Think of a time when you had no money... If you are sitting on a too big a pile of cash, just save it. Make sure to save it and keep living in whatever way you prefer. Money might not be needed immediately but what about 3 years into the future? Or what about 10 years into the future or 20?
Extra money can never hurt.
Ok. We are looking at ERNUSDT —Ethernity Chain.
Just last week it broke above a small resistance level, the base of a cup pattern that formed during a consolidation phase. This is signaling the start of a bullish period.
Notice that trading volume is still relatively low, which means that the real action is yet to come.
Look at the period between October 2023 and March 2024, what do you see? Full green. It just went up and up and up. No retraces, no corrections, just full-blown bullish force.
When the bullish bias is confirmed, prices tend to go up. If you managed to secure a great entry, enjoy the ride... You deserve great profits and that's exactly what you will get.
Patience is key.
Buy and hold.
The market will take care of the rest.
How to approach the targets?
Sell a portion at each major resistance level and that's it.
Whenever the market becomes really strong; hype, euphoria and greed, you can sell everything.
Namaste.