MANABTC trade ideas
MANA/BTC - Dont rush to buy just yet. WAIT!If your already Mana i think it has a good end target of 1300 to 1500. If your not in i would not rush in to buy it right now.. WAIT! Its looking over sold and may come down to test the trend line. I would wait for a wave entry and look to buy retrace around 800 for wave 5
MANA expected runI am already out of MANA as Bitcoin bull run started.
Expecting that all support for MANA will be broken in coming days except the last one . Preparing to buy MANA above 250 and below 300. This is in time when BTC bull run is expected to halt around 18-19 DEC as CME lists future.
On wards 18, I expect MANA to gain 100%.
PS. MANA seems to be in a steep bear pattern which usually crushes all support levels unless it breaks the trend.
Recommendations welcome. Still a learner
Decentraland: Rhythm of PriceI love trading. Everyone sees the chart differently, yet the same thing is displayed to everybody. One method may work for one person and not for another. Why is that you may ask? It is because we are all different. Sounds simple? Yet there are a lot more to that statement. Trading, is simple, if you think about it. There are only 3 pathways it can go; up, down, and sideways. Even then, a lot of us cannot succeed in this market. I truly believe, if you are not succeeding at trading. The reason isn't anything other than you. Until you are able to see a deeper meaning to trading than money, I don't think you will see progress. We are tempted by money, but we succeed by knowledge.
Anyways, little rant I have, back to the chart. My previous post on Decentraland was a success from point to point. I see another opportunity coming up on a smaller time frame that potentially yield a 30%+ win. There are a combination of a bunch of strategies I like to use. Fundamentally, I don't see the need for Decentraland. Does that mean I can't put money in it for a short time? No. When you see an opportunity, you take it!
What are your thoughts?
Trade with care
MANA/BTC: Ascending Or Descending Triangle?MANABTC is showing signs of a bullish trend.
Price will breakout of the Triangle soon and we will get an idea of where it's heading.
The fact that the Moving Average MA is moving in parallel to the Green uptrend line is a clear indication that something is about to happen. RSI is also signaling an uptrend movement.
Let the market does its magic!
Target Profit @ 0.00000728 - 0.00000840
Entry Level @ 0.00000495
Stop Loss @ 0.00000333
Safe Trading!
This looks like the stable point. What next?Brand new at this and my first publish
Basics shown with line running across highs and base point meet up at this level 500
At this level it would appear that a major move in either direction is likely.
I personal like to follow the trend (up)
Any thoughts?