boarding2008
Long

MANA finishing wave 4 with flat ABC correction. Next target~1640

BITTREX:MANABTC   Decentraland / Bitcoin
Strong candle on 30 minute chart showing bulls resisting. Bounce off RSI as well. Look to hit 1.68 level to complete impulse wave.


This is my first analysis and first publication. Im not a professional. Trade at your own risk. Take any info with a grain of salt. Feedback welcome.
Kommentar: Possibility of hitting 2.618 Fib level due to wave 3 being 1:1
Trade geschlossen: Stop wurde erreicht: hit 1100 overnight. Not sure if the ending of the auction caused this.

Any ideas?
I THINK BITCOIN GOING UP REALLY MESSED UP THE ALTS. IT GOES UP, THE ALTS GO DOWN. SO NOT SURE IT WAS THEIR AUCTION ALL THE ALTS ARE STRUGGLING DURING THIS TIME OF UNCERTAINTY. IT BOUNCED BACK THOUGH. ANY IDEA ON THEIR PRODUCT? IS IT ANY GOOD? I'M VERY INTERESTED IN THIS ONE... SO CHEAP AND NICE IDEA WILL HAVE TO SEE IF THEY HAVE A GOOD PRODUCT THOUGH I THINK?
Antworten
@jamikr, their coin is based on a VR world based on MANA. The auction was to buy virtual plats of land. Pretty cool concept and i think it has potential.

I think the auction had some to do with it because people's balances/amount of mana they used to bid on parcels was locked until the auction had ended. When they got their coins back, they dumped them. The auction began on the 15th of Dec. Youtube the decentraland trailer.
+1 Antworten
jamikr boarding2008
@boarding2008, yes i saw the videos..all of them...and pretty cool in concept vision but still looked quite basic for VR. wondering if this thing has any potential at all there actually isn't much online about them. everything is flat these days. no fun. gotta wait for the action i guess.
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