The price has been continuously rising for the past 6-days without a clear correction.
The correction began about 21 hours ago.
I won’t take profits now; instead, I’m seeking new entry points to increase my position size.
The green circle on the chart indicates where I’ll add to my position for a better DCA.
My entry point is at a one-month-old key support, where the price might retest the broken bearish trendline and touch the recently formed bullish trendline.
If the price doesn’t move as planned, I won’t add to the position.
My goal for this position is around $1.6 – $1.8
My first TP will be on $0.5.
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