This is insane. Siacoin did what it does any altcoin after heavy pump.This is coin with the market cap 500 milion $, who is going to pump this coin to the levels you indicated? Why it dumped 60% in one weekend?Also the BTC is at it's high cycle, the March is historically a bad month.This is not the moment to accumulate.And the SL - 30%.DCa is a much better option.This is a bad trading advice.
saumysardarsingh
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@igor_1234567, I admit DCA is the best policy for this coin because of march month. let me update the idea. By the way thanks for the feedback.
igor_1234567
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@saumysardarsingh, Sorry if it sounded too harsh.My plan: 30 % of the my allocated budget for this coin at this accumulation.Then DCA it if it goes lower, at least if it jumps from current levels you are in position.
@igor_1234567 i disagree. If you look at past pumps, the rsi is showing an up trend. the last 2 pumps were big jumps once the rsi crossed the 50 on the daily was led by s strong recovery, if bitcoin holds for 6 days i see it doubling in my opinion 👍 well see i guess
igor_1234567
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@mattrlniles2, Doubling of what? I see the bear divergence on rsi on 1W.That's why I have my reservations.
mattrlniles2
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@igor_1234567 IMO possibly the bearish divergence already played on, on the weekly rsi making lower lows while price making higher highs, id say hidden bullish divergence
igor_1234567
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@mattrlniles2, 50/50...on daily seems to form a head and 2 shoulders. You still did not answer - double of what? 0.2 or 0.4?