Even we are in likely a down trend, the short term seems to suggest to BUY current and below. I remain unchanged in that view today.
The stochastic is slightly negative, but RSI oversold and the Donchian support looks reasonable.
Strategy remains, BUY current $ 2,450-2,500-2,550 range for profit target $ 2,825 for now. Add after 2,325 and 2,250. Stop-loss I suggest $ 2,150 to be safe in case. Of course trading crypto requires very tiny leverage and buying into weakness to improve average is advised. Always maintain a scaling in strategy when it comes to proper averaging. I am sure you all know :) have a great day everyone.
The stochastic is slightly negative, but RSI oversold and the Donchian support looks reasonable.
Strategy remains, BUY current $ 2,450-2,500-2,550 range for profit target $ 2,825 for now. Add after 2,325 and 2,250. Stop-loss I suggest $ 2,150 to be safe in case. Of course trading crypto requires very tiny leverage and buying into weakness to improve average is advised. Always maintain a scaling in strategy when it comes to proper averaging. I am sure you all know :) have a great day everyone.
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