Seeing some reaction here after 340 days of selling is definitely a good sign. It still can be in a range bound for a while before making a reversal. Therefore set your buys in layers and spread over several weeks. Going all in right now can be risky.
That means Value. Adding more on this pullback after selling some BTC. In fact most alts are down for the past 10 days and are also looking super attractive. This is a period to accumulate more ALTs imo
Nearing resistance, so it is good to book some profits at current price level. MACD histogram is weak, so more uptrust from here is getting slim. I typically hold like 15%-20% cash at resistance level. If we get a pullback, this reserve will be used for dollar-cost averaging later. Good luck.
There's also some possibility for ADA to drop below $2 as it is still in a down trend. Keeping that in mind, I am adding in steps. Will add more if it goes above $2.40. This is a long term play.
9 days in congestion -- this could pop very soon. Staying above $22 is super critical. If it does this, then my profit target is $43, maybe $47 if the momentum is strong.
Need to get a break up from this 7-day coiling to confirm the upward trajectory. Then the momentum will begin.
Price maintaining above the 200p moving average on 4-hr chart for over 2 days straight is a good sign. 58k could be seen in the next leg up. Good to take some profits there. Buys near resistance levels are risky too.
I knew my previous entry was little tricky as I overlooked a lower entry point way earlier. Now the price is once again lifting its head above the 200p moving average which is super positive. Added some today.
Purely a technical play here. Will add more above $9. Target $14.
Took profits at $60 once it reached the fib level The bears couldn't create a strong pullback thereafter, so LYFT still looking strong imo. Current price level is still attractive.
Over 100 days in consolidation and still unable to drop below $27. OK to add at this level too. At above $40, you can ride the upside momentum quickly.
Still a keeper. The selling can continue but would be adding on intervals. $7.25 is the first target and could retest ATH eventually.
It's good practice to have like 15% cash aside for any down period or have a scheduled dollar-cost averaging. Utilized about 1/3 right now. Do note that there isn't any reliable indicator to tell how low the market makers can drop the market. So, staggered buys on down days can be beneficial.
Testing our patience but no issue with holding this for 6-12 months at least. Have a plan in case if the price drops below $17 too.
Since the drop in Feb, the price is stuck in a range. Like to see price to break out from the consolidation but at the same time I picked some right now and will be adding more over period of time.
Sitting on temporary drawdown is not the end of the world. Drawdowns are normal occurrences, it will be around at every corner and are just another part of the Body in trading or investing but make sure you don't get wiped out by taking too much risk. Also don't FOMO right now because you may think the price is low. The market can keep dropping from here too. Need...
No action to take at this point. The drawdown is real but it is wiser to move with the flow of the market and not try to resist it. The resistance levels are areas I would be selling some and support zones to add more. No action in between...by accepting or receiving what is presented, trading will be effortless.
The flash crash was so sudden amidst bullish technicals and many alt coin were really pumping hard. It is still too early to say it is a bearish signal now or this is the right time to buy the dips. imo, this is not a point where we should make any trades. I would like to see BTC to retest the resistance level marked as a yellow box and SELL some (this is super...