Please note this is a speculative setup, performance not guaranteed. Your likes, feedback and other comments are appreciated.
COINBASE:XTZUSD has been moving inside this channel. Right now, it's chilling in the middle of said channel, therefore risk reward is 1:1 on the short term.
I'm aiming for new entries in the lower end of the channel for a long-term long position.
What do you think these lower ranges will be? 2.68? 2.55? Or above 2.74? Thank you
CryptoJelleNL
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@THGB, Thanks for your comment. I came down with the flu and was unable to answer your question. I hope you were able to fill your bags around 2.60 this week.
THGB
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@Jellep99, No I was outside lol. I bought 2.78 and now it is 2.70 lol
CryptoJelleNL
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@THGB, I'm sorry. $2.78 in my opinion is still a great entry on the long term. I believe we will see $3.20 soon.
Be sure to take some profits then and reinvest lower. You'll make up for the lost coins!
Check out my new idea for more info:
THGB
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@Jellep99, thanks! yeah I had some orders last night ranging from 2.74 down to 2.69 haha. This morning I cancelled them. Hilarious. I am in it for the long term anyway.
CryptoJelleNL
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@THGB, Oof. I've been there too. Happy holding then ;-)
THGB
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@Jellep99, the annoying part was that I had everything in dollars so I could have bought the bottom for now. Always hate to see it come down two seconds after you buy lol. I wanted to wait until it was well over 2.86 but I really thought it was going to take off slowly. Had to stick with yesterdays plan; it must touch the 2.69-ish range again. Ah well. When it hits 3.20-ish I will try and sell the top and swing back in with more tezos. I am in it for the xtz not dollars
CryptoJelleNL
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@THGB, Sound plan. Since you're in it for the long term I'd try and not to worry about short term dips after buying. (Difficult, I know). Best of luck !
THGB
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@Jellep99, Thanks! I am getting better and better in controlling my emotions