I must humbly admit, I totally didn't see coming what happened during night. If I had, then I would totally buy full wallet when the price touched 88$. This was an incredible opportunity that happened during my sleep. But regret doesn't make move forward, just stuck us in the past.
Now it is time to think today's market and if such an opportunity may happen again.
So here's the deal : price dropped deeply while Wallstreet market broke down. People were trying to preserve money and sold what was the easiest as in a falling market most of the buyers won't accept sellers' price. And it is quite easy to get rid of crypto. Now the price holds an exponential level. If it manages to hold this level and stay above EMA 500 than we may have seen the bottom. But it could still broke today depending on the stock market.
My strategy now is to put a call on 90$'s level. In a way I still hope such a movement may happen with Friday's market that could very well be an other plunge with the people who decided to hold until now and will try to get rid of their falling stocks.
Posted via Steemleo