Could be worse?

18 lut 2022

Of course. MANA actually looks good on the chart, bouncing off the support of the Blue ascending channel. Furthmore, should MANA break upwards from the potential triangle @ $3.29, the target for said triangle has confluence with the top of the ascending channel, just above $4. I understand why investors are choosing less risky investments when there is a potential crisis in Ukraine. I do not understand why investors pull back when news of inflation hikes hits the news because crypto is an excellent solution to that instability. What it says is that the masses are still educating themselves in this industry...just not keeping up. On the down side, I fear if this support fails, $2.60(fib), $2.45, $2.15 all become potential support.