I know I'm a little late to this party, but DCRBTC is a buy here. Making higher lows, higher highs after breaking through a significant, strong market cycle. Good longer term hold. Look to pick up near bottom of flag pattern if you're patient.
DCRBTC
DCRBTC
Comment:
Currently at the bottom of the flag, If you're on the sidelines, this is an entry.
Comment:
Keep an eye. If this breaks to the 121-122 area, might have to go back to the drawing board. Otherwise a good entry with a tighter stop than usual.
Trade closed: stop reached:
Well, I'm going to take a loss on this one.
Lessons Learned: While I still believe DCR has broken the old market cycle, I was late to enter it and got jumpy. This is not something that I want to do in the future, and will learn from it. I could have waited for an entry, and should have looked to enter at least at the bottom of the bull channel. I still believe this is a solid play long term, but for the purposes of this trade, I'll put an L on my record.
Lessons Learned: While I still believe DCR has broken the old market cycle, I was late to enter it and got jumpy. This is not something that I want to do in the future, and will learn from it. I could have waited for an entry, and should have looked to enter at least at the bottom of the bull channel. I still believe this is a solid play long term, but for the purposes of this trade, I'll put an L on my record.
Comment:
I should mention most alts are in a bloodbath atm.
Comment:
Bloody hell. So I was right to begin with. Welcome to crypto. Still keeping the L on the record for poor entry.