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Decentraland (MANA) - June 20

BINANCE:MANAUSDT   Decentraland / TetherUS
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(MANAUSDT 1W chart)
The decline below 1.2150 can be seen as a transition to a downtrend from a long-term perspective.

Below 0.6787 is likely a mid- to long-term investment area, so careful trading is required.



(1D chart)
A move outside the 0.6787-1.2150 zone is expected to form a trend.

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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.

(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)

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[Example of exchange chart setup]

(Binance)
www.tradingview.com/x/S94aDxa8

(Upbit)
www.tradingview.com/x/DF6cGh3G/

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