Hardfork coming end of january + coinburn coming. Target around 1000 sats
As you can see it dipped till the .786 fib level. It held here because on shorter timeframe 4h you can see that the 200dma came together with the fib level. This is where buyers jumped in because the 200 dma and .786 fib level are the lowest it may get in a uptrend. It may dip a bit but overal trend is bullish. HODL this one! One of the best crypto's ever
Order cancelled
⋅
Btc looking bad + Hardfork was replaced to 21th so ppl sold the news
Wouldnt the price drop when the hardfork happens the 21st?
TinhoOo
⋅
What would be the best time to enter?
TomvanHek
⋅
@TinhoOo, accumulate, it may come down to the 0.5 fib level (around 400-420 sats). Also bitcoin may harm the bullrun if bitcoin drops hard
TomvanHek
⋅
@TomvanHek, this also will be around the green 20dma. If it doesn't hold here it will go down more but it shouldn't. Probably not even below 420 sats :)