$rose - there is nothing bullish about this chart.
This is a swing trade. You will get a bounce of these levels , unless volatility disappears. Otherwise, i expect to buy long term holds later this year or start of 24. I will time it with the stock market bottoming out.
For DCA I want to buy rose at .02 and lower (100m mc).. From that to a 5bn mc its a 50x and from 50m its a 100x.
Liquidity in alts is at all time lows after a 3 month alt rally. Right now alts are bearish and declining weekly. This means the environment for a bull run to start is non existent.
Buy max fear. Its not easy to be patient, but its worth it for $rose.
For DCA I want to buy rose at .02 and lower (100m mc).. From that to a 5bn mc its a 50x and from 50m its a 100x.
Liquidity in alts is at all time lows after a 3 month alt rally. Right now alts are bearish and declining weekly. This means the environment for a bull run to start is non existent.
Buy max fear. Its not easy to be patient, but its worth it for $rose.