TonyPark

TonyPark

Decentraland (MANA) appears to be in the final stages of Wave (4) within an Elliott Wave pattern. The rectangle consolidation suggests a potential breakout is imminent, with a significant upward movement targeting $10.5. Traders should watch for a breakout above the $2 resistance level for confirmation of the next bullish phase.

TonyPark

Chart Type: 2-Week Candlestick Chart We are potentially in the early stages of Wave 5, which is expected to drive prices higher. The chart suggests a bullish trajectory for Bitcoin, with a potential target around the 1.272 Fibonacci extension level, which is approximately $110k. The EMA (21) serves as a key support level. Happy trading!

TonyPark

The key to successful trading is simplicity. Complex strategies often lead to confusion and mistakes. Focus on a straightforward approach that you can easily understand and execute. Remember, simplicity is the best strategy. Happy trading!