if you are long:
RSI is still in in 53, at normally we have a bearish moment one we go over 70 in a day graph , so still we are "bullish" don't know for how long , news ... are good.
if you look to the bolliger bands ( one hour ) the entry was in 17 September , price was below the lower bb band and RSI also bellow 30.right now even with the 20% of yesterday we are over the middle bb and near to touch the upper bb. I would say hold you position until touch the upper bolliger bands around 0.35 and set your stop loss at 0.30. Have in mind that the bollinger bands will change ... so wait to touch the upper boollinger band in graph 1h. Also NEWS-> maybe are telling us bullish moment with xrapid.
you don't have positions ?
15minutes graph -> your entry should be around .30 but if it goes bellow .29 sell it because could go all the way down to .27 between .27 and .25 is accumulation zone also big support for last year ... don't think is goes more down from there.
Comment:
please let me know your comments.
Comment:
keep in mind that the important thing trading is not loss. When you loss 50% to have again the same balance you will need to do 100% profit, so the most important part is avoid the downtrend. Check your stop_loss, will be other entry.