MANAUSDT1H trend chart
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MANA had gotten resistance at Fib 0.5, but already broke it out and being support level now.
Also, it got rid of the downtrend line, and we can take entry here(with tight SL),
Another entry scenario is that wait it to retest the key level
If we open position here, trading strategy as below.
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Profit Targets:
a) 3.5681----Fib(0.5)
b) 3.89----Blue horizontal ray
Stop losses:
a) 3.310-----Red horizontal ray
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🌔Signal channel: t.me/tradingdiary_cat
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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.