There has been a lot of consolidation in the crypto market lately and this has changed my view a little from the last updates I made. The upside targets are less and less likely to come trough first before another push down occurs.

My plan from this point is to sell between 0.75 and 0.8. If price manages to close below 50 cents I see a rapid drop to the lows where I will be buying up my main bag at around 20 cents.

Quick reminder, You can give yourself a pad on the back if you manage to buy in your main holdings around the 20 cent region. You are catching the absolute lows of the market and you will literally beat everyone that is panic selling. I beleive that most money is made in crypto by the people that focus on the downside instead of the upside, think about that! When you caught the low, just sit back and take profits along the way, and when the strong bullish move has occured, you focus on catching the lows again with all the cash that you now have from taking all those profits.

THIS IS NOT FINANCIAL ADVICE

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.