Sell targets from a TA service I subscribe to at work

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I pay alot of money for a Technical Analysis service, primarily for equities and interest rates as part of my profession... He just posted some buy/sell targets yesterday for crypto. Not posting the firm, NFA, DYOR.

BTC below $30k they are shorting hard.
ETH below $2300 sell
BNB below $350 sell
DOT below $26 sell
If FTX AltCoin index closes below $3800 exit all AltCoin strategies

This is written from a traditional portfolio management perpespective where you look to manage risk (I.e. not "diamond hands"). I'm still staking BNB, but I sold my DOT and will use Venus to hedge with shorts if ETH and/or BTC breaks.

Not trying to FUD but I saw a 90% drawdown in 2018... it happens

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Posted: 3 years ago
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