The downward trend was replaced by lateral movement in the middle of last month, which indicates a decrease in liquidity - traders do not have enough coins left. Interest to the coin fell in February - earlier than to other assets.
The coin should not be regarded as a long investment.
A small trade turnover is characteristic. Binance - 40 BTC, Bitrex - 33 BTC per day.
Insufficient liquidity complicates intraday trading - you can trade at a rate of 0.02 BTC maximum.
In the medium term (2-3 months) - it is necessary to closely monitor the volume of trading and evaluate the size of their rates.
0.0001590-0.0001432 zone of attention, if the price hits it, you need to evaluate the fight of bulls and bears.
Good entry price - 0.0001302-0.0001281
The coin should not be regarded as a long investment.
A small trade turnover is characteristic. Binance - 40 BTC, Bitrex - 33 BTC per day.
Insufficient liquidity complicates intraday trading - you can trade at a rate of 0.02 BTC maximum.
In the medium term (2-3 months) - it is necessary to closely monitor the volume of trading and evaluate the size of their rates.
0.0001590-0.0001432 zone of attention, if the price hits it, you need to evaluate the fight of bulls and bears.
Good entry price - 0.0001302-0.0001281