apparently it reached your target then dipped. I havent been in and I'm more looking for a good entry to buy and hold this coin long-term. Do you think it will correct further or do you see it going upwards soon again? Better wait to buy or get in now? :)
@MuMPiTz, i think it is still a very good trade as long as we hold the uptrend line. If you want to buy in again, then optimal strategy is to buy in near the trend line, with a stop loss below the trend line, put the stop loss just a bit below the smaller second trend line slightly below the big one.
We are buying here to hold for days or even a few weeks, so keep calm if you see some intra day ups and downs.
@LLadyK, Sure, but nobody buys the absolut bottom. My strategy is to jump on upwards trends as long as they are moving up, that is as long as they keep confirming the upwards trend lines. As you can see i want to hit the red upper right target. Other strategies try to buy very close to the bottom, but it can turn out that the momentum does not start off and you have to wait multiple weeks until the Uptrend really starts off. It all depends on your trading style.