{"id":12047,"date":"2022-06-03T08:55:01","date_gmt":"2022-06-03T08:55:01","guid":{"rendered":"https:\/\/tradingshot.com\/?p=12047"},"modified":"2023-05-10T09:03:28","modified_gmt":"2023-05-10T09:03:28","slug":"manausdt-bearish-unless-this-level-breaks","status":"publish","type":"post","link":"https:\/\/tradingshot.com\/index.php\/2022\/06\/03\/manausdt-bearish-unless-this-level-breaks\/","title":{"rendered":"MANAUSDT Bearish unless this level breaks"},"content":{"rendered":"<p>&nbsp;<\/p>\n<p><strong>*** ***<br \/>\nFor this particular analysis on DECENTRALAND we are using the MANAUSDT symbol on the Phemex exchange.<br \/>\n*** ***<\/strong><\/p>\n<p>The idea is on the 4H time-frame where Mana has been trading within a Channel Down since the May 14 High. That is still a Lower High within the general bearish trend and the Channel Down keeps it that way. There is a level, which if broken, we&#8217;ll most likely get a long-term bullish reversal and that is the 1.13900 Resistance. This is because the current Channel Down, both on price and 4H RSI terms, resembles the pattern of February.<\/p>\n<p>As you see that Channel Down failed to break the Resistance level formed by the Lower High, and that discouraged buyers from accumulating, hence forcing the coin to a new round of selling. So unless that Resistance breaks, Decentraland will most likely make new Lower Lows and Lower Highs.<\/p>\n<p>Traingview link:<\/p>\n<p><a href=\"https:\/\/www.tradingview.com\/chart\/MANAUSDT\/s5ih9a9h-MANAUSDT-Bearish-unless-this-level-breaks\" target=\"_blank\" rel=\"noopener\">https:\/\/www.tradingview.com\/chart\/MANAUSDT\/s5ih9a9h-MANAUSDT-Bearish-unless-this-level-breaks<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; *** *** For this particular analysis on DECENTRALAND we are using the MANAUSDT symbol on the Phemex exchange. *** *** The idea is on the 4H time-frame where Mana has been trading within a Channel Down since the May 14 High. That is still a Lower High within the general bearish trend and the<\/p>\n","protected":false},"author":611,"featured_media":12048,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1636],"tags":[],"class_list":["post-12047","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts\/12047","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/users\/611"}],"replies":[{"embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/comments?post=12047"}],"version-history":[{"count":3,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts\/12047\/revisions"}],"predecessor-version":[{"id":12051,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts\/12047\/revisions\/12051"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/media\/12048"}],"wp:attachment":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/media?parent=12047"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/categories?post=12047"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/tags?post=12047"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}