Decentraland (MANABTC) Breakout coming

Dec 25, 2017

Decentraland has been quiet for a while. Support and resistance levels will be meeting soon, expecting the coin to reach it's last high again.

First target: 890
Second target: New all time high

If Mana breaks downwards we make a stoploss to prevent losing a lot of money.

Stop loss: 590

Dec 26, 2017

Note

Since people are asking about my opinion. I did a rebuy after the stop-loss. I expect the target to still be realistic. It might take a bit more time now. Also don't forgot most coins suffered today.

Jan 3, 2018

Trade closed: target reached

Target reached @ 03/01/2018

Jan 3, 2018

Note

If you followed this trade with for example 0.1 BTC, you would now have:

Stop-loss = (590/623)*0.1 = 0.0947
Re-buy @ 525
Target = (890/525)*0.00947 = 0.161

Leads to a result of 61% profit in 9 days!