MANA - Head and Shoulders Pattern

Aktualisiert
MANA forms the head and shoulders of the pattern under the resistance of the descending channel.
Trade ist aktiv
Anmerkung
Snapshot
Anmerkung
Snapshot
Anmerkung
Snapshot

MANA broke the trend line and is on its way to further support.
Anmerkung
Snapshot
Mana is approaching a support point, if it holds there a small bounce is possible, but eventually it will still break down.
Anmerkung
Snapshot
As expected, MANA bounced out of the area to test the broken previous support (currently resistance).
It's hard to accurately predict the path here, but I see that liquidity below the December low has not been picked and I don't see any nice structure for a bottom to move up from, I'm not looking at short pumps to hunt bulls.
I think the ridiculous country is more in the south.
I don't stand for game chips for this country and I don't think it's the future.
I canceled Facebook and everything like that a long time ago, I don't need to know who eats what shit and presents their life there, which often doesn't correspond to reality.
Snapshot
Anmerkung
Snapshot

The broken support of 2020 will be a strong obstacle to a return higher, so I foresee a rejection from the area and a subsequent decline into the accumulation zone, where the Mana will be put to rest, waiting for possible use in the future.
Anmerkung
Snapshot
Looks like people aren't flocking back to that ridiculous country.
Anmerkung
Snapshot
Chart Patterns

Haftungsausschluss