I would like to share my opinions with you.
I will not lie - I do not know much about this coin. I personally enter it @80$ sold @120 enter again @130 sold @90.
I think I have enough knowledge to draw a chart and take good enter position and TP position - see chart above ---- but......
My emotions took control of me and my brain got washed out. After I sold @90$ I took position at almost ATH 0.022 BTC (sic!) I know.....
After that fall It reversed @0.019 (I have opprtunity to sold but I don't :( ) After it reaches 0.019 it went down ....
I kept my dumb position....
14.01.2018 - It raises from support @ around 7100 satoshi's to 15000 satoshi's (second sell opportunity for me to take low loss but I do not sell it - sick nr 2 :( )
After that we had a consolidation making lower hights and lower lows.....
I do not sell this coin - I lost about 400$ on it but I thought - I need to take some lesson from it and now I want to share it with you.
The chart shows everything I think.
We are now heading to support @5092 satoshi's.
Fibo @ 0.618 and 0.786 was broken.
Personally I do not believe this will rise up - maybe in long term but now we will drop to 5092 and maybe even further to 0.0019-0.0020 and then consolidate.... for how long .... ? That's a good question.....
Please feel free to share your thougts and please learn from mistakes that I made and do not enter a coin within a pump !
Hope my other coins took cover this loss....
Cheers
scOOtt
I will not lie - I do not know much about this coin. I personally enter it @80$ sold @120 enter again @130 sold @90.
I think I have enough knowledge to draw a chart and take good enter position and TP position - see chart above ---- but......
My emotions took control of me and my brain got washed out. After I sold @90$ I took position at almost ATH 0.022 BTC (sic!) I know.....
After that fall It reversed @0.019 (I have opprtunity to sold but I don't :( ) After it reaches 0.019 it went down ....
I kept my dumb position....
14.01.2018 - It raises from support @ around 7100 satoshi's to 15000 satoshi's (second sell opportunity for me to take low loss but I do not sell it - sick nr 2 :( )
After that we had a consolidation making lower hights and lower lows.....
I do not sell this coin - I lost about 400$ on it but I thought - I need to take some lesson from it and now I want to share it with you.
The chart shows everything I think.
We are now heading to support @5092 satoshi's.
Fibo @ 0.618 and 0.786 was broken.
Personally I do not believe this will rise up - maybe in long term but now we will drop to 5092 and maybe even further to 0.0019-0.0020 and then consolidate.... for how long .... ? That's a good question.....
Please feel free to share your thougts and please learn from mistakes that I made and do not enter a coin within a pump !
Hope my other coins took cover this loss....
Cheers
scOOtt