MY Strategy is to follow the trend lines.
I am a long term (swing investor)
I sold some positions @0.67 and I will enter again after the 55 crosses the 200 EMA. which looks like around 0.75-0.78. and the follow the trend. (see light blue line)
anything between the Red and the light blue horizontal lines is a "no trade zone"
I personally believe that we are destined to go down to the orange trend line @ ~0.30 -0.20.
Community input is appreciated.
I am a long term (swing investor)
I sold some positions @0.67 and I will enter again after the 55 crosses the 200 EMA. which looks like around 0.75-0.78. and the follow the trend. (see light blue line)
anything between the Red and the light blue horizontal lines is a "no trade zone"
I personally believe that we are destined to go down to the orange trend line @ ~0.30 -0.20.
Community input is appreciated.