Got my first Bitfinex order in. This is a simple exchange order...not trading on margin yet (Margin maintenance requirement is 15%). As you can see my order is sitting at the low for the pair (0.0026). Is there potential to take out his low?..yes of course. But keep in mind this is also a part of layering into a larger position. This is a must when averaging a larger position as nobody can nail the market bottom every time. There is a nice rounding bottom action with multiple points of support. I suspect we will start seeing some pops out of this range as price starts to take the turn. Stay tuned!
P.S. There is a hurricane coming at me and I'm buying EOS! Bullish!
