itradearn

DecentraLand MANA Forecast

Long
BITTREX:MANABTC   Decentraland / Bitcoin
Spotted an Elliot Wave on 2 hour chart. ABC patter is present. MANA seems ready for another go.

From my end this is a blind prediction and it may not reflect what I've draw due to many factors.

However I am hopeful of the outcome. Also provides an opportunity for swing trading. Take into consideration candlestick patterns and support/resistance positions. Furthermore plot trend-lines, include Stochastic Oscillator & RSI and it should be fairly easy from that point.

I combined Elliot waves, fibonnaci and harmonics pattern to arrive to a conclusion. I did not clutter the chart and decided to plot the Elliot Wave only for simplicity.

Like I said this might be a long shot however everything is possible. This EXACT pattern occured between 16th - 14th December 2017. History has a habit of repeating itself!

This is not an investment advice, always do your own research.
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