Anything's possible, but we should be wary of a pullback in the coming days/weeks.
And for that reason, we might want to scale back expectations.
Instead of trading tokens to test the recent highs, we're seeing a lot of tokens give a subtle bounce that could offer ample opportunity.
The tokens from yesterday are …
- CherrySwap (CHE)
- IrisToken (IRIS)
- Dodo (DODO)
And here are the charts in order …
Notice the consolidation sideways. If the price were to fall below that consolidation level, instead of bouncing, the strategy is to sell for a small loss.
Falling below support is usually a bearish signal and could signify lower prices ahead.
Cut the loss quickly. We can always get back in later …
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