svecv3
Long

PINKBTC possible rise

POLONIEX:PINKBTC   Pinkcoin / Bitcoin
Pink sitting between 250 - 260 sat for few days as what looks to be like a good support level and good entry point imo . RSI is oversold on 1-day candles (not included in chart).
I entered in 252 sat. yesterday. Today already touched 0.236 fib level at 275 sat on Bittrex.
My short term target (1 week) is 0.5 Fib at 305 sat.

This is my first even TA so take it with a grain of salt. I would also like to hear your opinions on this one.
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