MANA/EUR – Ready To Moon ?

MANA/EUR has held support at the Fibonacci golden pocket (50%-61.8%). Now with the crypto market ready to spring NGT8R is watching MANA to moon up to May 2021’s highs, which correlate with the 161.8% fibonacci extension level. This idea is based upon both technical and fundamental factors in the market currently.

Upside Target: 1.300

Violated below: 0.5200

MANA/EUR Daily Chart, 21 October 2021.

Published by Tom Stewart

Head of data analytics at TradeProofer. Analyst at Opes Trading Group. FX enthusiast.

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