Decentraland has been quiet for a while. Support and resistance levels will be meeting soon, expecting the coin to reach it's last high again.
First target: 890
Second target: New all time high
If Mana breaks downwards we make a stoploss to prevent losing a lot of money.
Stop loss: 590
First target: 890
Second target: New all time high
If Mana breaks downwards we make a stoploss to prevent losing a lot of money.
Stop loss: 590
Comment:
Since people are asking about my opinion. I did a rebuy after the stop-loss. I expect the target to still be realistic. It might take a bit more time now. Also don't forgot most coins suffered today.
Trade closed: target reached:
Target reached @ 03/01/2018
Comment:
If you followed this trade with for example 0.1 BTC, you would now have:
Stop-loss = (590/623)*0.1 = 0.0947
Re-buy @ 525
Target = (890/525)*0.00947 = 0.161
Leads to a result of 61% profit in 9 days!
Stop-loss = (590/623)*0.1 = 0.0947
Re-buy @ 525
Target = (890/525)*0.00947 = 0.161
Leads to a result of 61% profit in 9 days!