Mith is another coin that looks like it could pull back a little before making another run. I am looking to set a stop loss bellow support rather than recent swing low. Reasoning: that is when I believe the trade is invalid. (Daily close below strong support.)
I am currently still long on BTC. I think we do need a confirmed close either on the 4 hour of daily candle above the resistance of $3940 before continuing the up trend. I am long from the 3700 support. I have moved my stop loss into a profitable area. If we close above 3930 - 3940, we are looking to run to the next resistance area. If not, its ok too. I'll be...
Another alt coin that is making its cycle back to a strong support after reaching the top of a range. I am hoping my orders get filled in the green area and taking profits back at the recent swing high.
A lot of alts have been reacting very well to daily support and resistances. Loom is having a small pullback to a recent resistance turned support so we are looking to capitalize on the potential liquidity pool in this zone.