$XPL - Following my macro plan and local updates I shared yesterday in the private channel, I started to re-position in @Plasma again.
During January I successfully caught XPL bottoms twice and selling with profit.
1) From $0.12 -> to $0.1976;
2) from $0.1156 -> to $0.1354.
Increased my initial invested allocation in it significantly. 🤌
Now that plasma lost its ATL and is in the bottom exploration phase, I usually know how this phase is playing out. Namely the potential patterns it can follow.
So, I shared in private yesterday my potential local expectations from XPL and the price zones I placed my re-buying orders at.
- The first was at $0.0851 and it already got executed.
- The second is either at $0.08 or $0.0780.
If the market gets nastier and it dips to $0.07-$0.06, I won't be disappointed, because: 1) I know my macro targets and once the market recovers it won't make much difference; 2) the profit I made on XPL in January and that I use for the purchases now, has lowered my break even price on investment to $0.0442 for an XPL.
So, now I don't care what local swings we have, I can just buy and chill until it provides the macro move I am expecting. 🏖️🍸🥥🌴
Cheers. 🍻 #Plasma

