DutchBoyzDynasty

DecentraLand Downward Flag? Bullish, Bearish?

Long
DutchBoyzDynasty Updated   
COINBASE:MANAUSD   Decentraland
Once again guys, just a beginner, but based on what I am seeing, this incredible bull run by (MANA) could be either confirmed or reverse if this Downward Flag does in fact play out and then whichever trend (I am bullish based on my analysis), is shown coming out of the flag, if it can be confirmed then this could be a great investment in the coming months. I have an industry that is in it's infancy in the crypto space, but the industry and customers have been ready for it, and needed it long before Bitcoin even existed. I potential for these digital currencies to fundamentally change the way we think about the way so many things in our world currently work in an unbelievable way. My crypto of focus in this publication should give you a lil hint as to what industry it is, I am talking about (cough, cough gaming), oh excuse me, apologize. Well as always, if there are any successful traders out there who haven't let the money make them think they are something more than they are, or let them think that they are superior to any other human being on this earth, and they are still about "remembering where they came from," and still thinking about how much it would have helped them starting out to have an experienced trader to bounce a few strategy questions off of every once in awhile.....but, anyone who takes the time to give me their feedback to help me understand this mountain of information, I would greatly appreciate any knowledge and wisdom that could be the difference in generational wealth, and would you like fries with that? Thanks guys! Good luck!
Comment:
A little long on the "diagonal lines" for the "Downward Flag, but I can clearly see how it shows a point of Consolidation, and then has an upward break, which would certainly mean an upcoming bullish pattern. Once again, just trying to find those technical indicators that I can "make sense of" and directly make the connection as to how that particular indicator can help determine "future price action," which is what I think we are all in it for, regardless of your position, or how you are going to be trading said particular stock. TradingView has given me a way to access many different information resources (the #1 being the way this is supposedly supposed to work the best, COMMUNITY, and I have had other members of the community, regardless of reputation, or time on the platform say things to me, sometimes even poking fun at my lack of knowledge, but that in itself led me to do a really deep study of RSI, and the plethora of ways it can help you specifically with price trends), but although I love the platform, and will continue to recommend it to all my friends new to the space, I can not currently afford a yearly membership, even though I know one would help me. I have learned so much very useful information during the lockdown that I can not wait to put into action, and hopefully the money I have coming which will launch my trading career, yes, in it for the long haul, is here soon. As always, the best of luck to all my trader friends, and I hope I come back to never before seen profits because that means the Volume is still coming in, and as long as the "BIG GUYS" can't have certain projects fail, that will be the case....so trade on guys, but play their game please....no sense in being in here otherwise, the 68 to 70% of retail trading accounts that fail within the first 3 months not only shows the insane number of idiots we have in this country, but it also shows how easily they were influenced just by hearing about this "overnight millionaire," or some dude who basically liquified every asset he had to invest in DOGE, and is now a multi millionaire....yes true, but they did their homework, and if they didn't then they are in an even bigger outlier with less odds than hitting the lottery, far less. There are alt coins that could make you an insane amount of money, but you still have to manage risk properly, use compound interest to build your wealth with other parts of your portfolio, and make the altcoins that 1% if that is what you want to be your moonshot chance every month or so....it could take the place of a powerball addiction, etc. Watch out _______________(any state) Lottery...Anyway, I guess what I have learned is to always hedge your bets, minimize risk with a combination of several other different things, and ALWAYS DO YOUR HOMEWORK INTO THE COMPANIES BEHIND THE COINS, THERE FUNCTION [ACTUAL UNDERSTANDING OF WHAT THEY ARE TRYING TO DO}, OR THE COINS THEMSELVES with THE SAME THINGS IN THE AFOREMENTIONED COMPANIES BEING TRUE OF THE COINS AS WELL. You can never go wrong getting knowledge or company/coin/etc. from multiple sources. What I need help with is what exchanges I am able to use that are rock solid without much lag time, and that I can install on my desktop computer. That is what I am looking into now as I am beginning to invest my money. Any more experienced traders with feedback on the best exchanges with the lowest fees regarding maker and taker fees would be great thanks!

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