No beating around the bush: $USELESS hit a 30-day low of 0.1396, below the previous low of 0.1428.
Whenever a new low is reached, someone in the comments always calls it the bottom. But in a weak market, new lows are often followed by even lower lows. I usually wait for the price to climb back above the previous low before considering a move—I don't try to guess the bottom.
What would you do in this situation?
Whenever a new low is reached, someone in the comments always calls it the bottom. But in a weak market, new lows are often followed by even lower lows. I usually wait for the price to climb back above the previous low before considering a move—I don't try to guess the bottom.
What would you do in this situation?