SpartaBTC

MANA A breakthrough of the 50% accumulation channel occurs.

SpartaBTC Updated   
POLONIEX:MANABTC   Decentraland / Bitcoin
There is a breakthrough of the accumulation channel. It is important that the price fixes above the channel resistance. If this happens, it will mean that the side trend is changing to an uptrend.

ENTRANCE + Stop Loss
Entrance now or on a rollback after a breakthrough of the channel resistance
Stop Loss under the channel resistance line.

TARGET.
The first target to the first resistance is + 50%. Next, how will the price of resistance react. All levels on the chart.

If after a breakthrough the price rolls back and consolidates below the resistance of the channel, thereby forming a false breakdown - trading in the accumulation channel.

Wait for a new good entry point:
1) from the bottom of the channel after confirmation of support.
2) the entrance to a new breakthrough of channel resistance.
Trade closed: target reached:
+ 63% from the zone of breakthrough of the accumulation channel.
Trade closed: target reached:
+ 37% + 165% of the mirror price reversal level.

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