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I will talk about my selling plan, and we will take an example of XRP coin.
Let's assume I bought 10 XRP at a price of $2 and I want to sell them for a big profit and these are the goals:
First Goal: 3
Second Target: 3.8
Third goal: 4.3
I divide the sales target into three sections:
First: I will sell 50% of my coins when it reaches the first target, which is $3.
🪙 Second: I sell 40% of my coins when they reach the second target
Thirdly: I sell the last 10% of my coins when it reaches the third target
Achieving the third goal in any currency is difficult and depends on many things, some of which have nothing to do with technical analysis, but with significant marketing of the currency and introducing more liquidity into it to create a state of FOMO that makes new buyers feel that the currency has more opportunities to rise, then they buy, and in the end, it drops and enters a Bear Market.
#BTC #ETH #GateioInto11 #ContentStar #BOME