$MANTA How should we adjust the strategy as the market price falls in recent days?
In the 4-hour period, $MANTA has been falling. The price has fallen by about 8% since the last post. What is the strategy we wrote in the last article? You can see the content in the article for details.
[Forward below]
So now there is still 5% room for decline from the strategy in our article. At present, we will not make any entry adjustments to the strategy. We will only make slight adjustments to the upper pressure level.
I adjusted the position of the up and down trend lines of the falling channel. At present, it still has not broken through the pressure level of the upward trend line. The volume is still low. The entry position will not be adjusted for the time being. We will adjust the upper pressure level to a flat pressure level of $1.85.
So according to the strategy in the article, there will be 15% space between the entry position and the pressure level, and the support below is also strong, more cost-effective, and the holding strategy remains unchanged! ! !