Hello Fellas,
this is now my checkup on CHAT/ETH I've made. This time, I enter couple days ago into this pair. But unexpected CHAT dropped down by 16% after a couple days. After I've seen confirmation on RSI, MACD, Volume for a reversal, I placed again a buy order to DCA out.
Now my AVG cost is way lower and I'm only about 5% below my average cost. But after reviewing that I bought back at a good moment, the indicators are telling me on the 4H chart that we should move up.
That's what I'm looking for, the "shoulds" that confirms.
I did a double trendline based on candle and line chart to have some space to not be afraid if we "lost" the trend. Checked on Madhatter strategy and the other indicator.
As I want to see that both scenarios can happen, I did one in yellow (positive) and one in green/red, which should show a negative trend movement pattern.
So, good luck trading.
Cheers,
bitcoin-089