MANABTC trade ideas
ManaBtc Correction is over time to BuyHi guys,
Mana completed its correction and it may rise up at any time soon.
From our last post on Mana we talk about potential rise of the coin which did happen and now when the correction is over it will be a good trade to make.
Possible Entry and exit targets are clearly stated on the chart.
BLUE: POSSIBLE ENTRY ZONE
RED: Possible Support LEVEL
GREEN: SELL TARGETS
Join our discussion room for more about our trading ideas.
Please share your thougths about it and support my post with your LIKES.
Thanks
Note:
It will be good to always understand risk involve in trading. Always trade with stop Loss in place.
Set up an entry/exit strategy for every trade, with good risk/reward ratio.
LongA harmonic pattern called cypher with profit targets of 38% and 61% of the distance between C an D became more likely with the current found support in BTC and divergences in RSI on the daily and MACD on the 4h chart. The MACD divergence is not super pretty as you can see on the picture below but I use it for a risk reduced entry at this point, since it is likely that a potential leg down would cause a stronger divergence which gives me a chance to exit a trade that went bad.
Sellers are drying up, accumulation phase now - 1050-1100 satsWrite in the comment what you expect from the current trend.
Bearish sign flags are outfueling while accumulation phase starts now.
Very low risk trade with high potential.
I can expect an uptrending accumulation phase now with possible a very likely long trend up.
Tell me what your thoughts are.
Thank you
KISS MANABTC KISS - KEEP IT SIMPLE, STUPID.
I've been looking back over a few coins recently, ones that I've played around with before mainly. MANABTC is looking good to me. It seems to have formed a head and shoulder pattern and has bounced quite nicely off my 0.00000970 support and has successfully broken the 0.236 fib level. I've always found this coin to do quite nicely bouncing of the 970 support so I'm live from 0.000001107 to who knows at this point I'm just playing with it. Let's see how we do.
Decentraland, Focusing on climbingWhat Is Decentraland (MANA)?
Decentraland is an Ethereum-powered virtual reality platform. In this virtual world, you purchase plots of land that you can later traverse, build upon, and monetize. There’s no limit to what you can do. It’s the first digital platform that’s completely owned by its users.
MANABTC Falling Wedge ReversalLooks like a falling wedge on the daily timeframe, and we are approaching strong support level. Keep an eye on this one. Fundamentally it's an under-hyped project which could really become a big deal. Virtual land ownership in the first virtual city will be a hot commodity one day i believe.