About 12-14 more days, and then capitulation near 0.0044. When that has happened, I'll tell if it was the last chance to buy low, or whether there'll be a double bottom later, confirming the new trading zone to be above 0.0042.
- Accumulate near 0.006 if you are totally out now
- Do not touch 0.005-0.006 (falling knife)
- Buy at the capitulation area in 0.004-0.005
- If it dips below 0.004, margin long
So should I listen to this guy? I normally ignore most external crypto trading advice, but this guy seems pretty smart/rich, so perhaps I should pay attention, despite the fact that his last public call was apparently spectacularly wrong.
I'm a long term monero holder, until recently feeling reasonably bullish with our bounce off of recent lows. But as an opportunistic trade I think bitcoin will continue to rally toward the end of the year and therefore monero and other alts may continue crashing, so perhaps an opportunity to buy back cheaper.