PENNANT FORMING DURING ACCUMULATION PERIOD!
Ever since tapping its ATH of $1.60, MANA broke down and found support in the red zone.
I believe it will move sideways for the next couple of weeks in the .75 to .95 cents range before a move up to $1.60
After that, it will discover a new price above the 1.6 fib levels.
If there's one thing I've learned about crypto, it's that as long as the coin has a real use, then it'll someday get back to its peak levels.
*This is not financial advice, please do your own research*
P.S. Let me know what you think of this analysis in the comments, I would appreciate the feedback!
Ever since tapping its ATH of $1.60, MANA broke down and found support in the red zone.
I believe it will move sideways for the next couple of weeks in the .75 to .95 cents range before a move up to $1.60
After that, it will discover a new price above the 1.6 fib levels.
If there's one thing I've learned about crypto, it's that as long as the coin has a real use, then it'll someday get back to its peak levels.
*This is not financial advice, please do your own research*
P.S. Let me know what you think of this analysis in the comments, I would appreciate the feedback!