In recent days $MANTA has been forming a bullish compression | HDVERDE on Binance Square

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Bullish

In recent days $MANTA has been forming a bullish compression triangle.
If we see that the price starts to increase, it is likely to break in search of new highs.

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MANTA

0.857

+1.42%

493

0

Replies 3

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Today we are seeing how the $ALT price is finding it difficult to overcome the resistance marked between the price range of 0.44 - 0.46, which opens two possible scenarios. In the #bullish case, if we see that it breaks with strength and confirms the price would go for a new #ALH While if it fails to overcome this area is most likely to fall to the #POC in the range of 0.34-0.36

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After the correction on Bitcoin we see how the price of $MANTA has resisted and continues to remain in top 1 trending CoinMarketCap. As we can see in the chart it has just touched the upper part of the bullish channel and in the short term a small correction is expected if it does not break strongly the bullish part of the channel itself.

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I'm bullish on $MANTA After the break of the compression triangle that we saw in the previous #analisys , we can see that the price has drawn a #bullish channel. Right now the price is in the middle zone and we can not know for sure where it will go in the short term but in the long term we believe that it will break this #channel at the top and go in search of new record highs as long as the price of $BTC accompanies and does not collapse.

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The price of $PERP is currently at the bottom of a compression triangle and in the last few days it seems to be trying to reverse the downtrend. Bullish sentiment for the short-medium term if the price of $BTC and $OP accompanies.

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