MANA/BTC Local uptrend The price is above the horizontal channel

2020년 1월 3일

MANA / BTC Local uptrend. The price is above the horizontal channel of accumulation.
Mana, after breaking through the resistance of the accumulation channel, the price rolled back and is now near the important zone. At the moment, the price is in a local uptrend.
Perhaps the price will continue to move in the local upward channel.
Keep a close eye on the local trend line (red line).
If the price breaks this uptrend line and consolidates below it, there is a high probability that they will return back to the horizontal accumulation channel.

Former trading idea. MANA A breakthrough of the 50% accumulation channel occurs. Pivot points.

ENTRANCE
Input options from support for a horizontal channel or from a line of a local uptrend. But on condition that they are confirmed.

Stop loss
Under key levels during your entry.
Stop Loss under the support line in the area of 0.00000400 channel. Or under an upward local trend line if the entry is higher.

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

If the price consolidates below the support of the channel and below the local uptrend (breaks it), then it is more likely that the price will return back to the horizontal channel of accumulation.

With this development, 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.

2020년 1월 8일

노트

2020년 2월 5일

노트

After lateral local movement between the two trend lines of the channel, the price has now again broken through the resistance level of the channel.

2020년 2월 9일

거래청산: 타겟 닿음

+ 63% from the zone of breakthrough of the accumulation channel.

2020년 8월 27일

거래청산: 타겟 닿음

+63% + 37% + 165% of the mirror price reversal level.