Loopring chart update to reflect an unlikely move, but also possible, and also allows for me to add in the higher lines and show the full potential retracement scenario. In other words, buy the dip, but like .9 is around a 200% gain from here. Don't be greedy at that point, be greedy now and on the way up.
I'm not sure what else to add. Follow the trends. Something is definitely going on with crypto and the alts.
Good luck!!
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Holding this zone is good, what we'd like to see from a bullish viewpoint is this price level holding followed by a jump back up and over trend, followed by a jump off a trend to get us back on track and still following a path and pattern to see a big upside move.
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What we'd like to see and what we will see can always be two very different things, so remember that .199 is a very real price target for the next move.
@Razich, I almost see a flash crash compared to the chart in this idea. Both options take us up to the higher price targets. It's just on this one, there is minimal downside, on the link I shared, the downside could be some 45% drop. I really can't say for sure, but also, no matter what everything I see still has it retesting those higher price targets within the probably the year.