Ripple and the rest of them need a deep retracement. What happened in 2017 was abnormal - it was a bubble. Check out my ideas for Bitcoin also and you'll see what I mean.
코멘트:
I have positioned myself in at $0.33
코멘트:
Must be said. Stop loss just below the low of $30 is activated for me. Always have a plan incase you're wrong. It happens. At the moment, price is wandering at around $33.
코멘트:
코멘트:
I got stopped out, now back in position after the bounce from old residence trend. $21 was achievable. There needs to be stop losses everytime, as I wrote earlier. Never loose too much and then start again.
코멘트:
코멘트:
Super zoomed in chart. 1 minute candles
코멘트:
It might come back for the $0.20 hitting that trend line, but as it's recently been much higher, I think this sturdy support will hold and i think present prices are a bargain at $0.26.
코멘트:
Waiting on a breakout.
코멘트:
Just for educational purposes, this is what you call a capitulation.
코멘트:
Break out has occurred. I have added to my possition
코멘트:
This is no target. Just leave a trailing stop loss on with generous room. You can look at fibs, SMAs and historical price sticking points for potential resistances, where you might want to tailor down the trailing stop, but otherwise, just leave it and forget about it a bit. This is swing trading structured and I hope I will be in this trade for a few months.
코멘트:
Merry Christmas! 🎅