$BSB Players, pay attention! Should you sell now or hold on?
Let me lay it out for you: chasing the highs = actively looking to get wrecked.
The candlestick chart is steeper than my EKG, and an RSI of 96? That’s like acing an exam with a 99, leaving you only 1 point of upside, but 99 points of downside risk.
Don't buy into the 'stronger coins stay strong' nonsense; no coin can just shoot up like that. The price is currently 24% above the 7-day moving average, like a kite string that's been let out too far—it's about to crash.
If you're in profit, take some profits and reduce your position by half; set a stop-loss at 0.45 and let those profits fly. If you missed the boat, don’t FOMO! Wait for a pullback to 0.45 to enter; better to miss out than to get caught holding the bag. For those looking to short, consider a light position above 0.55, with a stop-loss at 0.58 and a target of 0.45.
There are always opportunities in the crypto space; what’s missing is capital. 'When others are greedy, I’m fearful'—this saying is spot on right now.
Let me lay it out for you: chasing the highs = actively looking to get wrecked.
The candlestick chart is steeper than my EKG, and an RSI of 96? That’s like acing an exam with a 99, leaving you only 1 point of upside, but 99 points of downside risk.
Don't buy into the 'stronger coins stay strong' nonsense; no coin can just shoot up like that. The price is currently 24% above the 7-day moving average, like a kite string that's been let out too far—it's about to crash.
If you're in profit, take some profits and reduce your position by half; set a stop-loss at 0.45 and let those profits fly. If you missed the boat, don’t FOMO! Wait for a pullback to 0.45 to enter; better to miss out than to get caught holding the bag. For those looking to short, consider a light position above 0.55, with a stop-loss at 0.58 and a target of 0.45.
There are always opportunities in the crypto space; what’s missing is capital. 'When others are greedy, I’m fearful'—this saying is spot on right now.