Now, we have the coin which looks oversold, and it is going to provide exciting buy opportunities.
If the price breaks the local downtrend line, it will be a buy signal with stop orders below the local swing low. Profit targets will be the resistance levels. It will be the first attempt to start the .
If buyers fail, we should be ready to see the sideways movement in the borders between 3.00 and 6.00 levels.
If BTC continues falling, this market also will be able to move downward. In such way all reversals from the lower support levels will be good for buying and holding in the long run.