JustChartThings
Long

#REPBTC looking decent for a small swing toward 250k Sats

BITTREX:REPBTC   Augur / Bitcoin
showing bullish RSI divergence but still weak volume . Recent BTC and ETH levels have been causing some uncertainty in the strength of the current market, but that's what a stop loss is for - combating that emotion.

Not the greatest R/R levels here on this trade, but it might get better as the day goes on - anything entry closer to 200k Sats makes the trade more ideal.
hi,i got some rep in 1925 and it fall down to 1880.if bitcoin fall down more can rep start for targets again? and can rep start now?
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JustChartThings MohamadiAlireza
@MohamadiAlireza, well I can't say what you should or should not specifically do with a trade, but what you should always keep in mind is risk management - what would happen to your position(s) if all of a sudden ETH tanked to 100 tomorrow? Has REP been correlated, and how? What would happen if instead everything bounced? The point is - always be able to react accordingly to any scenario (i.e., in this context, if everything tanked 50%, then you would be happy if, say, only 5% of your discretionary net worth had exposure to this scenario - this is the practice of risk management/wealth preservation). In the chart I posted, there were clear levels that could imply a base isn't in yet - but due to the general illiquidity of the crypto market as a whole, sometimes these levels are not the be all end all. This is the reason I prefer to focus less on discrete price levels of when/if I'm wrong and focus more on allocation-focused risk management. Hope these ideas help you develop a fuller picture of your trading plan.
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MohamadiAlireza JustChartThings
@JustChartThings, Thank you for long tye and answer.
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