MANAUSDT ! Retest resistance. Ascending channel. What's next?🤔
MANAUSDT forms a breakout of the trading range after repeatedly testing the upper boundary at 0.9358.
On the chart, I have marked the price movement as from 0.7550, the price forms an upward price channel and is momentarily testing the resistance at 1.0475.
I assume as the price comes back to retest this level, there is a good chance that the price could break it. The local trend is uptrending and the trend change was confirmed earlier. Key targets: the short-term target is the resistance at 1.1615, the medium-term target is the resistance at 1.3447
Regards R.Linda!
On the chart, I have marked the price movement as from 0.7550, the price forms an upward price channel and is momentarily testing the resistance at 1.0475.
I assume as the price comes back to retest this level, there is a good chance that the price could break it. The local trend is uptrending and the trend change was confirmed earlier. Key targets: the short-term target is the resistance at 1.1615, the medium-term target is the resistance at 1.3447
Regards R.Linda!
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NO‼️
You❗️CAN and ❗️SHOULD make money in trading!
Join me, I'll guide you to PROFITABLE TRADING💵!
🟢Free Telegram Channel:
t.me/RLindaTrade
🔴Contact:
t.me/RLindaSignals
🧿Web: rlinda.com
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