Short

MANA Breakout out (SHORT) Quick profit.

Updated

MANA coin just had a breakout.
I am making a short here to earn some quick bucks.

The Fibonnaci levels show where the targets and resistance will be.
The indicators confirm the breakout.
And the TD Sequential will give me all the details I need to know how this coin is going to progress.
1h chart.

This is a risky trade.
I don't recommend buying at any level.

Just sharing for your entertainment.
Hope you enjoy the chart.

Note

I will start selling only after the .786 Fibonacci extension, that is to say after the price reaches 0.00000635.

Note

Targets:
(1) 0.00000635
(2) 0.00000713
(3) 0.00000930 (can set sell order around last ATH, 830, which can show resistance if we get there).
(4) 0.0001120 TOP

These targets are shared as reference where we might face resistance, which are great levels to sell. You can always buy back lower at the last resistance/target level turned support, or walk away with your profits.

I am not recommending this trade for beginners. I am too tired right now and can't focus on answering and clearing doubts. Sorry.

But, with the exception, if I receive support/tips/gifts, I can go an extra mile; if I make it through the day. Just kidding, I just need a break.

Trade at your own risk.

You are still beautiful.
I know that you are light and love. And I know, from deep within my heart, like it is true for myself as well, THAT YOU DESERVE THE BEST.

Thanks for reading.

-----

If you find this analysis useful and helps you profit, your gift/tips is highly valued and appreciated.
Your gift/tips will support more fully updated and strong, safe, simple, positive and profitable ideas and chart analysis, designed and described specially for beginners and those that do not have the time to do the research and analysis themselves.

Use the following addresses to send your TIPS / GIFTS.

BTC: 1FuixEqRubccPr9RxZpFTRAzXhwS4j2Qh3
BCH: 1QHoxyb6eWeTUJQ7umFUSKcCZCGckfx14H
LTC: Ldqto38KKv2wibUBqdaEYN6k7EDMAfBbqm
ETH: 0xb0212a2338eaebd110adc5ca254e23396cc88cd2
ETC: 0x7374fccf45b20f68f444b654402c22246165a366
MANA: 0x2873621c182a7e1715173da3c6db59a907fd6c24

Trade active

Breakout happening. If we close the next above 570 we might be going straight to 700+ satoshis. Let's see how it goes.

Trade active

(1) Target reached. I am still not selling 1 coin. Moving strongly to (2) target.

*** We are up 70% since opening this idea/trade.

Feel free to send your tips/gifts, because like you, we both DESERVE THE BEST.

*** Perhaps, you can send as little as 0.01 or 0.005 BTC, or as much as 1 BTC, or anything amount you choose, if you want to... and if that is what you choose to do now. Any amount is highly appreciated by me and all the other traders that can benefit from this these ideas.

Note

After reaching first target, we go on correction, that is why we sell part of our stack on each target.

Support levels are:
(1) 488 satoshis (if this level is broken, we go to the next one)
(2) 435 satoshi

Then consolidate, for as long as it takes and then climb back up.

Note

Bounced pretty good from support.

I wrote that this was a risky trade and didn't recommend any buyin, stop loss nor anything.

So far, all of my calculations, based on chart analysis, are all still in place.

Trade at your own risk.

Note

But I can still give you some pointers because you are all my dear friends.

* We are trending downward.
* We will test support again.
* If we break support of 435 we will go lower, around 350-380.

The 350-380 levels can turn into great entry levels.
From where you can hold patiently until a new trend is formed and we start to climb to our next target.

Note

Trading channel on the 1h chart.

Note

We are back to the .382 (485 satohis) support level.
If this level doesn't hold we will go to 435.

Updated channel:

Note

Looks like it will have a few days rest, that's perfect fine. We will stay on the trade until it takes off again.

Just set it and leave it. As simple as that. You can even set your sell orders and forget completely that this coin exist and then comeback in days/weeks time and withdraw your profits.

Note

Don't give up on this trade or any other trade. Give it time to develop. You might be surprised at what patience can do in this game.

Trade active

I didn't set a stop loss for this trade, so feel free to do what you think is right for your own situation. For me, this TRADE IS STILL ACTIVE until we reach our targets.

Thanks.

Trade active

Note

Check your trades, the action is starting now. Set your sell orders for the next target. We are aiming at 700+ satoshis.

Trade active

We are aiming for the second magenta line, which is our 2nd target.
You can also choose to place your sell order in-between these two levels.

Let's see if we can gain enough momentum to breakthrough.

Note

I think that with this trade, maybe of us learned, that a correction is normal after every target is reached. And even more, that you can RELAX, now, as you always have time to buy in again, and enjoy the action once more, and get it in profit, if you are able to hold.

We just reached a high of 625. Looking forward to reaching our next target. A friend and I have something pending if we can reach that 700 number.

Trade active

MANA is extremely bullish, we will reach our target soon. If you have a MANA position,
please set your sell orders...

Note

By the way, it can go higher... and will go here, most likely.

At the 1h chart, we are at TD #8, we still have the 9, and we closed #7 very very bullish, almost full green...

Trade active

MANA is showing incredible strength and resilience. Looks like we are going for the resistance once more pretty fast. Congratulations to all those who HELD their hands patiently and followed the adviced in the trade idea.

Your patience will pay off.

Trade active

Second (2) Target Destroyed. Boom! Over 60-90% profit, depending on when you bought.

Note

Too strong. MANA will keep on climbing higher if we keep this momemtum, if the candle closes full GREEN, then I don't know how high we are going to go.

Note

Let me post just another one, which shows the bullish momentum:

Note

Sell and secure your profits. We will come back in few days and see how things are going.

Note

Set stop loss @ 55.

Trade active

Preparing to move now!!

Trade active

MANA's daily chart looks really promising, for strong movement, and MANA always moves strong:

Trade active

This trade remains active unless we hit our stop loss.

- You can choose to buy more when the price drop.
- You can choose to just hold, wait and relax.
- You can also choose to sell and join at a later date. But this is not recommended.

If you wish, you can use a stop loss @606

Note

Targets:
(1) 0.00000635 ( *** TARGET REACHED *** )
(2) 0.00000713 ( *** TARGET REACHED *** )
(3) 0.00000930 (NEXT TARGET)

I am closing this trade after we reach the third target.

Trade closed: target reached

*** ALL TARGETS REACHED ***

Thanks for your support.
Thank you always.

Note

Who wants to trade MANABTC again?

Check my profile for many new trades.

Hit like, comment, share & follow to get MANABTC once more.

AlanSantana

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