1. Volumes are rising, Stoch and RSI great
2. New support on local low
3. Good entry point after China news
4. Reasonable targets with 25% and 70% gain, good RvR ratio (cca 1.5 and 4)
5. Can hold some for long term (T3)
2. New support on local low
3. Good entry point after China news
4. Reasonable targets with 25% and 70% gain, good RvR ratio (cca 1.5 and 4)
5. Can hold some for long term (T3)
Comment:
Prices have moved in the wrong direction due to China news and Bitcoin taking down all the market. More about crisis here:
There is support at 13.5, but I would wait with trading until I see what Bitcoin does. Correlation with altcoins is too strong at the moment.
There is support at 13.5, but I would wait with trading until I see what Bitcoin does. Correlation with altcoins is too strong at the moment.
T2: 38.95