MANA OF DECENTRALAND short-term set up(PLEASE READ DESCRIPTON)
Updated
Hello traders and investors. 👋
I am looking for a double-top here.
We are in a large ascending-channel which means we will be expecting a break DOWN⏬ soon, that makes this a RISKY❕ trade, but I am looking to see if we can get a double-top before the down.
We need a breakout from the channel it has been trading in for the last few days to do so.
Watch for MANA💧 to hit near bottom of channel (our entry point,) and then see as we make our way up to our target point (~1.64)
Please set a stop loss for this idea!!
🛑🛑🛑This is not financial advice, always have a stop🤚🛑💲 loss set🛑🛑🛑
It is a good idea to always monitor 🧐👀 BTCs movement when making any trade, but in this case also monitor ETH as MANA💧 is run on ETH.
so keep that in mind
🙂
Any thoughts 💭🤯, questions 🖐❓🙋♂️🙋♀️, happy😃, sad😥, like👍 or dislike 👎 welcome in comments below!👇😄
Jazerbay ☯
I am looking for a double-top here.
We are in a large ascending-channel which means we will be expecting a break DOWN⏬ soon, that makes this a RISKY❕ trade, but I am looking to see if we can get a double-top before the down.
We need a breakout from the channel it has been trading in for the last few days to do so.
Watch for MANA💧 to hit near bottom of channel (our entry point,) and then see as we make our way up to our target point (~1.64)
Please set a stop loss for this idea!!
🛑🛑🛑This is not financial advice, always have a stop🤚🛑💲 loss set🛑🛑🛑
It is a good idea to always monitor 🧐👀 BTCs movement when making any trade, but in this case also monitor ETH as MANA💧 is run on ETH.
so keep that in mind
🙂
Any thoughts 💭🤯, questions 🖐❓🙋♂️🙋♀️, happy😃, sad😥, like👍 or dislike 👎 welcome in comments below!👇😄
Jazerbay ☯
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