Price rose into the upper trading channel as expected and reached my profit target. I sold 50% of the position and am now watching to see if resistance here at .83 can be breached. If so,I'll reenter with stops just below .80
The best time to scale in to a play is when nobody is looking your way. Starting a new partial long play here. Methinks is will float to the upper consolidation area in the short term. Thenn we'll see what happens after that.
Since 11th of July, Decentraland has been moving steadily upwards producing higher highs and higher lows. On the 17th of July price reached the high at $0.135, which has resulted in a 53% growth in less than a week.
Then price corrected won to $0.11, where MANA/USD has rejected cleanly 50% Fibonacci retracement level. Today MANA broke above the ascending channel, ...
MACD and volume are turning up to a good zone, and I noticed these similar fractals. The one previous looks sort of wave 1 and 2 ish from an Elliott Wave perspective. We could see Wave 3 within the next week or two. Target 0.13 cents then -.15 cents short term.
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