This is the four hour chart for MANAUSD
A rising wedge can be seen to form above the recent burst of price
If this collapses as suggested by the rising wedge (a bearish pattern ),
0.786 is a good target because it provides a support which was previously a resistance point for the coin
A rising wedge can be seen to form above the recent burst of price
If this collapses as suggested by the rising wedge (a bearish pattern ),
0.786 is a good target because it provides a support which was previously a resistance point for the coin
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.
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.