The top trend is about to break leaving us with the middle fork. This is where the first target presents an opportunity to see and decide. If in fact that trend breaks, then brace yourselves for a nice down ride to the mean line (return to normal) phase of the market. At which point, would be a nice time to jump in in small increments.
There is too much risk for very little reward at the moment. This is all based on my own situation which varies from person to person. This goes for all the alt currencies as well.
I am not a professional trader. This does not constitute trading advise. Therefore, do not use my published ideas for making investment decisions.
Currently holding at the .382 Fib @7563.
Sold a quarter position for a little profit.
Good luck everyone.