Please note that due to market volatility, some of the key levels may have already been reached and scenarios played out. Risk Management: an idea here could be to enter on some potential dips (price getting back to support levels) by allocating one quarter (1/4^th) of the position, then averaging down to lower supports with successively one third (1/3^rd) and two fifth (2/5^th) in case of further dips and depending on the volatility of each chosen security…

If you want to set a stop-loss, we suggest that you place it according to your risk appetite:

• Either below the previous swing low;
• Or just use an Average True Range (ATR) calculator.

Investing entries (medium to long-term; our opinion; support levels for cryptos): Long.

I was reading an article this morning about 3 energy-efficient cryptos so I decided to show some potentially good support levels to benefit from the recent rebound on the crypto market.

Crypto Watchlist

You can click on the links below to see more information about their market cap, volume, etc.

• Nano (NANO): https://coinmarketcap.com/currencies/nano/
• Cardano (ADA) : https://coinmarketcap.com/currencies/cardano/
• Hedera Hashgraph (HBAR): https://coinmarketcap.com/currencies/hedera-hashgraph/

Figure 1 – Nano (NANO/USDT) Crypto (Binance, daily, logarithmic scale)

Figure 2 – Cardano (ADA/USDT) Crypto (Binance, daily, logarithmic scale)

Figure 3 – Hedera Hashgraph (HBAR/USDT) Crypto (Binance, daily, logarithmic scale)

In summary, those digital assets may present some benefits to diversify your crypto portfolio with a more energy-efficient approach... What cryptos do you guys trade?

As always, we’ll keep you, our subscribers well informed.

Please note that due to market volatility, some of the key levels may have already been reached and scenarios played out. Risk Management: an idea here could be to enter on some potential dips (price getting back to support levels) by allocating one quarter (1/4^th) of the position, then averaging down to lower supports with successively one third (1/3^rd) and two fifth (2/5^th) in case of further dips and depending on the volatility of each chosen security…

If you want to set a stop-loss, we suggest that you place it according to your risk appetite:

• Either below the previous swing low;
• Or just use some ATR multiplicator.

Investing entries (medium to long-term; our opinion; support levels for cryptos): Long.

Thank you.

Sebastien Bischeri
Oil & Gas Trading Strategist