And other clear trade, 30K objetive as long as the blue trendline doesn't break, after a nice double bottom in 4h. As with all altcoin trade, everything depends on what bitcoin does, If btc goes up and draws new ATH, spect maximum bleeding in all alts.
When i published this chart, I advise to put long at 0.0001950/0.0002000
In one month reached 0.0003500 and still in a healthy and bull uptrend. My humble advice is bought at the dip and put long at 0.00028000/0.00030000
Say what the majority want and against the current, I'm still believing in the potential of this currency.That it could withstand the onslaught of the bull without falling over how much others strongest currencies.
I was asked not to do more so colorful charts and more clearly.
I hope I have succeeded or at least I tried.
Thanks to great traders like @BTCMarket...
With a positive and growing trend like in the previous chart, the same,changes at the exact moment of the BTC pump, significantly drop the price, forming and confirming the head and shoulders pattern.
If the technical analysis works, we go in downward direction inevitably, if not will have to go through that cloud first and then in the direction we all are...