IOTETH here could pop. I've done fairly well sitting in ETH and trading Cardano (ADABTC)
- Oversold.
- 5-day base offers a risk management stop.
- News out this morning that Bosch will or already has made "significant" purchase of IOTA coins.
- Still early morning, volume just barely started to come in, could run for the day.
Took profits on Ripple, moved 50% of my ETH at a 0.00573 fill. Still holding a bit of Cardano for HODL.
- Oversold.
- 5-day base offers a risk management stop.
- News out this morning that Bosch will or already has made "significant" purchase of IOTA coins.
- Still early morning, volume just barely started to come in, could run for the day.
Took profits on Ripple, moved 50% of my ETH at a 0.00573 fill. Still holding a bit of Cardano for HODL.
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Hourly view.
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One thing I've learned is that cryptos are extremely volatile. While a longer term chart might look good, it pays to be patient and place a limit order. There are, most of the time, deep but quick pullbacks. Of course, where to place it and how long to wait is an art unto itself.
The overbought 15min chart indicates it should retrace some of the rally. But how deep, and when?
The overbought 15min chart indicates it should retrace some of the rally. But how deep, and when?
Giao dịch đang hoạt động:
My position is now very comfortably green.
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Giao dịch đang hoạt động:
I'm fairly certain we have confirmation.
I entered the other 50% of my ETH into IOTA. I'm now about 85% IOTA and 15% Cardano. I'm willing to trade this 50% if price moves against me, but the rest will likely become HODL.
The prices on Binance are a bit different. The recent top is actually a bit higher, 0.738.
I entered the other 50% of my ETH into IOTA. I'm now about 85% IOTA and 15% Cardano. I'm willing to trade this 50% if price moves against me, but the rest will likely become HODL.
The prices on Binance are a bit different. The recent top is actually a bit higher, 0.738.
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Evening glance, still looks good. Backtest and consolidating above. The longer we consolidate here, without falling, the healthier the rally. I don't want to see an immediate run higher.
Also, more or less ignoring the drama with BCH being listed on Coinbase. Highly volatile with ETH and BCH trading inversely on the minutes charts.
Also, more or less ignoring the drama with BCH being listed on Coinbase. Highly volatile with ETH and BCH trading inversely on the minutes charts.