As soon as I got my hair cut, hail fell.
— Yes, it was the first day of trading, and the market gave a tremendous shock!
I selected ETH to start my $50 challenge. People say, "Don't put all your eggs in one basket," but focusing on a stable coin like ETH with small capital was a strategic move.
📉 The Reality Check:
First Entry: At $1,948, I invested $25.
The Dip: As soon as I bought, the price dropped to $1,850 (A total dip of 100 points!).
🧠 The Strategy (DCA in Action):
The market went down, but I didn't panic. Why? Because the RSI (6) on the 15m chart was showing extreme oversold (Level: 8-12). This meant that a bounce was close.
I immediately did DCA (Dollar Cost Averaging) with the remaining $25 at $1,868.
📊 My Current Position:
Total Investment: ~$57 (Including my small backup)
Average Entry Price: $1,902
Current Status: HODL in Spot.
Please advise me on what my first take profit target should be.
#SeemabGul
#TradewithSeemab
#50to500
#GrowthJourney
#LetsGrowTogether
#crypto
— Yes, it was the first day of trading, and the market gave a tremendous shock!
I selected ETH to start my $50 challenge. People say, "Don't put all your eggs in one basket," but focusing on a stable coin like ETH with small capital was a strategic move.
📉 The Reality Check:
First Entry: At $1,948, I invested $25.
The Dip: As soon as I bought, the price dropped to $1,850 (A total dip of 100 points!).
🧠 The Strategy (DCA in Action):
The market went down, but I didn't panic. Why? Because the RSI (6) on the 15m chart was showing extreme oversold (Level: 8-12). This meant that a bounce was close.
I immediately did DCA (Dollar Cost Averaging) with the remaining $25 at $1,868.
📊 My Current Position:
Total Investment: ~$57 (Including my small backup)
Average Entry Price: $1,902
Current Status: HODL in Spot.
Please advise me on what my first take profit target should be.
#SeemabGul
#TradewithSeemab
#50to500
#GrowthJourney
#LetsGrowTogether
#crypto