#MANAETH - Potential Massive Short or Null Trade?
Updated
theCrypster -
After a near 60% Long trade closing up earlier today with #MANA (our trade of the year so far!) we've got a Sell signal from CTv2. With the price currently below levels of SR this could be another great trade.
#Decentraland against #Ethereum over the last 12 months has performed exceptionally well with Crypto Tipster v2 - this Short could drop below the only potential level of support left and offer another 30% gains.
If this potential support is stronger than anticipated and uphold the price, the trade would become void and will settle for a Net of around 0.
So, it seems to be profit or nothing on this one!
If you enjoyed or agree with this idea - drop us a comment, like & follow! :)
After a near 60% Long trade closing up earlier today with #MANA (our trade of the year so far!) we've got a Sell signal from CTv2. With the price currently below levels of SR this could be another great trade.
#Decentraland against #Ethereum over the last 12 months has performed exceptionally well with Crypto Tipster v2 - this Short could drop below the only potential level of support left and offer another 30% gains.
If this potential support is stronger than anticipated and uphold the price, the trade would become void and will settle for a Net of around 0.
So, it seems to be profit or nothing on this one!
If you enjoyed or agree with this idea - drop us a comment, like & follow! :)
Note
Not much movement yet, slightly down but we need more!Note
Have we just broken that level of support? Or not quite yet, more movement downward is needed we think!Note
We've definitely broken the support level there, the price is currently floating and with another small drop we should see the price within our target area.Note
#MANA / #ETH is currently sat just above our TP zone, after a slow but steady decline over the last few weeks.Can we see the price dropping a little further into our Take Profit area?
Note
#MANA / #ETH has ventured into our predicted zone where we're going to be releasing some profit, but only just 👀Note
#MANA / #ETH has proven to be a strong downward trend consisting of small bars and a straight trend line down, great news considering our short position opened with open PnL of over 25%!
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