Good Afternoon All,
Bear with me all, this is my first post, however, I have been charting for quite some time. Nothing too complex with this one folks... Don't get me wrong im not a super bull or a super bear... just a realist... The macro is still intact. RSI is looking pretty solid... We may see some weakness in the short term but will likely be on our way up in the next week or so. Don't fear the correction, buy the dip... from the sounds of it a whale on f2pool was behind this correction, regardless of who was behind it, it look completely healthy and natural. Litecoin, as usual, is trailing far behind ETH and Bitcoin, I am anticipating some major moves in the near to mid term. Buckle up, this is going to be fun....
PS: as always NEVER invest more than you can afford to lose... You only lock in losses when you sell. If you take this sort of mid term to long term strategy you can afford to ride out the dips and collect the profits when market conditions improve... invest wisely my friends.
This is my first time posting on here. By no means am I a financial advisor, nor do I give any financial advice in any way. This post is designed purely for my practice and the entertainment of my followers.
Bear with me all, this is my first post, however, I have been charting for quite some time. Nothing too complex with this one folks... Don't get me wrong im not a super bull or a super bear... just a realist... The macro is still intact. RSI is looking pretty solid... We may see some weakness in the short term but will likely be on our way up in the next week or so. Don't fear the correction, buy the dip... from the sounds of it a whale on f2pool was behind this correction, regardless of who was behind it, it look completely healthy and natural. Litecoin, as usual, is trailing far behind ETH and Bitcoin, I am anticipating some major moves in the near to mid term. Buckle up, this is going to be fun....
PS: as always NEVER invest more than you can afford to lose... You only lock in losses when you sell. If you take this sort of mid term to long term strategy you can afford to ride out the dips and collect the profits when market conditions improve... invest wisely my friends.
This is my first time posting on here. By no means am I a financial advisor, nor do I give any financial advice in any way. This post is designed purely for my practice and the entertainment of my followers.