blockchaindedi

Per Request: $MANA is Quite Slow Market

blockchaindedi Updated   
BINANCE:MANABTC   Decentraland / Bitcoin
MANA is quite overvalued i think. Because it has 2.6+ billions total supply and 1 billion on the circulating, ranked as #80 on the coinmarketcap at the current moment. This token engaging in virtual reality industry. I barely know, this such thing can be so stabled even on the bear market.

And Wow... it listed on many markets more than I expected. 46 markets, huge. Why am I so surprised. Upbit, Bittrex, Binance, Huobi, OKEx and the rest, wow I should've found this from the beginning. It just out of my radar.

Started out from only one hundreds plus before the December 2017, now it's quite "Stable" above thousand sats-ish.

Mana chart is not something that i really love if i'm a swing or day trader, less volatility means less up and down, means less chance to get a huge profit.

If you're a vision investor, MANA could be one of your choice. Support should be around 929 - 839 sats. You can put buy other right there. or 1000 - 1050 sats are also fine. Target? 1760 to get out of my initial capital and let the rest riding.

If all of these ideas I posted helps you just give me thumbs up, shares, comments and follow me. If you have a suggestion, just fill in the comment sections or message me. Looking forward to hear from you all. Thanks a lot!
Comment:
Hmmm...

not touching my support zone. Will wait and see.


Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.