Just throwing this idea out there. The recent up move toward downtrend resistance had a lot of volume, but it just doesn't feel right to sustain growth straight up through. I wouldn't be surprised to see a bull trap fake breakout, then sink back below resistance for a while to build up more potential energy for the real breakout later. This is a LOW CONFIDENCE prediction. If it breaks out now, then I'd expect most other coins will have similar follow through, and vice versa.
Comment:
Better late than never?
Trade closed: target reached:
Rebuying between 0.36 and 0.39 and waiting for higher targets between 0.46 and 0.49.
Trade active:
Long since the 0.36 to 0.37 range. I will be selling continuously all the way up to 0.405. If it breaks short term resistances above that point, I'll fomo back in and shoot for higher targets. For now, +8 to 10% short term gain is more than enough for me.