Following the "hack" news price came down to a major support and I am impressed with it's resiliency. So long as it holds 10.92 this altcoin remains, despite my trepidation, . In nay-saying this altcoin I've forgotten one of the key tenants of economics; price is whatever people think it is.
(A): The pivot high on 5/13/2016
(B): The break of the high and retest to the low of 5/28/2016
(C): Major move up to the high of 6/17
(D): Retracement to the low of 6/18.
(A) Sets up a high which is then broken on 5/16 with a minor move up. Price then comes back to retest that prior high which then matched the Ichimoku Senkou B line (yellow, it is the 52 period median). Price then had a major move off that level in (C). Then price retraced to retest the prior made and confirmed Resistance-turned-Support for an entry long up to the next Ichimoku level (green, the Kijun Sen 26 period median).