PIECE OF ADVICE
Trading this market is not easy. The norm seems to buy any decent dips. When I say proper drops, I am talking about a 10/30% dip and even more.
One advice would be to wait for the significant level, not the minor/interim support.
Keep the position relatively small. I know it's easy to get carried away and try to make a "small fortune" in a few hours or few days, but if you intend to keep your account alive and kicking, you MUST hold your nerve and keep your composure.
#BTCUSD
Nothing seems to stop Bitcoin. Any dips are bought aggressively. As of writing, we are testing the 57500 high again. The drop to 54000 was short-lived.
First support comes @ 54000, then 50500. The frenzy keeps going. The market is well overbought, but exuberance can stay longer than the size of your wallet.
All the other coins have followed the bitcoin by sympathy.
#Cardano
Same principle as Bitcoin. Bought aggressively on any decent dips. We finally broke the 0.95/0.98 area to reach 1.20000. Support comes @ 1.03000 now, then the 0.98/0.95 area, then 0.69000, which is far away for now.
#Litecoin
Almost reached the Feb 2018 high @ 252.50. The first support comes @ 215.00, followed by 186 area.
#Ethereum
Reached the 2040's only to move back quickly to the former resistance @ the 1820 area. It did not last long there and was bought aggressively again to get back above 1950.
Same principle as the others, any dip is being bought aggressively.
Happy trading
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