Since 2015's low in RgMov, the trend has been largely up, making any sizeable decline, an interesting buy. My posts have been mostly buy trades due to this fact, since I knew we would see prices climb back to all time highs over time.
If you have been following my trades lately, you should be in good profit, and like me, holding a core long term position, of coins we own, and some cash to be able to add up to 80% account when needed. We often rebalance the position, switching back and forth between max and minimum exposure, but always keeping some, at least since the Bitfinex hack lows happened, when it was clear the long term charts were 100% .
Good luck and hope these observations help you.
The weekly uptrend forecast tells you what to expect.
7000+- to be hit in a couple weeks.
You can buy drops under 5100, stop loss is 4805 for the weekly, but I don't use one, I size my trades based on my estimation of the ideal position size, based on volatility.
Holding 15-30% spot longs, and adding up to 80% on dips and selling it back on rallies is a good idea and what I reccomend.
It seems you are sure that CNY 7K will be hit soon ;)
Some people talk about well coordinated price push down, what do you think ?