$BTC imminent crash or secure recovery?
In all timeframes of Bitcoin, its RSI is below 20 = extreme oversold 🔥🔥 and this drags the others down.
If BTC drops 1%, the altcoins' drop multiplies by 5 to 10 due to panic; now we see a total drop with billions in liquidations of the greedy 🤑
It is very important to have risk management SL and high margin in case you want to hold and do DCA.
I will conclude some positions with losses because if losses must be accepted here, they will take your whole account to leave it at 0.
I will stick with the strongest and most resilient coins $SOL , I am at -90% PNL, $HBAR at -180% PNL, and Cardano which has just started.
In all timeframes of Bitcoin, its RSI is below 20 = extreme oversold 🔥🔥 and this drags the others down.
If BTC drops 1%, the altcoins' drop multiplies by 5 to 10 due to panic; now we see a total drop with billions in liquidations of the greedy 🤑
It is very important to have risk management SL and high margin in case you want to hold and do DCA.
I will conclude some positions with losses because if losses must be accepted here, they will take your whole account to leave it at 0.
I will stick with the strongest and most resilient coins $SOL , I am at -90% PNL, $HBAR at -180% PNL, and Cardano which has just started.
