RE: VLOG 178: NEM FOR THE WIN

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VLOG 178: NEM FOR THE WIN

in trevonjb •  8 years ago 

Dude, I don't think I'm the right guy to answer that right now. I've been thinking that the up-trend was done for several weeks now.

Daily candles keep putting in these long upper wicks (kind of like what's happening right now), signaling to me that it will move into a strong correction, but the correction never really comes. I mean, it corrects, but very shallowly, and then quickly moves on to new highs.

A strategy that I often use for these types of markets is to sell like one third to half of my position when I get one of these signs and hold the rest in case I made the wrong call.

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yo thats a good point bro. I've heard that when you accumulate never sell the whole batch just a portion to give yourself a cushion. btw peep digibyte and golem

I've had my eyes on golem for a while now. Digibyte, I'll admit I know close to nothing about.