The chart is pretty self-explanatory. We don't know if the uptrend is over (if yes, we are in a downtrend and it will show when it breaks the side way consolidation. This means we can have a tight stoploss and this is why it is easy for beginners).
On the other hand, if we are still in an uptrend, this is a very good position to buy.
Entry is the yellow box.
I hope you find this information helpful :)
Please ask yourselves, how long are you willing to hold this coin? At what time frame are you comfortable trading in?
This should dictate when you take your profits.
Again, buy low --> sell high.
When the market is overbought in your own comfortable time frame, feel free to take profit.
For example, if you are willing to hold for a week or even a month, you don't have to take 10% profits. But I am not willing to hold everything for that long. For that reason, I will be taking profits along the way.