Proceed cautiously guys. You may think that the downside is over, but I don't think it is. I have seen this kind of price movement during crashes a million times. We fall aggressively, then the next day it looks like we are stabilizing and some coins even start to go up a bit, but then we crash again to even lower prices.
Always anticipate what the price may go down to and set your strategy accordingly - for example - with
$TAO I bought a few at $280 dollars, but I am anticipating the coin to drop to somewhere between 220-250 and stall for a little while before it moves back up again.
So always keep some USDT on hand and don't blow it all on one price point.
#TAO #TAOTrading #BTC #BearishAlert