level, it could signal a potential reversal and an upward trend. If the bulls can maintain control, $1.1452 is a possible target price. This represents a potential upside of...
Mantle (MNT) is an emerging cryptocurrency that focuses on creating a robust layer-1 blockchain platform aimed at delivering high scalability, security, and interoperability. Mantle aims to streamline blockchain adoption across various industries by offering a flexible and efficient framework that supports a wide array of decentralized applications. The current...
💎Paradisers, turn your gaze to #MNTUSDT, currently in a demand zone, hinting at a potential bullish breakout. 💎At the moment, #Mantle is on a rising path, indicating a bullish phase around the $0.741 support zone. This pattern aligns with an ascending channel, consistently finding support within the channel across several instances. If the momentum is maintained,...
Thank you for reading this update. MNT seems to have entered a new volume trend that could get new confirmations in new time frames. The data frame shows an interesting view of MNT
Mantle is showing weakness while lot of alts are pumping. 0.63 is a strong resistance, and i think we will a reversal bearish pattern when we will get there. First target to start closing the short trade will be around 0.555, a great support zone
💎 Paradisers, let's focus on #MNTUSDT, which is currently displaying a noteworthy trend. After breaking above a key resistance, it's showing a strong likelihood of a bullish move following a retest. 💎 Recently, #Mantle has demonstrated an upward move from the support level of $0.5691. As the price now attempts to breach the resistance at $0.6587, we can...