Oversold and sitting on support. Market is bleeding out, so set your stops accordingly. The risk reward here seems to be favorable for at least a short term trade although there's potential for this one to run if market cooperates. Fundamentals are solid, and whispers of a Q4 addition of GNT to Coinbase could fuel speculation and price appreciation.
Comment:
Time to reload some here at 17950 on retest of trend. Time extension implies a move in the next few days.
Comment:
Holding structure very well. Scalp is likely to turn into a long term channel trade so long as the market cooperates.
Trade closed manually:
Broke fib line. .00014500 looks to be in the cards. Keeping on watch list.