We will have to be patient with this asset but I am convinced that in the long term it has potential.
I accumulate every time we approach or enter the green box.
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I am now starting to re-accumulate FLUX that are approaching my DCA zone
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I start DCA more aggressively as the price comes into my green zone. Moreover, we are approaching a support zone.
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Potentially a cup and handle formation taking shape, to be confirmed.
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I'm back on FLUX after selling between 1.50 & 1.70$. DCA again from here
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FLUX enters my reaccumulation zone. Currently at the 0.618 Fibonacci retracement level (from the last uptrend), a good entry point. I'm buying in DCA from there. A good investment zone for the rest of the cycle (DEPIN).