Is this a dead cat bounce on $MANA?
Okay, lots of mana FOMO so i'm here with not so good news.
However, this to me looks like a blow off top.
what happens with a blow off top is that it retraces and tests the golden pocket after an irrational bullish leveraged euphoria rally
this confirms a dead cat bounce, or what it's called in the market cycle
"we're just cooling off"
What invalidates this?
If we break the golden pocket. (3.53) and closed the day above it. then the rally may perhaps continue.
Cheers!
bitmoey
However, this to me looks like a blow off top.
what happens with a blow off top is that it retraces and tests the golden pocket after an irrational bullish leveraged euphoria rally
this confirms a dead cat bounce, or what it's called in the market cycle
"we're just cooling off"
What invalidates this?
If we break the golden pocket. (3.53) and closed the day above it. then the rally may perhaps continue.
Cheers!
bitmoey
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.