Bradleyrb

MANABTC (LONG) 20% PPT

Long
Bradleyrb Updated   
BINANCE:MANABTC   Decentraland / Bitcoin
STOCH RSI and EMA STOCH both showing bullish signals. Wait for the drop to the next support of 1196 SATS. BUY AREA is here. EMA 22 is crossing the 55 and pushing to reach the 200. This is where the big jump should happen.
There should be a push to 1450 SATS (20%)Profit

BUY: 1196
TP: 1450
SL: 1148


*THIS IS NOT TRADING ADVICE. USE YOUR OWN DISCRETION WHEN TRADING AND DO YOUR OWN ANALYSIS. TRADING INVOLVES FINANCIAL RISK.
Trade active:
Buy in price of 1196 filled, already up 2.6%
Trade active:
Price is currently finding support on the 1D chart on the 200EMA. Waiting patiently...
Trade closed: stop reached:
My stop loss hit. -4%
I do still believe in my trade idea and re-bought at 1178. I will be keeping my target at 1450.
Trade active:
MANABTC seems to have stabilized and in consolidation over the 200EMA. I see the trade moving in the right direction to hit target.
Trade active:
MANA/BTC did touch my 1306 trendline which has become resistance. It has done this on two 4HR candles before the BTC drop. The 1197 trendline acted as support and the price action is happening inbetween these two support and resistance lines. We are still above the 200EMA and the trade is still ACTIVE.
Trade active
Trade closed: target reached:
TARGET HIT 23.08% PROFIT
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.