About meIm Crypto "investor" I guess you could say. I don't really day trade, I more or less just look for good entries and hold for short-mid term time frames. all my reviews are about coins I'm currently in or coins I'm watching for a future trade.
THIS TIME IS DIFFERENT
Idk how many times I have to get my pee-pee slapped before I learn but.... I’m thinking about re-entering $mtl
- Blockfolio says its down about -86% but it’s more like -94% since its not accounting for Bittrex data
- ICO investors are still up 12x, meaning there’s definetly still room to go down
- Binance has turned off the volume ...
Looks like a buy to me at these levels:
- 1&2D Clouds have crossed bullish, 3D looking like its on the verge.
- Momentum is winding down, but I don't expect the price to react to much. Likely looking at a 2-3 week sideway/slight downward action.
- High to mid 11s would be my entry, if I don't just bite the bullet and scoop some this week.
- Upside looks good, ...
Obviously not drawn to scale, more or less just a prediction for price movement as the bear continues
3 possibilities, all have nice room for a small alt season, will be looking at mid caps that have been crushed. ZEC XMR ETH....
A.) Femili Zone
- First zone of support, i potential relief pump after touching lower support.
- Reversal does not mean end of bear, ...
"large box of unpredictability"
I think were going to have a very large but short dip into lower support. My heart wants it to stop around 5800 but my brain says its won't.
Im thinking its gonna dip down hard.
- Shorts will push it deep into lower support but will ultimately be liquidated due to over confidence
- Liquidations will create a nice lengthy ...
if you're looking for an entry it would be around here. I think the price is going to dip a little in order for momentum to reset, personally i'm looking for another entry around 3.20 to pick up a little more. Will re-evaluate when that time comes to see if its still a good entry but for now thats my plan.