FINAL ANALYSIS!
First, I'll explain: at the beginning of the channel, I provided 8 coins that shouldn't be held. Monero is on this list, as noted by the veterans of the channel (great guys, I'm glad you're still with me). So why did I decide to include it?
💭 We earn here, and any asset is suitable for this, the main thing is to properly assess all risks, right? That's why there are 3 posts with thorough analysis during the marathon over 3 days. It's important to correctly consider all factors, process them well, and only then make a decision about buying or selling.
Let's move on to the analysis: yesterday and today the price was significantly lowered, but they didn't let it settle so low, so we get a support zone of $148-$155. We received a reaction from the order block at $147-$150 and are already going up. Liquidity was actively removed from above almost all week, so the nearest resistance will meet us at a price of about $176-$180 - at our target. Yes, it's a bit, but getting 15% isn't bad either. I plan to enter with 5% of the portfolio.
1. Purchase price: $154-157
2. Amount: $500
3. Selling price: $176-182
Most of the market is currently in correction, you know this, but not everyone understands that correction ≠ loss of all invested funds. So there's no need to worry about being in the red on some coins. This is temporary — after every correction comes growth, and after every growth comes correction. Everything is still ahead!
