Thread by @jacknuked

A Thread on how to really buy dips.

In this thread i'll cover how to get the perfect entries on a runner, the types of dips you'll see on these shitcoins and how to play them.

*insert corny thread emoji*

first of all, i HAVE covered this a lot of times on my profile via different threads, but it's split up into hella parts so i'll make sure to cover it all related to ''buying dips'' in this one.

As always, i'll keep it concise yet detailed and try not to get too confusing.

Types of dips:

> 40% - 50% dips
> 60% dips
> 70% - 90% dips

> Playing 40% dips

- You wanna look for these EARLY on in a runner, preferably under an hour from launch, you'll find them on one of those hyped stealths that come outta nowhere

- If the narrative is cool and coin is picking up steam very fast (or increasing holders crazy quick, it's a good sign it's a runner)

- Getting the first or second clean 40-50% dip shortly after launch is preffered, 3rd ones or more get riskier.

- You'll notice these get dips get shallower and shallower, once these dips are lower than 20% they're gonna cause the coin to go vertical, which is where you'll most likely see the first 60% dip

example below

> Playing 50% - 60% dips

- The most common type of dip and probably the lowest risk and easiest to play

- You'll usually find them after a coin has shifted trend (uptrend to downtrend) for the FIRST time since launch, preferably look for hyped coins with a good narrative

- First 60% dip usually aligns with previous structure and 0.618 fib (if you dont know how to use fibs on these, you'll find a mini thread by me on it too)

- Important to grab the first 50% - 60% dip, the later ones don't present that good of an opportunity

- deepest you wanna look for is 68-70% on rare occasions, 60-65% is the best to look for. if it goes beyond 70%, fade.

example below

- 1st 60% dip
- Alligns with fib
- Into structure + Good running Vol

17x follows the perfect setup

- doesnt necessarily have to tick all 3 boxes, just has to if you want the lowest risk possible

- perfect setups on runners using this strat WILL land you decent wins.

> Playing 70% - 90% dips

Usually two types of these:

1 - some utility coin seeing a massive (70-90%) retrace into structure

2 - memekoin which floors after a (70-90%) retrace

Similarities between both setups

- 80-90% dip is the best bet
- for util koins you bet on the team, for memecoins you bet on community
- holders and distribution will become even
- slow build up

Type 1 - Utility koins

- utility coins which run up hard the first few days insanely will retrace 80-90% and range there for a while to run back up

- if the team seems to keep on working + usecase is good, adding to the dip is a no brainer

- bet is on the team to deliver

examples below

perps (1/2)

perps (2/2)

dubbz (1/2)

dubbz (2/2)

metal (1/1)

Type 2 - memekoins

- memecoins with a good meme/idea behind them will prob fully floor before the real move

- sometimes dev abandons and a community takeover happens etc

- look for a 80-90% retrace into structure (previous ath for example) and monitor tg and socials

- main bet on memekoins is community so pay attention to it and it should be easy to find a runner

- if socials are active even after harsh retrace and holders keep steadily growing it's a no brainer

examples below

spx (1/2)

outlier here with an insane 96% retrace but just showing what i meant with community takeover, dis is the most recent example

spx (2/2)

v messy chart sori

joe (1/2)

joe (2/2)

i think i have covered pretty much all stuff related to buying dips.

Now i'm not claiming it works 100% of the time, but this is what has worked for me for almost 2yrs now.

if you're confused read it over and over again, you'll get the hang of it.

if you found it helpful to your trading, please let me know. I value that shit so much

cya bros for the next one