if price drops below the 200 ma, i would evacuate this long position asap. open a fat short. Currently price looks like it wants to make a small push up for a nice high leverage long to .2080 ish. nice gains for a scalp. good luck and this is not advice for you. this is my current set up for my personal trade.
Comment:
man this really tried to hit me with that fake out. luckily i was at work when it fell below the 200 so i didnt exit my position. cuz that could have stopped me out and got me in another trade the opposite way. two losses at 15x woulda sucked. luck is a maker or breaker at times. this time was pure luck i was distracted at work. things are looking more bullish in the cryptoverse. lets see if we break this downtrend in the coming week or two.