MANA - Head and Shoulders Pattern

5 mar 2023

MANA forms the head and shoulders of the pattern under the resistance of the descending channel.

10 mar 2023

Trade attivo

29 apr 2023

Nota

5 giu 2023

Nota

8 giu 2023

Nota

MANA broke the trend line and is on its way to further support.

10 giu 2023

Nota

Mana is approaching a support point, if it holds there a small bounce is possible, but eventually it will still break down.

29 giu 2023

Nota

As expected, MANA bounced out of the area to test the broken previous support (currently resistance).
It's hard to accurately predict the path here, but I see that liquidity below the December low has not been picked and I don't see any nice structure for a bottom to move up from, I'm not looking at short pumps to hunt bulls.
I think the ridiculous country is more in the south.
I don't stand for game chips for this country and I don't think it's the future.
I canceled Facebook and everything like that a long time ago, I don't need to know who eats what shit and presents their life there, which often doesn't correspond to reality.

20 ago 2023

Nota

The broken support of 2020 will be a strong obstacle to a return higher, so I foresee a rejection from the area and a subsequent decline into the accumulation zone, where the Mana will be put to rest, waiting for possible use in the future.

11 ott 2023

Nota

Looks like people aren't flocking back to that ridiculous country.

21 ott 2023

Nota