You should already be long, if not pick up at $290-295
If it moves against you, don't panic and can even add more in the $280-290 range
if it falls bellow $280 then panic and sell but keep an eye on the rising 50-day , it will provide another chance to go long or perhaps short if that moving average can't hold the price.
I will be adding to my long position on a break over $300 and taking profits at the 200 day which is also the target. (Time Horizon is 1 to 3 weeks but it's a special skill to get Time and Direction right so I try to stick with direction, it's hard enough)
Good Luck Traders.
Tone (@Tone_LLT) - Head of Research at BraveNewCoin
Here is my final analysis at CoinTelegraph, everything there still applies to current environment:
In my opinion we are not ready to break that 330 resistance yet. It might spike up to 340 or even 360 but it will be corrected very fast.
After that, another swing down as part of larger downtrend to around 200 is likely.
Next potential downtrend breakout would then be by the end of september.