First and foremost, pay attention to the timeframe. It is a 3-day timeframe and requires patience.
By analyzing the waves of MANA and considering that it has been oscillating within a range for an extended period, it can be inferred that MANA is forming a diametric or symmetrical pattern within wave B.
It appears that wave E of this diametric has concluded, and the price is currently in wave F.
The green zone is a low-risk area for buying, as wave G could start from this range.
Wave G is a bullish wave.
A daily candle closing below the invalidation level would invalidate this analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
By analyzing the waves of MANA and considering that it has been oscillating within a range for an extended period, it can be inferred that MANA is forming a diametric or symmetrical pattern within wave B.
It appears that wave E of this diametric has concluded, and the price is currently in wave F.
The green zone is a low-risk area for buying, as wave G could start from this range.
Wave G is a bullish wave.
A daily candle closing below the invalidation level would invalidate this analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
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