First time trading crypto and big scary dips have you feeling nervous? Welcome to the show baby!
Rule of thumb for holding crypto: It's not a matter of IF but WHEN prices will go back up.
Looking oversold at current levels, but it's possible to see further downside to the ~.17 range we saw in July (lot's of scared money right now and first timers selling at the first sign of trouble)
Will be looking for a rebound by end of September, to maybe test the .26-.27 resistance levels sometime in October. What do you think?
Not financial advice folks, just trying to make sense of it all and find some upside. Follow for more!
~ happy trading ~
Rule of thumb for holding crypto: It's not a matter of IF but WHEN prices will go back up.
Looking oversold at current levels, but it's possible to see further downside to the ~.17 range we saw in July (lot's of scared money right now and first timers selling at the first sign of trouble)
Will be looking for a rebound by end of September, to maybe test the .26-.27 resistance levels sometime in October. What do you think?
Not financial advice folks, just trying to make sense of it all and find some upside. Follow for more!
~ happy trading ~
but given major FUD and panic selling atm, not sure if it will hold at that level in the short term