Possibilities right now
Long term is bullish. However, I am looking at the possibilities first before adding to longs.
I closed most of my longs here because it's very possible for us to drop to another support level before high 2600s.
I would accumulate if we get a drop to the bottom of our red channel (2320ish) or if we retest our support at 2250 (buy larger amounts of coins here for sure.
I did chart the possibility of the drop to the level we got very close to hitting prior, so it wasn't unexpected. (Opened longs from there and closed 30m-1hr before posting this idea.)
Still keeping some minor longs open for the long term.
I closed most of my longs here because it's very possible for us to drop to another support level before high 2600s.
I would accumulate if we get a drop to the bottom of our red channel (2320ish) or if we retest our support at 2250 (buy larger amounts of coins here for sure.
I did chart the possibility of the drop to the level we got very close to hitting prior, so it wasn't unexpected. (Opened longs from there and closed 30m-1hr before posting this idea.)
Still keeping some minor longs open for the long term.
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