Alright, the famous "Breakaway GAP," it's not happening this time ๐
So, we've filled 50% of the GAP, and the burning question everyone has is, "Are we going to see another downward leg to fill the other half and finally set off for new ATH conquests?!"
To assist you, I'll provide two plans:
1. INVESTOR:
You're currently at an incredible price as it's corrected by -12% from its peak, so it's not crazy to inject some of the Stablecoins planned for Buy the Dip. Yes, we could go lower, but I doubt it given the liquidity crisis and demand. At worst, keep 25% aside in case of a major crash, which will allow you to have a better buying average.
2. TRADER:
Buying a falling knife is always a bad idea, so I don't recommend it unless you enter your LONG in several parts to have a good average. But the most optimal is still to wait either for the CME GAP to be 100% filled or for the price to start its trend reversal by printing a beautiful W and especially Highs and Higher Lows than the previous ones (DOW).
- PLAN 1 = Bigger RR but riskier
- PLAN 2 = Lower RR but less risky.
