With all the green numbers this sector has seen over the last couple months it's important to remember to pay yourself and take profits on the way up. Gains aren't realized until you sell and with how quickly tops can form it's never a bad idea to take some risk off the table. Adjacent with dollar cost averaging on the way down it's equally as important on the way up as well. There is two key weekly block levels I will be watching for great opportunities to take profit on spot portfolios.
1st block: $570 to $620 2nd block: $841 to $866
Note
Currently sitting right in the middle of the first weekly block, expect an increase in volatility in this area.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.