EOS has been my biggest winner this week by far! - And im not doing much more than using common sense on the trades!
EOS rocketed to £9.20 on 6th May, during this rise I sold 33% of my holding for £8.22 incase of a pullback - ok it was a little early given how high the price got, BUT I think a big part of trading crypto is understanding that you will struggle to pick the perfect tops / bottoms.
Ultimately my logic was just to review the EOS price rise (85% in 2 days!?) and take some skin out of the game.
Price then pulled back and I repurchased for £6.74, given the daily wicks show a rejection of a move back below the ATH.
Price has now rocketed back to a high today of £9.89 and again, I sold 33% of my holding incase of a pullback.
EOS rocketed to £9.20 on 6th May, during this rise I sold 33% of my holding for £8.22 incase of a pullback - ok it was a little early given how high the price got, BUT I think a big part of trading crypto is understanding that you will struggle to pick the perfect tops / bottoms.
Ultimately my logic was just to review the EOS price rise (85% in 2 days!?) and take some skin out of the game.
Price then pulled back and I repurchased for £6.74, given the daily wicks show a rejection of a move back below the ATH.
Price has now rocketed back to a high today of £9.89 and again, I sold 33% of my holding incase of a pullback.
Comment:
As expected, the market is pulling back again - I will look to re add at around the £8.25 if possible (if price is in free fall I wont add blindly of course!)
Comment:
Price is at the area where we are looking to add - just waiting for a little more confirmation
Comment:
Given the wider market sell off im not making this trade until things settle