OK. So last week Pascal went down hard.
Though it was long awaited retracement, it was mainly due to btc bulls. As we see BTC have wasn't able to hold $1225 level so, its most likely going to go down. Unless its just a retracement at $1150.
In that case Pascal is still very uncertain.
How to trade here.
I would buy right now. Since the risk to reward ratio is...
So, Recently a very interesting thing emerged.
We are find sellers at a non-profitable zone.
The reason is very simple. though the coin might have gone down in number but the coin haven't actually gone down in value.
That is due to bitcoin price sky rocketing.
So for example if yesterday your holdings was X it would still be X (or very near it).
So, Yesterday was a very scary night. We almost tested major Support .25.
But lucky we failed.
The uptrend in the long run looks very strong.
Right now we are seeing perfect Fear vs Greed.
There are Alot of Greedy buyers at .26 and below who would love in jump in.
There are Alot of Scared seller who are selling at .27- .31.
Sooner or later either direction...