MANAUSD.P trade ideas
Speedy RecoveryDecentraland is an interesting look at the changing demographics impacting our world. People actual spend large sums of real fiat on digital possessions. Might as well get used to it if you want to ride the cutting edge. Citizens buy real estate, homes, develop businesses, clothing, transporters, pets, investments, all manner of things. Virtual Utopia is coming. Crazy? Maybe. Might as well cash in on the craze. Lol. Mana is the coin. Engin is another one. May be a good time to get in at the bottom.
MANAUSD has completed gartley pattern | Upto 78% profit expectedOn week chart the MANAUSD has completed the formation of gartley pattern.
25 MA support is already withing PRZ area.
50SMA and 25SMA are moving towards each other to make a golden cross which will start a massive bull rally insha Allah.
The targets are:
Buy between: 0.05196501 to 0.04290529
Sell between: 0.05920685 to 0.07644723
Regards,
Atif Akbar (moon333)
MANA Long PositionGood day traders.
I can't stay away from the darn alt coins and MANA is a fav to trade. This is a simple method that I use to buy and sell alt coins (some). I only use daily charts and trade with long term plan but its highly effective when carried out properly.
Simple MA strategy adapted for fast moving and volatile as hell crypto.
Use 15 MA and 30 MA along with Momentum.
When 15 MA crosses 30 MA from below with rising momentum, I buy (green arrows on chart)
When 15 MA crosses 30 MA from above with dropping momentum, I sell (red arrows on chart)
I don't use signals that come after massive spikes
I scale in and out on all trades so I have normally sold most of position before sell signal
Momentum setting (25,close)
Long trades often stay near buy in zone for several days so patience is key
Stop Loss a must with ALL trades and I use a blanket 20% from my lowest buy in
No single trade with more than 2% of available capital
Current trade began buying today in 0.053 range and will continue to buy from 0.0485 - 0.057. Expecting a long 15/30 MA cross and momentum rising. May take days but I am patient.
MANAUSD entered in potential price reversal zoneThe price action is retraced to form some harmonic and entered in potential price reversal zone and soon it will hit the sell targets from here insha Allah.
The targets are:
Buy between: 0.05216 to 0.04335
Sell between: 0.05910 to 0.07988
Regards,
Atif Akbar (moon333)