swilton

MANAUSD Bull Experiment

Long
swilton Updated   
BINANCE:MANAUSD   Decentraland
I've been waiting for this moment for two years.
Comment:
I don't fully understand the market mechanics, but I've learned to just trust what my program says most of the time. Everything is just statistics, and some outcomes have a higher probability than others. Reload between 0.0232 and 0.0200. Lesser probability of dropping back to the original low target of 0.0208. Not setting a stop loss in either case. Just scalping market volatility here as support becomes more established.
Comment:
Buy zone still looks pretty good.
Comment:
MANA has shown tremendous strength in the recent total market downtrend in December. Higher highs, higher lows, and now in some kind of bull flag. Logically, given the current trend, I'd hold the bulk of my position long, but still take a bit of gains and keep capital on the side to reload when it goes on sale again. Given the state of crypto, this strategy might be a bit greedy, but the MANA hasn't printed any obvious sell signals that I can see yet.
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