scaredycatguide avatar

Just stacking orders at Fibs Levels on SEI

scaredycatguide

Published: 08 Jan 2024 › Updated: 08 Jan 2024Just stacking orders at Fibs Levels on SEI

Just stacking orders at Fibs Levels on SEI

The other day I posted about scooping up some more SEI at the .382 Fib retracement level.

Well, I also put in order in at the .50 level, which lands right around 55 cents.

Oh so close!

Now granted I'd rather not see the price come down, but after such an explosive move and with crypto kind of floundering on a whole this week as everyone waits for the latest SEC ruling this coming week; it is not a surprise we are seeing some profit taking.

Price dipped to .58, shy of the .55 where my order sits. We shall see if the sell off continues. Honestly, I have orders down at the .786 Fib level, which would mean SEI gave back the whole explosive part of the move.

That wouldn't be bullish, but there has been plenty of times in crypto the first move gives back most of it before the next big bull leg happens.

Who knows, probably need an actual bull market for that. My average price is still down at .30 cents on this one so I'm not really sweating it either way. YOLO.

Leave Just stacking orders at Fibs Levels on SEI to:

Written by

Get your INLEO swag at the link in my profile

Read more #hive-167922 posts


Best Posts From scaredycatguide

We have not curated any of scaredycatguide's posts yet. But you can encourage our curation team to review posts by visiting them regularly and by referring other readers. Because we give priority to frequently read content.

More Posts From scaredycatguide