I hit the old bottom, which is 0.129
and I dropped to the same level by forming a new bottom 0.128
Will the aggregation and rebound point be here, or will the price continue falling to the deep bottom 0.06?
Whoever enters with the coin should set a stop-loss close to the entry price, or split the entries into parts if you want to take the risk.
Current price is one part:
0.10 one part
0.06 one part
so you don’t get trapped in the trade, because there is a period of accumulating the coin, and perhaps we’ll see a slight rebound upward, but it’s not the start of the coin’s move—because in the previous downtrend I took several months before the move started, with 6 months between the last bottom and the last peak.
and I dropped to the same level by forming a new bottom 0.128
Will the aggregation and rebound point be here, or will the price continue falling to the deep bottom 0.06?
Whoever enters with the coin should set a stop-loss close to the entry price, or split the entries into parts if you want to take the risk.
Current price is one part:
0.10 one part
0.06 one part
so you don’t get trapped in the trade, because there is a period of accumulating the coin, and perhaps we’ll see a slight rebound upward, but it’s not the start of the coin’s move—because in the previous downtrend I took several months before the move started, with 6 months between the last bottom and the last peak.
