STEEM/BTC ( Finally lost the Limbo game)
Updated
The Market Cycle is over, and we are back to the original price.
This is a trade where my entrance is not really based on upward movement.
I do not think STEEM Will go any Lower, and if it stays flat lining then I am not loosing any bitcoin and if it has a crazy Run up I was in it before the hype cycle.
I am looking at this like an inactive market, Once it wakes up even if there are ridiculous swings once I am In in the profit ( anything above 30%) Ill have some really loose stop losses.
This is one of those trades that I have setup with some Price action alerts and wont check every day.
I Will Probably check it twice a week and see if its ready. if it looks like its going to pop I will increase my position accordingly.
This is a trade where my entrance is not really based on upward movement.
I do not think STEEM Will go any Lower, and if it stays flat lining then I am not loosing any bitcoin and if it has a crazy Run up I was in it before the hype cycle.
I am looking at this like an inactive market, Once it wakes up even if there are ridiculous swings once I am In in the profit ( anything above 30%) Ill have some really loose stop losses.
This is one of those trades that I have setup with some Price action alerts and wont check every day.
I Will Probably check it twice a week and see if its ready. if it looks like its going to pop I will increase my position accordingly.
Note
It might to original levels aka the orange lineNote
it might Go to original levels AKA the Orange lineNote
came back down to the second support, It was about to go on a run until bitcoin went on a run
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