MANA inverse head and shoulders formation. It is above the EMA ribbon and slightly broke above resistance. Looking for a bounce here around the start of the next hourly candle maybe... we'll see.
Note
So our $1.10 Target was reached but since it took a little bit longer to reach, I do believe there is more upside possible here maybe for the short term , however I don't feel as confident in it JUST YET. I'm looking into it now. It seems the 1.15 - 1.20 area looks good before some more consolidation... Then more than likely further upside (maybe mid September) assuming BTC is still continuing its current uptrend
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.