Decentraland is fresh from the oven, hitting Bittrex only a week ago. With new coins, price fluctuates a lot with bottom unestablished but will eventually find its way back to when it first came out
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Good Buy Strong support line at 200 satoshis Bottom established Ascending Triangle Reversal
Bad Buy Uncertainty - No prior data to work with Without a clear bottom, price may drop further
Support line at 200 satoshis Buy Zone - 190 to 220 Stop loss - 180
All the best!!
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Was in the process of making this chart when suddenly it broke out resistance level!! :D
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I am still thinking of a sell point but a realistic target would be 350-400 satoshis in a month or two.
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BTC tested 6k and Mana tested 200 satoshis. Volume was decent enough for me to say that 200 satoshis is a very strong support in my honest opinion. :)
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Mana could not stand the might of BTC. :D I hope you manage to stop losses at 180. If you wanna enter MANA again, now is a good time. ;)
It looks like MANA will start to curve up forming a bowl and try to break 200. Let's hope the bottom would be 150. Set tight stop loss at 140
All the best!!
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MANA took longer than expected to complete the cup but its there now!
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