I forgot to post about this descending channel days ago and now it broke out. If you wanna enter this one wait for a retracement because right now it'd be very risky to enter, you could buy at top and remain caught into a retracement. Usually channels and wedges break out retest the former resistance.
If you wanna jump in wait for the price to go close former channel's resistance, for example around 41.5$, and buy 30%. Then wait and see what happens. if it goes back down you can either sell or accumulate, if it creates a proper uptrend you can buy the rest.
If you wanna jump in wait for the price to go close former channel's resistance, for example around 41.5$, and buy 30%. Then wait and see what happens. if it goes back down you can either sell or accumulate, if it creates a proper uptrend you can buy the rest.
Komentar:
if you were in for the short term you might wanna consider to sell 30% of your bag. I'm in up until 200$ so I don't care