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IstariBTC
Jan 21, 2021 8:02 PM

MKR Deep Liquidity Bounce Long

MKR / BitcoinBitfinex

Description

deep liquidity tested and bounced. If support is found look for rise to local resistance.
Comments
Lebron1991
On wow I don't plan on ever holding this coin that long. Too many opportunities will show up before that. Good luck to you. It still looks like crap now unfortunately
IstariBTC
@Lebron1991, thanks for your input bud. Here's a free tip, with crypto buy and hold works most the time...
Lebron1991
@IstariBTC, hodling would have gotten you deep in the red with most alts from 2017. Most of these alts are still 80% down. If it was btc or eth I would agree
IstariBTC
@Lebron1991 entering in 2017 would of been due to fomo, so at a baseline it is already a bad trade. Buying in this time frame (the present) would be profitable.
IstariBTC
Lebron1991
How does this trade look now? Mkr has been a poor performer this week
IstariBTC
@Lebron1991, This is a projection for 6 months out. I think MKR will be one of the alts to hold it's own if/when bitcoin stalls
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