I've been watching this for a while now and this bull flag seem ready to explode!! Flag candles continue to close higher and it continues to push up. It's only a matter of time before it does. I see a quick push up to the 310-315 range very soon. And even if it doesn't we have a lot of support below us with the 50 and 200 EMA just below. Also this is a great long term hold simply due to the fact of the all time high it had back in December. It is almost 100x what this coin is priced at currently. It is oversold on the Daily and Weekly and is crossing over the 50 EMA on the daily as we speak. If it closes over this. People will be flooding to buy in on this one. I you haven't noticed there are already coins reaching there all time highs from December. Waves was one of them that took off and went all the way to the top just this past week. With BTC looking bullish at least for the moment. I think there are a lot more to follow. For educational purposed if you wanted to make this trade I would buy in 255-270 and put stop loss just below the bottom of the last red candle (249). If you wanna go short 310-315 is the target. Long the sky is the limit. We could see 25000 out of this coin in the next month if BTC stays bullish and the martket continues the trend it has been. That's 100X profit at this price!!!!
Good luck and happy trading!
Good luck and happy trading!