🌟 Top 5 Most Active Coins in the Week of 11-17/8
⸻
1️⃣ BTC (Bitcoin) 🥇
• 💰 Current price: ~$118,058
• 📊 Scenario: Wait for a correction to enter a position.
👉 Buy at $113K–115K, expecting TP at $125K–127K, set SL below $112K to protect capital.
⸻
2️⃣ ETH (Ethereum) 💎
• 💰 Current price: ~$4,479
• 📊 Scenario: Ethereum has good recovery potential.
👉 Wait for the price to pull back to $4,300–4,400, TP around $4,650, SL below $4,200.
⸻
3️⃣ XRP 🌐
• 💰 Current price: ~$3.12
• 📊 Scenario: Last week saw a sharp decline followed by a slight recovery.
👉 Buy at $3.05–3.08, TP $3.25–3.30, SL below $3.00.
⚡ There is potential for higher gains if Remittix news and whale cash flow continue.
⸻
4️⃣ ARB (Arbitrum) ⚡
• 💰 Current price: ~$0.525
• 📊 Scenario: Ethereum Layer-2 is attracting liquidity.
👉 Buy at $0.48–0.50, TP around $0.60–0.65, SL below $0.46.
⸻
5️⃣ DOGE (Dogecoin) 🐕🚀
• 💰 Current price: ~$0.234
• 📊 Scenario: A familiar meme coin with slight fluctuations.
👉 Take quick TP +5–10% (range $0.245–0.255), SL at $0.225 if it breaks support.
⸻
⚖️ Risk Management (General Strategy)
🔹 DCA 2–3 tiers:
• Tier 1️⃣: Buy at the current support level.
• Tier 2️⃣: Add more when the price drops another 5–8%.
• Tier 3️⃣: Buy more when breakout is confirmed.
🔹 Take profit in parts:
• 🎯 TP1: +5–10%
• 🎯 TP2: +15–25%
🔹 Stop Loss (SL):
• Always set below the support level to protect capital.