Consider the hour chart, which shows that the rate does not go out of the sideways trend.
Open short positions before 6700 does not make sense, while a very strong support level is at the 6350. It can become a stop-loss for long positions in case of a sure breakdown of the line. Do not close long positions before rate touch this price.
In the DOM there are many small orders for sale, which overlap several large orders for buy. Such activity is usually observed before strong movements, but there are not enough volumes in this case, that has further decreased.
For the last 3 days, the altcoins’ market has grown in volumes. This may indicate a forthcoming strong movement. Look out for the volume
Open short positions before 6700 does not make sense, while a very strong support level is at the 6350. It can become a stop-loss for long positions in case of a sure breakdown of the line. Do not close long positions before rate touch this price.
In the DOM there are many small orders for sale, which overlap several large orders for buy. Such activity is usually observed before strong movements, but there are not enough volumes in this case, that has further decreased.
For the last 3 days, the altcoins’ market has grown in volumes. This may indicate a forthcoming strong movement. Look out for the volume
