SpartaBTC

MANA formed a downward wedge. Potential + 70%

Long
SpartaBTC Updated   
POLONIEX:MANABTC   Decentraland / Bitcoin
MANA after the channel was broken, a wedge formed. Potential + 70%
MANA after breaking through the horizontal channel formed a wedge. The first potential is + 70%. The next goal is the previous support of the horizontal channel of accumulation, which has now become resistance. And this is a zone of + 140% from current prices. As we see from the history, such formations were formed and practiced more than once. And the last time the momentum is 56%. It is possible that this time they will do the same. On such coins, the price and movements are not formed by a “market” (crowd), but by a person or a group of people (by collusion) with common interests. The price can still sag, but only on the narrowing range of the wedge. The price is almost in the corner.
Under the idea related several trading ideas on this coin. Bargaining a coin for a long time, following the trend with it.
Comment:
The sequence of trading ideas and working with a coin during half a year.
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March
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the month of May
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Jun
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After breaking through the main channel and the formation of a downtrend When stopping the dump, this channel was formed. In this small channel in 50% increments in less than a month, not only beat off -5%, but also DOUBLE A GENERAL POSITION on this coin + 100% (work in the internal channel).
The channel turned out to be just a temporary stop for a month on a downtrend.
Simple and interesting coin to trade
Comment:
+30%
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