based on ytd daily chart, the candlestick is bearish engulfing. it is a strong sell signal for short term.
can consider to short it if the price unable break above 5.8 with good effort volume.
price are expected ranging in a box range 5.2 to 5.8 in short term period before deciding their direction.
considering the bearish factor of btc trend and the uptrend of btc.d, altcoins will having heavy impact on shorting in this few weeks time..
can consider to short it if the price unable break above 5.8 with good effort volume.
price are expected ranging in a box range 5.2 to 5.8 in short term period before deciding their direction.
considering the bearish factor of btc trend and the uptrend of btc.d, altcoins will having heavy impact on shorting in this few weeks time..