Minas worst case (Limit orders are set and already loaded up)

2021년 6월 18일

Disclaimer: I am a big fan of the Mina Blockchain and am also running my own Node. (Not a TA play)

I was able to purchase some of my tokens at the Coinlist Sale for $0.25.
I first added to the position on June 8 at around 3.05$. Since the support loss at 2.80 three days later I am constantly adding to the position. Again Mina is testing the lows (I also bought huge here) but there is still room to the downside. In the short term, my maxpain scenario is around -40%. Double bottom formation around these levels would look beautiful to me as a long scenario.

Mina is already my third largest spot position, Iam ready to go but still have aggresive limit orders in the Range of 1.70$ - 1.20$ set.

2021년 6월 21일

액티브 트레이드

some bigger buy orders were executed

2021년 6월 21일

노트

even more

2021년 6월 21일

노트

The fractle including the capitulation reminds me so much of UNI in DeFi Bearmarket 2020. If you turn on the log chart you can see the similarities even better.

2021년 6월 22일

노트

Biggest orders just got triggered - I'm getting jacked to the tits

2021년 6월 22일

노트

Set some smaller limit orders in the range of 1,10 - 0,79 due to all my orders got executed in hope to catch some capitulationwicks on the way down.

Countermove should come soon. Tbh I think bottom is very near.

My thesis is based also on my thoughts on BTC and ETH not entering a bear but this could change obviously.