Any updates on this? It's sitting around 545 and 3 red days in a row. Should we get out here or hold? Thx
davec83
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@uzairn, I'm still bullish on Poet. If we break below 500 then I will probably exit the trade.
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uzairn
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Do you consider it a breakout if it closes over 630 on a daily chart? Thanks!
davec83
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@uzairn, right now *could* be a good entry, but BTC's drop is tanking every alt, so I would trade it with a stop loss. But this is probably as cheap as it will get, again unless bitcoin continues dipping.
uzairn
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@davec83, yeah agreed BTC is dragging everything down. So you think 580 would be a good SL? As always appreciate your analysis