MANABTC Trade Opportunity, Low Risk, 500% Reward
Technical Analysis:
- CM_Stoch_MTF is at bottom and moving upwards, signaled buy
- Bullish Harami Candle formed, signaling end of bearish market and reversal into bullish market
- MACD support upward movement
- Williams_Vix signaling floor / bottom (buy indicator)
Risk:Reward: 5+
Stop Loss: 236 Satoshi
Short Term Target: 690-750 Satoshi (0.786 Fib + Local swing high)
Medium Term Target 1 : 1200 Satoshi (1.618 Fib extension)
Medium Term Target 2: 2000 Satoshi (2.618 Fib Extension)
Fundamental Analysis:
- Reddit AMA December 12
- Terraform Event December 15, over $1.65M USD worth of MANA tokens contributed to event
- CM_Stoch_MTF is at bottom and moving upwards, signaled buy
- Bullish Harami Candle formed, signaling end of bearish market and reversal into bullish market
- MACD support upward movement
- Williams_Vix signaling floor / bottom (buy indicator)
Risk:Reward: 5+
Stop Loss: 236 Satoshi
Short Term Target: 690-750 Satoshi (0.786 Fib + Local swing high)
Medium Term Target 1 : 1200 Satoshi (1.618 Fib extension)
Medium Term Target 2: 2000 Satoshi (2.618 Fib Extension)
Fundamental Analysis:
- Reddit AMA December 12
- Terraform Event December 15, over $1.65M USD worth of MANA tokens contributed to event
Comment:
Forgot to mention in TA, full retracement completed and sitting on supply zone
Comment:
50% up good safe short term sell for those with low risk tolerance
ETH: 0x7F5CF2EA6b1d4C4A26d0943f5c35e6d55805cD5e
BTC: 1HbAHkawHsP9shHY9Xb9htDqjSFogK5x4y