As you can see from the chart
we are currently a bit bearish on ETH
If you are planning on investing some money into ETH,
lets say 1,000$
Buy 20% at support
Buy 30% when we get candle open/close above the down trend line
Buy 50% when we get 2 BUY signals from Robo
If you are holding ETH right now, please be aware,
if we get a candle open/close below...
As you can see from the chart
we have broken the 2.16T support
with a candle open/close below it on Jan 6
We have moved mostly into USDT after this candle open/close
We can potentially see a 20% drop in the market to the next strong support
OR
maybe just 8-10% drop to a local (less strong support --- dotted line)
We will wait to buy around support
OR...
As you can see on the chart
We are currently sitting on downtrend line support
After pumping 50% from last resistance
We bought at 4.70$ support
and sold some at the 7.30$ resistance with 50% increase
Now what?
If you are planning to invest 1,000$ into SNX
Buy 20% now OR at next support
Buy 50% now since Robo has 2 BUY singals
Buy 30% when candle open/close...