Now that the price did not go where my analysis indicated, there's 2 options:
- cash out the loss - logically I did not open a position with my whole portfolio, so it would be not a big loss.
- wait for the next support line around 6150 satoshis and see if it bounces back up. Indicators seems to be in our favor for holding until we can either cash out at open price + fees or wait even longer and cash out at profit.
Learning from adversities.
Sometimes 4 x green 15 minute candles + favorable MACD and RSI and at the bottom of a dip are still not enough indicators that price will bounce back up.
Worst case scenario, you loose a fraction of your portfolio because you did not go ALL IN right? Thanks. That will compute on the negative trades and let's keep the positive trades number above the negative and we are still profiting!
RE: MEME | Bittrex - Day Trade Opportunity