Hi everyone,
I know BTC is too valuable for you to sell to good old EOS :) and I know many of you out there is miserable to EOS team. However risk/reward ratio is very high. I wouldn't recommend more than %3 - %5 of your portfolio.
Anyway here is my plan for this year (I assume that we will hit at least 3 targets within a year).
EOS is currently is near all time low, RSI is not very far away from oversold zone.
Sooner or later this descending triangle will be broken. I will be waiting for the simple moving average (20 50 100 200) to turn out to be bullish again.
Will sell %25 x 4 of my actual positions, The 4th seems so good to be true but who knows? :)
Also I have 2 more safety orders in order to make dollar cost average so my sell targets will be changed accordingly.
There is no stop-loss because I am ok to loose my 3% - %5.
What do you think?
I am not a financial advisor or professional trader. Just a risk taker and Bitcoin believer.
I know BTC is too valuable for you to sell to good old EOS :) and I know many of you out there is miserable to EOS team. However risk/reward ratio is very high. I wouldn't recommend more than %3 - %5 of your portfolio.
Anyway here is my plan for this year (I assume that we will hit at least 3 targets within a year).
EOS is currently is near all time low, RSI is not very far away from oversold zone.
Sooner or later this descending triangle will be broken. I will be waiting for the simple moving average (20 50 100 200) to turn out to be bullish again.
Will sell %25 x 4 of my actual positions, The 4th seems so good to be true but who knows? :)
Also I have 2 more safety orders in order to make dollar cost average so my sell targets will be changed accordingly.
There is no stop-loss because I am ok to loose my 3% - %5.
What do you think?
I am not a financial advisor or professional trader. Just a risk taker and Bitcoin believer.
In this case it gives me a change to dollar cost average my position. I love this kind of discounts :)