I bought into this one from 335 after reading a post from @JCBCrypto and working an Elliot Wave count on the chart. Do you guys think this can possibly return 400+% ? So far I am up 43%..and I am seeing a bullish wedge forming to continue our uptrend.
If it gets to my wave (3) I plan to short it (from myself, not margin) to pick back up at the end of wave (4) for a ride to my wave (5).
Fundamentally this is an interesting coin. They will be having their Terraform genesis city auction December 15th which managed to raise 1.65M USD. If that sounds interesting check them out for more details.
After wave (5) I might even leave a long term investment in the tech to see where they go.
If it gets to my wave (3) I plan to short it (from myself, not margin) to pick back up at the end of wave (4) for a ride to my wave (5).
Fundamentally this is an interesting coin. They will be having their Terraform genesis city auction December 15th which managed to raise 1.65M USD. If that sounds interesting check them out for more details.
After wave (5) I might even leave a long term investment in the tech to see where they go.
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Almost hit my marks perfectly. Keep an eye on BTC everyone. It can move markets.
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If our wave (iii) and (iv) are lower than the green line I have above that means my larger timeframe 3 will land somewhere around my lower box from the original posting.
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What seems to be a deseding triangle has formed on MANABTC. This is a bearish chart pattern as they usually break downwards. Keep your stop losses tight. Our trade may be on pause for a bit. Below I have the triangle outlined and you can see the price losing momentum across the RSI...
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The angles for the two triangles seem to be symmetrical. We are not expanding outward
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Haha, revisited this idea today to see that it hit my mark on January 8 2018. Seems so long ago. Alot has changed in the markets since then.
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Wondering if I should start posting analysis again....