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VIGOR CRYPTO
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It was tough decision to take profit on
ENA
And look at chart now.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.
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ENA
0.3836
-10.29%
800
0
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VIGOR CRYPTO
@vigorcrypto
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Trading should not be your primary financial source. It shall be for investment purpose. Sometimes your trade need time to recover but your need money to run your home. I am trading for investment purpose and it is not my primary financial source therefore i can wait for market to pump in months. Right now everybody is in loss after that flash crash. When everybody is in loss, so you just need not to be disappointed instead just wait and make smart entries. Like when market is bullish, it always pullback. Similarly, when market is bearish, it always provide reversals. Just hang in there.
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This the last zone for BTC to hold, if BTC cannot hold this zone, it will fall below 100K. I think this is the time for DCA in BTC. During this dump, i took two trades, one in ENA and one in LTC. ENA trade closed in little profit and LTC trade closed in little loss. I have closed these trade because i want to spend my money in safe assets which is BTC. I will take one entry in BTC now and other will be below 100K. Target will be ATH of BTC.
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You all know i have purchased LTC when it was trading around 100 and then it started falling. You can see, i took another entry at its lower demand zone which was 92, after buying i sold this portion at 96. Purpose of this entry was to reduce the buying price of my first entry. This is how DCA helps you.
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Just a day earlier i have mentioned this zone of ENA. This is important zone. ENA should hold above 0.4750 otherwise 0.3800-0.4200 is the important zone to hold.
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Just a day before, i gave you two scenarios of ENA when it was trading on 0.3500 that below 0.3500, take entry between 0.2900 - 0.3150 or if ENA reclaim above 0.3800 then it will have upside targets. When it reclaimed 0.3800, i have shared you all my entry. Now, 0.4700 was previous demand zone for ENA which is now its key resistance. We need breakout from here for more target. I think 0.4700 is the zone where we should profit taking unless we see a breakout from here.
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