MANAUSDC trade ideas
Moment of Truth for $MANA...On the heels of Decentraland; $MANA has a chance to either make a rebound or fall flat.
Using the 4H Chart due to volume, hard not to believe it will be a solid short term play (with obvious risk). Approaching a major support level that has held it's ground previously. RSI is below 38, which last time $mana saw this happen it went on a 48 hour, 33%+ growth rip.
Good luck to everyone. Do your own research and feel free to leave a comment.
Pulse of an asset in Fibonacci: MANA at MAJOR Impulse Redux"Impulse" is a surge that creates "Ripples", like a pebble into water.
"Impulse Redux" is returning of wave to the original source of energy.
"Impulse Core" is the zone of maximum energy, in the Golden Pocket.
Are the sellers still there? Enough to absorb the buying power?
Reaction at Impulse is worth observing closely to gauge energy.
Rejection is expected on at least first approach if not several.
Part of my ongoing series to collect examples of my Methodology : (click links below)
Chapter 1: Introduction and numerous Examples
Chapter 2: Detailed views and Wave Analysis
Chapter 3: The Dreaded 9.618: Murderer of Moves
Chapter 4: Impulse Redux: Return to Birth place <= Current Example
Chapter 5: Golden Growth: Parabolic Expansions
Chapter 6: Give me a ping Vasili: one Ping only
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Ordered Chaos
every Wave is born from Impulse, like a Pebble into Water.
every Pebble bears its own Ripples, gilded of Ratio Golden.
every Ripple behaves as its forerunner, setting the Pulse.
each line Gains its Gravity .
each line Tried and Tested.
each line Poised to Reflect.
every Asset Class behaves this way.
every Time Frame displays its ripples.
every Brain Chord rings these rhythms.
He who Understands will be Humble.
He who Grasps will observe the Order.
He who Ignores will behold only Chaos.
Ordered Chaos
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[LONG] POSSIBLE TREND REVERSAL?we have a falling wedge pattern (bullish reversal) + divergence signaling a possible uptrend
