MANA looking to pop? 4 Hour chart
Hello hello! Took a quick gander at this one. I have a feeling way be seeing a false mini bear flag on the 30 minute. I'll be looking for a strong bounce off the noted .382 fib line for a possible breakout of the larger pennant. Potential for a 40-50% gain! Volume looks weak, but if you look at the 30, it's beginning to rise. I would like a little more confirmation from the MACD and volume first. Not entering quite yet.
ROOKIE trader; Follow at your own risk!
-Solid horizontal orange line: I bought at that price
-Dotted horizontal orange line: mock buy, not in the trade yet
-Solid horizontal pink line: Stop loss/sell implemented
-Dotted horizontal pink lines: Targets
ROOKIE trader; Follow at your own risk!
-Solid horizontal orange line: I bought at that price
-Dotted horizontal orange line: mock buy, not in the trade yet
-Solid horizontal pink line: Stop loss/sell implemented
-Dotted horizontal pink lines: Targets
Trade active
Decided to enter this trade at 1704 SATs. Lots of nice pennants showing up due to recent BTC movements.Trade closed manually
MANA still moving nicely. I closed this trade at 1850 sats for an 8.5% profit. Yea, it's higher now but I wanted to move into some higher volume coins now that BTC is moving a little more. Always be happy with profits.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.