Same chart as previous post, the wick from last week may have put in the bottom of this leg, BUT, in this volatile market we could easily see one or two more flash liquidations down to the $12-$14 area, I may put a few limit orders in this range for a YOLO.
I kind of like this crypto due to utility, the way it moves, kinda lags the alts, smaller, smother, healthier looking chart.
Many chase the 10x, and lose 80-98%
I'm happy with a 1.5-2x, and I will adjust my risk level to accommodate the outcome expected.
I don't use a stop loss in crypto, I DCA small daily, limit orders and dip buys.
I will take off 30%-50% when back in profit and let the rest run and will add a stop loss ass it moves up through any resistance to support situations..
GTLA
Share your opinions and ideas with us here.
I kind of like this crypto due to utility, the way it moves, kinda lags the alts, smaller, smother, healthier looking chart.
Many chase the 10x, and lose 80-98%
I'm happy with a 1.5-2x, and I will adjust my risk level to accommodate the outcome expected.
I don't use a stop loss in crypto, I DCA small daily, limit orders and dip buys.
I will take off 30%-50% when back in profit and let the rest run and will add a stop loss ass it moves up through any resistance to support situations..
GTLA
Share your opinions and ideas with us here.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.