It needs to hit 0.0037 tomorrow to validate this emerging rally out of a very strong base, wise.
If it manages to do it, and stay above 0.0026, then it might be the start of a large uptrend. If not, it was a local pump and it should be shorted.
Resistance levels on chart, trade wisely around them.
There are two time at mode trend signals which have been exceeded, target wise, which means that this rally is completely over the top. In cryptoland, this usually leads to no follow through and the coin's price goes back down, but stay vigilant, price action applies the same way to it, specially if there is higher liquidity flowing into the asset, like we have now.
Anyone knows what the fundamentals are for such a take off?
Feel free to comment, I'll update it as we go.
Market buy now, place pending buy below 0.00303, stop at 0.00273. Target 0.00333 for a partial tp, and aim higher for the rest. You can also buy the other value on chart, 0.00288.
I'd buy here, stop at 0.00293, and aim for the white box target.
Knowing these levels well, you can place an opposite order there and recover your loss from getting stopped.
I do it often.
Now we need to wait for more information, but price is holding above the highest volume node overall, so uptrend is still possible.