Perhaps a Bowl figure will be formed (Saucer, Rounded Bottom). Target of the figure + 110% Price at historical minimum. 4 months in lateral movement. Price begins to rise slowly. It seems that we are at the beginning of the 3rd phase of the formation of the "Bowl" figure.
The first Sales Goals are the “Bowls” resistance level zone. 600-670 satosh.
Further on the...
My objective isn’t to buy at the cheapest price or near the low, but to begin buying at exactly the right time, when your chances for success are greatest. This means that you have to learn to wait for a stock to move up and trade at your buy point before you make an initial commitment. If you work and cannot watch the market constantly, small quote devices or...
MANA/ETH (Decentraland/Ethereum) Binanace
Candles : Daily
R : 4.17
Length of Wedge : 129 Days
Watching for true breakout of the wedge for a long.
Note new indicator at bottom : Crypto Performance vs Index (just started checking this out, take a look) -->
Trying to break from descending wedge while retesting ~380 sats
Volume slowly rising(wait for it)
UCTS Buy signal on the 1D & Lower TFs (trendfinder all green)
RSI reaching overbought
If continuation is found, then ~470 / 570sats as targets
Decentraland (MANABTC) is starting to form an uptrend in the chart term. In the chart above you can see the next target (0.00000411).
Above the green line, prices can easily move up/higher.
Below the green line prices can easily move down/lower.
The magenta lines are for resistance/targets.
The blue dashed lines are for support.
The orange triangle is the...
Do I really need a description for this? Self explanatory.
These are a few of the requirements for a rounding bottom:
Prior established downtrend
A clear level of resistance
Rounding price action
High time frame
Equal length between decline and incline
MANA in further view is not good. If you bought MANA as my quick signal, you should sell it at 370sts zone because I don't see any good sign shows it can breakout. It can drop hard to 280sts zone. If MANA passes 375, we will have new analysis
. DECENTRALAND/ETHEREUM is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 52.
. There is a possibility of temporary retracement to suggested support zone (0.000181 to 0.000146). if so, traders can set orders based on Price...