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BlockchainBreakdown
Dec 28, 2023 6:26 PM

Gnosis - GNO Retrace after Pump Long

Gnosis / U. S. DollarKraken

Description

Outside side of black swan I think we can see a common 50% retrace of the move (170-180) range. If there is some bearish news/narrative we could see a more aggressive move downward, and if the pre/post having black swan event happens like it did in 2020, 2016, and 2012 then we could see a revisit to the low 100's to 90's but thats a bit of a hopium.


Plan -

Small amounts and DCA in 170 range or lower

Increase DCA amounts anything under 125

Anything sub 95 deploy all allocated capital.
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