These waves come in cycles...
In essence, we do UP and DOWN, up and down, over and over...
Short, mid- and long-term.
- We have and waves in the short-term.
- We have and waves in the mid-term.
- We have and waves in the long-term.
These are the market cycles.
When prices move up and grow, we enjoy, collect profits and focus on maximizing results.
When prices go down, we detach from the computer/phone/electronic devices, we no longer focus on the trades.
We focus on ourselves, we study, we go out in nature, we learn, we grow, we prepare for the next wave.
Digibyte ( DGBBTC ) has found support just below the 0.786 fib. retracement level of the last wave...
We have early signals of change but it doesn't matter what happens next... We trade long-term.
We buy and we hold, until prices are peaking again (GREEN).
If we see another break of support, that is not a problem... It only means a few more weeks of wait.
Once the market takes off...
We enjoy until our targets are met.
When the profits come in, we are grateful with any amount we get and we move on to the next trade.
You need to have a plan prepared.
You need to have goals.
You need to have targets and also a stop-loss.
Planning ahead of time will highly increase your success.
Thanks a lot for reading.
🔺 Alan Santana Crypto Trades