Been relatively easy to swing trade this one with some patience!
Haven't been using my entire portfolio, very small amount actually because I'm setting my stop / losses pretty wide for this one and swing trading.
Seems to bounce off the bottom support each time it hits (which i understand is no guarantee), but after waiting for a few confirmation bounces, then setting a stop/loss pretty low under the support, has made it possible to see a range of 5% profit on the low side, to 20%+ profit on the higher side; without staring at the computer all day ( for this chart at least :] )! Enjoy!!
Of course this is not financial advice as I'm just a regular ol Joe, so gamble at your own risk!!
Seems to bounce off the bottom support each time it hits (which i understand is no guarantee), but after waiting for a few confirmation bounces, then setting a stop/loss pretty low under the support, has made it possible to see a range of 5% profit on the low side, to 20%+ profit on the higher side; without staring at the computer all day ( for this chart at least :] )! Enjoy!!
Of course this is not financial advice as I'm just a regular ol Joe, so gamble at your own risk!!
Comment:
For what it's worth: I'm looking at the chart on Bitfinex because it has a larger time scale to analyze, but I'm placing my trades on CoinbasePro.