Greetings and may your evening be filled with goodness
Latest analysis for Sing currency and the last post for today
Current price: 0.0772$ as I write this analysis
Nearby support level:
Around 0.0760$ (weak support).
Stronger and better buying support level:
Around 0.0659$ (relatively strong support according to smaller timeframes).
Excellent lower support level (in case of a strong crash):
Around 0.0529$
.
Proposed buying plan
Since the market might not drop much, it is important to seize opportunities instead of waiting for an uncertain drop.
A small part (for example 20%-25% of your capital) at 0.0760$ if it reaches.
A larger part (for example 40%-50%) at 0.0659$ if it drops more.
A reserve part (25%-30%) at 0.0529$ - 0.0499$ if a crash occurs.
In this way: you have bought from different low stages without missing the opportunity if the price doesn't drop much.
Summary of my advice to you:
- Buy near 0.0659$ as the best initial point, and if it continues to drop, continue buying from 0.0529-0.0499$.
- Set limit buy orders and remain comfortable, don't chase the price moment by moment.
Good night and with my utmost respect and wishes for abundant sustenance.