The weekly chart has broken below 50 for the first time in over two years. Seems like a big deal amongst constant expectation of a bounce. Be careful opening longs.
Fib retracements from the bottom to the top of the uptrend (after Bitfinex listing) show quite clearly honoured resistance/support lines on the daily chart .
Bullish trend channel emerging, waiting for 3rd bounce off support to be sure, as MANA was listed on 5 exchanges throughout the price pump in December, so the next couple of days should confirm if this has...
Have bounced off the cloud, and a measured move up would take it to the previous confluence line that finished out 2017. RSI showing a similar setup to that of the flagpole.
Long term resistance from the all-time-high now converging with short term support - and almost playing out the exact same pattern over the same period from 21st December to 5th Jan. In that instance there was a sharp break above the trend followed by a 25% drop. If we get a close above the pennant it may be worth considering a long position if it can go on to...
