Decentraland (MANA) Hits New All-Time High | Bulls Win! +555%
Decentraland (MANABTC) hits a new All-Time High.
This altcoin trading pair was added to Binance back in September 2017, I can remember it even to this day.
We have a long-term higher low in January 2021.
Meaning, the low/bottom set on Jan. 2021 ended up being higher than the All-Time Low.
We also have a higher high long-term.
Higher lows tend to lead to higher highs.
The growth is massive with over 555% in just the past 3 days.
After April/May 2021 price peak, we had a correction that found support at the 0.618 Fib. retracement level. Something to look for in order pairs that are yet to breakout.
The highest weekly trading volume is also visible since March 2021.
Looking at this chart is why we recommend setting your orders on target and letting it roll.
Over 5 months of correction were cleared in a single week.
If you bought the coin but didn't set your sell orders on target, it would be extremely hard to get the peak.
To understand what I am writing some experience is needed of course... But I am sharing for the beginner and the intermediate trader, some of the technical details for the advanced.
Namaste.
This altcoin trading pair was added to Binance back in September 2017, I can remember it even to this day.
We have a long-term higher low in January 2021.
Meaning, the low/bottom set on Jan. 2021 ended up being higher than the All-Time Low.
We also have a higher high long-term.
Higher lows tend to lead to higher highs.
The growth is massive with over 555% in just the past 3 days.
After April/May 2021 price peak, we had a correction that found support at the 0.618 Fib. retracement level. Something to look for in order pairs that are yet to breakout.
The highest weekly trading volume is also visible since March 2021.
Looking at this chart is why we recommend setting your orders on target and letting it roll.
Over 5 months of correction were cleared in a single week.
If you bought the coin but didn't set your sell orders on target, it would be extremely hard to get the peak.
To understand what I am writing some experience is needed of course... But I am sharing for the beginner and the intermediate trader, some of the technical details for the advanced.
Namaste.
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🔝 Daily Cryptocurrency Technical Analysis
followalan.com
🚨 Free PREMIUM Trade-Numbers
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